Look ahead: Bank of America; Ocado; ZEW; Canada inflation; US retail sales
Bank of America earnings in focus after Goldman Sachs profit jumped on robust debt underwriting and fixed-income trading.
The world’s economy swings into focus with Germany’s ZEW, the latest Canadian inflation print and US retails sales.
Over in the UK, watch out for Ocado’s earnings a day after its shares slumped on a downgrade.
(AI Video Summary)
Market impact of attempted Trump assassination
In today's financial "Look ahead" hosted by Angeline Ong, key insights revolve around geopolitical and economic events impacting markets. The highlights included analysis of Trump's influence on US and global markets following an assassination attempt, with anticipated effects on Republican policies potentially altering market dynamics, debt, and deficits.
Upcoming economic data
Upcoming economic data such as Germany's ZEW survey, Canadian inflation rates, and corporate earnings from firms like Ocado and Bank of America are discussed, with implications on trading strategies. Increased attention is also given to sectors influenced by tariffs and Trump's policies, such as energy and electric vehicle (EV) markets, hinting at future inflationary pressures and investment shifts.
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