LONDON (Reuters) – European stocks rebounded on Tuesday after a weak start, spreading optimism for the Asian session, and oil prices stabilized as investors looked for signs of an economic recovery in the second half of 2020. FILE PHOTO: The DAX chart of the German Stock Price Index is shown …
Read More »Micron, Uber, Jerome Powell, Covid-19: 5 things you should know
Here are five things to know for Tuesday, June 30: 1. – Mixed stock futures when Powell warns of uncertainty The future of stocks was mixed on Tuesday on the last trading day of the second quarter, as Federal Reserve chairman Jerome Powell warned that a rebound in the U.S. …
Read More »Wirecard to resume UK operations after FCA lifts restrictions
An employee displays the Wirecard AG online payment smartphone app at the company’s exhibition booth at the Noah Technology Conference in Berlin, Germany, Thursday, June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images Wirecard has received permission to conduct regulated activities in the UK again following a decision by …
Read More »Treasury pulls out when Fed Fed warns of prolonged uncertainty
US government debt prices rose Tuesday morning after Federal Reserve Chairman Jerome Powell emphasized the lingering uncertainty facing the US economy, as cases of Coronaviruses soar in numerous states. Around 2:05 am ET, the yield on the benchmark 10-year Treasury bond was 0.6283% lower and the yield on the 30-year …
Read More »Asia sources as China’s PMI, US data encourages markets concerned about coronavirus surge
TOKYO / NEW YORK (Reuters) – Asian stocks rose on Tuesday after data showed China’s manufacturing sector grew more than expected in June, a sign of hope for a global economy still struggling to recover from the impact of the coronavirus crisis. FILE PHOTO: A man in a protective mask …
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