Asian shares firm, hope for best from U.S. earnings

FILE PHOTO: A man wearing protective face mask, following an outbreak of the coronavirus disease , walks in front of a stock quotation board outside a brokerage in Tokyo, Japan, March 10, 2020. REUTERS/Stoyan Nenov

Japan’s Nikkei gained 1.3% and South Korea 0.9%. E-Mini futures for the S&P 500 rose 0.2% even as some U.S. states reported record new cases of COVID-19, a divergence that shows no sign of stopping. “JP Morgan, Citigroup, and Wells Fargo all report on Tuesday and there’s a view that the bar has been set pretty low for them to report the almost obligatory ‘better than expected’ results - the absence of forward guidance from many firms notwithstanding.

Super-low rates have in turn been a boon for non-yielding gold which hit a near nine-year high after five straight weeks of gains. The metal was last at $1,800 an ounce, just off a $1,817.17 top.

They are....us

impending bubble. Then the big investors and banks start, and the great disaster in the stock market comes. It will be this week !!!

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Market Pulls Back Amid Rising Virus Cases And Grim Corporate Earnings ExpectationsWall Street’s worry meter is ticking higher this morning as virus cases continue to rise, investors are pessimistic about the earnings season, and China threatens retaliation for U.S. sanctions. WH it’s not the Economy....... This article is from Friday morning and already woefully outdated... the markets finished strong. Good bets on 5G such as Marvell
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