Procter & Gamble reported organic sales growth of 6% for its fiscal fourth quarter as the pandemic helped spur purchases of cleaning products.
Yum Brands same-store sales fall 15%, but company says trends stabilizing in June and July
Yum said net income for the quarter was $206 billion, or 67 cents per share, down from $289 billion, or 92 cents per share, a year earlier.
UPS shares soar 11% after reporting a surge in quarterly revenue on pandemic-led demand
United Parcel Service on Thursday reported a 13.4% rise in quarterly revenue, as the Covid-19 pandemic led to a surge in residential volumes and healthcare shipments.
Germany July preliminary CPI -0.1% vs +0.1% y/y expected
Latest data released by Destatis – 30 July 2020
That said, just take note that from the Saxony report, there was a heavy skew in terms of a drop in food prices that is causing a drag on inflation this month. That may have been a factor but regardless, the trend in general will keep ECB
That said, just take note that from the Saxony report, there was a heavy skew in terms of a drop in food prices that is causing a drag on inflation this month. That may have been a factor but regardless, the trend in general will keep ECB
ForexLive European FX news wrap: Dollar keeps firmer on softer risk mood
Forex news from the European trading session – 30 July 2020
Headlines:
Markets:
– GBP leads, AUD lags on the day
– European equities lower; E-minis down 0.9%
Headlines:
Markets:
– GBP leads, AUD lags on the day
– European equities lower; E-minis down 0.9%
Cable ignores the dollar narrative as buyers look to keep above 1.3000
The pound is the only currency outperforming the dollar so far today
The pair moved to a low of 1.2945 earlier in the session but held on to near-term support close to 1.2950 before rebounding to its best levels on the day now. Buyers are looking to keep a break above 1.3000 and that will be
The pair moved to a low of 1.2945 earlier in the session but held on to near-term support close to 1.2950 before rebounding to its best levels on the day now. Buyers are looking to keep a break above 1.3000 and that will be
China’s Politburo says that monetary policy will be more targeted in 2H 2020
China’s Politburo comments after a work meeting to discuss its economic goals and plans for the second half of the year
The work meeting earlier was chaired by China president Xi Jinping and it looks like they will continue to keep their current policies into 2H 2020 at least, to try and bolster the economy and
The work meeting earlier was chaired by China president Xi Jinping and it looks like they will continue to keep their current policies into 2H 2020 at least, to try and bolster the economy and
Japan reports over 1,000 new coronavirus cases for a second straight day
Kyodo News with the headline
This is pretty much expected after the record daily rise seen in Tokyo earlier . That should bring the total active cases across the country to nearly 10,000 at the end of the day. For some context, Japan had „only“ ~1,000 active cases as of 30 June.
This is pretty much expected after the record daily rise seen in Tokyo earlier . That should bring the total active cases across the country to nearly 10,000 at the end of the day. For some context, Japan had „only“ ~1,000 active cases as of 30 June.