Tuesday, August 4th, today’s news—EU markets are down, British Petroleum cuts dividends for the first time since 2010, stock prices of Diageo and Bayer fall amid weak earnings reports. The US markets continue to rise led by tech corporations, while the dollar weakens, and Treasury yields fall. The price of …
Monday, August 3rd, today’s news—Spain's production activity rises following a strict, three-month lockdown. Oil prices fall amid the worries of oversupply as OPEC+ plans to wind back the output cuts. The price of Brent oil is $43.08, WTI—$39.75. EUR/USD is at 1.1778, GBP/USD—1.3106, gold is $1,979.55 per ounce. Read the …
Friday, July 31st, today’s news—US GDP in the second quarter drops by the record 32.9% on an annualized basis, dollar slumps, big tech futures rise. Europe is mixed: the euro had its best month in a decade, ECB plans to extend support until summer 2021, while biggest EU economies shrink …
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