Bianco Research’s James Bianco warns the economic backdrop could push the Federal Reserve to tighten and upset the stock market.
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Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand
Procter & Gamble now expects sales growth of 3% to 4% during fiscal 2021, up from its prior forecast of 1% to 3%.
IBM reports third straight quarter of revenue declines
Revenue declines have returned under new IBM CEO Arvind Krishna as he seeks to sell off part of the company’s largest business segment.
ForexLive European FX news wrap: Mixed markets with US stimulus ‚deadline‘ in focus
Forex news from the European trading session – 20 October 2020
Headlines:
Markets:
– EUR leads, NZD lags on the day
– European equities mixed; E-minis up 0.6%
Headlines:
Markets:
– EUR leads, NZD lags on the day
– European equities mixed; E-minis up 0.6%
European Commission says willing to intensify Brexit talks with the UK
The EU confirms what we already know from yesterday
Well, instead of the usual posturing, the situation is a bit delicate now so they are largely reiterating similar remarks from Gove yesterday . But we’ll see how things go in the coming days/weeks. It wouldn’t be surprising if we end up in a big loop again.
Well, instead of the usual posturing, the situation is a bit delicate now so they are largely reiterating similar remarks from Gove yesterday . But we’ll see how things go in the coming days/weeks. It wouldn’t be surprising if we end up in a big loop again.
How likely are you to take a coronavirus vaccine if recommended to do so?
A survey overseen by the Vaccine Confidence Project (VCP) shows that 71.5% of participants would be very or somewhat likely to take a vaccine
The VCP is a global surveillance programme on vaccine trust funded by the European Commission and some pharmaceutical companies, and the survey here was conducted back in June with more than 13,000
The VCP is a global surveillance programme on vaccine trust funded by the European Commission and some pharmaceutical companies, and the survey here was conducted back in June with more than 13,000
BOE’s Vlieghe: Tiering has been effective in getting the benefits of negative rates, while reducing costs
Further comments by BOE policymaker, Gertjan Vlieghe
The headline comment continues to make a case for negative rates to be introduced by the BOE in the future. A bit of a clarification to one of his earlier remarks :
The headline comment continues to make a case for negative rates to be introduced by the BOE in the future. A bit of a clarification to one of his earlier remarks :
Brexit: EU, UK chief negotiators Barnier and Frost to talk again later today
Bloomberg reports, citing an EU official on the matter
Adding that Barnier and Frost are going to discuss next steps in Brexit talks, after following yesterday’s meeting. And so the dance continues…
Adding that Barnier and Frost are going to discuss next steps in Brexit talks, after following yesterday’s meeting. And so the dance continues…