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Mag 7 names reporting this week- it could be a massive for the Nasdaq 100
There are many US companies due to report their Q1 earnings again this week. Within that number are 4 real tech heavyweights. On Wednesday April 30 after the closing bell we get earnings from Microsoft (MSFT) at 8.05pm GMT and Meta (META) at around 8.40pm GMT. Then on Thursday May 1 we get reports from Amazon (AMZN) at 8pm GMT and Apple (AAPL), at 8.30pm GMT. There will be much more to add on all this ahead of and after each report hits the screens on those days. Since the earlier update here this morning, looking at the Nasdaq 100, the index futures have lifted from the earlier lows, but as things stand right now, the index is still priced to open lower later on, just as the European markets prepare to kick off the new week. The Nasdaq 100 is currently priced to reopen around 19,390
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Dollar continues to weaken leading into the 4pm London Fix- EUR/USD straddles 1.1150
The dollar has continue to weaken this afternoon. The GBP/USD is still battling to overcome 1.3250 and the USD/JPY has so far rejected any lasting... -
US stocks mixed in early trading- Dow Jones still in the red
The US stock markets have been open for around 20 minutes now and so far it has been an early session of mixed fortunes. The Dow Jones is still in the... -
GBP/USD making some progress now towards 1.3250
Following on from the previous update looking at the price action in the EUR/USD we see the GBP/USD has charted a slightly steadier route higher...
