Ford said its adjusted pretax earnings for the second quarter will „surpass its expectations,“ while net income will be „substantially lower.“
GM expects inflation, semiconductor shortage to add $3 billion in extra costs in second half
The increased costs include a greater-than-expected impact from the parts shortage as well as rising commodity inflation costs of up to $2 billion.
Gold stumbles to fresh six-week low as dollar extends gains on the day
The post-FOMC reverberations continue to linger as the dollar strengthens
The greenback is pulling ahead across the board as the post-FOMC reaction looks to be gathering further momentum now in European trading.
The greenback is pulling ahead across the board as the post-FOMC reaction looks to be gathering further momentum now in European trading.
Dollar keeps post-FOMC advance in European morning trade so far
The dollar is keeping firmer on the session
Though not trading at the highs earlier, the greenback is still keeping a solid advance across the board – notably against the euro, franc and loonie.
Though not trading at the highs earlier, the greenback is still keeping a solid advance across the board – notably against the euro, franc and loonie.
FX option expiries for 17 June 10am New York cut
A look at what is on the board for today
A couple of ones to take note of for the day, as highlighted in .
bold
For EUR/USD, the expiries are likely to keep a lid on any upside with the dollar keeping firmer. Likewise for USD/JPY as it should find some support closer to 110.25-50 though keep
A couple of ones to take note of for the day, as highlighted in .
bold
For EUR/USD, the expiries are likely to keep a lid on any upside with the dollar keeping firmer. Likewise for USD/JPY as it should find some support closer to 110.25-50 though keep
Eurozone April construction output -2.2% vs +2.7% m/m prior
Latest data released by Eurostat – 17 June 2021
– Prior +2.7%; revised to +4.1%
– Construction output +42.3% y/y
– Prior +18.3%; revised to +20.0%
There is still some slack evident in construction activity in the region, with civil engineering work falling 6.1% and building construction down 1.0% in April relative to March. That said, this is capturing
– Prior +2.7%; revised to +4.1%
– Construction output +42.3% y/y
– Prior +18.3%; revised to +20.0%
There is still some slack evident in construction activity in the region, with civil engineering work falling 6.1% and building construction down 1.0% in April relative to March. That said, this is capturing