- US President trump made comments on the US-UK trade deal falling through due to Prime Minister Teresa May’s current Brexit plan. The GBPUSD is lower by 63bps The FTSE 100 is up +0.43%
- JPM beat on earnings, shares up 1.3% pre-market with equity and FICC trading revenues beating estimates
- Asia Stocks posting first weekly gains in 5 weeks. Notably the Nikkei 225 was up 1.85%, Topix up 1.19% the Hang Seng up 0.16% and the Shenzhen up 0.46%
- Europe stocks following Asian stocks and are up before midday. The Euro Stoxx 50 is up +0.23%, FTSE 100 is up +0.43%, CAC 40 +0.39% and the DAX +0.24%
- JPM had a nice beat on earnings and has kicked off earnings season for financials -- we're not bullish or bearish on JPM but we do see value in BBT, ZION, SNV. How about everyone else?
Submitted July 13, 2018 at 07:20AM by QuantalyticsResearch https://ift.tt/2Nftyqz
