Stock futures traded deep in the red early Monday as enthusiasm over a coronavirus stimulus deal was overwhelmed by worries over a new Covid strain in the U.K.
Archiv für den Monat: Dezember 2020
Tesla shares fall more than 3% as it enters the S&P 500 with 1.69% weighting, fifth largest
The electric car maker is set to join the S&P 500 at Monday’s open with a 1.69 weighting, the fifth largest.
UK December CBI retailing reported sales -3 vs 0 expected
Latest data released by CBI – 21 December 2020
„It says something about the challenges the retail sector has faced during 2020 that stable volumes in the run-up to Christmas were seen as a good result for the time of the year. The new year looks set for an unpromising start, with retailers anticipating a sharp
„It says something about the challenges the retail sector has faced during 2020 that stable volumes in the run-up to Christmas were seen as a good result for the time of the year. The new year looks set for an unpromising start, with retailers anticipating a sharp
Risk tumbles further on the session, DAX down 4%
An ugly day in Europe so far this morning
The DAX is now on approach to its 13 November low near 13,000 as the index falls by a whopping 4% on the session now, as the risk aversion deepens.
The DAX is now on approach to its 13 November low near 13,000 as the index falls by a whopping 4% on the session now, as the risk aversion deepens.
Ireland’s Coveney: Brexit deal can be done in the next few days
Brand new week, same old story
Dollar continues to go from strength to strength so far on the session
The dollar continues to push higher in European morning trade
The greenback is posting fresh highs across multiple currency pairs as we see cable now take aim towards 1.3200 upon a break of the 1.3300 level earlier in the session.
The greenback is posting fresh highs across multiple currency pairs as we see cable now take aim towards 1.3200 upon a break of the 1.3300 level earlier in the session.
Germany DIW research institute says economy to shrink by even more in Q1 2021 than Q4 2020
DIW expects the German economy to shrink by 1% in Q4 this year
The research institute says that the second hard lockdown in Germany will hit economic output rather harshly during the winter and only if the virus situation stabilises, will the economy return to the recovery path in February.
The research institute says that the second hard lockdown in Germany will hit economic output rather harshly during the winter and only if the virus situation stabilises, will the economy return to the recovery path in February.