Equities

Stocks continued with strength in 2024 and with a market-friendly administration taking over in the United States, the backdrop is open for continuation of equity gains.

It was a banner year for stocks and the last time the S&P 500 rallied by this much over a two-year period, the index continued with a strong outing in 1999.

It was a banner year for stocks and the last time the S&P 500 rallied by this much the index continued with a strong outing in 1999.

Earnings from Broadcom and GameStop are in focus while Bitcoin-related stocks are also likely to remain under the spotlight as BTC hovers around 100k.

The US elections take place on November 5th. Here, we look at how a Trump or Harris victory could impact sectors & stocks.

US banks kick off Q4 earnings season, with JP Morgan and Wells Fargo reporting. PepsiCo will also report earnings.

We take a look at the ASX 200 futures chart and identify bullish and bearish sectors of interest, to aid with index or stock analysis.

Earnings this week from Nike, Carnival and Tesco will be under the spotlight.

After an underwhelming start to earnings from the magnificent 7, Microsoft, Meta, Apple, and Amazon will release earnings this week.

Two companies from the magnificent 7 release earnings this week. Tesla and Alphabet will release earnings on 23rd July after the close, and Lloyds will kick UK bank's earnings off on Thursday 25th, ahead of the UK open.

Earnings season ramps up this week with banks, airlines, and an early glimpse at chip stocks reporting, as well as Netflix.

The first round of the French election has shown that the far right is unlikely to form an absolute majority. The CAC40 is outperforming, with banks leading the charge. Eurozone inflation data is in focus ahead of Suvday's second round of voting. UK stocks are also gearing up from the UK election on July 4th, with housebuilders such as Visrry and bricks and mortar retailers in focus.

Stocks to watch this week include Apple with the Worldwide Developers Conference, Broadcom as it releases fiscal Q4 and full-year earnings, and Oracle amid the release of Q2 earnings.

GBP/JPY is coiling up and primed to fire, sitting in a strong uptrend while bumping up against horizontal resistance dating back to when the Bank of Japan initiated a record FX market intervention to support the Japanese yen in April.

Chinese stock futures have surged on the resumption of trade on Monday, finding buying support after hitting multi-week lows on Friday. If the gains stick, it points to a potential trend change in both the Hang Seng and China A50. The gains track similar moves across the Asian region and follow a late surge on Wall Street to end May.

Obvious month-end window dressing in Australia and United States stocks drove significant late session rallies on Friday, sending Australian ASX 200 futures surging 1.5% from the lows hit in Asia. But with commodity prices down heavily on Friday including iron ore, whether the gains can stick is questionable.

A UK general election will be held on July 4th. Since the announcement, the FTSE has fallen around 1%, and GBP remains well supported. In short, the market is calm about the prospect of Labour, which is ahead in the polls, winning power. This is because it is expected, and the policies aren't radically different from Conservative policies. The economy as a whole isn't expected to change its course and the timing of the BoE rate cut could be more of a market driver. That said, there are some policies that could affect specific sectors, which we consider below.