What to watch Nike: Attracting a lot of attention ahead of its Q4 results today is Nike as analysts flock to offer upbeat assessments of the share price. While the company’s stock tumbled with many others during the initial coronavirus outbreak, it has largely recovered all its losses in the subsequent rally and now hovers…
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The Executive Committee of the ABI has agreed on ten fundamental criteria to issue the digital euro. The Association stated in the published guidelines that it been studying in depth digital coins and crypto assets since last year. The ABI indicated that Italian banks have already been operating on a Distributed ledger technology (DLT) infrastructure…
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What to watch Winnebago Industries: One of the more intriguing companies reporting earnings this week is Winnebago, which will issue its latest quarterly results on Wednesday. The company’s stock, having initially taken a huge hit in the broader market sell-off due to production line shutdowns, is up 33.8% year-to-date, after a huge 194% rally over…
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Dukascopy Bank announced earlier this month the expansion of its arsenal of funding methods available to clients with the addition of Ether (ETH). The addition is the second 2nd crypto-currency after the bank launched Bitcoin (BTC) in October 2018. The cryptocurrencies can be used to deposit and withdraw funds from a trading account opened as…
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Key data points Bold indicates the most important releases for this symbol. Wednesday 24 June, 8.00 GMT: Ifo business climate (June) - consensus 85, previous 79.5 Thursday 25 June, 6.00 GMT: GfK consumer confidence (July) - consensus -12, previous -18.3 Gold-dollar, four-hour Gold has made gains in most of its pairs since the end of…
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EUROPEAN SHARES European stock indices opened significantly higher on Tuesday after Washington reassured investors on the state of the US’ relationship with China with President Trump stating the trade deal signed with Beijing in January was still “intact”. These few words were enough to offset recent uncertainty surrounding risk assets, reviving market sentiment and driving…
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What to watch IHS Markit: IHS Markit is a financial information firm headquartered in London, but listed on the Nasdaq exchange. Its share price is close to flat year-to-date, and up 23.1% over the past year, after a huge 61.4% rally during the last three months. The near $30bn market cap company reports its latest…
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Savannah Maziya is founder and executive chairperson of Bunengi Holdings Group. The company is one of Africa’s most prominent black female-owned investment groups. Amid the coronavirus pandemic, her company had to let 60,000 people go home. She brought in mental health practitioners because to help with the strain and growing worries of her employees. Maziya…
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What to watch US home sales: On Monday, existing home sale data for May will be released in the US, with a figure of 4.2 million anticipated, versus 4.3 million in April - a figure that was 18% lower than March’s number. New home sales data will then follow on Tuesday, with the pair of…
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EUROPEAN SHARES Shares slid lower in Europe on Monday following a mixed trading session in Asia overnight after new virus cases were spotted in Australia, the US and Germany during the weekend. Market sentiment remains uncertain towards risk assets as coronavirus fears continue to grow while volumes keep on decreasing as more and more traders…
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