Trade tensions, US earnings on tap this week
US earnings, continued trade tensions, and inflationary fears ahead of the May meeting of the Federal Reserve will continue to drive investor sentiment and trading this week.
Wall Street finished lower last Friday on concerns about higher interest rates and tech giant Apple's prospects.
IG market strategist Pan Jingyi expected the impact of the US earnings season to continue trickling down to Asian markets. This week promises to be a significant one for global equity markets, she said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Electrolux Q1 loss nearly triples on weak demand but beats expectations
DigitalBridge-backed Vantage said to weigh Hong Kong data centres sale
Vietnam delays launch of new stock trading system
Tesla’s plan for affordable cars takes page from Detroit rivals
Meituan to debut in Riyadh as expansion beyond China quickens
Mapletree Industrial Trust to distribute S$13 million of divestment gains over next 4 quarters