The worst earnings season in years is about to begin, and stocks could shrug off sharp profit declines, if companies see signs of recovery.
Archiv für den Monat: Juli 2020
Markets Week Ahead: Gold Prices, Dow Jones, Earnings Season, Euro, ECB
Gold prices accelerated higher as longer-dated Treasury yields declined. While the Dow Jones and S&P 500 rose, stock valuations will be tested as earnings season gets underway. The Euro awaits the …
Markets Week Ahead: Gold Prices, Dow Jones, Earnings Season, Euro, ECB
Gold prices accelerated higher as longer-dated Treasury yields declined. While the Dow Jones and S&P 500 rose, stock valuations will be tested as earnings season gets underway. The Euro awaits the …
ForexLive European FX news wrap: Quiet but optimistic start to the week
Forex news from the European trading session – 13 July 2020
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities higher; E-minis up 0.7%
Headlines:
Markets:
– AUD leads, JPY lags on the day
– European equities higher; E-minis up 0.7%
China premier Li Keqiang: The economy is showing a steady recovery
China still maintaining a largely similar outlook for the moment
– The situation is still severe at home and abroad
– Will adopt proactive fiscal policy, prudent monetary policy
The comments here aren’t anything new but that in itself is the key takeaway. The fact that Chinese officials aren’t deviating from the recent commentary on the economic outlook
– The situation is still severe at home and abroad
– Will adopt proactive fiscal policy, prudent monetary policy
The comments here aren’t anything new but that in itself is the key takeaway. The fact that Chinese officials aren’t deviating from the recent commentary on the economic outlook
UK PM Johnson: We do think masks have a great deal of value in confined spaces
Comments by UK prime minister, Boris Johnson
– We have got the virus under control across the country
– It is very important to wear a face covering in shops
Judging by recent remarks by the government, it is only a matter of time now before masks are surely going to be mandatory in shops across the UK.
– We have got the virus under control across the country
– It is very important to wear a face covering in shops
Judging by recent remarks by the government, it is only a matter of time now before masks are surely going to be mandatory in shops across the UK.
China issues travel advisory for Australia, cites racism
China’s ministry of foreign affairs issues a statement via its Wechat account
The statement advises citizens to exercise caution when travelling to Australia, citing racism, violence and anti-Chinese sentiment being stirred up by the Australian media.
The statement advises citizens to exercise caution when travelling to Australia, citing racism, violence and anti-Chinese sentiment being stirred up by the Australian media.
Cable eases to a session low, tests key near-term level
GBP/USD sees early gains evaporate in fall to just under 1.2600
The pair touched a high of 1.2666 earlier today but has since seen a retreat, after having formed a bit of a triple-top pattern just under the 200-day moving average @ 1.2701.
The pair touched a high of 1.2666 earlier today but has since seen a retreat, after having formed a bit of a triple-top pattern just under the 200-day moving average @ 1.2701.