Lumber futures have tanked 42% in June alone, on pace for its worst month on record back to 1978.
Traders are hopeful the IPO market can repeat its record first half
The IPO business, which has taken a back seat to SPACs for a good part of 2020 and early 2021, has returned big-time.
Stocks making the biggest moves in the premarket: Virgin Galactic, Bed Bath & Beyond, MongoDB & more
The stocks making the biggest moves in premarket trading include Virgin Galactic, Bed Bath & Beyond, MongoDB, and more.
SoftBank-backed Chinese grocery delivery company clings to gains after slashing IPO size
The lackluster performance comes as tech giants Alibaba, Meituan and JD.com have all invested significantly in grocery delivery.
Warren Buffett says the pandemic has had an ‚extremely uneven‘ impact and is not yet over
Legendary investor Warren Buffett said the economic consequences of the pandemic are falling disproportionately on small businesses.
Bed Bath & Beyond earnings take a hit from turnaround costs, but retailer raises 2021 sales forecast
Bed Bath & Beyond on Wednesday reported mixed fiscal first-quarter results, as sales topped analysts‘ estimates, but profits missed.
ForexLive European FX news wrap: Dollar steady going into month/quarter-end
Forex news from the European trading session – 30 June 2021
Headlines:
Markets:
– GBP leads, CHF lags on the day
– European equities lower; S&P 500 futures flat
Headlines:
Markets:
– GBP leads, CHF lags on the day
– European equities lower; S&P 500 futures flat
BOE’s Haldane: The time calls for immediate thought, and action, on unwinding QE
Remarks by BOE chief economist, Andy Haldane
dissented against the board
dissented against the board
US MBA mortgage applications w.e. 25 June -6.9% vs +2.1% prior
Latest data from the Mortgage Bankers Association for the week ending 25 June 2021
OPEC oil output said to have risen by 740k bpd in June
According to a survey by Reuters
– OPEC output in June rises by 740k bpd to 26.24 million bpd
– Compliance with OPEC+ seen at 115%
This isn’t so much so a surprise as they are pumping more amid improving demand conditions, with output having risen in every month sine June 2020 (besides February).
– OPEC output in June rises by 740k bpd to 26.24 million bpd
– Compliance with OPEC+ seen at 115%
This isn’t so much so a surprise as they are pumping more amid improving demand conditions, with output having risen in every month sine June 2020 (besides February).