Markets React to Mixed Economic Data and Key Earnings Reports
Global markets are navigating a landscape shaped by fluctuating commodity prices and upcoming corporate earnings. Teh price of gold saw a slight uptick, reaching 3.609,marking a 0.8% increase. Similarly, zinc prices climbed to 25.413,a 1.1% rise.
Currency Markets Show Stability
The euro experienced a minor shift against the dollar, trading at 1.1734. This follows a closing rate of 1.1748 in the American market and 1.1754 at the close of European stock trading.Key currency pairs observed include:
- USD/JPY (yen): 147.00
- EUR/USD (Euro): 1.1734
- EUR/JPY (Yen): 172.49
Upcoming Economic Indicators
Investors are closely watching the following economic data releases:
- July: Consumer Confidence (Netherlands) at 06:30.
- Weekly: Mortgage Applications (US) at 13:00.
- June: Existing Home Sales (US) at 16:00.
- July: Consumer Confidence VLPG (Eurozone) at 16:00.
- weekly: Oil Stocks (US) at 16:30.
key Company Earnings on the Horizon
Several major companies are scheduled to release their second-quarter financial results:
- 07:00: Thales (France)
- 07:00: Unicredit (italy)
- 13:00: AT&T (US)
- 13:00: Hasbro (US)
- 22:00: Alphabet (US)
- 22:00: IBM (US)
- 22:00: Tesla (US)
Copyright: ABM Financial News / info@abmfn.nl
ABM Financial News is the supplier of Beursnieuws in the Benelux. the information in this article is not intended as professional investment advice or as a recommendation to make certain investments.
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