After overshadowing overseas stock markets on Monday, after investors focused on corporate flash reports and rising bond yields, US stock indices finally closed down at moderate minus. Stocks have risen in Asia, while European futures indexes are also projecting a slight increase in Tuesday’s market opening.
After the initial outbreak, overseas stock exchanges took place on Monday after investors focused on the results of the company’s flash report season and rising bond yields. Towards closing, US stock indices drew up some of the minus, Dow ended the Monday trading at 14-point minus, S & P500 stagnated, while Nasdaq dropped 0.2 percent.
In Asia, the second day of the week was in a good mood, while the Far East blaze was hit by a nearly two-week low on Tuesday, Nikkei 0.8, Hong Kong Stock Exchange 0.8, and Shanghai Shares a 1.7% rise.
After Monday’s market closure, Google’s parent company, the Alphabet, published its flash report. The company’s first-quarter revenue was $ 31.15 billion, compared to $ 30.29 billion in analysts ‘expectations, while earnings per share were $ 9.93, which also outperformed analysts’ expectations of $ 9.28.
He leaves his position with effect from July 1, 2018. Christopher Mattheisen, Chief Executive Officer of Magyar Telekom and his successor, Károly Rékasi, will head the company. Christopher Mattheisen has served as Chief Executive Officer since December 2006.
The futures DAX index is 19-point plus Tuesday morning, which may propel a 0.1 percent rise in European market opening.
The forint against the euro is close to 312 in the morning, $ 1 per dollar, while Swiss franc has to pay 261 forints this morning.
What are investors looking for?
On Tuesday, the Hungarian National Bank holds its benchmark interest rate, as expected from market participants, we can not expect any change in monetary policy, primarily for reasons of central bank motivation for investors.
On the second day of the week, the Central Statistical Office publishes its revised retail set of data for February.
Germany receives IFO’s economic mood index from April.
In the United States, the number of new home sales in March and the April consumer confidence index can be met by investors.
The overseas bidding season continues, with Caterpillar, Coca-Cola, reporting on Tuesday.
portfolio.hu / Photo: napi.hu