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Earnings Reports
We’ve got a varied group of equities for you to trade starting today.
Check out this week’s earnings reports below and get your reading glasses ready! 🔍
Trade Desk Inc (.TTD.OQ)
Day: Monday, May 10
Time: 11 am GMT
Note: The Trade Desk, Inc., a company that provides a global technology platform for buyers of advertising, has easily surpassed its past two earnings projections, averaging a staggering surprise of 127.22%. EPS for Q1 2021 is expected to be $0.37
Paysign Inc (.PAYS.N)
Day: Tuesday, May 11
Time: 9:00 pm GMT
Note: Will Paysign, a firm that offers prepaid card programs, digital banking services and payment processing, recover its share of business in the pharma and plasma industries following COVID-19? EPS for Q1 2021 should be -$0.01
Walt Disney (.DIS.N)
Day: Thursday, May 13
Time: 8:05 pm GMT
Note: Will Mickey Mouse’s home company experience a fourth consecutive quarter of double-digit declines in revenue? Or will the success of Disney+ push it over the hump? EPS = $0.27.
XPeng Inc (.XPEV.OQ)
Day: Thursday, May 13
Time: 12:00 pm GMT
Note: XPeng, a Chinese electric vehicle manufacturer, is expected to continue to grow, providing cheap EV options to buyers in the world’s largest market. Following a stellar 2020, is the Chinese “Tesla” bound for more success in 2021?
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UK GDP
Following a disastrous 2020, will the UK economy’s bounceback kick off in Q1 2021? 📈
Find out on Wednesday, May 12th when the UK releases preliminary data for this quarter’s GDP at 6:00 am GMT.
An economic recovery should be in the works, so get those GBP trades ready!
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US CPI
Are there inflationary concerns in the US these days? Or are the current price spikes a one-off event resulting from the pandemic? 😕
The US Fed is not entirely concerned by this heating up of the economy and thinks inflation will remain within its preferred range of 2 to 2.5%.
Let’s see about this on Wednesday, May 12th when the US announces its latest CPI data at 12:30 pm GMT!
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US Crude Oil Inventories
Oil seems to be in recovery mode following a disastrous 2020. 👏
Despite the ongoing humanitarian crisis in India, the successful vaccine rollouts in the US and Europe have bode well for oil with many analysts suggesting prices could rise to $80 per barrel this summer.
Find out on Wednesday, May 12th when the US EIA releases its weekly crude oil inventory report at 2:30 pm GMT if both demand and the price of black gold are on their way up!
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US Retail Sales
There are high expectations for US Retail Sales in April following an impressive 9.8% growth in March. 😎
The last of the stimulus packages have been distributed and employment is still in recovery mode, so it doesn’t look like these gaudy numbers will be matched.
In any case, pay close attention to the latest figures to be released Friday, May 14th at 12:30 pm GMT and let’s get ready to trade USD! 💵
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US ISM Manufacturing PMI
Manufacturing in the US has really picked up its pace in March, with PMI hitting its highest level since December 1983 and exceeding expectations by more than 3.5%.
Will April PMI results show more of the same? 🏭
Or is a slowdown in store for the US economy?
Find out on Monday, May 3rd at 2:00 pm GMT and line up your USD trades.
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*The products advertised are only available to clients under Primus Markets and Primus Africa(FSPNo.46675).
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Earnings Reports
So what’s on this week’s earnings report menu? 💪
ConocoPhillips (.COP.N)
Day: Tuesday, May 4th
Time: 11 am GMT
Note: Increased production and higher oil and gas prices will most likely lead to a year-over-year rise in profit levels for ConocoPhillips. EPS is expected to be $0.58.
Kirkland Lake Gold (.KL.OQ)
Day: Thursday, May 6th
Time: 10 am GMT
Note: Gold production for Q1 2021 for Kirkland Lake Gold amounted to 302,847 ounces, which has exceeded the first quarter’s expectation of between 270,000 and 290,000 ounces. EPS should be close to $0.67.
Moderna (.MRNA.OQ)
Day: Thursday, May 6th
Time: 11 am GMT
Note: Moderna’s stock hit a high of $186 in February to then lose more than 50 points by the end of Q1. Still, the pharma company’s COVID-19 vaccine has been a great success story. EPS is $2.36.
Jot down these events on your calendar and get ready to trade these companies’ equities!
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EU Retail Sales
Retail Sales in the EU for February were a whole lot better than expected, growing by 3% or almost 1.5 points higher than anticipated.
