Netflix mixed earnings 🎬 UK & EZ inflation 📊 Tesla reports 🚗

FlowBank's hand-curated fresh financial news [header_noDither] 19.04.2023 Good morning FlowBankers! Here's the latest market news, hand-curated by our research team. The Big Story [netflix] Netflix posted EPS of $2.88 on $8.162 billion in revenue, roughly in line with forecasts. However, the streaming giant added just 1.75 million new customers, fewer than the 2.06 million expected, and offered a lower-than-expected Q2 forecast as it delayed its password-sharing crackdown. The share price initially dropped 11% in out-of-hours trading but recovered and trades flat. [Start Trading](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGv_2-MK5V1-WJV7CgCV9N82LNYt23m4yW42GL1W2Lc2QcW3Hwvf55dC7fVW5sQqFF21p5PYN4Gk6JjhJGkMW9b4Tsd7p62QzW7NZqY66wYZh1W4lj4L_4-PKFyVy8Ncw6l0f4jW4T_QQV2lLZ9dVlgkzG1SKy8fV_ytHb4SsMyFMWFQGS6N_0hVzy-Mp90sZ-0W93GMr98KPTTlW4LplpQ1svQ1sW6dC2bY75Nqt-W7-Bt7l2P921RW9dKKp53lYj_8W5KgK794MhlHS37pf1) Trader's Corner In focus • EUR/GBP is treading water ahead of UK inflation data which is expected to fall out of double digits to a still elevated 9.8%YoY. EZ final CPI is also due. • WTI oil slips towards $80 per barrel as worries over more interest rate hikes from the Fed overshadow falling US inventories and strong Chinese data. Economic data • UK & EZ CPI • CAD. PPI • EIA crude oil inventories Earnings • Tesla, Alcoa, IBM • Heineken, Morgan Stanley • Rio Tinto, Antofagasta [Start Trading](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGv_2-MK5V1-WJV7Cg-V2W8QwbP04kt1xyW5Cp52Q5JqH9FW10K0Wz77nZLrW4bkzgx4960ZhW4BjxY490bcNbW1cZjMt7f3_J3W32D53g7G8wx_W9klrJ75TQ9kgW6flBh348vQQKV3hz4R1FvC5MW5Th_Nb25ZmpjW3j5c3m8g0t7hW5K1yJQ41NJcnW66Rh5q2WC4PDW1pgfZd3SwwqPW2P8XJ246JXXwW4GdGrs1b_KrzW2fCt5_3gd_HrW5TDjWP7vzPwqW2gcK4T21Mmt73n5y1) Market Recap European stocks closed higher, with the DAX outperforming despite German ZEW economic sentiment unexpectedly falling in April. The FTSE also closed higher, boosted by miners following China’s better-than-expected GDP data. US stocks closed flat as investors digested a mixed bag of earnings, with BofA beatings forecasts and Goldman Sachs missing revenue expectations. Fed speakers fueled bets of another rate hike in May. Today European and US futures point to a mixed start with investors looking ahead to UK & EZ inflation data as well as earnings from Tesla and Morgan Stanley. More Fed speakers are due to speak as the bond market sees rates peaking soon. Chart Of the Day 2023 is so far the 5th best return of 'buy the dip' in the S&P 500 since 1950. Full year gains are incredibly strong in the other 4 instances. History will unlikely repeat but it's still good to know for perspective. Ps. Buy the dip is usually referred to investors buying market pullbacks, usually intraday or within few days. S&P 500: 17% in 1983, 30% in 2013, 29% in 2019, 16% in 2022. Average = 23%. Win Rate: 100%. [2023 buy the