Stocks and indices are mixed as Asian segment of the market is still hit with the holiday haze with Lunar New Year hitting the entire region today. The greenback decreased against major peers and we are looking for the reason for it to go higher. Although the situation may indeed change after Donald Trump delivers State of the Union today.
As the first month of the year came to an end we now stand witness to the best months for the world equities in almost 7 years. All is due to the trade talks which are supposed to go on in the February. If collaboration goes on and trade talks have their success, we might see a rapid growth for the world economy after all.
Asian markets are mostly closed today as the people in the region celebrate Lunar New Year. That is why we see so little numbers changed across the region, although the ones that do happen are bringing positive outlook on the situation in the region as the trade talks progress.
Huge recoveries can be seen in American social and tech shares as after days and days of falling we see a jump that big and significant. We haven’t seen growth like that in a long time. Apple jumps by more than 6 percent after the financial report indicating 5 percent revenue loss made Tim Cook review company’s pricing policy. Will that save Apple?