However, did the latest surge in COVID-19 cases in the region take a hit on retail sales in March? 🛒
Check out the latest data on Thursday, May 6th at 9:00 am GMT and get those EUR trades ready.
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BOE Monetary Statement & Interest Rate Decision
The Bank of England (BOE) is predicting that the UK’s economy will contract for Q1 2021.
This follows the economy’s largest annual contraction in more than three centuries in 2020. 🤯
In light of this, will the BOE keep the key interest rate at 0.1% and the total bond-purchase target at 895 billion pounds?
Or are there changes in store for the UK’s economy?
Pay close attention to the BOE’s Monetary Policy and Interest Rate decision on Thursday, May 6th at 11 am GMT and prepare those GBP trades.
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*The products advertised are only available to clients under Primus Markets and Primus Africa(FSPNo.46675).
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US NFP
The US labor market is on the move, adding an impressive 900 thousand jobs in March.
This also marks the largest number of jobs created in the first two months of any US presidency. 👏
Will this amazing recovery continue on Friday, May 7th when the latest NFP data is released at 12:30 pm GMT?
There’s only one way to find out!
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*The products advertised are only available to clients under Primus Markets and Primus Africa(FSPNo.46675).
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New Zealand CPI
It’s time to trade one of your favorites: the NZD.
Will annual inflation remain stable at about 1.4% or will prices push further upward as more Kiwis spend on domestic travel and big-ticket imported goods? 🚘
Tune in on Tuesday, April 20th at 10:45 pm GMT for New Zealand’s latest figures on CPI and roll out your NZD trades!
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*The products advertised are only available to clients under Primus Markets and Primus Africa(FSPNo.46675).
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UK & Canada CPI
Both Canada and the UK will release their latest CPI data this week, making it a stellar opportunity for you to trade either or both currencies.
Join in on the fun on Wednesday, April 21st at 6:00 am GMT for UK CPI and 12:30 pm GMT for Canada CPI.
Let’s see if both countries’ inflation continue to hover nicely around 1% or (tradable) surprises are in store! 🎁
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*The products advertised are only available to clients under Primus Markets and Primus Africa(FSPNo.46675).
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ECB Interest Rate Decision & Monetary Policy
It’s time for you to pay close attention. The European Central Bank is about to speak. 💶
Based on what is said regarding interest rates, the PEPP and other issues of monetary policy importance, there should be ample opportunities for you to trade EUR and potentially benefit.
So check out what ECB President Christine Lagarde will reveal on Thursday, April 22nd at 12:30 pm GMT and prepare those trades.
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*The products advertised are only available to clients under Primus Markets and Primus Africa(FSPNo.46675).
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EUR & UK PMI
March witnessed vast improvements for PMI in both the EU and the UK.
The EU’s manufacturing PMI moved into the positives for the first time since September 2020.
The UK, which has performed better as a result of its effective vaccination policy, saw its manufacturing PMI jump from 55.1 to 57.9 and its services PMI move to 56.8 from just shy of 50.
Will April’s figures stay true to this trend or will the EU’s recent struggles with vaccination and COVID-19 contagion send the two in opposite directions? 💉
Find out on Friday, April 23rd at 8:00 am GMT and 8:30 am GMT for the EU and UK PMIs, respectively.
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*The products advertised are only available to clients under Primus Markets and Primus Africa(FSPNo.46675).
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Earnings Reports This Week
Earnings report season is in full swing and here are some of this week’s main trading opportunities at your fingertips. ✋
Johnson & Johnson (.JNJ.N)
Day: Tuesday, April 20th
Time: 11:40 am GMT
Note: Despite some recent mishaps, J&J’s vaccine rollout was successful during Q1 2021. Earnings per share (EPS) is expected to be $2.31.
NASDAQ
Day: Wednesday, April 21st
Time: 12:00 pm GMT
Note: NASDAQ is at an all-time high. Its revenues for 2020 grew by 15% compared to 2019 and signs point to more to come, making this a prime opportunity to trade this index.
Schlumberger (.SLB.N)
Day: Friday, April 23rd
Time: 11:50 am GMT
Note: Despite oil consolidating at around $60 per barrel, a reopening of the EU and impetus from both China and the US in terms of their infrastructure goals should push the price of oil upwards. Higher oil prices can only be good for an oil and gas services provider like Schlumberger.
Add these releases to your personal calendar and prepare your trades!
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