Today’s highlights: Fed minutes push global markets down
- Wall Street closes lower: A volatile session in the US yesterday, as leading indices started the day with sharp gains, but eventually closed lower. The trend reversal occurred following the release of minutes from the latest FOMC meeting, which showed the Fed could be planning more rate hikes. Despite the negative momentum, some stocks continued to show gains, such as Domino’s Pizza, which climbed more than 4% to reach a new all-time high.
- Crypto market slowdown continues: 8 of the top 10 cryptos registered small losses over the past 24 hours. However, a recovery was seen this morning, as Bitcoin inched back over the $11,000 mark.
- CAD could be volatile today: The monthly Core Retail Sales report will be published in Canada at 13:30 GMT, potentially impacting the Canadian Dollar.
- Quarterly sales data expected in New Zealand: The New Zealand Dollar could be volatile this evening, as the quarterly Retail Sales report will be published at 21:45 GMT.
Amazon crosses $1,500 mark
Despite the negative trend seen on Wall Street, the retail giant continued to climb, crossing the lucrative $1,500 milestone for the first time ever. The stock is up some 73% over the last year. Amazon is still tied with Microsoft as the third-largest publicly traded company in the US (by market cap).
Stocks earnings releases on 22/02/2018
Stocks earnings releases on 23/02/2018
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