Bank of America’s trading division, similar to what rivals JPMorgan Chase and Citigroup have disclosed, helped offset the drag caused by the coronavirus pandemic.
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UK digital bank Monzo relaunches premium accounts after original service flopped
Monzo Plus has been relaunched in the U.K. with perks including the ability to earn 1% interest on savings and check your credit score.
Bank of America shares drop as the firm sets aside another $4 billion for coronavirus-related loan losses
Bank of America’s trading division, similar to what rivals JPMorgan Chase and Citigroup have disclosed, helped offset the drag caused by the coronavirus pandemic.
Morgan Stanley beats estimates for second-quarter profit on strong trading results
Morgan Stanley benefited from one of Wall Street’s best trading quarters in years.
J&J’s profit slides 35% as coronavirus forces hospitals to forgo elective surgeries
J&J earned $3.63 billion, or $1.36 per share, during the three months ended June 30, a 34.6% drop from $5.6 billion a year earlier.
Domino’s Pizza U.S. same-store sales soar 16% as more consumers order delivery
Domino’s Pizza on Thursday reported that its quarterly U.S. same-store sales soared 16.1% as more consumers ordered pizza delivery during the coronavirus pandemic.
Raab says Russian actors tried to interfere in 2019 UK election
Raab announces details into investigation of the leak of UK-US free trade agreement
The UK-US free trade agreement was leaked to Reddit and the UK is out with a report. It concludes that it is „almost certain“ that Russian actors sought to interfere in the UK election with the report. They also note that the documents
The UK-US free trade agreement was leaked to Reddit and the UK is out with a report. It concludes that it is „almost certain“ that Russian actors sought to interfere in the UK election with the report. They also note that the documents
Full text of the ECB decision: July 16, 2020:
The full ECB statement
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
(1)
The interest rate on the main refinancing operations and the interest
rates on the marginal lending facility and the deposit facility will
remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing
Council expects the key ECB
At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:
(1)
The interest rate on the main refinancing operations and the interest
rates on the marginal lending facility and the deposit facility will
remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing
Council expects the key ECB
ECB leaves rates unchanged, as expected
ECB continues to reiterate stands ready to adjust all of its instruments
There are no changes here whatsoever. The euro chopped around 1.1400 on the release but has ticked up to 1.1410 since.
There are no changes here whatsoever. The euro chopped around 1.1400 on the release but has ticked up to 1.1410 since.
Full slate of economic news and data coming up for New York trade
Lots of central bank news and top-tier data
The ECB decision at 1145 GMT is still to come but shortly afterwards the focus will shift to North American trade and the latest economic data.
The ECB decision at 1145 GMT is still to come but shortly afterwards the focus will shift to North American trade and the latest economic data.