Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations

12:30

Trading in Europe is stable with fluctuations of 0.1%-0.2% in the main exchanges. On Wall Street, there is a slight decrease in contracts on the Dow Jones, while contracts on the Nasdaq rise by 0.3%.

company Airbnb Falling 6% in early trading after the reports. The company surpassed profit and revenue forecasts for the quarter ($1.79 profit, 35 cents above expectations, on revenue of $2.88 billion), but published a disappointing forecast for the fourth quarter and said that “customers are looking for cheaper places to live”. The company expects revenues in the range of 1.8-1.88 billion dollars, compared to the analysts’ forecast for revenues of 1.85 billion dollars.

The chip giant AMD In contrast, it jumps by 4.4% in early trading, although it also missed the forecasts in both the profit line and the revenue line, despite the profit warning it recently published. The profit amounted to $0.67 per share (one cent less than expected) on revenues of $5.6 billion (the expectation was $5.62 billion). In the fourth quarter, the company estimates revenues in the range of 5.2-5.8 billion dollars, with the consensus forecast being 5.85 billion dollars.

11:30

The Danish shipping giant masher , the second largest shipping company in the world, reported revenues of 22.77 billion euros (above the expected 21.9 billion euros) and also surpassed forecasts in the EBITDA line (earnings before interest, tax, depreciation and amortization) which amounted to 10.9 billion dollars, when consensus Analysts expected $9.8 billion. This is an increase of about 60% compared to the corresponding period.

10:10

The trading day in European stock markets opened with a positive trend. In Frankfurt, the DAX advanced 0.2%, in London the FTSE 100 added 0.1%, and in Paris the CAC 40 rose 0.5%. The pan-European STOXX 600 index strengthens 0.4% led by the banking sector which rises 0.9%.

In Asia, the Hang Seng index closed with a 2.4% increase led by the Chinese real estate giants.

09:40

Tokyo’s Nikkei closed flat. Tokyo Electric Company fell 5.2% in the index’s highest turnover, but sharp gains by Panasonic, Mitsubishi Motors and Sony bolstered the index.

In Shanghai, trading closed up 1.1%, and in Shenzhen the index climbed 1.3%. In Hong Kong, an increase of 1.9% is recorded in the Hang Seng index, with particularly sharp increases in the real estate shares of Country Garden and Longford, as well as in the share of CSPC Pharma, which jumps by 13.8%.

On Wall Street, the increases in trading on the contracts were reduced to 0.1%-0.2%.

07:50

The main stock indices in Asia are trading in a positive trend. The Nikkei index in Tokyo registers a slight decrease, but in Hong Kong the Hang Seng index jumps by 2.5%, and gains are also recorded in Shenzhen, Sydney and Seoul.

The gains in Hong Kong are led by the real estate shares Country Garden and Longfur Properties, which usually stand out at the bottom of the index with sharp declines in very high turnovers. In Tokyo, Panasonic jumps by 9%, and Mitsubishi Motors jumps by 3%.

On Wall Street, futures are up slightly following last night’s red lock. The Nasdaq fell by about 0.9%, the Dow Jones shed 0.2%, and the S&P 500 retreated by 0.4%. We will remind you that trading will take place between 3:30 p.m. and 10:00 p.m. Israel time, since the US is moving to winter time Only next week.

Tonight at 20:00 Israel time, the Open Market Committee of the Federal Reserve in the USA will publish its interest rate decision after a two-day meeting. According to market forecasts, the interest rate will rise for the fourth time in a row at a rate of 0.75%, and in total this will be a sixth increase Since then, the Fed began to fight inflation in March. Meanwhile, US government bond yields are falling slightly this morning. The ten-year bond yield retreated to 4.02%, and the two-year bond yield weakened to 4.51%.

Stickspay The Israeli one stood out last night with a drop of about 30% in trading and with a crash of 63% in late trading. Also the Israeli cyber security company and Ronis Plunged 30% after missing forecasts. The company reported revenues of $123.3 million (below expectations of $125 million). The adjusted profit (Non-GAAP) was 5 cents per share. In addition, the company lowered the revenue forecast for the fourth quarter to a range of 139-142 million dollars, an increase of 10-12% compared to last year but below market estimates (154.6 million dollars).

In the background, the American reporting season continues. Today, among other things, reports from Qualcomm and Robin Hood (as well as the Israeli Audiocodes) are expected to be published; And tomorrow Royal Caribbean, Moderna, PayPal and Coinbase will publish (and Teva, Ormat, Nova, Cyberark and Sapiens among the Israelis).

In the commodity market, crude oil contracts are up more than 1%. American oil is trading around $89.6 per barrel, and Brent oil contracts are trading around $95.7 per barrel. Gold rose slightly to $1,651 per ounce.

There is stability in the crypto market. Bitcoin is at the level of 20.5 thousand dollars, and Ethereum is around 1,585 dollars.