A Trader’s Weekly Playbook: Mega Cap Earnings, Central Banks and Australian CPI
With Trump pulling JD Vance and his negotiating team from attending diplomatic talks in Pakistan, we initially saw buying in crude and the USD, with mild headwinds to equities. Headlines have since emerged, via Axios, that Iran has offered the US a new proposal to reopen the Strait of Hormuz. This has brought in crude sellers and provided tailwinds to risk assets. This is one to watch closely to see if it has legs. While geopolitical headlines will continue to influence broader macro markets, the scheduled event risk for traders this week is significant. It is hard to look past the deluge of mega cap tech earnings ...
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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