Equity Handover Twelfth April

Blue avatar for FOREX.com guest contributors
By :  ,  Financial Analyst

Equity Handover 12th April 2019


  • Stock buyers are finding sufficient reasons to return, having struggled earlier in the session
  • China’s rebounding exports bolstered hopes that a slowdown there has bottomed, despite another import slide
  • Surprising euro flows in the Asian session also gave a fillip to risk appetite as the yen tumbled
  • The move was reportedly linked to financing a large European loan book acquisition by Japan’s MUFG
  • Uber’s IPO filing the night before and oil giant Chevron saying it will buy rival Anadarko for $33bn helps maintain investor confidence too
  • JPMorgan earnings are the icing on the cake, with a better-than-forecast net interest income rise offsetting another trading slump. Wells Fargo also reported a firm-looking set of Q1 earnings
  • Wall Street futures have shaken off early-morning weakness to trade 0.4%-0.6% higher

Upcoming corporate highlights

Economic highlights




Open an account today

Experience award-winning platforms with fast and secure execution.

Web Trader platform

Our sophisticated web-based platform is packed with features.
Economic Calendar