The Asian stock market closed the week in red numbers. Toyota Motors slightly decreased today, however according to Bloomberg Mizuho rose its suggestion from ”Hold to ”Buy”. Chinese stocks decreased on the back of disappointing CPI data and dropped by -0.20%.
The European stock market also looks like it will finish the week in red numbers. Siemens has already dropped by -1.15% so far, however its rating was upgraded by the Bank of America from ”Neutral” to ”Buy”. This might be a great opportunity for a long-term trade for binary option traders.
American companies JP Morgan and Wells Fargo are about to kick off earnings season. The report for JPMorgan will be released at 11AM GMT and at 12.30GMT we should expect a press conference. The general expectation is to see net profit of 5.45 billion USD and revenue of 23 billion. At 12AM (GMT) Wells Fargo will post its quarterly earnings report. On the pre-market the price is slightly dropping which suggests a bearish outlook.
April 11, 2014 – Stock Market News
Hot Asset For Today: JPMorgan
The Asian stock market closed the week in red numbers. Toyota Motors slightly decreased today, however according to Bloomberg Mizuho rose its suggestion from ”Hold to ”Buy”. Chinese stocks decreased on the back of disappointing CPI data and dropped by -0.20%.
The European stock market also looks like it will finish the week in red numbers. Siemens has already dropped by -1.15% so far, however its rating was upgraded by the Bank of America from ”Neutral” to ”Buy”. This might be a great opportunity for a long-term trade for binary option traders.
American companies JP Morgan and Wells Fargo are about to kick off earnings season. The report for JPMorgan will be released at 11AM GMT and at 12.30GMT we should expect a press conference. The general expectation is to see net profit of 5.45 billion USD and revenue of 23 billion. At 12AM (GMT) Wells Fargo will post its quarterly earnings report. On the pre-market the price is slightly dropping which suggests a bearish outlook.
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