Boris Johnson says that the government is aiming to review the remaining restrictions in November From October, we intend to bring audiences back into stadiums We will look to allow more close contact between friends and family where possible Hopes that by November it may be possible to drop social distancing rules The part on
LONDON: Oil prices slipped on Friday amid growing uncertainty about the global recovery in fuel demand as coronavirus cases surged in several countries, while major producers were set to ease output curbs. Brent crude futures fell 26 cents to $43.11 a barrel by 0822 GMT. US West Texas Intermediate (WTI) crude dropped 23 cents to
The forex markets are generally stuck inside yesterday’s range in subdued trading today. Chinese stocks attempted a recovery at the start of the session, but quickly turned into red again, continuing with Thursday’s mini-crash. Other Asian markets are mixed though, with not much reactions to weaker US close overnight. As for the week, Euro is
The number of Americans who filed for unemployment benefits rose more than expected last week as the country continues to grapple with the economic impacts of the coronavirus pandemic. Initial weekly jobless claims came in at 1.3 million for the week ending July 11, the Labor Department said Thursday. Economists polled by Dow Jones expected
Reed Hastings, CEO of Netflix. Robyn Beck | AFP | Getty Images Netflix reported its second quarter 2020 earnings after the bell on Thursday, the first full quarter to reflect the impact of the coronavirus pandemic. The company announced that Netflix Chief Content Officer Ted Sarandos will become co-CEO alongside current CEO Reed Hastings. He will
GBP/USD extends pullback from 1.2536 after flashing a bearish candlestick formation the previous day. Failures to cross 200-day EMA, lower high from the recent top favors the sellers. Bulls will have a bumpy road before challenging the June month top. GBP/USD extends the latest recovery moves from 1.2536 to 1.2558 during the early Asian session
S&P and NASDAQ break a today winning streak. Dow industrial average breaks its 4 day winning streak The major indices have broken their recent winning streaks. Admittedly the NASDAQ and the S&P index is at only reason for 2 straight days, but the Dow industrial average had a 4 day winning streak snapped in trading
The head of Shell spoke in an online interview, in a nutshell said that there will be no V-shaped recovery for the global economy after the coronavirus epidemic this will curtail oil and gas demand for years to come Ben van Beurden, Chief Executive of Royal Dutch Shell: “Energy demand, and certainty mobility demand, will
Kolkata: The online gold market in India accounts for just 1-2% of overall gold sales by value in the country, but its share is expected to grow following the Covid-19 outbreak as it is witnessing a massive push from both digital players who see it as an opportunity and large jewellers who see it as
The sharp reversal in Chinese stocks is somewhat weighing on global sentiments today. European indices are generally in red while US stocks also open mildly lower. Dollar firms up mildly but upside momentum is unclear for now. Euro is also resilient after ECB stands pat as widely expected and delivers nothing astonishing. On the other
An aerial view of a construction worker roofing an apartment home on May 27, 2020 in Uniondale, New York. Al Bello | Getty Images To find a V-shaped recovery from the economic wreckage of the coronavirus pandemic, look to the nation’s single-family homebuilders. Homebuilder sentiment jumped 14 points to 72 in July, according to the
James Gorman, chairman and chief executive officer of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galici | Getty Images Morgan Stanley is set to report second-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: $1.12 a
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Major South Korean conglomerate Hanwha Group is cementing its involvement in the cryptocurrency industry with a new investment. Hanwha Investment & Securities, a securities brokerage subsidiary of Hanwha Group, has participated in a 4 billion won ($3.3 million) funding round in crypto firm CrossAngle. Xangle is specialized in collecting corporate disclosures for crypto Announcing the
IDEX stock gains +6.56% during trading day. Low volume for IDEX stock despite share price rising. Bargain-hunting investors may have been behind the upswing. NASDAQ:IDEX investors have seen a brief glimmer of hope today as the share price has risen for the first time in nearly a week. The stock opened $0.03 higher from its
The greenback inches slightly higher across the board This comes as US futures are hitting the lows for the day, with S&P 500 futures now down by a little over 0.8%. As such, the dollar is firming with AUD/USD falling to a low of 0.6976:For bank trade ideas, check out eFX Plus The pair failed