Discover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant’s strategy as it navigates challenges in China.
Risk markets are mildly positive ahead of the latest US Jobs Report (NFPs) after the 2nd largest company in the world, Apple, announced a record-breaking USD110 billion buyback program.
Fed Chair Jerome Powell gave financial markets a slight dovish nudge last night, seemingly ruling out any US interest rate hikes. Yesterday’s weak JOLTs data put the spotlight on Friday’s NFP report.
Sentiment has seen a slight improvement to start the week helping risk assets rise. Safe havens on the other hand are experiencing a pullback. Given the risks ahead will the moves prove sustainable?