Shares of Big Hit Entertainment, the music label behind global K-pop phenomenon BTS, were priced on Monday at the top end of the range ahead of its highly-anticipated market debut.
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Dow rallies more than 300 points, building on Friday’s sharp gains, banks rise
Stocks rose sharply on Monday as Wall Street built on the strong gains from the previous session.
It’s too risky to put new money in stocks right now, Wells Fargo’s Chris Harvey warns
Wells Fargo Securities Christopher Harvey believes the uptick in coronavirus cases paired with election uncertainty could spark another 10% market drop.
Markets Week Ahead: US Dollar, Gold , Dow Jones, Sterling, US Stimulus, NFPs
The US Dollar soared as the Dow Jones and S&P 500 extended losses, gold prices fell. Investors may be growing increasingly impatient for further US fiscal stimulus. The British Pound faces more Bre…
Markets Week Ahead: US Dollar, Gold , Dow Jones, Sterling, US Stimulus, NFPs
The US Dollar soared as the Dow Jones and S&P 500 extended losses, gold prices fell. Investors may be growing increasingly impatient for further US fiscal stimulus. The British Pound faces more Bre…
ForexLive European FX news wrap: Pound soars ahead of crucial Brexit week, stocks rally
Forex news from the European trading session – 28 September 2020
Headlines:
Markets:
– GBP leads, USD lags on the day
– European equities higher; E-minis up 1.3%
Headlines:
Markets:
– GBP leads, USD lags on the day
– European equities higher; E-minis up 1.3%
French finance minister Le Maire: There are no plans for a new general lockdown
France stays adamant that they will not return to a mass lockdown
Germany’s Merkel also sent a similar message earlier today .
here
But as the virus situation continues to escalate across Europe, tougher restrictions will surely be needed to curb the spread. Otherwise, fears of the virus itself will weigh on consumer behaviour and that will take
Germany’s Merkel also sent a similar message earlier today .
here
But as the virus situation continues to escalate across Europe, tougher restrictions will surely be needed to curb the spread. Otherwise, fears of the virus itself will weigh on consumer behaviour and that will take
Heads up: ECB’s Lagarde, BOE’s Bailey to speak later in the day
Something to note for the session ahead
It is pretty much a bare calendar day in North American trading today but we will be hearing from both ECB president Lagarde and BOE governor Bailey though.
It is pretty much a bare calendar day in North American trading today but we will be hearing from both ECB president Lagarde and BOE governor Bailey though.
Pound makes fresh highs for the day as Ramsden brushes aside negative rates talk
Cable buyers look to try and seize near-term control
The pound is posting fresh highs for the day now as BOE policymaker, Dave Ramsden, – for now at least – and affirmed that he still views the effective lower bound in the bank rate at 0.10%.
The pound is posting fresh highs for the day now as BOE policymaker, Dave Ramsden, – for now at least – and affirmed that he still views the effective lower bound in the bank rate at 0.10%.
BOE’s Ramsden: We are not about to use negative rates imminently
Ramsden says that he still sees the effective lower bound at 0.10%
The BOE’s communication on negative rates has been all over the place, so I wouldn’t put too much attachment to Ramsden’s remarks. But for now, it is enough to give the pound a decent lift, with cable looking to firmly clear its 200-hour moving
The BOE’s communication on negative rates has been all over the place, so I wouldn’t put too much attachment to Ramsden’s remarks. But for now, it is enough to give the pound a decent lift, with cable looking to firmly clear its 200-hour moving