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BLOOMBERG Bloomberg Markets Asia July 13, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Asia July 13, 2024

60 billion kiwi dollars. It is projecting a contraction of its gdp in the Second Quarter to 21. 8 . New zealand maintaining its benchmark Interest Rate at 0. 25 , all pretty much as expected. The rbnz has been at the forefront of supporting the 0. 5 already. Ates under a lot of pressure for this fiscal stimulus, as weve been saying, to double to 60 billion kiwi dollars. Facing a lot of scrutiny on whether to take rates to negative. We will see if it does that later on. For now, keeping rates steady. Kathleen bring in hays. It does seem like rbnz did exactly what the markets expected. Absolutel...

Earnings Keep Stocks Aloft at Start of Fed Week: Markets Wrap - Vimarsana News

Earnings Keep Stocks Aloft at Start of Fed Week: Markets Wrap

(Bloomberg) — Stocks were buoyed by earnings optimism as traders looked ahead to a busy week for company results. The yen rebounded after dropping to its lowest in 34 years. With Apple Inc. and Amazon.com Inc. scheduled to report in the next few days, investors will be hoping for more evidence that big technology profits…

Tech Stocks Drag Down US Futures Before GDP Data: Markets Wrap - Vimarsana News

Tech Stocks Drag Down US Futures Before GDP Data: Markets Wrap

(Bloomberg) — Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.’s disappointing outlook underscored the risk of volatility in a high-stakes earnings week. Nasdaq 100 contracts fell 0.9%, with Meta accounting for more than half of that decline. The Facebook parent tumbled as much as 15% in premarket trading after it…

Stocks, US Futures Rise Ahead of Big Tech Earnings: Markets Wrap - Vimarsana News

Stocks, US Futures Rise Ahead of Big Tech Earnings: Markets Wrap

(Bloomberg) — European stocks and US futures gained as investors’ focus shifted from Middle East tensions to a raft of company earnings scheduled for this week, including reports by more than half of the “Magnificent Seven” cohort of tech megacaps. The Stoxx Europe 600 index gained about 0.2%, recouping some of last week’s slide as…

US Futures Rise With Big Tech Earnings in Focus: Markets Wrap - Vimarsana News

US Futures Rise With Big Tech Earnings in Focus: Markets Wrap

(Bloomberg) — US equity futures gained as investors’ focus shifted from Middle East tensions to a raft of company earnings scheduled for this week, including four of the “Magnificent Seven” cohort of tech megacaps that have dominated the past year’s bull market. S&P 500 futures advanced by about 0.6% after the US gauge recorded its…