Ed Yardeni of Yardeni Research believes the pandemic is significantly accelerating the adoption of cutting-edge technology that will boost corporate profits.
Archiv für den Monat: August 2021
Retailers begin reporting this week, but the delta variant is a big wild card
Big retailers get their time to shine as they report earnings this week. The question is whether they can maintain momentum through the rest of 2021.
Markets Week Ahead: S&P 500, Gold Prices, US Dollar, FOMC Minutes, NZD/USD, RBNZ Rate Hike?
The S&P 500 gained as gold prices recovered from a flash crash early last week. A drop in Treasury yields on Friday sank the US Dollar. Will an RBNZ rate hike further bolster the New Zealand Dollar?
ForexLive European FX news wrap: Dollar steady as risk struggles
Forex news from the European trading session – 16 August 2021
Headlines:
Markets:
– JPY leads, AUD lags on the day
– European equities lower; S&P 500 futures down 0.3%
Headlines:
Markets:
– JPY leads, AUD lags on the day
– European equities lower; S&P 500 futures down 0.3%
China Cabinet reaffirms that it will keep economic operations within reasonable range
Remarks via state media
The final remark on RRR cuts isn’t their usual one, so I wouldn’t say that this confirms that another RRR cut is coming. That said, it is something to be wary of in case.
The final remark on RRR cuts isn’t their usual one, so I wouldn’t say that this confirms that another RRR cut is coming. That said, it is something to be wary of in case.
US futures pull lower ahead of North American trading
Risk tones continue to stay on the defensive
US futures looked to have calmed down a little mid-way through European morning trade but are now pulling back lower again as we’re about 30 mins from London midday.
US futures looked to have calmed down a little mid-way through European morning trade but are now pulling back lower again as we’re about 30 mins from London midday.
Japan set to extend state of emergency measures to 12 September – report
NHK reports on the matter
This has been an ongoing story since the weekend, with NHK also adding that Japan is to expand the state of emergency measures to 7 additional prefectures as well. A snapshot of the virus situation in Japan:
This has been an ongoing story since the weekend, with NHK also adding that Japan is to expand the state of emergency measures to 7 additional prefectures as well. A snapshot of the virus situation in Japan:
Fed officials weigh ending asset purchases by middle of next year
A summary of recent opinions at the Fed by the Wall St Journal
The headline seems to suggest that this is a fresh headline but when viewing the article, it appears to be more of a collective summary of what Fed policymakers have been advocating for over the past few weeks. Some recent quotes highlighted:
The headline seems to suggest that this is a fresh headline but when viewing the article, it appears to be more of a collective summary of what Fed policymakers have been advocating for over the past few weeks. Some recent quotes highlighted: