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Market Recap – Chinese Nasdaq debut

Monday, July 22, 2019 10:47 AM GMT

This week the focus turns to the Gas Forum in Cairo Egypt, scheduled for Wednesday and Thursday, and the ECB’s monetary meeting on Thursday. On Tuesday Coca-Cola and Harley Davidson report their earnings, on Wednesday it is the turn Boeing and Ford, on Thursday it is the turn of Amazon and Google and on Friday it is the turn of twitter

Later today, a two-day debate starts at the Spanish Parliament so that a new government is formed. Socialists have won 123 out of 350 seats at the latest elections on 28 April 2019 and are set to be supported by the Podemos, a left party that won 43 seats. Tomorrow’s vote is not expected to give them the absolute majority needed, so a new vote will most likely take place on Thursday that require a simple majority for the government to be formed.

During the Asian session, all 25 Chinese tech stocks surged at the debut of Shanghai Stock Exchange Science and Technology index.

Macro releases: No market moving macro release is expected today.

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The views expressed do not constitute investment or any other advice /recommendation /suggestion and are subject to change. Reliance upon information in this material is at the sole discretion of the reader. Opinions expressed in the report do not represent the opinion of Zulutrade and do not constitute an offer or invitation to anyone to invest or trade.

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