AMD’s share price has surged close to 9.5% over the past week. Can its upcoming Q3 results lead to a new record high for its share price?
FTSE 100 PRICE, NEWS AND ANALYSIS:
The FTSE 100 index of leading London-listed stocks is in a good position to climb further, helped by Wall Street strength, risk-on sentiment in the markets, earnings optimism and news of an unexpected drop in UK inflation.
Those factors should outweigh continuing market expectations of an imminent tightening of UK monetary policy and bad Covid-19 data.
Japanese Yen Jitters as US Treasury Yields Move Higher Amid Commodity Woes. More Yen Weakness Ahead?JAPANESE YEN, US DOLLAR, USD/JPY, COAL, CHINA, ENERGY - TALKING POINTS:
The Japanese Yen continued lower with little resistance for now.
China continues to address energy shortages, like everyone else.
Higher yields and energy are Yen negative. Will USD/JPY break up?