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Mixed moods at the start of a new week
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Trump hinted on new stimulus deal
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IBM (IBM.US) to report earnings after market close
Global stock markets launched new week in mixed moods. Major benchmarks from Asia finished today's trading lower while DAX and S&P 500 futures are erasing gains. It looks like the European cash session will open with just minor bullish gaps. Donald Trump hinted on the weekend that the next stimulus deal could be unveiled today. Timing is uncertain but may be announced in the morning US time. It could be a major market moving event today. Apart from that, next round of EU-UK post-Brexit talks is scheduled to start today.
When it comes to events of interest later into the week, traders will focus primarily on European PMIs (Thursday). US jobless claims data and Michigan consumer sentiment will also be on the watch this week.
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9:00 am BST - Poland, employment change of March. Expected: 0.8% YoY. Previous: 1.1% YoY
1:30 pm BST - Canada, wholesale sales for February. Expected: -0.5% MoM. Previous: 1.8% MoM
Noteworthy earnings reports
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IBM (IBM.US) - after market close
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Infosys (INFY.US) - before market open
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Equifax (EFX.US) - after market close
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