AutoNation’s stock Thursday morning topped $130 a share for the first time ever, according to FactSet.
Archiv für den Monat: Oktober 2021
American Airlines posts profit thanks to federal aid, revenue improves
For the fourth quarter American expects its revenue to be down about 20% from 2019.
ForexLive European FX news wrap: Dollar slightly softer, equities keep steady
Forex news from the European trading session – 22 October 2021
Headlines:
Markets:
– AUD leads, GBP lags on the day
– European equities higher; S&P 500 futures up 0.1%
Headlines:
Markets:
– AUD leads, GBP lags on the day
– European equities higher; S&P 500 futures up 0.1%
Eurozone inflation expectations hit 2% for the first time since 2014
The key market gauge of long-term euro area inflation expectations hit 2% for the first time since 2014
This just continues to reaffirm that team transitory is slowly losing the battle as the above sentiment will feed into rate expectations as well.
This just continues to reaffirm that team transitory is slowly losing the battle as the above sentiment will feed into rate expectations as well.
Evergrande main unit says cannot guarantee that financial obligations will continue to be met
A statement released by Evergrande main unit, Hengda Real Estate
The statement reads that it has not made substantial progress in disposing Evergrande assets and that the firm cannot guarantee it will be able to continue to meet financial obligations under its contracts.
The statement reads that it has not made substantial progress in disposing Evergrande assets and that the firm cannot guarantee it will be able to continue to meet financial obligations under its contracts.
AUD/USD keeps a modest advance on the day, tries to get back above 0.7500
AUD/USD buyers not letting up just yet
The daily candle yesterday seemed a bit ominous for the pair as it fell back below 0.7500 and also below the September high of 0.7478. But buyers are showing some added poise on the day as price is up 0.5% to just above 0.7500 currently.
The daily candle yesterday seemed a bit ominous for the pair as it fell back below 0.7500 and also below the September high of 0.7478. But buyers are showing some added poise on the day as price is up 0.5% to just above 0.7500 currently.
UK October flash services PMI 58.0 vs 54.5 expected
Latest data released by Markit/CIPS – 22 October 2021
The manufacturing reading remains flattered by the elevated supplier delivery times though, in which the index is still extremely subdued (but oppositely reflected in the overall PMI index) due to supply and capacity constraints in general.
The manufacturing reading remains flattered by the elevated supplier delivery times though, in which the index is still extremely subdued (but oppositely reflected in the overall PMI index) due to supply and capacity constraints in general.