What is it? Governor Stevens is due to speak at the Australian Financial Review Banking & Wealth Summit, in Sydney.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? April 27th at 6:40pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the AUD to rise.

 

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 

1. Stock market movers -- Amazon, Google, Microsoft, Juniper Networks, Apple

Investors are cheering after a handful of tech heavyweights reported earnings Thursday evening.

Amazon (AMZN, Tech30) stock is surging -- up about 7% premarket -- after the company reported a big jump in quarterly sales. Despite the higher revenue, the online retail giant ultimately lost money over the first three months of the year.

Shares in Microsoft (MSFT, Tech30) are up about 3% premarket after the company released earnings that beat Wall Street's expectations.

Google (GOOGL, Tech30) shares are rising in extending trading, despite falling short of analysts' expectations.

And Juniper Networks (JNPR) shares are jumping -- up nearly 7% -- after the firm's latest earnings surpassed market expectations.

Meanwhile, it's worth watching trading in Apple (AAPL, Tech30) Friday. The company is beginning to deliver its new Apple Watches today. Some customers are going to have to wait longer for their watches.

 

2. Earnings keep rolling in

American Airlines (AAL), Xerox (XRX) and Steve Madden (SHOO) are reporting ahead of the open.

Regardless of whether the results meet, beat or miss expectations, trading volume is sure to be higher-than-normal for these companies.

 

3. International market overview

European markets are all posting solid gains in early trading. Asian markets ended the day with mixed results.

 

4. Thursday market recap

Thursday was a relatively quiet day.

The Dow Jones industrial average gained 20 points, the S&P 500 rose 0.2% and the Nasdaq closed with a 0.4% gain.

 

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During the early trading session, Asian stocks rallied as expectations over positive earnings reports attracted foreign investors. Profits in financials, automakers and other large cap shares pushed up the share average of a number of Indexes. Furthermore, Japan’s Trade Balance showed a surplus of 229B, significantly higher than the expected figure of 50B and the highest increase in over two years. The Nikkei share average was up 1.13%, closing at 20,133, a new 15 year high. Following the release of Australian data, the AUD rallied against the Dollar.

During the European session, the British pound rallied against the Dollar following the BoE vote hike and the BoE Meeting Minutes. Bank of England officials voted to keep the interest the same with a 0-0-9 majority. Furthermore, board members stated at the Meeting minutes that the Central Bank is working on reaching the 2% inflation target, but admitted in order to do so, and increase in wages and prices would be required.

The price of U.S. Oil dropped yesterday following a halt in airstrikes from Saudi Arabia in Yemen. Tensions in the Middles East eased after the month long military operation against Houthi rebels. The commodity is currently trading below $56/barrell. The U.S. is to release the weekly Crude Oil Inventories later today, a rise in Oil stored by firms could lower the price further.

Currency traders are currently awaiting important economic reports from the U.S. and China including the U.S. Existing Home Sales, Crude Oil Inventories and the Chinese HSBC Manufacturing PMI. Better than expected data, could have a positive effect on that particular currency for the short term.

 

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 

1. Earnings explosion

Earnings season is in full swing and many big-name companies are reporting results.

Boeing (BA), Coca-Cola (CCE), and McDonald's (MCD) are reporting ahead of the open.

Facebook (FB, Tech30), eBay (EBAY, Tech30), and AT&T (T, Tech30) will release their quarterly results after the close.

 

2. Stock market movers -- Chipotle, Tesco, Rolls-Royce

Shares in Chipotle (CMG) fell by about 6% in extended trading after the company's earnings missed Wall Street expectations.

Shares in Tesco (TSCDY) were edging up by about 2% in London after the U.K. grocery chain reported a record-setting annual loss of £6.4 billion ($9.6 billion). The company has been struggling for a long time, but investors are betting that management can turn things around.

Rolls-Royce Holdings (RYCEY) shares are rising by 3% in London after the engineering group said it was bringing in a new CEO, Warren East, who previously headed up ARM Holdings (ARMH, Tech30).

 

3. Stock market overview

U.S. stock futures suffered an early fall after France said it had foiled a new terrorist plot to attack "one or two churches."

"The sell-off took place on the back of the terrorist news ... and this caused a little bit of panic in the market," explained Naeem Aslam, chief market analyst at AvaTrade.

European markets are also dipping into the red in early trading. Asian markets ended with mixed results.

In Japan, the Nikkei closed above the 20,000 level for the first time in 15 years. The index has surged by just over 15% since the start of the year.

 

4. Economics

Existing home sales numbers from March will come out at 10 a.m. ET.

Then at 10:30, data on U.S. crude oil inventories will be released.

Crude futures are declining in advance of the report, down by over 1% to trade around $56 per barrel.

 

Ask us about our FREE financial advice program: 

 

Other top stories:

6 Top Reasons Traders Fail - Why You Need Signals

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How I Made Over $30,000 a Year by Investing in Binary Options

 

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