๐ ๐๐ผ๐ผ๐ฑ ๐ ๐ผ๐ฟ๐ป๐ถ๐ป๐ด ๐๐๐ฟ๐ผ๐ฝ๐ฒ ๐
๐น๐ช๐ฎ๐ธ๐ฒ ๐๐ฝ ๐๐๐ฟ๐ผ๐ฝ๐ฒ: European stocks are poised for a flat opening as $NVDA (NVIDIA Corporation)'s disappointing results weigh on Asian tech and US futures. Focus shifts to UK Chancellor Hunt's Autumn Statement for economic stimulation, Scholz-Meloni's joint cabinet meet, Dutch elections, and consumer confidence data from Denmark and Belgium. Earnings from $TKA.DE (ThyssenKrupp AG) and $SAGE (Sage Therapeutics Inc) are also in the spotlight.
๐นUK Autumn Statement: Key moment for the GBP: Chancellor Jeremy Hunt to unveil the UK Autumn statement with fresh economic forecasts, stressing caution despite potential Bank of England rate cuts amidst falling inflation.
๐นBinance's Legal Settlement: Binance and CEO CZ settle with the Justice Department, admitting to charges of anti-money laundering and U.S. sanctions violations, including dealings with Hamas. A cautious atmosphere now envelops the crypto market.
๐น $NVDA's Mixed Results: Nvidia surpasses Q4 expectations with its GPUs' booming demand in generative AI, yet faces a 1% stock dip due to export restrictions in key markets. Also debuting: the GH200 GPU.
๐น $AEO (American Eagle Outfitters Inc)'s Stock Drop: Despite outperforming estimates and hiking its forecast, American Eagle Outfitters' stock fell 16% amid concerns over profit margins.
๐น $BURL (Burlington Stores Inc) Earnings Surge: Burlington Stores' stock rockets 20%, surpassing Q3 earnings expectations and signaling a retail sector rebound.
๐น $VMW Amid Acquisition: VMware's stock drops 4.9% as it edges closer to a $69 billion acquisition by $AVGO (Broadcom Inc) amidst regulatory green lights and market uncertainties.
๐น $GOLD's Market Reaction: Gold reaches $2,000, reacting to the Fed's rate outlook, but cools off amidst a firm high-rate policy and dollar's recovery, leaving investors wary.
๐น $DE (Deere & Co) Earnings Anticipation: Deere & Company braces for Q4 earnings reveal. With a Buy rating, despite a 11% yearly dip, analysts and investors await its financial performance.
๐น๐ง๐ผ๐ฑ๐ฎ๐'๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ช๐ฎ๐๐ฐ๐ต: Today's key events: Chancellor Hunt's Autumn Statement in the UK at 12:30 PM, US Durable Goods & Jobless Claims at 1:30 PM, and $CL.JAN24 Inventory updates at 3:30 PM.
โ ๏ธPlease note, this is not investment adviceโ ๏ธ
*Past performance is not indicative of future results.... Show More
