Meta, Microsoft shine through trade fog

Show notes

Market sentiment has improved following a deluge of data and earnings announcements on both sides of the Atlantic. In Europe, strong growth numbers were spoiled by stronger-than-expected inflation update, while in the US, terrible GDP figures were countered by a softer-than-expected PCE read.
In Japan, the Nikkei rose despite the Bank of Japan’s (BoJ) downside revision for growth and worries about inflation, and the futures hint at a positive session as both Meta and Microsoft jumped after announcing their quarterly results.
All eyes are on Apple and Amazon today, after the bell.
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