As the market participants are aware, in the present scenario, the equity markets in the US are presently getting influenced by the corporate earnings. It can be said that the market players are carefully tracking the news about the earnings as it generally provides a broader view of a particular company. However, apart from the earnings season, the global equity markets are expected to remain sensitive to the overall health of the global economy and the macro-economic factors. The comments decision of the Federal Reserve with respect to the interest rates is another important factor which affects the momentum of equity markets.
Talking about the companies which would be releasing their earnings reports, American Express would be coming out with its report on April 18, 2019 while, Mastercard Incorporated is expected to release the earnings report on April 30, 2019. The payment processor, Visa Inc., would be releasing the earnings report on April 24, 2019. Yesterday (i.e. April 16, 2019), Dow Jones Industrial Average closed the day in green as the index ended at 26,452.66 which implies a rise of 67.89 points or 0.26% on an intraday basis. Also, S&P 500 Index ended at 2,907.06 which reflects a marginal rise of 1.48 points or 0.05% on the same day.
Oil Prices Might Get Affected If Growth Worries Increases
It can be said that the oil prices get affected by the global macro-economic factors and a rise in the disturbances in the economic growth can reduce the demand of oil. A fall in the oil demand has the potential to influence oil prices. Another factor which could affect oil prices is the movement of equity markets. Any news related to the trade battle between the US and China can also lead to fluctuations in oil prices.
Australian Markets Closed in Red: S&P/ASX200 Ends by Falling 0.3%
The Australian markets might be influenced by the health of the global economy and a rise in global growth worries can have a negative impact on the broader momentum of Australian equity markets. Today (i.e. April 17, 2019), S&P/ASX200 ended the session in red as the index got closed at 6,256.4 which implies a marginal fall of 21 points or 0.3% on an intraday basis. Talking about the movement of stock prices, DuluxGroup Limited (ASX: DLX) and Blackmores Limited (ASX: BKL) have ended the session in green as their prices have witnessed the rise of 27.119% and 6.455%, respectively on an intraday basis.
On the other hand, Fortescue Metals Group Ltd (ASX: FMG) and Afterpay Touch Group Limited (ASX: APT) have ended todayâs session in red as their stock prices have fallen 8.272% and 5.887%, respectively. Santos Limited (ASX: STO) came forward and made an announcement about the production and sales volume for 1Q FY 2019. To read the news, please click here. Also, BHP Group Limited (ASX:BHP) released quarterly update for the market players. To read the full news, please click here.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a companyâs prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkineâs team of analysts bought you handpicked report for âTop 25 Dividend Stocks For 2018.â
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
Disclaimer
This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.