HSBC said its reported profit before tax for 2020 fell 34% from a year ago to $8.78 billion.
Archiv für den Monat: Februar 2021
Market bull Julian Emanuel sees rising Treasury yields accelerating a major leadership change. Here’s how to play it.
While rising Treasury yields create jitters on Wall Street, BTIG’s Julian Emanuel is looking to put money to work outside of Big Tech.
Markets Week Ahead: Dow Jones, US Dollar, Crude Oil, Fed, Treasuries, NZD/USD, RBNZ
Market sentiment was a mixed bag as the Dow Jones gained but the Nasdaq Composite weakened. Crude oil prices turned lower. All eyes are on Fed Chair Jerome Powell amid rising longer-term Treasury r…
UK February CBI retailing reported sales -45 vs -40 expected
Latest data released by CBI – 23 February 2021
CBI notes that:
„With lockdown measures still in place, trading conditions remain extremely difficult for retailers. Record growth in Internet shopping suggests that retailers‘ investments in online platforms may be paying off, but the reopening of the sector can’t come soon enough to protect job losses and breathe
CBI notes that:
„With lockdown measures still in place, trading conditions remain extremely difficult for retailers. Record growth in Internet shopping suggests that retailers‘ investments in online platforms may be paying off, but the reopening of the sector can’t come soon enough to protect job losses and breathe
UK PM Johnson: Very optimistic on 21 June full reopening
Comments by UK prime minister, Boris Johnson
– But not guaranteed that will be the case
In case you missed it, he set out the timeline for the reopening and the stages that the UK will go through in his announcement yesterday .
– But not guaranteed that will be the case
In case you missed it, he set out the timeline for the reopening and the stages that the UK will go through in his announcement yesterday .
Sterling stays more resilient as UK reopening keeps the optimism flowing
The pound is the best performing major currency today
If anything else, it highlights the conviction in the pound at the moment and this continues to make it tough to really challenge for a push lower.
If anything else, it highlights the conviction in the pound at the moment and this continues to make it tough to really challenge for a push lower.
Tech leads the drop as equities correct in European morning trade
Risk sentiment leans towards the softer side today
Nasdaq futures are bearing the brunt of things with tech hurting once again after yesterday’s drop. Futures are down by 1.4% as compared to Dow futures‘ 0.2% decline.
Nasdaq futures are bearing the brunt of things with tech hurting once again after yesterday’s drop. Futures are down by 1.4% as compared to Dow futures‘ 0.2% decline.
Eurozone January final core CPI +1.4% vs +1.4% y/y prelim
Latest data released by Eurostat – 23 February 2021
– CPI +0.9% vs +0.9% y/y prelim
The preliminary report can be found . No change to initial estimates as this reaffirms a bounce in inflation figures to start the year.
– CPI +0.9% vs +0.9% y/y prelim
The preliminary report can be found . No change to initial estimates as this reaffirms a bounce in inflation figures to start the year.