The strong monetary policy response of the European Central Bank to the coronavirus pandemic and the prospect of a fiscal union have eliminated historical tail risks for the euro currency, according to Sam Zief, global head of currency strategy at JPMorgan Private Bank. JPMorgan has recently updated its common currency …
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A woman walks past the New York Stock Exchange (NYSE) on July 13, 2020 on Wall Street in New York City. Johannes Eisele | fake pictures These are the companies that appear in the headlines of the trade at noon: Morgan Stanley – The bank’s shares rose 4% after it …
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VCG / Getty Global stocks plummeted on Thursday when China released mixed data showing some growth, but its retail sales failed to climb into positive territory. China’s Shanghai Benchmark Composite Index fell 4.5%, while Hong Kong’s Hang Seng Index fell 2.1%. European markets fell before a European Central Bank meeting …
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Warren Buffett. Gerald Miller | CNBC An off-brand move to build up in Apple stock could have been Warren Buffett’s biggest trade. Berkshire Hathaway’s stake in Apple, which has claimed 40% of its share portfolio, has increased a whopping $ 40 billion since the market bottom in March. The investment …
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Text size Another day, another touch of technology. The Nasdaq Composite has been outperforming the rest of the market this year, but the preference for the heavy tech index appears to have ended this week. Shortly after Thursday’s opening, the Nasdaq Composite fell 1%, while the S&P 500 and Dow …
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