Week # 31 - Vtrade Capital Services Summarises the forthcoming week

WEEK #31 AHEAD - #VTRADE

Vtrade Capital Services Summarises the forthcoming week

-       Economic News, Interest Rates & Monetary Policy:

The US Federal Reserve officials are scheduled to have a meeting to discuss the monetary

policy. Meanwhile all eyes and ears are on the Bank of England who might finally raise their interest rates for a smoother sail in their economy.

Also, Bank of Japan meets on their forth-moving policies on interest rates and all investors are sharply focused on the same as they are expected to look at the possible call back of their mass monetary incentive.

While US releases their pending home sales expected to see a double of the last reading which said -0.5% followed by their July Unemployment data.

Germany, one of the important economies in the EU engulfed in the Brexit & immigration happenings among others, releases its unemployment data this week.

-       Yet Another important week for Earnings

With a lot of volatility seen among top tech stocks in the recent past, with Intel and Facebook releasing their earnings and seeing a great fall in their market cap, especially in the case of Facebook where it had a sell-off of almost $150 Billions dollars, this week also promises some action with some of the big names and market movers ready to release their earnings.

With CATERPILLAR, LOEWS & SEAGATE TECHNOLOGY ready to declare their earnings today.

Though APPLE will be the centre of attraction on the earning fronts, this week will also see earnings of TESLA, run by one of our favourite CEO’s who every now and then keeps the twitter populous busy with his tweets.

Among many more big names scheduled to release their earnings this week are the likes of PROCTER & GAMBLE, PFIZER, BAIDU & Warren Buffets BERSHIRE HATHWAY.

-       Trade among trade wars…

Looks like the Trump administrations all time grossing strategy trade wars has always kept the street busy not to mention noisy sometimes.

As they have been busy in the recent past investors will continue to be remarkably attentive to the ongoing happenings on the trade front between the US and other major economies, like China, EU and Canada & Mexico. The latter two are silent for some time now as America seems to be taking steps towards the revision of the North American Free Trade Agreement (NAFTA).

According to the news doing rounds, trade negotiations seemed to have been muted among the largest two economies i.e. US and China. On Wednesday $16 billion in U.S. tariffs on Chinese goods are expected to be implemented, and China is expected to put tariffs on the same amount of U.S. goods in return as its been the case in the past. Where does all this end is a matter of concern, world over; Isn’t It?

With the recent meeting between President Donald Trump and European Commission President Jean-Claude Juncker concerns over an escalated trade war between the two regions seems to have been eased lately.

Trade-war fears have been simmering for months, keeping market gains in check with investors jittery over the prospects of further escalation in tensions having an impact on global economic growth.

-       Current overviews of the Stock Markets

US stock futures dipped Monday, European markets declined in early trading.

Most Asian markets closed with modest losses. The Shenzhen Composite posted the biggest decline, dropping 1.4%.

Stocks turned in a mixed performance last week as shares in tech companies came under pressure. The Dow Jones industrial average rose 1.6% last week and the S&P 500 gained 0.6%, but the Nasdaq fell 1.1%.

Markets as of NOW

DOW Futures	Nasdaq Futures	S&P Futures
25443	7282.75	2815.00
+22.00 / +0.11%	-19.50 / -0.27%	-2.50 / -0.09%

China(ShanghaiComposite)	UK – FTSE100	GERMANY - DAX
2869.05	7649.20	12818.50
-4.54 / -0.16%	+42.00 / +0.55%	-46.8 / -0.37%

Disclaimer

This Interim Financial Results & News posts or updates includes forecasts, projections and other predictive statements that represent Vtrade's assumptions and expectations in light of currently available information. These forecasts, etc., are based on industry trends, circumstances involving companies and other factors, and they involve risks, variables and uncertainties. The Group’s actual performance results may differ from those projected in these Interim Financial Results. Consequently, no guarantee is presented or implied as to the accuracy of specific forecasts, projections or predictive statements contained herein.