Walmart’s U.S. e-commerce sales soared by 79% in the third quarter, as customers continued to shop online during the coronavirus pandemic.
Archiv für den Monat: November 2020
Home Depot earnings beat as shoppers focus on home, retailer to make pandemic pay raises permanent
Home Depot reported third-quarter earnings that beat estimates as consumers continued to focus on home improvement during the pandemic.
Kohl’s sales fall 13% as shoppers shift spending away from apparel
Kohl’s on Tuesday reported a 13.3% decline in quarterly sales, as the coronavirus pandemic limited the number of people visiting its stores to buy clothes, shoes and beauty items.
Airbnb files to go public, turned a profit last quarter
Airbnb has released its prospectus to debut on public markets.
Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks
Rotation-trade dynamics was this past week’s focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The British Pound…
EUR/USD inches closer towards 1.1900 as dollar keeps softer on the session
The dollar is trading weaker despite the slightly cautious risk tone
European equities are keeping on the back foot with US futures also seen down by 0.5% although Nasdaq futures are holding up, keeping closer to flat levels for now.
European equities are keeping on the back foot with US futures also seen down by 0.5% although Nasdaq futures are holding up, keeping closer to flat levels for now.
EU governments reportedly not ready for common virus testing procedures for travel
Reuters reports, citing a EU document on the matter
This is a bit of a blow to airlines and the leisure sector as there is said to be divisions among EU states on the use of rapid antigen tests for travel.
This is a bit of a blow to airlines and the leisure sector as there is said to be divisions among EU states on the use of rapid antigen tests for travel.
BOE’s Bailey: QE at a time like this can prevent unwarranted tightening in financial conditions
Comments by BOE governor, Andrew Bailey
He sounds a tad more optimistic amid the recent vaccine news, as that may help to steer some of the pressure away from the debate on negative rates for now.
He sounds a tad more optimistic amid the recent vaccine news, as that may help to steer some of the pressure away from the debate on negative rates for now.
ECB’s Visco: Removing stimulus too early risks jeopardising the recovery
Comments by ECB policymaker, Ignazio Visco
– We are going towards a ’new normal‘ in the global economy
– We should make the most of lessons from the pandemic
In other words, it is going to take years before they even consider removing the easing measures in place – and those to come next month – and that
– We are going towards a ’new normal‘ in the global economy
– We should make the most of lessons from the pandemic
In other words, it is going to take years before they even consider removing the easing measures in place – and those to come next month – and that
Brexit negotiations closing in on a trade deal as early as next week – report
Bloomberg reports on the matter
The report says that as talks continue in Brussels, officials are planning for the possibility of a breakthrough as soon as Monday, but no precise day has been settled on, citing people familiar with negotiations.
The report says that as talks continue in Brussels, officials are planning for the possibility of a breakthrough as soon as Monday, but no precise day has been settled on, citing people familiar with negotiations.