News

Thu, 29 Jul 2021 13:46:50 GMT

AMD books new ATH

At the start of Thursday's US trading hours, the stock price for AMD gained more than 4.00% and booked a new all-time high by reaching above the $100.00 level.

Thu, 29 Jul 2021 12:30:08 GMT

Nestle raises growth forecast

On Thursday, Nestle announced that it would increase its full-year growth forecast to 5-6%, as the company's earnings have been boosted by coffee sales.

Thu, 29 Jul 2021 10:30:08 GMT

Volkswagen increases profit margin

Volkswagen announced on Thursday that the company would increase its profit margin from 5.5-7% up to 6.0 to 7.5%.

Thu, 29 Jul 2021 08:30:07 GMT

Powell pauses USD rally

On Thursday, the US Dollar had paused its previous rally, as the US Federal Reserve revealed on Wednesday that it would not change its monetary policy.

Thu, 29 Jul 2021 06:30:36 GMT

Asian stocks recover

During Thursday's Asian trading hours, stock indices in Asia recovered from previous losses, as the Chinese regulator caused sell-off appeared to be over.

Wed, 28 Jul 2021 18:30:06 GMT

Aston Martin doubles sales

On Wednesday, Aston Martin revealed that it had more than doubled sales. The success was attributed to the company's first SUV.

Wed, 28 Jul 2021 16:30:06 GMT

Bank of England keeps stimulus intact

Bank of England Monetary Policy Committee Member Gertjan Vlieghe has revealed that the central bank was set to keep monetary stimulus intact, during the next couple of quarters.

Wed, 28 Jul 2021 15:56:10 GMT

Boeing stock recovers on earnings call

At the start of Wednesday's US trading hours, the stock price of Boeing jumped by 5.39%. The jump was caused by the company revealing that in a period of two years the company had finally made profit.

Wed, 28 Jul 2021 14:30:06 GMT

Deutsche Bank announces earnings

Deutsche Bank revealed on Wednesday that despite a decline in trading revenue the bank had made larger than forecast profits during the prior quarter.

Wed, 28 Jul 2021 12:30:06 GMT

Santander beats profit estimate

On Wednesday, Santander announced that due to success in the US and the UK the company had beat its quarterly profit estimates.

Wed, 28 Jul 2021 10:30:06 GMT

Barclays pays out dividends

Barclays announced on Wednesday that the bank would pay more than $1 billion to investors, as profits had recovered during the last quarter.

Wed, 28 Jul 2021 08:13:33 GMT

Asian shares remain at low levels

On Wednesday, Asian stock indices fluctuated near 2021 low levels, as the markets expected the US Federal Reserve announcements at 18:00 GMT.

Wed, 28 Jul 2021 06:30:07 GMT

Federal Funds Rate on Wednesday

The top macroeconomic event, the publication of the US Federal Funds Rate, is scheduled for Wednesday at 18:00 GMT.

Tue, 27 Jul 2021 14:30:09 GMT

Industrial profits slow down in China

On Tuesday, Chinese statisticians revealed that industrial profits had declined in China in June due to higher raw material prices.

Tue, 27 Jul 2021 12:30:08 GMT

Amazon buys Indian media

Indian Express revealed on Tuesday that Amazon intends to buy up local film and media distributors in India.

Tue, 27 Jul 2021 09:08:54 GMT

Hong Kong 40 index extends losses

During Tuesday's Asian trading hours, the Hong Kong 40 index dropped by more than 6.00%, as a stock sell-off in Asia continued. Since July 22, the index had declined by more than 10.00%.

Tue, 27 Jul 2021 08:30:08 GMT

Tencent stock drops on Tuesday

During Tuesday's Asian trading hours, the stock price for Tencent, 0700.HK/HKD, dropped by 6.50% or 31.00 HKD. Moreover, the stock price extended a larger decline, which has been occurring since July 15. In total, the price has declined by 22.18%

Tue, 27 Jul 2021 07:56:12 GMT

Nestle and Starbucks extend partnership

On Tuesday, Nestle and Starbucks revealed that the companies would extend their partnership in producing ready-to-drink coffee. Moreover, the companies intend to expand their operations.

Tue, 27 Jul 2021 06:30:06 GMT

Federal Funds Rate on Wednesday

The top macroeconomic event, the publication of the US Federal Funds Rate, is scheduled for Wednesday at 18:00 GMT.

Mon, 26 Jul 2021 18:30:08 GMT

Armani sales recover

Armani revealed on Monday that in the last quarter its sales had increased by 34%, as a post-pandemic recovery was taking place.

Mon, 26 Jul 2021 17:11:52 GMT

Bitcoin jumps 12.00%

During Monday's trading, the price for Bitcoin gained more than 12.00%. Moreover, the cryptocurrency extended a surge, which started on July 21, bringing total gains to almost 35.00%

Mon, 26 Jul 2021 16:30:07 GMT

Philips stock hits low level

On Monday, the stock price of Philips hit a ten month low level. The decline was attributed to concerns about respiratory devices.

Mon, 26 Jul 2021 14:30:07 GMT

Federal Funds Rate on Wednesday

The top macroeconomic event, the publication of the US Federal Funds Rate, is scheduled for Wednesday at 18:00 GMT.

Mon, 26 Jul 2021 12:42:42 GMT

Binance stops margin trading

Binance announced on Monday that it would stop crypto margin trading against the Pound, Australian Dollar and the Euro.

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