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Consolidation Mode But Remains Bearish

AUDUSD TECHS

Fails To Hold Onto Thursday’s High

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COMMODITIES

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EQUITIES

A small bounce in European equities after a tough couple of days, though financials are underperforming following weak earnings releases. NASDAQ futures are outperforming, with the likes of Amazon, Alphabet, Apple, and Facebook reporting earnings today.

  • Asian stocks closed mixed, with Japan's NIKKEI down 86.57 pts or -0.37% at 23331.94 and the TOPIX down 1.62 pts or -0.1% at 1610.93. China's SHANGHAI closed up 3.489 pts or +0.11% at 3272.727 and the HANG SENG ended 122.2 pts lower or -0.49% at 24586.6.
  • European equities are slightly higher, with the German Dax up 48.99 pts or +0.42% at 11612.45, FTSE 100 up 12.09 pts or +0.22% at 5594.34, CAC 40 up 13.03 pts or +0.29% at 4584.08 and Euro Stoxx 50 down 1.35 pts or -0.05% at 2963.71.
  • U.S. futures are higher led by tech, with the Dow Jones mini up 184 pts or +0.7% at 26593, S&P 500 mini up 27.75 pts or +0.85% at 3291.25, NASDAQ mini up 125.75 pts or +1.13% at 11258.5.
MNI London Bureau | +44 203-865-3807 | tim.cooper@marketnews.com
MNI London Bureau | +44 203-865-3807 | tim.cooper@marketnews.com
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