Stocks traded mostly along the flatline traders weighed the prospects of a potential coronavirus vaccine and more U.S. fiscal stimulus.
Archiv für den Monat: Juli 2020
Virus surge and new China tensions could spark a 20% to 30% market meltdown, long-time bull Ed Yardeni warns
Yardeni Research’s Edward Yardeni is getting cautious on stocks for the first time since the March 23 rebound.
Markets Week Ahead: US Dollar, Dow Jones, S&P 500, Microsoft, Coronavirus
The US Dollar fell as the S&P 500 and Dow Jones climbed despite rising coronavirus cases in the US. With earnings season in full swing, all eyes turn this week to Microsoft after dismal figures fro…
Markets Week Ahead: US Dollar, Dow Jones, S&P 500, Microsoft, Coronavirus
The US Dollar fell as the S&P 500 and Dow Jones climbed despite rising coronavirus cases in the US. With earnings season in full swing, all eyes turn this week to Microsoft after dismal figures fro…
ForexLive European FX news wrap: Euro firms as EU leaders move closer to a compromise
Forex news from the European trading session – 20 July 2020
Headlines:
Markets:
– GBP leads, JPY lags on the day
– European equities mixed; E-minis down 0.2%
Headlines:
Markets:
– GBP leads, JPY lags on the day
– European equities mixed; E-minis down 0.2%
EU’s von der Leyen: Things are moving in the right direction on a deal
German chancellor Merkel also says that she is hopeful that an agreement on the recovery fund would be possible by today
Merkel also adds that the framework for an agreement is currently in place after the lengthy period of talks over the last few days. French president Macron also adds that things have advanced and that
Merkel also adds that the framework for an agreement is currently in place after the lengthy period of talks over the last few days. French president Macron also adds that things have advanced and that
GOP leaders said to meet at White House later today to discuss next coronavirus bill
FOX News reporter, Chad Pergram, reaffirms the earlier story
Senate majority leader, Mitch McConnell, and House GOP leader, Kevin McCarthy, will be headed to the White House later to discuss the next stimulus bill with Trump and Mnuchin. This adds to the story from earlier in the day .
Senate majority leader, Mitch McConnell, and House GOP leader, Kevin McCarthy, will be headed to the White House later to discuss the next stimulus bill with Trump and Mnuchin. This adds to the story from earlier in the day .
Risk mood improves after sluggish start to the session
European equities creep a little higher alongside US futures
Risk sentiment has picked up in the last hour, with the DAX now seen up by ~0.6% and trading at the 13,000 level for the first time since 25 February. Meanwhile, US futures have also improved to be down by ~0.1% after observing around ~0.6% losses earlier.
Risk sentiment has picked up in the last hour, with the DAX now seen up by ~0.6% and trading at the 13,000 level for the first time since 25 February. Meanwhile, US futures have also improved to be down by ~0.1% after observing around ~0.6% losses earlier.
ECB’s de Guindos: Q2 GDP drop to be slightly better than expected
Comments by ECB vice president, Luis de Guindos
Well, the thing is while the sharp drop in Q2 isn’t quite the worst-case scenario, it is still bad. The issue now is will the recovery thereafter be as robust as what policymakers and lawmakers expect it to be? That is the more pressing concern in my view
Well, the thing is while the sharp drop in Q2 isn’t quite the worst-case scenario, it is still bad. The issue now is will the recovery thereafter be as robust as what policymakers and lawmakers expect it to be? That is the more pressing concern in my view