Market roundup - Corporate earnings to take center stage – Tip TV
The key message that comes through from the opening segment of today’s London open show is that equity markets are likely to be guided by the dawn of Q3 corporate earnings in US and UK.
“Bar of expectations is again set fairly low”, says Richard Hunter, Head of Research at Wilson King Investment. He is joined by Tip TV’s Zak Mir and Nick Batsford. The panel also sheds light on Brexit, Oanda Sentiment char.
While discussing technical charts, Mir says the bears have gained an upper hand on the S&P 500 daily chart, given the rising trend line has been breached…however, the index may fing takers around 2100 levels.