what](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGvJ2-MJQV1-WJV7CgQk7W6ZXyp63P2Vy9VDb1tg1D0zRlW4FFpVK8pZ4npW3XcRWn4nvRj4W2t7Q7B5-9hwvW1Z2FgT1NzflZW4bV5_M2KbSD6W1fd87934xsh8W4vPXLh55HlcvW6hMYL22SFBTYW7NXKr4771BlsW76j73-6tWWVWW5Bk48p7DDNqhW7J52zh1QqwmLW4PzHGJ9cBKB0W3g9TtT59-MK1W960Lw_3ZB5_cW3vMKQW5thTXL37Jh1) [LINKEDIN](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGvJ2-MJQV1-WJV7CgLTxW4FzQ078NdNSYW3fQXCG91tgJTW2tH7hf4QmhWvN6zGFvFSBk1BW8rRXw-1_s5YtW52C1Ch5V1ZmwN8x_VWNKCwvtW7Ds4PX1rfbRlW1CNNQk2hZFvtW2jfDV78yFfQPW2kGGyP7qjC-FW6Pd60s2zL6s7N6rlR5rkvQWJW1nZx9K6ZRlB7W5vyCxP8ddk1CW6jCqf96P1cDdN1wFKggTnQLKW2Bbxcq2V0Q2p3hv91)Highlights Oil: 'Stuck' in a Trading Range. Here are the Catalysts 🎢 Supply is restricted in the medium term given OPEC+ vowed to cut production. And global demand is not coming off track. This would likely require to see a sustained downward path in economic growth. Click [here](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGvJ2-MJQV1-WJV7CgSXWW8lj-4v1lBCKjW9g38hs4GBJq5W8mCBhN8XBMHSN6m7ZKMZ67zrW21RW9n4KZFKCVbdkhC8pvk9sW2TG85b6DS3JXW85R-LP2ymGKNW1HFsSr9dL4_LW803JDS5MH2NYW6zLg1l8KDdp8W1zT88S7tNjkNW2mCt5782zGSwW9jdJyZ68fqw5W9k71j62vtLKjW8N1FWG9lvnqgW6Zplg_7NT-lHW3rXwlN2KtLhg353d1)to read more. [wti RANGE-1](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGvJ2-MJQV1-WJV7CgL9KW7vkSDN5qbsjPW5zWZ-68ZdwH4N998ZGlcDK8FW5RP_Mf7sMdhzN14Xl042QYH_W7z8RJ67ybhkYW1TtgH96bnzMXW5GJWD17_WRHlW8rrXRC8XZ1lsW8FQGPv3NR9qtW420gbp71g0vsW5RCvbP8rZWgbW1g-Zrs3h_dMFW7X2xH07f7LcjW6w35p_8n3GXtW20zP5d76rjXtN2nmhL-4vdVyW74_8_b7QklrH35Z61) [LinkedIn](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGvJ2-MJQV1-WJV7CgTY5W8KnyWw8zMHs6W8Y-W7V83pBZMV_zcr57jynvpN3sgrQvYNPZMW2xknV654dsSbVNsS5b2c1BQSW1k57Y41g358-W9jCdN-5mc8phW6QFGPf23nxWbW5_L9mH7-FDW2W992hCs8-2NNZW47C79B6bWL8sW96cPLd5VzrWzVpGPLm3cM8x3W5-WNgM6LrjvhW4gfVGl5c_qdRW4vDLQJ1XfWnlN93XXD4tQvY33c8N1) poll: How do you feel ahead of US bank earnings? 🏦 [Vote here, we would love to know your views 💡](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGwh2-MKpV1-WJV7CgRl7W4YQ89w4HMrMSV__kZZ5X8TQyN4bZ-DpJvL5CW2YKQtw3Ms1QsW2DX44J7scVj5VpN9--3l_6YbW4DF_cZ43nqmSVSzvgc8-_Xt_N3B49LtKNw7SW6qFGSG4xQHS4W4D097C2lQmktW6z67lg5zVL8ZW35HhlV7BCBYVW5Ct3Xw791GL2W5xSnvf61KsNZN5gwCqblnQP0W33Gfy93dbg6dW412hlV9jwwS9W85JmjM5BXvn4W2cSj4x6cFb_nW1RXhzn7J0wZcMNQZkqY9ftH37ww1) Poll of last week ([here](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGwh2-MKpV1-WJV7CgRnJW2WFHpg244j8SW2PbRsX591y18W1mpx7_2qLhZ1W7QD73D17Bs8yW5vYvzt3nMFdgW86cdCx8yBWpVW3gbZzz4ZRPXVW1pZBlC4pqqXYW3bSxSg3zCtkkW658FmF96mp_tW7-Bctf7NFMY-W8lXSt55RYMSxW4661Ml5gLws2N5_Gr1Bky0sGW7-_NmT2XrhkGW3Mgr8J3vjn1RW5X3CZZ2z29StW9h2cJp4tdngSW8jFblw6Scmk6W77GBTs7TkJ1mW6KSgWq1Nz-xMW21Z3_n2v49zs3gBD1)): Do Commodities “Fit” in 2023? 🌾 [INSTAGRAM](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGvp2-MJwV1-WJV7CgMCBW5CMF-l13RBbfW7fXm9b4bJMXxW6l86Cn3YxBTVW5P7f874l10cdW8Y2GWG30ndc5W2t7w5Q79x0myW1XYj_s3DHSwPW4gTDRk72608bW2jqyt196PFPpW40YDV11NKVDXW4f8-Wp100xlVW97V9GS52nM_jW6YbsWt8CfvqKW7mSPbc5G1BMxW61TkZ048hP8HW1ym1jV699Bmd33451)Highlights Which of these brands will benefit the most from Easter holiday shopping? 🛒 ⁣ Click [here](113/cXx8Z04/VWrMPr7t2JzHW1C0vyq1VG7MxW4jRtpV4Zy1QFN28qGvp2-MJwV1-WJV7CgZKPN7lQKGQw4lTtN2HwMLLkgMpmN3BFBRpjYc25W6sN6WN9kwm9kW6WCjWX3B__34W7dvQPs4vt428W3Xzn206GcdGFW59Xc__5BM9sWN2clg4YFRLG9W72bk5M3fdc51W5fXFTy1xqR9lMVzHpGDC9vTW4z967w2z0yjGN6vsLH7Z-VMdW2P2Fdz1GxqGlW3KTJzd1YN3L33dlB1)to see our page. 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