Yum Brands reported that quarterly revenue rose 8%, fueled by Taco Bell’s return to positive same-store sales growth.
Archiv für den Monat: Oktober 2020
What’s the trade if Trump steals the election this year?
Are we looking at a repeat of the dollar melt up in 2016?
The straightforward one being „buy everything, sell the dollar“ of course, but once the euphoria begins to fade.
The straightforward one being „buy everything, sell the dollar“ of course, but once the euphoria begins to fade.
Oil falls to fresh four-month low amid renewed supply concerns
WTI down by another 4% to $35.80, its lowest since mid-June
The drop in oil yesterday was bad but things are looking worse from a technical perspective today, as we see price break below its 200-day MA (blue line) and now threatening a fall below its 8 September low @ $36.13.
The drop in oil yesterday was bad but things are looking worse from a technical perspective today, as we see price break below its 200-day MA (blue line) and now threatening a fall below its 8 September low @ $36.13.
ECB’s Jochnick: The possibility of a double-dip recession cannot be ruled out yet
Comments by ECB banking supervision member, Kerstin af Jochnick
Adding that „the baseline scenario of our projections cannot be taken for granted“. This could be a personal opinion but it also reflects the downside risks to the outlook, which I would expect to be brought up by Lagarde in her press conference later today.
Adding that „the baseline scenario of our projections cannot be taken for granted“. This could be a personal opinion but it also reflects the downside risks to the outlook, which I would expect to be brought up by Lagarde in her press conference later today.
Eurozone October final consumer confidence -15.5 vs -15.5 prelim
Latest data released by Eurostat – 29 October 2020
China emphasises on tech self-reliance in five-year plan
China to accelerate pace to build the nation into a technological power, as part of its strategic pillar for the next five years
This is among the key takeaways from the 4-day meeting by the Communist Party’s Central Committee in laying out the country’s next five-year plan.
This is among the key takeaways from the 4-day meeting by the Communist Party’s Central Committee in laying out the country’s next five-year plan.