State and local officials are imposing new business restrictions. Workers who are laid off again may be able to collect unemployment benefits.
Archiv für den Monat: November 2020
Ether, XRP and other ‚altcoins‘ rally as bitcoin heads for all-time high
Bitcoin isn’t the only cryptocurrency posting strong gains lately.
Best Buy tops estimates on strong online sales, but shares fall on lack of holiday forecast
Despite its strong third quarter, Best Buy declined to provide an outlook because of the pandemic.
Dick’s Sporting Goods taps President Lauren Hobart as CEO, sales surge as consumers buy fitness gear
Dick’s Sporting Goods on Tuesday announced its current president, Lauren Hobart, is set to succeed Ed Stack as chief executive on Feb. 1.
Markets Week Ahead: Nasdaq 100, US Dollar, GBP, Brexit, Fed, Treasury, Thanksgiving
Rising Covid cases in the US and a squabble between the Treasury and Fed dented market sentiment this past week. The tech-heavy Nasdaq outperformed its index counterparts as longer-dated government…
European Commission announces vaccine-supply deal with Moderna
The contract will see Moderna supply up to 160 million doses of its coronavirus vaccine to the EU
For some context of the size of that deal, Italy’s adult population is estimated to be somewhere around 60 million people.
For some context of the size of that deal, Italy’s adult population is estimated to be somewhere around 60 million people.
UK November CBI retailing reported sales -25 vs -35 expected
Latest data released by CBI – 24 November 2020
CBI notes that:
„This month’s survey gives hope that the economic impact of the autumn lockdowns should be as severe as in the spring. Both consumers and firms are adapting as best they can, borne out in this month’s strong online sales.“
That said, just be mindful that this
CBI notes that:
„This month’s survey gives hope that the economic impact of the autumn lockdowns should be as severe as in the spring. Both consumers and firms are adapting as best they can, borne out in this month’s strong online sales.“
That said, just be mindful that this
Gold slips by 1% on the day as $1,800 draws closer
No reprieve for gold even as the dollar slumps
With the dollar slumping across the board, gold is failing to catch a break as the downside momentum from yesterday extends into trading today.
With the dollar slumping across the board, gold is failing to catch a break as the downside momentum from yesterday extends into trading today.
Russia says first international deliveries of its Sputnik V vaccine to follow in January
Russia says countries who recently submitted requests will get the first batches of the vaccine starting from March 2021
here
In any case, the market can continue to keep alluding to the added vaccine developments this week for some degree of support.
here
In any case, the market can continue to keep alluding to the added vaccine developments this week for some degree of support.
Russia says too early to comment on its position in OPEC+ talks
Says Putin has no plans yet to talk to Saudi Arabia on OPEC+ deal
You can always count on OPEC+ to leave things until the last minute and try and piece everything together on the day when they meet.
You can always count on OPEC+ to leave things until the last minute and try and piece everything together on the day when they meet.