Stocks rose slightly on Monday as Wall Street tried to build on last week’s gain and the S&P 500 attempted to break its Feb. 19 record high.
Virus relief delay puts Crossmark’s Victoria Fernandez on alert, warns it could a spark painful economic setback
Crossmark Global Investments‘ Victoria Fernandez is concerned Washington’s stalemate over a second stimulus will disrupt the economic and market recovery’s progress.
Markets Week Ahead: Gold, Dow Jones, US Dollar, Fed and ECB Minutes, Earnings
Gold prices tumbled as the Dow Jones rose on rising confidence in the global economic outlook, leaving the US Dollar under pressure still. With US-China trade talks postponed, all eyes turn to US r…
Markets Week Ahead: Gold, Dow Jones, US Dollar, Fed and ECB Minutes, Earnings
Gold prices tumbled as the Dow Jones rose on rising confidence in the global economic outlook, leaving the US Dollar under pressure still. With US-China trade talks postponed, all eyes turn to US r…
ForexLive European FX news wrap: Quiet Monday so far
Forex news from the European trading session – 17 August 2020
Headlines:
Markets:
– JPY leads, NZD lags on the day
– European equities little changed; E-minis up 0.3%
Headlines:
Markets:
– JPY leads, NZD lags on the day
– European equities little changed; E-minis up 0.3%
Wilbur Ross: China has been buying large amounts of agricultural products
Comments by US commerce secretary, Wilbur Ross
– US and China talks are continuing at various levels
– Looking to close loopholes to prevent Huawei from getting access to US technology
This just further cements the likely narrative that anything that may be discussed at the trade review will keep this facade up despite China not living up
– US and China talks are continuing at various levels
– Looking to close loopholes to prevent Huawei from getting access to US technology
This just further cements the likely narrative that anything that may be discussed at the trade review will keep this facade up despite China not living up
China says will not resort to flood-like stimulus, will keep liquidity reasonably ample
This comes after the PBOC injected liquidity into the system earlier today
The move helped to bolster Chinese equities, with the Shanghai Composite ending the day 2.3% higher to start the new week.
The move helped to bolster Chinese equities, with the Shanghai Composite ending the day 2.3% higher to start the new week.
Heads up: OPEC+ JMMC meeting scheduled to start at 1400 GMT on 19 August
Bloomberg with the headline, citing OPEC on the matter
Just a heads up to the meeting later this week, in case we hear of how the compliance issue is going or any possible plans for future production cuts and what not.
Just a heads up to the meeting later this week, in case we hear of how the compliance issue is going or any possible plans for future production cuts and what not.
Reminder: Brexit negotiations start up again this week
But don’t expect much before Friday
The usual round of negotiations will start off with tomorrow’s dinner, before getting into more serious talks on Wednesday and Thursday. Both sides will wrap things up on Friday before we are likely to hear from Barnier and Frost once again via their respective pressers.
The usual round of negotiations will start off with tomorrow’s dinner, before getting into more serious talks on Wednesday and Thursday. Both sides will wrap things up on Friday before we are likely to hear from Barnier and Frost once again via their respective pressers.