Amazon's return to growth 🛍️ BoJ leaves policy unchanged 🇯🇵US inflation data due 👛

FlowBank's hand-curated fresh financial news [header_noDither] 28.04.2023 Good morning FlowBankers! Here's the latest market news, hand-curated by our research team. The Big Story [amazon2704] Amazon jumped 8% in the immediate aftermath of Q1 earnings which showed a return to big profit, a significant turnaround from 2022’s worst annual loss on record. Amazon benefited from stable online demand, strength in its cloud unit, and aggressive cost-cutting, which has seen the tech giant reduce its headcount by 9%. Amazon posted net sales of $127.36 billion and EPS of $0.31. [Start Trading](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5RN2-MK5V1-WJV7CgTV-W2wMk-h65-lHmW7TXKxf6_R9sSW2Fw8jz5N0946W8-_lTQ6R068fW3wg3283Dq_NnN2hjsscZswXgN6bSDYpWKbdrN3nVvPhqKFStW3Jn-LZ6bLDS2W45M6Yf4JwmGNW5XcyH415bRXZW72KTXV7ZgQKsW91FdH67tBC57V18nW21WzbWkW2f-mKR2gF9Y8W1J7M5Y2bqSX4W3PWYNf4FmS7LN4Vf9cJSSgm4W1y9Cb14SY-lqW3Sw4WD50M4Ps35b21) Trader's Corner In focus • EUR/JPY rises towards an 8-year high after the BoJ kept monetary policy unchanged and as investors look ahead to EZ GDP and German inflation data. • Gold falls away from $2000 amid a stronger USD after GDP data showed softer growth and stronger inflation fueling fears of more hikes. US core PCE is up next. Economic data • BoJ rate decision • EZ GDP, Ger. CPI • US core PCE, CAD GDP Earnings • Chevron, Exxon Mobil • NatWest, Eni, • Colgate-Palmolive [Start Trading](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5RN2-MK5V1-WJV7CgL6VN4tcQ6RQWTD0W95srsC2nWGDMW2L7jfR5PY5QwW92VNK57yGFFMW1-_tfC8PjJMsN7D--x9QfK3mW46f5vF90L7cSW3s_-Ws7C-bYGW3dq3Qj7Vjv8mM588zfft5d-W5GwZxg79HPytW1N0XbF45kDcNW2WWzFQ3tWVdNW8Jmrpq2CKjRgW68jdDB3WZP8RMtn4_DyglkXW7bGLQb8mdKSDW6rV_mN3Rd_ryW1Bq3LJ5LNZz_W2K6CJW7kM-zn3kcV1) Market Recap European bourses closed cautiously higher as strong corporate earnings overshadowed US banking worries. Barclays and Deutsche Bank beat expectations. The Dow and the S&P500 booked the biggest daily gains since January, and the Nasdaq rose 2%, towards its 8-month, after Meta impressed and a slew of mainly better-than-expected results. Meta ended the day 13% higher. Today Europe points to a stronger start, boosted by gains on Wall Street and ahead of a busy economic calendar with Eurozone GDP under the spotlight. Meanwhile, US futures are edging lower after a solid week amid cautious trade ahead of the Fed's preferred gauge for inflation, the core PCE index. Chart Of the Day Investors are split over how much further inflation will retreat. Determining the direction of inflation should be key to tactical investment positioning. Investors will watch PCE data on Friday for clues on US inflation. [Core inflation - bloomberg 