Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin.
Archiv für den Monat: Juli 2021
Facebook beats earnings expectations, but warns of significant growth slowdown
Facebook’s results exceeded estimates as the company lapped the first full quarter of Covid impact, leading to the fastest revenue growth since 2016.
EUR Q3 Fundamental Forecast: ECB Review May Lead to Euro Weakness
As predicted at the end of March in the second quarter forecast, EUR/USD rallied strongly in Q2, rising from a low of 1.1704 on March 31 to a high of 1.2266 on May 25 before dropping back.
Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
Germany July preliminary CPI +3.8% vs +3.3% y/y expected
Latest data released by Destatis – 29 July 2021
here
On the month itself, inflation jumped up by another 0.9% with HICP inflation increasing by 0.5% on the month as well. That reaffirms stronger price pressures in general, adding to base effects, and will certainly pose a bit of a headache to the ECB – not only
here
On the month itself, inflation jumped up by another 0.9% with HICP inflation increasing by 0.5% on the month as well. That reaffirms stronger price pressures in general, adding to base effects, and will certainly pose a bit of a headache to the ECB – not only
ForexLive European FX news wrap: Dollar holds lower post-FOMC
Forex news from the European trading session – 29 July 2021
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities higher; S&P 500 futures up 0.1%
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities higher; S&P 500 futures up 0.1%
ECB strategy review meeting account: New strategy might imply transitory period of inflation above 2%
ECB releases the account of its strategy review meeting in July
Risk sentiment keeps steadier so far on the day
Equities keep the faith post-FOMC, at least for now
European indices are trading up on the day, holding gains around 0.5% to 1.0%, with the Stoxx 600 index holding at record highs in European morning trade.
European indices are trading up on the day, holding gains around 0.5% to 1.0%, with the Stoxx 600 index holding at record highs in European morning trade.
Japan reportedly set to extend state of emergency in Tokyo to 31 August
NHK reports on the matter
Also, to declare state of emergency in four other prefectures – that likely being the three neighbouring Tokyo and Osaka. This rebuffs the reports from throughout the week, with the formal announcement set to be for tomorrow.
Also, to declare state of emergency in four other prefectures – that likely being the three neighbouring Tokyo and Osaka. This rebuffs the reports from throughout the week, with the formal announcement set to be for tomorrow.