Analysts say they expect relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and suttered plants.
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McDonald’s earnings beat as Covid restrictions ease, fueling strong international sales
McDonald’s on Wednesday reported quarterly earnings and revenue that topped analysts‘ estimates as its international sales bounced back.
Coca-Cola earnings top estimates as consumers drink more beverages away from home
Coke is seeing a recovery in its away-from-home channels, like restaurants and movie theaters, which had cratered this time last year.
Alphabet reports better-than-expected quarterly profit and revenue
Alphabet reported earnings after the bell. Here are the results.
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.
ForexLive European FX news wrap: Yen gains as long-end yields slump
Forex news from the European trading session – 27 October 2021
Headlines:
Markets:
– JPY leads, GBP lags on the day
– European equities lower; S&P 500 futures flat
Headlines:
Markets:
– JPY leads, GBP lags on the day
– European equities lower; S&P 500 futures flat
Fitch downgrades yet another Chinese property developer
Kaisa Group downgraded to ‚CCC+‘ on refinancing risk
Kaisa is a familiar name when it comes to this as it was the first Chinese property developer to default on its dollar bond coupon back in 2015. The firm came back from the dead to return to the debt market in 2019 but is facing more troubles
Kaisa is a familiar name when it comes to this as it was the first Chinese property developer to default on its dollar bond coupon back in 2015. The firm came back from the dead to return to the debt market in 2019 but is facing more troubles
US MBA mortgage applications w.e. 22 October +0.3% vs -6.3% prior
Latest data from the Mortgage Bankers Association for the week ending 22 October 2021
– -6.3%
– Market index 645.1 vs 643.0 prior
– Purchase index 275.6 vs 266.2 prior
– -6.3%
– Market index 645.1 vs 643.0 prior
– Purchase index 275.6 vs 266.2 prior
China talks tough on trade war with the US
China voices their side of the story after vice premier, Liu He, had a video call with US Treasury secretary, Janet Yellen, yesterday
The COVID-19 pandemic has been a convenient excuse for geopolitical tensions to be cast aside but as the world slowly returns to normal, expect more blows to be traded between US and China
The COVID-19 pandemic has been a convenient excuse for geopolitical tensions to be cast aside but as the world slowly returns to normal, expect more blows to be traded between US and China
Germany’s Altmaier: Inflation will start to slow early next year
Remarks by German economy minister, Peter Altmaier
Adding that even with no more lockdowns, rising inflation might have negative impact on the economy. Well, duh. Come next year, expect the headline narrative to shift further out to the middle of the year before a further kick towards 2H 2022.
Adding that even with no more lockdowns, rising inflation might have negative impact on the economy. Well, duh. Come next year, expect the headline narrative to shift further out to the middle of the year before a further kick towards 2H 2022.