2 August 21 - Week Ahead | De.mem | Euro/USD Global markets were lower on Friday, with the US market (S&P 500 index -0.5%) down as investors worry about growth slowing down for some of mega cap tech names. Sparking the concerns was Amazon which was down -7.6% its biggest decline since May 2020, following their quarterly result which missed consensus and sales would start to ease in the upcoming quarters. Pinterest fell -18.2% after saying it lost monthly users during the three-month period. Other tech heavy weights like Alphabet (-1.0%) and Facebook (-0.6%) also dipped lower.  To date, about three-fifths of S&P 500 companies have reported their earnings, and more than 80% have exceeded both sales and profit estimates, according to data compiled by Bloomberg. European stocks was lower on Friday, with the Stoxx 600 index down -0.5% higher – but managed to close out the week up +2%.  Closer to home, the Australian c...