CFRA’s Sam Stovall finds the next three months are historically the market’s weakest.
UK expands its coronavirus start-up rescue package to include firms based abroad
The U.K. government has relaxed eligibility criteria for the initiative so that firms participating in accelerator programs can apply.
Micron to shift some chip supply to data centers as cloud powers earnings beat
Micron Technology on Monday forecast current-quarter revenue above Wall Street estimates as home-bound employees and students spur demand for its chips that power notebooks and data centers, sending its shares up 6% in after-market trading.
ForexLive European FX news wrap: Dollar firmer with month-end, quarter-end in focus
Forex news from the European trading session – 30 June 2020
Headlines:
Markets:
– USD leads, EUR lags on the day
– European equities mixed; E-minis up 0.1%
Headlines:
Markets:
– USD leads, EUR lags on the day
– European equities mixed; E-minis up 0.1%
EU finalises list of ’safe travel‘ countries starting from tomorrow; US not included
This being reported Brussels correspondent, Dave Keating on Twitter
1. Japan
2. South Korea
3. Australia
4. New Zealand
5. Serbia
6. Montenegro
7. Georgia
1. Japan
2. South Korea
3. Australia
4. New Zealand
5. Serbia
6. Montenegro
7. Georgia
French banks reportedly lobbying to convince ECB to permit dividend payments in Q4
Bloomberg reports, citing people familiar with the matter
The sources say that they are trying to convince the ECB to permit payouts in Q4, and that some ECB supervisory board members are sympathetic so much so to allow banks to possibly make small payments this year on a case-to-case basis.
The sources say that they are trying to convince the ECB to permit payouts in Q4, and that some ECB supervisory board members are sympathetic so much so to allow banks to possibly make small payments this year on a case-to-case basis.
UK PM Johnson: We cannot be prisoners of the coronavirus crisis
Comments by UK prime minister, Boris Johnson
– We must set out the way ahead
– We were able to avert a far worse disaster
– Still awaiting for the full economic reverberations to appear
A couple of token remarks by Johnson but the speech set out here is more symbolic if anything else. It just reaffirms that he
– We must set out the way ahead
– We were able to avert a far worse disaster
– Still awaiting for the full economic reverberations to appear
A couple of token remarks by Johnson but the speech set out here is more symbolic if anything else. It just reaffirms that he
BOE’s Haldane: Risks to the economy remain considerable, two-sided
Comments by BOE chief economist, Andy Haldane
He is sort of justifying his dissent at the latest BOE policy meeting two weeks ago with the remarks above. So, while they seem a tad more upbeat, just be mindful that it was a 8-1 decision at the time. The full text of his speech can be found
He is sort of justifying his dissent at the latest BOE policy meeting two weeks ago with the remarks above. So, while they seem a tad more upbeat, just be mindful that it was a 8-1 decision at the time. The full text of his speech can be found