📌 News .... and a summary of its impact on the markets 🤍
🏦 Citigroup and Goldman Sachs report revenues above expectations in the third quarter of this year
📈 Citigroup posts earnings of $2.85 per share, versus an estimated $2.66 for the third quarter. It also reports revenue of $23.85 billion, compared with the $23.72 billion estimate, according to LSEG data
💰 Goldman Sachs also reports earnings per share of $17.01 (which may not be directly comparable with the estimate of $13.02 per share), while revenue reaches $18.68 billion, compared with the expected $16.71 billion
✨️ The takeaway for traders
🏦 Bank stocks
📍Impact: Positive
📈 Dow Jones
📍Impact: Potential support
📊 S&P 500
📍Impact: Limited positive or mixed
💵 Dollar
📍Impact: Indirect
🥇 Gold $XAUT
📍Impact: Depends on yields and the dollar
Bitcoin $BTC
📍Impact: Depends on risk appetite and liquidity
#BTC $XAU #USDT
🏦 Citigroup and Goldman Sachs report revenues above expectations in the third quarter of this year
📈 Citigroup posts earnings of $2.85 per share, versus an estimated $2.66 for the third quarter. It also reports revenue of $23.85 billion, compared with the $23.72 billion estimate, according to LSEG data
💰 Goldman Sachs also reports earnings per share of $17.01 (which may not be directly comparable with the estimate of $13.02 per share), while revenue reaches $18.68 billion, compared with the expected $16.71 billion
✨️ The takeaway for traders
🏦 Bank stocks
📍Impact: Positive
📈 Dow Jones
📍Impact: Potential support
📊 S&P 500
📍Impact: Limited positive or mixed
💵 Dollar
📍Impact: Indirect
🥇 Gold $XAUT
📍Impact: Depends on yields and the dollar
Bitcoin $BTC
📍Impact: Depends on risk appetite and liquidity
#BTC $XAU #USDT