Look ahead: Netflix; easyJet trading; US initial jobless claims; Australia unemployment rate
Netflix shares have been on a tear, but analysts are warning that the streaming giant’s earnings will have to really impress investors to keep its share price momentum going.
easyJet’s trading will be key ahead of an expected surge in summer travel demand. The United States and Australia release labour market data.
(AI Video Summary)
Expected economic data
Angeline Ong previews key financial updates for 18 April, including Australia's unemployment rate at 3.9%, US jobless claims, the Fed Manufacturing Index, existing home sales, and comments from Fed officials' post-Powell inflation remarks. Attention is on easyJet's first-half trading statement amid travel industry challenges, Dunelm's Q3 report, Foxton's Q1 report, and Rentokil's Q1 report.
Netflix
Netflix's Q1 earnings are in focus as it competes in the streaming space, having surged 258% since May 2022. Market watchers anticipate Netflix's strategies to further captivate investors amidst fierce competition and a high expectation due to its significant share growth.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Act on share opportunities today
Go long or short on thousands of international stocks with spread bets and CFDs.
- Get full exposure for a comparatively small deposit
- Trade on spreads from just 0.1%
- Get greater order book visibility with direct market access
See opportunity on a stock?
Try a risk-free trade in your demo account, and see whether you’re on to something.
- Log in to your demo
- Take your position
- See whether your hunch pays off
See opportunity on a stock?
Don’t miss your chance – upgrade to a live account to take advantage.
- Trade a huge range of popular stocks
- Analyse and deal seamlessly on fast, intuitive charts
- See and react to breaking news in-platform
See opportunity on a stock?
Don’t miss your chance. Log in to take advantage while conditions prevail.
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
