HSBC reported a 65% fall in pre-tax profits for the first half of 2020 to $4.3 billion — missing analysts‘ expectations.
U.S., China must ’step up‘ to lead in the coronavirus crisis or emerging economies may sink, experts say
Both the U.S. and China have to „step up to the plate“ and provide global leadership, during a time when the world’s poorest countries are in trouble because of the coronavirus pandemic, said a top economist.
Clorox names longtime executive its new CEO, as company beats estimates on pandemic-led demand
Clorox beat market estimates for quarterly net sales on Monday, as U.S. households spent more on disinfectant and other cleaning products due to the Covid-19 pandemic.
Markets Week Ahead: Nasdaq 100, US Dollar, AUD/USD, RBA, GBP/USD, BoE
The Nasdaq 100 soared as the US Dollar sank amid jubilant tech earnings and a dovish Federal Reserve. The Australian Dollar and British Pound face the RBA and BoE respectively. All eyes turn to the…
Markets Week Ahead: Nasdaq 100, US Dollar, AUD/USD, RBA, GBP/USD, BoE
The Nasdaq 100 soared as the US Dollar sank amid jubilant tech earnings and a dovish Federal Reserve. The Australian Dollar and British Pound face the RBA and BoE respectively. All eyes turn to the…
ForexLive European FX news wrap: Dollar starts the week on firmer footing
Forex news from the European trading session – 3 August 2020
Headlines:
Markets:
– USD leads, CHF lags on the day
– European equities higher; E-minis up 0.5%
Headlines:
Markets:
– USD leads, CHF lags on the day
– European equities higher; E-minis up 0.5%
PBOC says that monetary policy will be more flexible, targeted in 2H 2020
Comments by the Chinese central bank
These comments aren’t new by the PBOC but it reaffirms their current monetary policy stance and that they will keep going forward with targeted RRR cuts when necessary to aid with liquidity, while also maintaining .
These comments aren’t new by the PBOC but it reaffirms their current monetary policy stance and that they will keep going forward with targeted RRR cuts when necessary to aid with liquidity, while also maintaining .
Cable loses early session momentum as dollar keeps slightly firmer
GBP/USD sees a fall from 1.3113 to a session low of 1.3040
It has been a quick turnaround for cable in the past hour as we see price action move from session highs just above 1.3100 to a session lows around 1.3040 currently.
It has been a quick turnaround for cable in the past hour as we see price action move from session highs just above 1.3100 to a session lows around 1.3040 currently.
AUDUSD arguably has a short term downside bias, but be careful
AUDUSD
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Things to know before we start the session.
Getting set for the day
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