-
US indices finished yesterday's session lower but managed to recover from daily lows. S&P 500 dropped 0.47%, Dow Jones moved 0.24% lower and Nasdaq slumped 1.21%. Russell 2000 dropped 1.13%
-
Stocks in Asia are trading lower. Nikkei drops 1.6%, S&P/ASX 200 trades 0.7% lower and Kospi declines 0.5%. Indices from China traded lower as well but scale of decline is smaller than in previous days
-
DAX futures point to a lower opening of the European session
-
Lockdown in Sydney has been officially extended by 4 weeks, to August 28.
-
According to media reports, talks are ongoing between North Korea and South Korea to hold leaders' summit
-
API report on oil inventories pointed to a 4.73 million barrel draw (exp. -3 mb)
-
Australia Q2 CPI came in at 0.8% QoQ (exp. 0.7% QoQ)
-
Apple (AAPL.US) reported Q2 EPS at $1.30 (exp. $1.01) and revenue at $81.41 billion (exp. $73.30 billion). iPhone sales were 49.8% YoY higher at $39.57 billion while services revenue jumped 33% YoY at $17.48 billion. However, stock dropped in after-hours trading after Apple said that chip supply will affect iPhone sales in Q3 2021
-
Alphabet (GOOGL.US) reported Q2 EPS at $27.26 (exp. $19.34) and revenue at $61.88 billion (exp. $56.16 billion). Total ad revenue increased almost 70% YoY, to $50.44 billion. YouTube ad revenue reached $7.0 billion (exp. $6.37 billion).
-
Microsoft (MSFT.US) reported Q2 EPS at $2.17 (exp. $1.92) and revenue at $46.15 billion (exp. $44.24 billion). Cloud revenue jumped 30% YoY to $17.38 billion (exp. $16.33 billion).
-
Bitcoin trades slightly below $40,000 mark
-
Precious metals, oil and industrial metals trade higher
-
NZD and CAD are the best performing major currencies while CHF and GBP lag the most
US100 took a steep dive yesterday and broke below the lower limit of local market geometry (15,004 pts). Drop was halted at the 50% retracement of the upward impulse launched in mid-July and the index has subsequently recovered back above 38.2% retracement. Source: xStation5
