Bianco Research’s Jim Bianco sees a frustrating backdrop unfolding for investors.
Yum Brands tops earnings estimates as sales rebound at Taco Bell, KFC and Pizza Hut
Shares of Yum Brands rose more than 2% after the company reported better-than-expected second-quarter earnings and revenues on Thursday.
Comcast beats earnings expectations, gains record internet customers for quarter
The company said that NBCUniversal’s streaming service, Peacock, has 54 million sign-ups as of this week.
Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar
Shell boosted its dividend for the second consecutive quarter and announced the launch of a $2 billion share buyback program.
Volkswagen posts record first-half earnings and raises profit margin target
Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin.
Facebook beats earnings expectations, but warns of significant growth slowdown
Facebook’s results exceeded estimates as the company lapped the first full quarter of Covid impact, leading to the fastest revenue growth since 2016.
EUR Q3 Fundamental Forecast: ECB Review May Lead to Euro Weakness
As predicted at the end of March in the second quarter forecast, EUR/USD rallied strongly in Q2, rising from a low of 1.1704 on March 31 to a high of 1.2266 on May 25 before dropping back.
Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
Germany July preliminary CPI +3.8% vs +3.3% y/y expected
Latest data released by Destatis – 29 July 2021
here
On the month itself, inflation jumped up by another 0.9% with HICP inflation increasing by 0.5% on the month as well. That reaffirms stronger price pressures in general, adding to base effects, and will certainly pose a bit of a headache to the ECB – not only
here
On the month itself, inflation jumped up by another 0.9% with HICP inflation increasing by 0.5% on the month as well. That reaffirms stronger price pressures in general, adding to base effects, and will certainly pose a bit of a headache to the ECB – not only
ForexLive European FX news wrap: Dollar holds lower post-FOMC
Forex news from the European trading session – 29 July 2021
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities higher; S&P 500 futures up 0.1%
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities higher; S&P 500 futures up 0.1%