Oppenheimer Asset Management’s John Stoltzfus sees trading activity as a lot more sensible than critics think, particularly when it comes to 2020’s big winner.
American and Southwest report stronger bookings, ramp up schedules
American and Southwest say leisure travel is on the rise, and they are preparing to fly more this summer.
Chipotle earnings smash estimates as online sales overtake in-person orders
Shares of Chipotle Mexican Grill have nearly doubled in value over the last year, giving the company a market value of $42.8 billion.
ForexLive European FX news wrap: ECB plays by the book
Forex news from the European trading session – 22 April 2021
Headlines:
Markets:
– CHF leads, NZD lags on the day
– European equities higher; S&P 500 futures down 0.1%
Headlines:
Markets:
– CHF leads, NZD lags on the day
– European equities higher; S&P 500 futures down 0.1%
ECB leaves key rates unchanged in April monetary policy meeting, as expected
ECB announces their latest monetary policy decision – 22 April 2021
They are reaffirming their pledge of higher PEPP purchases until June but so far it hasn’t really been showing up in the data, at least not „significantly“. Other than that, the rest of the policy language appears to be unchanged. The ECB still retains the
They are reaffirming their pledge of higher PEPP purchases until June but so far it hasn’t really been showing up in the data, at least not „significantly“. Other than that, the rest of the policy language appears to be unchanged. The ECB still retains the
Corn to $5 a bushel by year end?
Bloomberg Intelligence think so
Corn has been on a strong run higher over the last months in line with commodities generally. Vaccine optimism, reflation expectations, and a weak USD have all lifted commodities. Corn, a food staple, has been no exception.
Corn has been on a strong run higher over the last months in line with commodities generally. Vaccine optimism, reflation expectations, and a weak USD have all lifted commodities. Corn, a food staple, has been no exception.
UK April CBI trends total orders -8 vs 2 expected
Latest data released by CBI – 22 April 2021
Of note, the quarterly optimism index jumps to 38 from -22 in March as UK manufacturers‘ expectations of a rebound rose to the highest in almost 50 years. The monthly reading for factory orders were less upbeat though as seen with the headline.That said, it is all
Of note, the quarterly optimism index jumps to 38 from -22 in March as UK manufacturers‘ expectations of a rebound rose to the highest in almost 50 years. The monthly reading for factory orders were less upbeat though as seen with the headline.That said, it is all
Dollar steadies on the session, cable eases back under 1.3900
Dollar moves back to being little changed for the most part against the major currencies bloc in European trading
The kiwi and pound are leading losses so far today, with the latter moving back below 1.3900 against the greenback – notably slipping below its 100-hour moving average @ 1.3913 as buyers surrender near-term control in the
The kiwi and pound are leading losses so far today, with the latter moving back below 1.3900 against the greenback – notably slipping below its 100-hour moving average @ 1.3913 as buyers surrender near-term control in the