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No record closes for major indices The major US indices have snapped their five day winning streak ahead of the key earnings including Alphabet, Apple, Microsoft, AMD, Starbucks.   Microsoft is trading down $3.11 at $285.94 Apple is trading down $2.42 at $146.57 Google is trading down $-48.99 at $2631.71 AMD is trading down $-0.92 at
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New Delhi: Gold in the national capital on Tuesday dipped Rs 123 to Rs 46,505 per 10 grams amid weak international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,628 per 10 gram. Silver also went lower by Rs 206 to Rs 65,710 per kg,
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Overall markets are in risk-off mode today, started with steep selloff in Hong Kong and China stocks. Nevertheless, losses in Europe are limited, while DOW future is just slightly lower. In the currency markets, commodity currencies are the worst performing ones, as led by New Zealand Dollar. Yen is the strongest one, followed by Swiss
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Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Apple reports fiscal third-quarter earnings after the bell on Tuesday. Here’s what Wall Street is expecting, per Refinitiv estimates: EPS: $1.01 estimated Revenue: $73.30 billion estimated iPhone revenue: $34.01 billion
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The forex markets are rather quiet in Asia, with major pairs and crosses stuck inside yesterday’s tight range. Risk sentiments are mixed. While US indexes extended the record runs overnight, Asian index are struggling, as dragged down by extended selloff in Hong Kong. Overall, European majors are generally firmer together with Yen. On the other
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Economist at UOB Group Barnabas Gan assesses the latest industrial/manufacturing figures in Singapore. Key Takeaways “Singapore’s industrial production rose 27.5% y/y (-3.0% m/m sa) in June 2021, in line with our expectations for a 27.4% y/y expansion. This is the fastest growth since November 2010 (+41.2% y/y, +1.5% m/m sa).” “Manufacturing growth in the second
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