26042023](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgHKDN7kVBc51F94cW8YdbrT5T2ZqmW4xrcb_6wQZVMW1N38_t11xmczW1Z_RP812wlGLW8Wn_9d1FJX35W8GF1gJ7jXw4bW1dXlx14mLv7ZW3FGmNG5X6clqW42Z5jt9lbGj6W5X2kYZ8NPwG6W2twxt54-6D80W3fc9Ch35BTL8W9ldD5S9h5WLmW92347X2cxlHRW7ydr7H1GCFcLN4qqpsKPy_RfW26FpvB3P9pK73nFZ1) [LINKEDIN](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgMBvW1-b-yk8YvyTqW4hPQ7k3rxNcQW2ZWPd23RgNJQW36zJ6v4DC5nxVzlt6w8nG2RzW5yfSNl5zlbnWW4WVHMw7m128-W1jbTVK8FwsHmW7jTJsm9gq6frW4RTWq959wlwkW2hKvDL89W7wPW5Y_vW_8SBjlLW76GHGs4_wxMMW1p0nXB1j6PrNW4Cr3wn7290dWW3RfN7232hKrVW8B23Jf8c9RdrW8mxnBM7jBNss34bR1)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/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgQT0W2zTtJB5fW7kNW8JKfw117nNYCW68K_Sd6tSVZ6W3TW3_h3rjmrRW7JhW1P5KsWSxW1v85sL47NrHYW95BGKn2Qxw4ZW7lBx9r6yGTHFW4x0pWs4CZbgKW2DdPyz6zsgJpW4JwjDk2fxHR4N1FGpmtprQHTW45xsG06B8GXCW97lx-C2qkdb-W3w7DBf3D6-dwW3Vb_gm4p1n4bW5tFPkj47yN1tW3nthdW5YnltW3mrn1)to read more. [wti RANGE-1](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgTDLN2KqpnHZ0vvbW39j6jp3CpskXW4P1pRZ99cSyXW5wP1lv31Zp7-W3dgw4y400kZQW53DH3C1fl9sZW83M62W1-MMSsW7k_4Q13BgqRQW61S7NQ6P5HQNW92jN6W29p1HPW3TN8886sCr-sVJ0C9L1vfvblW4Gn19g3gGzDLW7Bbknn9bh1vFVTj5Mv6FVjjMW1cwglj5WsvLgN6TCq6HxMt75W1fzbR35k2gMn3ckp1) [LinkedIn](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgJsDW1mQVbv3_ZBfqW4qYZ9d7wFZf1W4-qRNz2gtvMgW8vZzt_8NfyZsN1HDQwv43TTpW3skFrd67-NJNW3sVYsv4B4N81W4MGM9g1dSvt-W3-W3WH8svJrBW8krGb42WLcFmW2DMvnC7XGMqHW924cxb34dnL6VXc5hf3hV8htW1pzphS88ZfdyN1Qxf_Vs1CNZVPtl1f9cPxxsW89vhp2832wfFW5TQGJM86zgL732KV1) poll: Where do you see inflation in the next 12 m❓ [Vote here, we would love to know your views 💡](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5S32-MKpV1-WJV7CgQshW6j8Wsl3lBKQhW3Jrtw21NwGp_W2T0kHq25fL1JW4KKQMP3pB7m7W11mrPC3qf7k0N4WyCFm9TJV9W8sBV7F34vFW2W6d2XQL4f24cJW6MjRlR81v3JtW9k6r2d9bC2mMW4McxHF2z5DyhW1z2Db75qbt_BW6kbzfq5tW4jRW5ZM2TD14vhNwW4_bK6M85bSJ3W4h6GKt2jx5CbW8dpWhV4YQ_7FW4qLk8z1psjT_N2_rSRSbKSKpW4fJCqw3rGN2cW16mfGp20yZ26W5XgYM45DkxGQ3fK51) [INSTAGRAM](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5R92-MJwV1-WJV7CgR5XW9jtL5v4ncJVWW7-TGWh7ZYhhQVHyxzQ6K1w6lW6MRRFC3hQqyBW2mWP3D9h802bW2klc3h7rL5s2W8yDdYy604r-CW91TGnc1GjtQKW6h7Fxd5p9pL5W1vxg5y1trDR6W5GBM5w5Qy8mNVSNhMn8PMs-MN1TdT_xDwhYFW33yKJY41wnFZW3rrWVy4jBhTPN8-ZjTLzh35t3mR31)Highlights Renewable Energy Companies In Focus 🔋 Click [here](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5R92-MJwV1-WJV7CgQy1VwwYgs7p3361W1XNZZf2z9G8hN5Fyw9sYmqZLW1PQq1J7hGJJNN3r4c21hS_D1N8_fvBgR8k-hW4gMWmr5ltThVW60lW8r6YkfHxVdS0Dd3jRG_cV6RvSB7wGyXWW7KJgbF5GCTNtW6Wxs3t7jCD1gN6Bp0WvtvfphW8F6mG_4hQ3Z-W4FBH912GgnfjW5fZ58y277V4C3cSW1)to see our page. [IG 10 rc](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgzMnW5kblxF74sZ53W3C7sZb5QhJR5V8FSZQ6GvX6zW6MRRMx9l_zdlW2ZNVMt4n5rYGW74PkcZ4zSGCfW655pG-7Lnd6vW1Zdz8S5g0f8YW1VbQWM2W1d56W22-ntW35w9jzW4hVclX8_VcsxW52wW-W5QXCxjW3nkwv89hn28-N9bBln8S6MF_W2x9jFG1tVT_WW5mRnPj64y6LBW8vBBR17TDZmCW2SCLt26cD60Y3gGC1) FlowBank Blog Is India the biggest growth opportunity for tech giants? [Apple India](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgN41W1_YhFs99cGX4W8vDRLy7x3YJkW8FYdsZ3GD2QRW2B3tsN8DJK4HW3Z9wyn8gYkh5N3LxpBMzrmdXW1VZCJM3Y4fKFW8lXFyt76yy0zW6XdlKS8rxwwJW687mMK2zL0dYVs7-C54w28R9W2qgx255TxHW3W4nX-v58rCdKhW24Vnqp328mW8W7Sl1Bs2tgBRTW8JMSYn4sKjNqN3nJGVRQ7gP7W3fGWX4780MBn35gs1) According