Today we are watching…
1. Agilent Technologies (#agil)
US healthcare company, Agilent, is gearing up to publish its earnings report today and analysts have mixed feelings about its chances at beating estimates amid a rocky equity market. The company has traded choppily in the lead up to today’s announcement. However, it has experienced strong growth in its pharma, genomics and life sciences divisions which look likely to filter through positively into this report. It’s broad portfolio is also forecast to offer high growth potential to come. We’ll have to wait and see on this one!
2. Gold (#gold)
Yesterday was gold’s time to shine as it bounced 1.07% higher to rake in its best one-day gain in over two months. The escalating trade war caused a mass sell-off in equities yesterday, sending investors fleeing for safe havens, such as treasuries, gold and crypto (believe it or not). After breaking out of a 2 month downtrend, gold moved higher to retest the key $1,300 level. More volatility in the coming days could see more upside for our shiny friend, so keep your eyes peeled for more trade war madness.
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