Daily Market Comment – Euro flatlines but stocks lifted by vaccine and stimulus progress

Posted on July 21, 2020 at 8:50 am GMT

EU strikes compromise deal on a virus recovery fund but euro pares gains Positive vaccine headlines drive Nasdaq to record close as key earnings loom Win-win situation for gold as it climbs to 9-year highs Focus turns to talks on US fiscal package and Brexit; dollar sags but pound upbeat Europe gets its fiscal bazooka; euro pauses for breath European Union leaders ended a marathon summit on Tuesday with a classic fudge as a compromise deal that significantly waters down [..]


US airlines heading for an earnings crash; can bailouts save them? – Stock Market News

Posted on April 23, 2020 at 10:32 am GMT

US airlines will grab the earnings spotlight over the next week as they reveal the financial cost of the COVID-19 pandemic on their first quarter performance. Southwest Airlines will announce its results on Thursday before the market close, followed by American Airlines on Friday, also before the market close. United Airlines, which was due to release its earnings on Tuesday, has postponed its announcement to April 28. That has left the honours of being the first major carrier to post [..]

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