The Morning Shot

Friday, 28th April 2017 08:25 - by Morning Shot

So Far This Morning...The 3 Major US index's closed higher, but Asia failed to follow suit with only the ASX positive.

EUR is weak this morning so far after traders remain to be uninspired by yesterdays ECB meeting and rates decision. AUD is on the front foot this morning after gains in Iron ore.

In commodities markets WTI is trading higher but is still under the pivotal 50.00 handle. Zinc and and Nickel are trading well up an ave. of 0.95%. SHFE Rebar & DCE Iron Ore up more than 3%. Gold is lightly up holding on to the support of 1263.

Morning Stories
Barclays report Pretax profit £1.68bln vs. Expected £1.46bln, Net profit £1.21bln beating previous of £545M. RBS have also reported this morning Q1 net profit £259M vs. Exptected £50M, Revenue rose by £15M and Adj. op profit rose 30%. Here are some levels for Barclays http://www.lse.co.uk/blogs/expert/rajan-dhall-blog/fhpxct/

UBS Q1 Net CHF1.27B vs Expected CHF953M, Adj Pretax profit CHF1.93B vs Previous CHF1.37B y/y, Adj Op Rev CHF7.53B vs Previous CHF7.06B y/y.

Tech Sector may be on a high today after yesterdays positive US earnings.

Old Mutual report highest ever inflows into their wealth business.

Tlou is pleased to provide its ops report in respect to its Lesedi Project in Botswana for the quarter ended 31 March 2017, Tlou achieved a significant increase in Gas Reserves.

Nationwide HPI m/m (Apr)-0.4% vs. expected -0.3% is not good news for housing names.

To Look Out For Today
Its a big day for data with UK, US and Canadian GDP, EU CPI and the Russian rate decision.