Daily Update 05/09/2019

Daily Update 05/09/2019

is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Futures point to further gains when markets open today, after China’s Ministry of Commerce said that American and Chinese representatives spoke overnight and agreed to meet next month to discuss a possible trade deal. Yesterday, Wall Street closed higher, after Hong Kong Chief Executive Carrie Lam agreed to a key demand made by protesters, easing some of the tension felt in global markets. The DJ30 closed more than 0.9% higher, while the SPX500 and NSDQ100 each closed more than 1% higher. Several stocks hit fresh all-time highs, including Roku, Coca-Cola, Wal-Mart, Comcast and Procter & Gamble.

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Earnings season coming to an end: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.

* Cryptoassets are a highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.

* Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.

* The information above is not investment advice.

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