The three largest Singapore-listed banks are expected to report another quarter of lackluster financial results due to the coronavirus pandemic and ultra-low interest rates globally.
Moderna’s second-quarter revenue jumps fivefold on coronavirus vaccine development
Moderna said it has begun talks with multiple countries to supply its potential coronavirus vaccine, called mRNA-1273, and has already received about $400 million in deposits as of July 31.
CVS Health raises forecast for year as it adapts to changing health-care habits
The company filled fewer prescriptions during the quarter because of stay-at-home orders, but its health benefits business got a boost as people delayed elective procedures.
Disney shares pop after it reveals 100 million streaming subscribers and plans to launch a new streaming service
Disney took a $3.5 billion hit to its operating income from parks being closed during the quarter.
ForexLive European FX news wrap: Gold rally marches on
Forex news from the European trading session – 5 August 2020
Headlines:
Markets:
– AUD leads, USD and JPY lag
– European equities higher; E-minis up 0.6%
– US 10-year yields up 2 bps to 0.528%
Headlines:
Markets:
– AUD leads, USD and JPY lag
– European equities higher; E-minis up 0.6%
– US 10-year yields up 2 bps to 0.528%
Trump reiterates ‚big‘ jobs number coming on Friday
Trump speaks in an interview with Fox News
– Says he may act to suspend payroll tax himself is Congress doesn’t act
Well, he’s on not tweeting about the jobs report after the but media interviews aren’t really any better to be honest. I reckon you can pretty much ignore everything else, this is going to
– Says he may act to suspend payroll tax himself is Congress doesn’t act
Well, he’s on not tweeting about the jobs report after the but media interviews aren’t really any better to be honest. I reckon you can pretty much ignore everything else, this is going to
Scotland imposes new restrictions in Aberdeen amid local virus outbreak
Lockdowns and virus restrictions are continuing to make a comeback
In the case of Aberdeen, this comes after a local outbreak related to a pub cluster – more than 30 cases have been linked to that. This is prompting action by the government to try and limit the spread of the virus infection:
In the case of Aberdeen, this comes after a local outbreak related to a pub cluster – more than 30 cases have been linked to that. This is prompting action by the government to try and limit the spread of the virus infection:
US MBA mortgage applications w.e. 31 July -5.1% vs -0.8% prior
Latest data from the Mortgage Bankers Association for the week ending 31 July 2020
– -0.8%
– Market index 798.8 vs 841.9 prior
– Purchase index 300.7 vs 306.1 prior
Despite a drop in the long-term mortgage rate, refinancing and purchase activity both showed signs of decline in the past week and that may be a sign that the
– -0.8%
– Market index 798.8 vs 841.9 prior
– Purchase index 300.7 vs 306.1 prior
Despite a drop in the long-term mortgage rate, refinancing and purchase activity both showed signs of decline in the past week and that may be a sign that the
Gold advances 1% to fresh all-time highs as buyers stay unrelenting for now
Spot gold up by over 1% to $2,044
The parabolic rise in gold over the last two weeks is continuing as we see price keep firmly above $2,000 in a move to fresh highs of $2,044 in European morning trade.
The parabolic rise in gold over the last two weeks is continuing as we see price keep firmly above $2,000 in a move to fresh highs of $2,044 in European morning trade.