Euro-Zone’s Consumer Confidence Cooled In July
For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1691. Data indicated that Euro-zone’s preliminary consumer confidence index dropped to -0.6 in July, less than market consensus for a drop to a...
Treasury Yields Continue to Support Yen and Dollar, Risk Appetite Ignored
Yen and Dollar are trading as the strongest ones for today and the week, as boosted by treasury yields. In particular, the Yen shrugs off strong risk appetite in Asia, as led by Chines stock markets. 10 year JGB yield...
Here’s what Tesla needs to do to convince investors it’s financially stable: Analysts
Tesla’s stock fell 3.3 percent Monday after it was reported that the electric car company asked suppliers for a refund of a portion of its payment. While automotive companies asking investors for cash back to support operations is a standard...
US regional banks gear up for M&A bonanza
One of the most anticipated trends in US banking began this month not in Wall Street or San Francisco but in Salt Lake City, Utah. On Wednesday, Zions Bancorp, a regional player with $66 billion in assets, saw its proposal...
After-hours buzz: GOOGL, WHR & more
Check out the companies making headlines after the bell: Shares of Google’s parent company Alphabet shot up more than 3 percent in extended-hours trading. The company beat analysts’ earnings estimates for its second quarter, posting $11.75 per share versus the...
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