› MARKET REVIEW, APR 16 – APR 20, 2018

MARKET REVIEW, APR 16 – APR 20, 2018

Netflix

Netflix is a company that began to work as a DVD rental company delivering materials by mail in 1997, and today it is a global Internet entertainment service with more than 110 million users in 190 countries. It encompassess more than 140 million hours of telecasts and films, including original series, documentary and feature films.

Netflix had started broadcasting since 2007 in the USA, at the international level - since 2010. The first original series debuted in 2013, and it became the global company in 2016, almost 20 years after the launch of Netflix.

Over the next decades, Internet entertainment can completely replace TV, the company does everything possible to maintain leadership in this industry, offering the widest range of entertainment and impressions.

The last year was one of the most successful in the history of the company. Due to large investments in the expansion of the audience in 2016, the fruits of this work have pleased not only investors but also the users as well. Their service is adaptive to the interests of each unique user.

This year the company plans to spend $ 8 billion on content development, namely about 700 original series and films. Also, $ 2 billion will be spent on marketing, which is 50% more than last year.

Netflix began to show steady growth from the beginning of last year, exceeding revenue forecasts from the end of 2016. Also it is worth to note the growth of dividend payments to investors, which obviously pleases the investor himself.
Preliminary, we can expect the continuation of a positive trend in the company's revenues, so Netflix will not only update a maximum of 333.65, but will continue the general bullish trend.

MARKET REVIEW, APR 16 – APR 20, 2018



EUR/USD

Last week ended with consolidation within the limits of 1,234-1,232. The price has not been able to determine the direction; geopolitical moods and dubious data of macrostatistics do not allow the USD to strengthen, the same can be said about the Euro.

The week is preparing a lot of volatile news and literally marathon performances by FRS members throughout the business week. On Monday, the US will start the retail sales index for March, there will be also the NY Empire State manufacturing activity index for April, the retail sales volume for March, and the inventory volume for February. Also today the most volatile will be the speech of the head of the Federal Reserve Bank of Atlanta - Rafael Bostic.

On Tuesday, we will find out the inflation indicators in Italy, the economic sentiment of ZEW and the index of the current economic conditions of ZEW in Germany and the EU as a whole for April. The USA will also publish the number of building permits issued in March and the volume of construction of new homes for March. The volume of industrial production for March will be published as well. Then there will be the marathon of the FRS’s speeches: the head of the Federal Reserve Bank of San Francisco, John Williams, Federal Reserve Chairman for Supervision Randal Quarles, and the head of the Federal Reserve Bank of Chicago, Charles Chalas Evans will have a speech.

On Wednesday, attention will be paid to inflation in the euro area and the meeting of the Eurogroup. It is also a very important day for the ECB, which will show the rights of Mario Draghi with his optimistic forecast. The United States will publish a "beige book" of the FRS, the head of the Federal Reserve Bank of New York, William Dudley and Randal Quarles of the FRS will address. We also will find out the weekly changes in crude oil reserves in the United States.

Thursday will be pleased with the meeting of EU finance ministers, where they promulgate further plans based on inflation data. The Philadelphia FRS will publish an index of manufacturing activity and an employment index for April.

On Friday there will be a meeting of finance ministers; and the Central Bank of the G-20 (G-20) in Washington will take place as well. The head of the Federal Reserve Bank of Chicago Charles Evans will discuss monetary policy at a conference in Chicago. The speech of member of the FRS John Williams will finish the trading week. Traditionally in the evening Baker Hughes unveils a change in the number of drilling rigs in the States.

MARKET REVIEW, APR 16 – APR 20, 2018



USD/CAD

The Canadian USD also deserves attention this week. The volume of foreign investment in Canadian securities in February and sales in the manufacturing sector in February could help the Canadian dollar to strengthen on Tuesday. But the most volatile will be Wednesday - the publication of the Bank of Canada's monetary policy report, which will be accompanied by a statement of the Bank of Canada, during which we will find out the decision on the interest rate (which in turn should remain unchanged). On Thursday, Canada announces its NFP (a change in the number of non-agricultural workers from ADP). And on Friday inflation for March (month / month and year / year), retail sales index (which directly affects GDP) and volumes of them will become known. The reporting is described in detail in the EUR / USD pair.

It is a powerful week for the Canadian dollar, the opportunities to continue strengthening are more than enough!

MARKET REVIEW, APR 16 – APR 20, 2018


IBM

In the coming week, news, events and reports that traders often use to analyze the market and trade fall into the background, because
the period of quarterly reports of the world's giants has come.

It is difficult to overestimate the influence and interest that these companies represent in the modern world - it is very difficult. They develop very quickly, with each passing year making giant leaps forward.

And this factor, of course, affects the profits of these companies.
International Business Machines Corp. (NYSE: IBM) for the first quarter of 2018 is expected on Tuesday. The new Chinese tariffs may affect the company's profit and further development potential, but experts expect that the profit in this quarter will be higher than all forecasts and they predict an increase in the share price to 170.00.

MARKET REVIEW, APR 16 – APR 20, 2018


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