These are the stocks posting the largest moves in midday trading.
Archiv für den Monat: Oktober 2021
Levi Strauss earnings beat as new denim styles drive sales growth, retailer raises outlook
Although many apparel companies have been hit by global supply chain bottlenecks, Levi has fared well comparatively due to its diversified manufacturing.
Equities Q4 Fundamental Forecast: Short-Term Uncertainties But Longer-Term Fortunes
Throughout the third quarter, there had been somewhat of a reversal in the reflation trade as concerns over the peak in the global growth lingered, alongside the continued spread of the Delta variant.
British Pound Q4 Forecast: Preparing the Ground for Interest Rate Hikes
The fourth quarter of 2021 will likely see the Bank of England start talking about interest rate hikes as early as the beginning of next year, boosting the attraction of Sterling.
German health minister says no further COVID-19 measures necessary in autumn, winter
Remarks by German health minister, Jens Spahn
He is noting that no further measures would be needed to curb the spread of the virus as vaccinations are at a good level, with the current rate being 5% higher than what the government had projected at this point in time.
He is noting that no further measures would be needed to curb the spread of the virus as vaccinations are at a good level, with the current rate being 5% higher than what the government had projected at this point in time.
ECB accounts: Accommodative policy stance remained necessary
The ECB releases the accounts of its September monetary policy meeting
The full accounts can be found . There isn’t anything that we don’t already know from the ECB and I’m just highlighting in what is most relevant at this point.
The full accounts can be found . There isn’t anything that we don’t already know from the ECB and I’m just highlighting in what is most relevant at this point.
US September Challenger layoffs 17.9k vs 15.7k prior
Latest data released by Challenger, Gray, and Christmas Inc
US-based employers announced 17,895 job cuts last month, a 14% rise from August (which was a 24-year low). That said, the total job cuts for Q3 amounted to 52,560 which marks the lowest quarterly total since 1997 – reaffirming improved conditions in the labour market as the pandemic
US-based employers announced 17,895 job cuts last month, a 14% rise from August (which was a 24-year low). That said, the total job cuts for Q3 amounted to 52,560 which marks the lowest quarterly total since 1997 – reaffirming improved conditions in the labour market as the pandemic
The bond market remains tentative ahead of the US jobs report tomorrow
No clear cut moves in Treasuries for the time being
10-year yields are higher relative to opening levels to start the week but the highs this week were capped by the late-September high around 1.567% and we are seeing more tepid conditions now awaiting the US jobs report tomorrow.
10-year yields are higher relative to opening levels to start the week but the highs this week were capped by the late-September high around 1.567% and we are seeing more tepid conditions now awaiting the US jobs report tomorrow.
A snoozefest for major currencies so far on the session
Dollar pairs keeping within 10 pips of one another
I reckon that pretty much says it all about how FX is performing so far today. There were some slight gains in commodity currencies early but they didn’t amount to much as trading conditions appear to be rather light (pre-NFP lull perhaps?).
I reckon that pretty much says it all about how FX is performing so far today. There were some slight gains in commodity currencies early but they didn’t amount to much as trading conditions appear to be rather light (pre-NFP lull perhaps?).