Nikkei rose 3,13% today. What a jump! This jump is based on good news for Bank of Japan (BOJ). The BOJ kept monetary policy steady and maintained its upbeat assessment on the economy. It also decided to extend three special loan facilities.
It is mixed in Europe and it seems like the U.S markets will open up today. Gold is trading down -0,34% at $1314,50. Silver is down -0,03%, trading at $21,41. Copper is up +0,32%, trading at 327,50.
Earnings reports to follow today: Coca cola (KO) is reporting for the quarter ending December 31, 2013. Consensus earnings per share is $0,46. This is a 2,22% increase compared to the earnings for the same quarter last year.
Norwegian Cruise Line Holdings Ltd (NCLH) is reporting for the quarter ending December 31, 2013. The companies consensus earnings per share forecast is $0,17. This is a 1600% increase compared to the same period last year. Price to earnings for NCLH is 26,90, while the industry ratio is 22,10, which means NCLH have a higher earnings growth than their competitors.
I look forward to the earnings report from Tesla (TSLA) tomorrow. The report will be for the fiscal Quarter ending December 2013. Consensus Eearnings per share forecast for the quarter is $0,04. EPS for the same periode last year was $-0,78. A great jump!
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