The bank said the improving U.S. economic outlook drove its decision to release money set aside for loan losses.
Goldman’s earnings blow past estimates as investment banking revenue boosted by strong IPO market
Investment banking posted its second-highest revenue quarter ever with $3.61 billion, behind the first quarter of 2021.
JPMorgan tops estimates after posting $2.3 billion boost from better-than-expected loan losses
The bank said the improving U.S. economic outlook drove its decision to release money set aside for loan losses.
Earnings season starts with sky-high stock prices and soaring expectations
On paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months.
PepsiCo raises forecast after earnings crush estimates, fueled by returning restaurant demand
PepsiCo reported that its quarterly revenue rose more than 20% from a year earlier as restaurant demand for its drinks returned, fueling an earnings beat.
ForexLive European FX news wrap: Dollar up a touch ahead of US CPI release
Forex news from the European trading session – 13 July 2021
Headlines:
Markets:
– JPY leads, GBP lags on the day
– European equities mixed; S&P 500 futures flat
Headlines:
Markets:
– JPY leads, GBP lags on the day
– European equities mixed; S&P 500 futures flat
China premier Li Keqiang: Will not resort to flood-like stimulus
Remarks by China premier, Li Keqiang
China is trying to tone down that it is being overly accommodative after having , the first time that has happened since April last year.
China is trying to tone down that it is being overly accommodative after having , the first time that has happened since April last year.
US June NFIB small business optimism index 102.5 vs 99.5 expected
Latest data released by NFIB – 13 July 2021
Fed’s Bullard: The time is right to pull back on stimulus measures
St Louis Fed president, James Bullard, remarks in a WSJ interview
He looks to be getting more bold by the day in voicing out these hawkish remarks and the latest round above just adds to that. The dollar is trading near session highs now as it squeezes out slight gains in the major currencies space.
He looks to be getting more bold by the day in voicing out these hawkish remarks and the latest round above just adds to that. The dollar is trading near session highs now as it squeezes out slight gains in the major currencies space.
EUR/USD continues more sideways action to start the week
EUR/USD a little lower to 1.1845-50 but holds above key near-term levels
The range for the day is stretching a little but the overall move is still relatively light, all things considered. The pair is seen on the retreat from 1.1875 to a low of 1.1842, testing the confluence of its key hourly moving averages @
The range for the day is stretching a little but the overall move is still relatively light, all things considered. The pair is seen on the retreat from 1.1875 to a low of 1.1842, testing the confluence of its key hourly moving averages @