Caterpillar’s adjusted earnings per share of $1.34 on revenue of $9.9 billion in the quarter beat analyst expectations.
Archiv für den Monat: Oktober 2020
Record earnings beat is still not good enough for the market and profit misses are severely punished
Corporate profits are performing at a record pace relative to expectations, but investors so far seem unimpressed.
Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ
Global market sentiment remains fragile heading into a busy week. The Dow Jones and US Dollar eye ongoing fiscal stimulus talks as the election nears. GBP/USD remains glued on Brexit negotiations. …
ForexLive European FX news wrap: Dollar in a flux, but little changed in general
Forex news from the European morning session – 27 October 2020
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities lower; E-minis up 0.4%
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities lower; E-minis up 0.4%
European Commission: Both sides are engaging intensively to try and reach a deal
It has been all quiet on the Brexit front over the past few days
Will that be enough to yield a concession from either side? We’ll see.
Will that be enough to yield a concession from either side? We’ll see.
Pfizer says planning Phase 2/3 study of coronavirus antiviral drug in late 2020, early 2021
But the firm says they still plan to apply for emergency use of its coronavirus vaccine in late November, if the data is positive
However, the data monitoring committee has not conducted interim efficacy analysis of the vaccine yet. So, that stands in the way of the firm from .
However, the data monitoring committee has not conducted interim efficacy analysis of the vaccine yet. So, that stands in the way of the firm from .
UK October CBI retailing reported sales -23 vs -1 expected
Latest data released by CBI – 27 October 2020
„The fall in retail sales in October is a warning sign of a further loss of momentum in the economy as coronavirus cases pick up and restrictions are tightened across many parts of the country.“
The survey also shows that retailers are expecting to cut orders to suppliers
„The fall in retail sales in October is a warning sign of a further loss of momentum in the economy as coronavirus cases pick up and restrictions are tightened across many parts of the country.“
The survey also shows that retailers are expecting to cut orders to suppliers
Germany’s Scholz: Extra measures to curb virus spread should be targeted, temporary
Comments by German finance minister, Olaf Scholz
Well, we will have to wait and see what the meeting between Merkel and regional leaders on Wednesday will yield but a in any form would be a blow to the German economic outlook in Q4 – even if the auto sector has been holding up.
Well, we will have to wait and see what the meeting between Merkel and regional leaders on Wednesday will yield but a in any form would be a blow to the German economic outlook in Q4 – even if the auto sector has been holding up.