Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
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Asian stock markets are trading in a negative trend today. In Tokyo, the Nikkei declined by 0.6%, while in Hong Kong it fell by 1.4%. This is after New York closed last night with gains of 1.4% -2% in the leading stock indices.
Futures on US stock market indices are now down 1.5%.
Following the close of trading last night in New York, Snap’s stock fell about 30% after the company’s CEO warned in a letter to employees that the company would not meet revenue and earnings expectations and reduce the recruitment of new employees.
In the commodity trading arena, there is a decrease of about 0.6% in oil contracts. Gold is climbing at a slight rate and in the crypto arena Bitcoin is recording a slight increase to $ 29,400.
The yield on 10-year US government bonds stabilizes at 2.85% and the dollar strengthens by 0.3% -0.2% against the euro and the Japanese yen.