A look at the day ahead from Karin Strohecker. We are almost at the end of a pretty breathless month: The peak growth versus peak inflation debate got a fresh lease of life thanks to Delta variant surges, a cooling of commodities' red-hot rally and of course, Beijing's big regulation crackdown.
A look at the day ahead from Karin Strohecker. Actually, those obstacles did little to keep equity markets from sailing to record highs across multiple regions on Thursday. Reassurances from Beijing's regulators and official media have also helped but not enough to make for a quiet Friday, with markets having a bit of a wobble.
The Swiss National Bank increased its first half profit to 43.5 billion Swiss francs, it reported on Friday, as buoyant stock markets boosted the value of the central bank's foreign currency investment pile. The SNB posted a profit of 44.5 billion francs from its foreign currency positions, helped by interest and dividend payments from the mountain of bonds and stocks it holds.
The Swiss National Bank increased its first half profit to 43.5 billion Swiss francs, it reported on Friday, as buoyant stock markets boosted the value of the central bank's foreign currency investment pile. The SNB posted a profit of 44.5 billion francs from its foreign currency positions, helped by interest and dividend payments from the mountain of bonds and stocks it holds.
EU Unemployment; EU Flash Estimate euro area inflation; EU Preliminary Flash Estimate GDP; EU bank stress test results published; updates from IAG, Renault, Hermes, EssilorLuxottica, Air France-KLM, BNP Paribas, Eni, Swiss Re, Unicredit, Pearson, NatWest. European stocks could open lower. Oil down and gold is flat.
The Canadian dollar rose to a
two-week high against its broadly weaker U.S. counterpart on
Thursday, as the Federal Reserve remained patient about reducing
stimulus and the Bank of Canada reassured ...
U.S. Treasury yields inched
higher on Thursday, but were below their peaks for the day,
after a soft 7-year note auction added to the positive risk tone
which persisted all day despite ...
U.S. Treasury yields inched
higher in choppy trading on Thursday, but were below their peaks
for the day, as gains on Wall Street, positive Chinese news and
solid European economic reports balanced ...
U.S. Treasury yields edged
higher in choppy trading on Thursday, although were below their
peaks for the day as strong earnings, positive Chinese news and
solid European economic reports balanced ...
The Canadian dollar touched a
two-week high against its broadly weaker U.S. counterpart on
Thursday, as the Federal Reserve remained patient about reducing
stimulus and the Bank of Canada reassured ...
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