📊 Oracle earnings report (Monday)
Oracle Corp moved its earnings report from last week to today. This year, ORCL.N is up 39% to around $90 per share. Wall Street is expecting Oracle to report EPS of 97 cents and revenue of $9.77 billion for Q2. Look out for volatility if the targets are not met or significantly exceeded.
📊 FuelCell earnings report (Monday)
It's a company that designs, manufactures, and operates fuel cell power plants that work on natural gas or biogas. FCEL.OQ is down by 77% from its peak in February (around $27) to roughly $6 now. Better than expected earnings reports might boost the price back up a bit higher.
🇺🇸 U.S. inflation rate report (Tuesday)
The inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes volatile food and fuel costs. Sudden inflation level changes may have an impact on the nation's main currency, so look out for EUR/USD, GBP/USD, and other major pairs with the Dollar.
🇨🇦 Canada inflation rate report (Wednesday)
In Canada's case, look out for CAD/USD.
🇬🇧 The UK inflation rate report (Wednesday)
📊 JinkoSolar earnings report (Wednesday)
JinkoSolar is currently the world's largest solar panel manufacturer. JKS.N has experienced significant volatility during the last 12 months, jumping from $20 per share to $70 per share, then down to $30 per share, and now at around $47 per share. As the summer is behind us, JinkoSolar's earnings could be on the positive side, but let's wait for the report to come out.
📊 Inditex earnings report (Wednesday)
Inditex is a Spanish multinational clothing company and the biggest fast fashion group in the world that operates over 7,200 stores in 93 markets worldwide. ITX.MC has gradually improved over the last 12 months, from around $25 per share to around $29 per share, so a significant price swing is not expected.
🇯🇵 Japan's balance of trade report (Thursday)
Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period. Better than expected results may strengthen the national currency against other major currencies, and vice versa. Watch out for the Japanese Yen's performance - USD/JPY, EUR/JPY, and GBP/JPY.
Stay up-to-date all the time
Copyright © 2021 – All rights reserved.
NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Exchange | WKN: A161NR | ISIN: DE000A161NR7.
The website is owned by The NAGA Group AG and operated by NAGA Global LLC which is incorporated under the laws of St. Vincent and the Grenadines as an Limited Liability Company (1189 LLC 2021) and is an operating subsidiary within The NAGA Group.
NAGA trademark is operated by NAGA Group subsidiaries, including:
Trade Responsibly: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing you money. Past performance of a NAGA community member is not a reliable indicator of his future performance. Content on NAGA's social trading platform is generated by the members of its community and does not contain advice or recommendations by or on behalf of NAGA.
Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.
Restricted regions: NAGA Global Limited does not provide services for the residents of certain countries, such as the United States of America, Canada, Vietnam, Israel and the Islamic Republic of Iran.