Laura Bessarati
๐ค SpeakerAppearances Over Time
Podcast Appearances
Plenty of time for
Things to change between now and then.
We do get more company earnings out of the United States tonight, not the big names like we have been seeing.
Of course, we had four of the magnificent seven out with earnings results.
I will quickly touch on Apple's results because their shares are up 2% in after hours trade.
And that was after providing a strong forecast for the quarter ahead.
It also topped earnings and revenue estimates, helped by strong demand for its iPhones and also Mac computers.
So that's the last of the Magnificent Seven to post earnings results until NVIDIA.
So they'll be the last one out.
They'll be out on May the 20th.
They always report later than all of the other companies.
But back to tonight, we have a
Colgate, Moderna and also Estee Lauder.
Then quickly looking to next week, of course, the big one is going to be the RBA interest rate decision.
Tuesday, 2.30pm, there's a 76% chance that they will hike rates for the third meeting in a row.
and that would take the cash rate to 4.35% to its highest level since December 2024.
So that's the big one that markets are going to be watching for.
Of course, the press conference with Michelle Bullock an hour after that decision is handed down, so 3.30pm Sydney time.
We also get more bank results over the course of next week, including NAB on Monday, Westpac on Tuesday.
We have Bank of Queensland trading ex-dividend on Monday, NAB ex-div on Thursday, and Westpac