Nobel prize-winning economist Robert Shiller warns the economic and psychological toll from the coronavirus pandemic could linger — especially if states scrap reopenings due to the coronavirus spikes.
Stocks making the biggest moves after hours: Levi Strauss, AMC, Disney and more
See which stocks are posting big moves after the bell.
Levi’s sales fall 62% in second quarter, to cut 15% of corporate workforce
A complete recovery „will likely take some time,“ Levi & Strauss Co. CEO Chip Bergh said.
UK’s Sunak: We will do all we can to give everyone job opportunities
UK finance minister, Rishi Sunak, updates parliament on the government’s latest spending plans
– Our plan will protect and create jobs
– Job losses are the most urgent challenge we face
The main challenge for the UK will be to try and stop the bleeding in the labour market over the next few months – especially when moving
– Our plan will protect and create jobs
– Job losses are the most urgent challenge we face
The main challenge for the UK will be to try and stop the bleeding in the labour market over the next few months – especially when moving
ForexLive European FX news wrap: Gold breaks $1,800
Forex news from the European trading session – 8 July 2020
Headlines:
Markets:
– Major currencies little changed
– European equities lower; E-minis up 0.1%
Headlines:
Markets:
– Major currencies little changed
– European equities lower; E-minis up 0.1%
Merkel: EU needs unity for economic recovery plan
Comments by German chancellor, Angela Merkel
– Expects ‚good cooperation‘ with EU partners
– Germany determined to help EU overcome virus crisis
The next week or so is going to be crucial for European assets as all eyes will turn towards the progress on the recovery fund ahead of the 17-18 July summit. European Commission president von der
– Expects ‚good cooperation‘ with EU partners
– Germany determined to help EU overcome virus crisis
The next week or so is going to be crucial for European assets as all eyes will turn towards the progress on the recovery fund ahead of the 17-18 July summit. European Commission president von der
US MBA mortgage applications w.e. 3 July +2.2% vs -1.8% prior
Latest data from the Mortgage Bankers Association for the week ending 3 July 2020
– Market index 775.9 vs 758.9 prior
– Refinancing index 3,373.9 vs 3,359.2 prior
The standout once again in the report here is the rise in purchases, with the index rising to its highest level since 2009.
– Market index 775.9 vs 758.9 prior
– Refinancing index 3,373.9 vs 3,359.2 prior
The standout once again in the report here is the rise in purchases, with the index rising to its highest level since 2009.
Risk mood not hinting at much ahead of North American trading
US futures keep close to flat levels while European stocks are softer
After a back and forth last two days, the risk mood today is looking rather tepid for the most part with investors looking towards Wall Street for more direction.
After a back and forth last two days, the risk mood today is looking rather tepid for the most part with investors looking towards Wall Street for more direction.