Wells Fargo posted its first quarterly loss since the financial crisis on rising provisions for defaults tied to the coronavirus pandemic.
Archiv für den Monat: Juli 2020
Bank earnings will deliver an upside surprise and help boost market, top strategist Art Hogan predicts
National Securities‘ Art Hogan is optimistic bank earnings will come in better than expected and help lift stocks.
Australian Dollar Fundamental Forecast for Q3 2020
A shift in the RBA’s forward guidance should heighten the appeal of the Australian Dollar if the central bank prepares to remove the yield target later this year.
US Dollar Forecast: Nearing the Bottom as COVID-19 Cases Soar?
The DXY Index has been weighed down by concerns over the United States’ coronavirus surge.
France’s Macron: In the coming weeks, will make masks compulsory in all enclosed public spaces
Comments by French president, Emmanuel Macron
UK government announces ban to Huawei from the country’s 5G networks
Confirmation by UK culture minister, Oliver Dowden
But in any case, this will also just heighten tensions between China and the US, UK further.
But in any case, this will also just heighten tensions between China and the US, UK further.
ForexLive European FX news wrap: Euro slightly firmer after a little back and forth
Forex news from the European trading session – 14 July 2020
Headlines:
Markets:
– EUR leads, GBP lags on the day
– European equities lower; E-minis up 0.3%
Headlines:
Markets:
– EUR leads, GBP lags on the day
– European equities lower; E-minis up 0.3%
US assistant secretary for health: Trump administration expects coronavirus deaths to go up
Comments by Brett Giroir, the US assistant secretary for health, to CNBC
When the cases and hospitalisations go up, inevitably the death count will also follow. I reckon what most states would like to avoid would be a triage in terms of healthcare service to the public. That would be an ugly scene to witness for
When the cases and hospitalisations go up, inevitably the death count will also follow. I reckon what most states would like to avoid would be a triage in terms of healthcare service to the public. That would be an ugly scene to witness for
JP Morgan Q2 EPS $1.32 vs $1.01 estimate
JP Morgan earnings for Q2 are out
I think the large loan loss provision is no surprise considering the economic circumstances, but the general uncertainty of the coronavirus situation will just keep banks/financials pressured in general. Essentially, JP Morgan lives to fight another quarter.
I think the large loan loss provision is no surprise considering the economic circumstances, but the general uncertainty of the coronavirus situation will just keep banks/financials pressured in general. Essentially, JP Morgan lives to fight another quarter.