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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Look ahead: Amazon; McDonald’s; HSBC; Coca-Cola; Japan industrial output

The earnings deluge kicks off with Amazon, McDonald’s, and Coca-Cola reporting in the United States. From Germany, it’ll be the likes of Volkswagen, Mercedes Benz, Deutsche Lufthansa, and Adidas handing in their report cards.

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Industrial production and retail sales from Japan will be interesting after the Japanese yen fell to 34-year lows of 160 per dollar.

(AI Video Summary)

Australian and Japanese economic data

Angeline Ong previews key financial highlights for Tuesday, 30th April, noting significant events across global markets. Australia is set to release March retail sales, expected at a 0.7% increase. Japan, suffering from a weak yen at 34-year lows, anticipates industrial production, retail sales, and unemployment data amidst intervention speculations.

Varied earnings reports incoming

Upcoming are also US manufacturing numbers, China’s PMI figures amid property market concerns, eurozone GDP growth rates, and a series of earnings reports from major companies like HSBC, Glencore, Mercedes-Benz, Deutsche Lufthansa, Volkswagen, Adidas, Coca-Cola, Amazon, McDonald’s, and PayPal. McDonald’s revenue increase reflects its menu health adjustments. These insights cater to investors tracking global economic indicators, currency fluctuations, and corporate performance.

This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

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