Earnings Season to Guide Markets | BDSwiss Market Moves on MT4

-Nvidia Results The big technology company is due to report earnings today. The options market might give a preview of expectations as the market is anticipating a volatility of more than 10%. The price of Nvidia has seen substantial gains in recent months and only this week faces some profit taking as the price has broken below the USD 700 level again. According to the pricing in the options markets, the capitalisation could deviate in volume of USD 180 billion on Thursday after the news event takes place. -HSBC Earnings Profits of the banking giant have been reported 80% below the previous quarter. Since the bank owns shares also in a Chinese bank the profit had come down due to further losses. Also, the retail business in France had weakened causing the turndown of USD 1 billion compared to reported figures of more than USD 5 billion the year prior. Despite the share prices being positive the company announced the buyback of shares in volume of USD 2 billion. -Market Talk The US- Dollar remains weak causing currencies like the EUR, GBP and in particular AUD to run higher. Gold and Silver remain strong and could break to higher levels. The open order in Silver might get triggered soon, should the weakness in the Dollar remain stable. Oil is currently correcting slightly, which might be the reason why the EURCAD currency pair is not heading down. The Loonie typically weakens when oil prices are heading down. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.