News Formal

ASX to rise, Wall Street boosted by US-China trade optimism and strong earnings

  • 📰 abcnews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 83%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Australian shares are set to open higher after Wall Street is boosted by a stronger-than-expected profit reporting season.

Australian shares are set to open higher after Wall Street was boosted by optimism about upcoming US-China trade talks and a stronger-than-expected profit reporting season.AUD: 70.04 US cents, 56.3 British pence, 62.79 euro cents, 75.8 Japanese yen, $NZ1.04Europe: FTSE 100 +0.6pc at 7,557, DAX +1.6pc at 12,491, CAC +0.9pc at 5,618, Euro Stoxx 50 +1.2pc at 3,533

Expectations the Federal Reserve will cut interest rates at its policy-setting meeting next week have made investors more willing to buy stocks. Coca-Cola shares surged 6.1 per cent to a record high after the drink maker beat quarterly earnings expectations and raised its full-year organic revenue forecast.

White House economic adviser Larry Kudlow told reporters on Tuesday the in-person talks to resolve the US-China trade deal were a good sign.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Bubble gets bigger.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

ASX to edge higher, Wall St lifts on tech earnings and bets on rate cutAustralian shares are likely to edge slightly higher at the open, after Wall Street was boosted by technology stocks and expectations of a US interest rate cut.
Källa: abcnews - 🏆 5. / 83 Läs mer »

ASX to edge higher, Wall St lifts on tech earnings and bets on rate cutAustralian shares are likely to edge slightly higher at the open, after Wall Street was boosted by technology stocks and expectations of a US interest rate cut.
Källa: abcnews - 🏆 5. / 83 Läs mer »

Asahi's blockbuster $16bn CUB deal to boost flat beer marketThe $16 billion takeover of CUB by Japan's Asahi could help revive flat beer market in Australia after a multi-year slump, industry executives say Flat beer market? No fizz? The beer market is down because of changing consumer habits and ever increasing govt excise, not because of the companies. Local indie craft is growing in a flat market though
Källa: smh - 🏆 6. / 80 Läs mer »