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Netflix at 17-month high 📺 BoC hikes rates🇨🇦 Japan GDP 2.7% 🇯🇵

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flowbank.com

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research@flowbank.com

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Thu, Jun 8, 2023 05:26 AM

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FlowBank's hand-curated fresh financial news Trader's Corner In focus • USD/CAD fell to a month

FlowBank's hand-curated fresh financial news [header_noDither] 8.06.2023 Good morning FlowBankers! Here's the latest market news, hand-curated by our research team. The Big Story [netflix806] Netflix rose to a 16-month high, boosted by JP Morgan upwardly revising its price target on the stock by 24. Analysts are increasingly optimistic about the potential for the streaming giant to increase revenue as it cracks down on password sharing. [Start Trading](113/cXx8Z04/VVslXW1gBc8xW5w6HmF2p-pl5W6fpr4J4_x9BHN7zrx0p2-MK5V1-WJV7Cg-2TW5CGDH26Cl781W98PR4W2jQhMdW3XW2qr2LhPpRW7_X8cS27bVKZW4xdDB76VvGKwW3Ll9P-8cx0kdW6_hVTb6mk-GBW6ctzVG5vSfRlN2xgMDJzzD5vW8_42-x1b1kBfW3tZf5m5Q7CFVVBpKrY14Dd1LVPnyGc7cpvxrV5SJHm45FP5gW8d3Z0Y304Df3W6kBVb_7lk0H-W6Wr9_899KC41W9dpdbn7jwGsSN31skNXnXSVLN8cJ9RH_dgxf369s1) Trader's Corner In focus • USD/CAD fell to a monthly low after the BoC unexpectedly raised interest rates by 25 bps to 4.75%, a 22-year high, • USD/JPY falls as the JPY strengthens as data showed that Japan's economy grew at a faster pace of 2.7% annualized vs. 1.6% expected. Economic data • Aus. trade data • EZ GDP • US jobless claims Earnings • DocuSign

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