US: Q1 earnings mostly above expectations

Big US corporations reveal their first quarter earnings (via LiveSquawk):

  • Lockheed Martin Q1 17 Earnings Results: - Adj EPS: $2.61 (Estimate $2.76) - Revenue: $11.1B (Estimate $11.26B)
  • AutoNation Q1 17 Earnings Results: - Adj EPS: $0.97 (Estimate $0.91) - Revenue: $5.14B (Estimate $5.31B)
  • 3M Q1 17 Earnings Results: -EPS: $2.61 (Estimate $2.07) -Revenue: $7.69B (Estimate $7.50B)
  • Caterpillar Q1 17 Earnings Results: - Adj EPS: $1.28 (Estimate $0.62) - Revenue: $9.8 (Estimate $9.36B)
  • McDonald's Q1 17 Earnings Results: -EPS: $1.47 (Estimate $1.32) -Revenue: $5.68B (Estimate $5.47B)

WTI unchanged around $49.30, API eyed

Crude oil prices are marginally up on Tuesday, now sending the barrel of West Texas Intermediate to the $49.30 region ahead of the API report. WTI fo
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Australia: Developments in labour and housing markets warranted careful monitoring - ANZ

The research team at ANZ suggests that the competing challenges facing the RBA includes a labour market that still has spare capacity, set against ong
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