Economic calendar: Earnings dominate calendar
10 August 2020
Risk-on moods as Trump signs Executive Orders
Almost bare economic calendar today
A lot of US earnings releases
Risk-on moods can be spotted on the global financial markets. Donald Trump signed Executive Orders over the weekend targeted at payroll taxes or unemployment benefits. A move came as a relief amid deadlock in stimulus bill talks. As the economic calendar is almost empty today, sentiment may play a major role. US diplomats are set to visit Taiwan today in spite of China'...
10 August 2020
Stocks in Asia are trading higher at the start of a new week. Kospi trades 1.4% higher, S&P/ASX 200 gains 1.7% and Nifty adds 0.8%. Indices from China trade higher as well while Nikkei was closed for holiday
Donald Trump signed few Executive Orders over the weekend aimed at supporting the economy. Orders were on payroll tax, unemployment benefits, student loans and rental eviction.
Democrats and Republicans are open to restarting stimulus talks
European futures are trading hi...
Daily summary: U.S. gridlock over stimulus keeps stocks muted
07 August 2020
• The US economy added 1.76 million jobs in July 2020 • Trump bans dealings with Chinese owners of TikTok, WeChat • Gold retreats from record high
European indices managed to erase early losses and finished final session of the week slightly higher. Recent industrial output figures from Germany and France beat market expectations and German exports increased by 14.9% from a month earlier, most since 1990. However increasing geopolitical tensions and mixed US employment report we...