Darden Restaurants reported that same-store sales were nearly cut in half during the fiscal fourth quarter.
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ECB: Monetary policy measures and fiscal response has reduced downside tail risks
ECB releases the account of its June monetary policy meeting
The ECB hammers home the point that QE and PEPP stimulus measures are proportionate to the conditions at the time, in another salvo at the German constitutional court ruling last month. But apart from that, there isn’t much of anything new really from this.
The ECB hammers home the point that QE and PEPP stimulus measures are proportionate to the conditions at the time, in another salvo at the German constitutional court ruling last month. But apart from that, there isn’t much of anything new really from this.
ECB’s Rehn on German court ruling: We have found pragmatic, sensible way to move forward
Comments by ECB governing council member, Olli Rehn, to Handelsblatt
Just be aware that the latest development in this space is that the ECB has reportedly submitted some documents to the German judges to prove that its policy measures are ‚proportionate‘ in order to try and settle the dispute.
Just be aware that the latest development in this space is that the ECB has reportedly submitted some documents to the German judges to prove that its policy measures are ‚proportionate‘ in order to try and settle the dispute.
The risk mood remains on edge as we look towards North American trading
European equities saw early losses turn to gains before the optimism is slowly fading going into North American trading
The DAX turned around near 1% losses to 1% gains, helped out by the ECB ensuring that there is sufficient liquidity in the market – to non-euro area central banks that is – but gains are slowly
The DAX turned around near 1% losses to 1% gains, helped out by the ECB ensuring that there is sufficient liquidity in the market – to non-euro area central banks that is – but gains are slowly
UK June CBI retailing reported sales -37 vs -38 expected
Latest data released by UK CBI – 25 June 2020
– -50
– Total distributive reported sales -55
– Prior -63
Retail sales balance is seen improving a little in June but remains rather subdued overall but just take note that the sentiment reflected in the survey here is before the announcement by UK PM Johnson to ease
– -50
– Total distributive reported sales -55
– Prior -63
Retail sales balance is seen improving a little in June but remains rather subdued overall but just take note that the sentiment reflected in the survey here is before the announcement by UK PM Johnson to ease
WHO’s Kluge: Europe had first increase in weekly cases in ‚a long time‘
Comments by WHO European regional director, Hans Henri Kluge
– 11 European countries face a resurgence of the coronavirus
– Cases are accelerating in 30 countries across Europe
The headline is a little unsettling as we are only a week away before Europe starts to open its doors to the rest of the world once again, but then
– 11 European countries face a resurgence of the coronavirus
– Cases are accelerating in 30 countries across Europe
The headline is a little unsettling as we are only a week away before Europe starts to open its doors to the rest of the world once again, but then