Page 2 - யூரோப் இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Analysis-Back with a bang, share buybacks offer boost for Europe Inc
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Analysis-Back with a bang, share buybacks offer boost for Europe Inc
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Article content
Bond markets however seem to be telling a radically different story. Treasury yields are struggling below 1.20%, even after some reassuring factory orders data.
Upcoming data could test this diverging trend. In focus now is the U.S. ADP employment survey, which will set the stage for Friday’s payrolls the last set of labor figures the Fed will see before Jackson Hole, where some expect a tapering signal.
The earnings season meantime continues to deliver. And how! Q2 profits at Europe Inc are now seen growing at 140% year-on-year the highest rate ever while corporate America is set for a 90% surge.
(Refiles to fix chart, no changes to text)
FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo
A look at the day ahead from Danilo Masoni.
Equity markets continue to rally as if there were no tomorrow, shrugging off COVID-19 and signs of slowing economic growth. Wall Street notched another record high and so did Europe on Tuesday, while in Asia, even COVID-battered India saw stock markets scale a lifetime peak.
A bounce in Chinese tech stocks was another reason to cheer as the dust settled on the “spiritual opium” attack on the video game industry. Tencent’s which lost $60 billion off its market cap on Tuesday has recovered around 3%.
Marketmind: A step closer to Fed taper, quelle surprise! - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.