JPMorgan&Chase Co. About To Start The U.S. Earning Reports
April 11, 2014 12:00 pmVideo
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April 11, 2014 – Stock Market News
Hot Asset For Today: JPMorgan
Asian stock market closed the week in a red numbers. Toyota Motor slightly decreased today, however according to Bloomberg Mizuho rose suggestion from Hold to Buy. Chinese stocks decreased on a back of disappointing CPI data and dropped by -0.20%.
European stock market also seems to finish the week in red numbers. Siemens has already drop by -1.15% so far, however its rating was upgraded by Bank of America from Neutral to Buy. That might be great opportunity for long-term trade for binary option traders.
American companies JP Morgan and Wells Fargo are about to kick off earning season. The report for JPMorganwill be release at 11AM GMT and at 12.30GMT we should expect a press conference. The general expectations is to see net profit of 5.45 billion USD and revenues 23 billions. At 12AM (GMT) the Wells Fargo will post its quarterly earning report. On a pre-market the price slightly dropping which suggest bearish outlook.
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