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Stock impact report

Premarket: European stocks rise, U.S. dollar climbs as Fed rate path pondered [Globe and Mail, The (Toronto, Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
The yen fell even with the threat of currency intervention from Japanese authorities to support it. Oil prices wallowed near two-month lows. Europe's continent-wide Stoxx 600 index rose 0.32 per cent, supported by upbeat earnings reports, after rising 1.1 per cent the previous day. In early trading, Germany's DAX climbed 0.48 per cent, Britain's FTSE 100 rose 0.42 per cent and France's CAC 40 advanced 0.87 per cent. Global stocks fell sharply in April as strong U.S. economic data caused investors to rein in their bets on rate cuts from the Fed and, by extension, other major central banks this year. But they have rallied again in May, partly encouraged by Friday's non-farm payrolls jobs report, which showed a cooling in the hot U.S. labour market. Minneapolis Fed President Neel Kashkari suggested the U.S. central bank may still need to forgo interest rate cuts this year due to stubborn inflation. “The market is trying to suss out whether data, particularly out of the U.S., i Show less Read more
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