Q2 earnings got off to a lackluster start Tuesday. Hefty earnings beats from JPM & Goldman Sachs were overshadowed by concerns over revenues& as a lot of the strength was on easy comps.
US: A much hotter than expected CPI print & very poorly bid 30-yr bond auction were a …Czytaj więcej
The risk sentiment and the SARB rate decision will be the main drivers of USDZAR today (Thursday), amid the domestic strife. It is likely that the central bank will keep its current repo rate as the country is still in recovery mode.
The Reserve Bank of South Africa …Czytaj więcej
Market News Today – Wall Street ended the week in a positive mood & investors continue to buy equities at the start of this week. Hopes of ongoing central bank support are supporting the long end as virus developments see investors trim growth & inflation expectations. China’s central bank cut …Czytaj więcej
Honeywell , Nextera Energy and headed by Twitter, whose results exceeded its revenues and bucked users expectations growth rates during its previous report for the first annual quarter are expected to report profits for the second quarter of 2021 next week, at the end of July.
Twitter is an …Czytaj więcej
Market News Today – USD at 3-month highs, Bonds rallied/Yields dived, Nasdaq & S&P hit another ATH. Seem familiar? FOMC minutes showed “Hawkish Tilt” & some members up for tapering as early as this year – conditions could be “met somewhat earlier than anticipated”. Asian equities down as risk off …Czytaj więcej