Home About the company Daily reviews 27.10. Fresh trading analysis during the crisis: markets are mixed, earnings in focus

27.10. Fresh trading analysis during the crisis: markets are mixed, earnings in focus

27.10.2020

Market Review

Tuesday, October 27th, today’s news—HSBC, Europe's largest bank by assets, reported a better-than-expected profit of $3.07 billion, shares jumped 5%. Dow fell 700 points during yesterday's sell-off, but the markets are bouncing back, Asia-Pacific markets are mixed, European shares slip, oil is up, but the overall outlook is negative. The price of Brent oil is $41.07, WTI—$38.83, EUR/USD is at 1.1808, GBP/USD—1.3018, gold is $1,901.35 per ounce.

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