News

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Fri, 30 Jul 2021 10:30:07 GMT

Dollar reaches low level

During Friday's early trading hours, the US Dollar index fluctuated near the 92.00 level, which was the lowest in July.

Fri, 30 Jul 2021 09:41:12 GMT

Crypto ends surge

On Friday, cryptocurrencies appeared to have ended their eight day surge, as BTC/USD ended Thursday's trading flat and declined by almost 4.00% on Friday.

Fri, 30 Jul 2021 08:30:08 GMT

Ethereum upgrade makes changes

On August 4, an upgrade to Ethereum is expected to alter supply and fix transaction fees. The markets compare the event to bitcoin "halving," which propelled the price of BTC higher.

Fri, 30 Jul 2021 06:19:33 GMT

Asian stocks decline

On the last day of July trading, Asian stock indices continued to decline, as the indices were expected to book the worst month since March 2020.

Thu, 29 Jul 2021 16:30:08 GMT

Airbus raises forecasts

On Thursday, the stock price of Airbus surged more than 4.00%, as the company announced better than forecast earnings and increased its delivery forecast for 2021.

Thu, 29 Jul 2021 14:30:06 GMT

Credit Suisse profits drop

Credit Suisse revealed on Thursday that the company's profits had dropped by 78% in the second quarter of 2021. The drop occurred due to the $5.5 billion loss caused by the Archegos incident.

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.

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