to some estimates, India is poised on the precipice of a tech explosion many are comparing to their own Industrial Revolution. Get more from FlowBank [Join our LinkedIn Community](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgWz8W2K7YYZ83X1Y4W8n6zCx5kvNJ_W3DrQ0Z71q9-bW4Kh1fm7HLhRMW2b0TpM10zWBsW19sNgl8Bk6MJW1k0gvl1Gnp9PW7mlM_g4jbHgcW1dTzgL8pVT0hW81FjSL1jFr2mW2nqKkS44C7rzW6lX7qt2HSXJWW4NqPqH47wt9pV1DJjC6QYs1-W44vWnd7PRBXrVy01-v5mxJygW240WBx8c6HrbW4Mdl4D8zhHjq3cRf1) [Read our latest Research](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgSyMN8bVjW8sjZ4WW2ttZJw5LwMN-W2sVQFJ6m43V9W8mcvz49kzktrW2YWM4P4XxhCsW1PKgmP7ZYK93V1V8ZP5VbcKqW6y1krz8phFFTW7zzM852-r1dQW95Pnh435G124W1MJccs7W6dv7W64JCdB24d83bW23bRZv2nDRp7Vgw8sW3n4GxQW6HTtgD78rXVVVWYHGt6MTYjzW6p-nkS8GMPgTW54498065FW3g384g1) [Subscribe to Flow TV](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5R92-MJwV1-WJV7CgDjlVbflVC5qRS52VVPN1731Mjk_W3NJGhl72dKzdVrLlmy3lJd72W4bfPj-8p1XlhW6G7_xM5tKCTQW4TpvQc1-9BF0W6_FD1G21lMT-Vht48b7fmmpxW7QXYcY9g-bTcMcVGQhc4cj6W131HZP4PyprnVMt60p94nCYmW7NSVtY7fjVSDVR6_2181Zf8bW1WcnV_1BWThC2Qn1) [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5R92-MJwV1-WJV7CgzNNW6bHTm06BWRHbW8fCWbB7rq652W1LZhXL44MG_dW6t1_kN10S_ZxW9lpbMc2bGKdkW60FTlk84BPzpW8cSHrn9l_QV_N3TsswKgDxpRW3F2mcm6S7QLpN8h7lxp2rdq7W9gKkrV54_dcXN4NLPV26n3L8W4DhxlH31j3DKW6ZLYvp2-mslNW5StqML5PSthPN49yybzMwBNR39XF1) [LinkedIn](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5Rt2-MJQV1-WJV7CgRllM7KSLRgX8FlW6wLpFY2N494QW7_L4qH4QNsSPW9fMwMg4CdN7KW9gQggZ896p3rW26yd4n1gXWGsW2zRjD46NMXHdW95W5mY8stncjW8sgQwT5qlbKPW2MBWzJ1TSJhLW3SDcH-780JSgW8X9rzr7LppcZW6SfDf31FsJxZW7854TF9fWzkQW8WxF3s3ymFg4W4T9HC28s85XPW7gNZQK5CfswyW9lYbWm4W-WLc2Sb1) [Twitter](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5R92-MJwV1-WJV7CgYfwW30sY9b1yP2rkN6pD3cSxyRQbW3Yy3fC2MM8RYW4glK_82YCkWLW4Jn3PV4FGgQyW5QVq8g43kR07W8dXchb5sRgJTW2NMjj-85x6P_W2YKYYr4LpvKgW1fxCx63tTKpTW3gdZbF15VMxTW7kxRP86s24BgW3kwLyy7m3lN8VwFrpc809JkmW8hjqY46yBgJNN3NV8hB2ySNC2Dg1) [Instagram](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5R92-MJwV1-WJV7CgBw4W7Dt2zk49_SPhW7R-Myx4-w795W1C0SZn6mdwyxW5XxL4v5XRM1lW7NBD-G90H-tVN3HHG3QDzrs2W6fSY8d2xJlPnW4VvDJr1tJwWyVY6YSG1Jtc_fW1s8cvd5J-rf_Vr9fbs8gwVycW2VrMLw3cpp43N6TqFC49GWgrW85sTDp4Fc6QHW6h425K6f3v4kW8tQVWS424dHd39L01) [YouTube](113/cXx8Z04/VWx7Sz70LKW1W5HQ_lc1dsSQPW8wLjj94ZWkxgN5GS5RN2-MK5V1-WJV7CgBCtW3s_Ddc7FVl9PW3wq4P-4_Z5p9N7pMNj2GnyNcW1wlQr_68V9V9W7YP1v06SvYrqW5b2l9R8JY1XNN5p5nMc9tVgcW6WSHXs4QYFdbW4JNGzL4WRTd7W5-1Cfr7nw1_YN21f7bpzXGVQW1qxQ3b8FPb8-W79_vvH2KQlLJW26HXxw1K9wTmW2DZNvm5rSd9rW2JGlm08_pQhcN5pXvhzjsgZDW8GBR-Z4CcCCrW3qn6FH2xqF5mW3-zHBk3zSdP231Qv1) FlowBank SA, Esplanade de Pont-Rouge 6, P.O. Box 1303, 1211 Geneva 26, Switzerland, +41 (0) 22 888 60 00 [Unsubscribe]( [Manage preferences]( This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error, please notify us immediately, and delete it from your system. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited. Although we scan attachments, we advise you to carry out your own virus check before opening any attachment.