equities

U.S. benchmarks were broadly better ahead of the bell with 2 largely anticipated stock splits in focus. Apple will split 4:1 and Tesla 5:1.
The S&P 500 extended its record run overnight, trading to 3509.50. Fed Chair Powell delivered all that was expected yesterday, announcing Average Inflation Targeting.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Analysts expect Powell to announce the committee’s policy shift to Average Inflation Targeting. We discussed the concept earlier this week. It is as it sounds; inflation has run below the Fed’s 2% target for an extended period.
U.S. benchmarks are holding steady ahead of the open, and Salesforce reported a blowout quarter.
Strength in stocks continues early this week ahead of the Jackson Hole symposium. U.S./China trade talks are expected to start making progress as China increases Crude Oil purchases.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
The S&P has finally taken out the February highs, and news of fast-tracking a Covid-19 vaccine before the November elections is giving stocks an additional boost.
The Nasdaq-100 index closed at a fresh record yesterday, and the S&P 500 battled to settle positive, 1% off its overnight low. This sounds like a healthy session, but not for anything other than tech behemoths.
Yesterday, the S&P 500 index failed to tag its record high from February 19 by 2 points and began slipping after the release of the FOMC minutes. With the failed high under its belt, the Federal Reserve’s reluctance to implement yield curve control weighed on risk-assets broadly and strengthened the U.S. dollar.