GM’s loss isn’t as bad as Wall Street feared.
Archiv für den Monat: Juli 2020
Boeing slashes aircraft production plans, warns on new job cuts as coronavirus devastates travel
Boeing’s commercial aircraft unit suffered the most with a 65% drop in revenue from a year earlier as deliveries of new planes tumbled.
General Electric shares fall even after second-quarter revenue is slightly better than expected
General Electric reported a second-quarter revenue figure that beat analyst expectations, sending the stock up nearly 3% in the premarket.
Shopify shares jump 7% after hot e-commerce company says second-quarter revenue increased 97%
Shopify beat Wall Street estimates for second-quarter revenue on Wednesday as more brick-and-mortar retailers listed on its online platform.
Spotify revenue misses as coronavirus deters advertisers
Spotify Technology missed quarterly revenue expectations on Wednesday and forecast a soft current quarter, due mainly to a decline in ads as the Covid-19 pandemic kept advertisers at bay.
ForexLive European FX news wrap: All quiet ahead of the Fed
Forex news from the European trading session – 29 July 2020
Headlines:
Markets:
– GBP leads, NZD lags on the day
– European equities mixed; E-minis up 0.1%
Headlines:
Markets:
– GBP leads, NZD lags on the day
– European equities mixed; E-minis up 0.1%
US MBA mortgage applications w.e. 24 July -0.8% vs +4.1% prior
Latest data from the Mortgage Bankers Association for the week ending 24 July 2020
– +4.1%
– Market index 841.9 vs 848.8 prior
– Refinancing index 3,955.9 vs 3,973.3 prior
– +4.1%
– Market index 841.9 vs 848.8 prior
– Refinancing index 3,955.9 vs 3,973.3 prior
All eyes stay on North American trading today
Some key developments yet to play out in the trading day ahead
Gold and silver aren’t doing much and equities are pretty much stalled as we wait on the Fed for more clues in the day ahead. So, what are the things to watch out for?
Gold and silver aren’t doing much and equities are pretty much stalled as we wait on the Fed for more clues in the day ahead. So, what are the things to watch out for?
BOE’s Haldane says he saw mixed signals about the economy in regional visit
BOE chief economist, Andy Haldane, had a series of online meetings with businesses and community groups in Northeast England
He also pointed out that estate agents have said they had seen a rapid rebound in activity since the reopening in May, probably reflecting pent-up demand.
He also pointed out that estate agents have said they had seen a rapid rebound in activity since the reopening in May, probably reflecting pent-up demand.
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