Daily Briefing: - Europe awaits Trump's decision on whether to impose tariffs on imported cars, auto parts - Brexit talks about to fail as UK PM Theresa May's premiership fades - Swiss to vote on tightening weapons ownership laws in line with EU
Of the S&P 500 companies, about 75% so far have beaten profit expectations, according to Refinitiv data. All that helped lift U.S. bond yields, especially aftersuggested the bank is in no hurry to cut interest rates. But 10-year yields, which rose back to 2.40% percent last night, have slipped back this morning.
On currencies, we saw the dollar gain, boosting it to two- week highs, though it is showing signs of pulling back. The week’s worst performers include sterling, down 1.6% for the week, and the Aussie, which has lost 1.5% — one a victim of Brexit politics and the other of trade war/rate cut expectations.
The data front looks a bit light today — euro zone final inflation could be revised higher and U.S. consumer confidence may be interesting after last week’s dismal retail sales figures.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Daily Briefing: Trade headwinds from U.S.-China row alarm EuropeDaily Briefing: - U.S. increases tariffs on Chinese goods - U.S.-China trade spat is biggest threat to world growth - French finance minister - European Union intends to keep agriculture off the trade talks agenda - EU commissioner
Read more »
Daily Briefing: Brexit talks are road to nowhere, May toldDaily Briefing: - Pressure grows on UK PM Theresa May to ditch Brexit talks with opposition Labour - Trump welcomes Hungary's Orban, praising his anti-immigrant stance - U.S.-China tariff war pressures world stocks
Read more »
Winklevoss Twins' Crypto Allies, Superyachts Dock in Cannes, Richard Branson's Launchpad: Your Daily Dozen Briefing
Read more »
Daily Briefing: Germany returns to growth, for nowDaily Briefing: - Germany’s economy returns to growth after six months of stagnation - UK PM to bring Brexit deal back to parliament in week beginning June 3 - Candidates for the presidency of the EU Commission to take part in a live debate
Read more »
Daily Briefing: As EU vote nears, White House welcomes OrbanDaily Briefing: - Republicans and Democrats concerned about Hungary's Orban ahead of U.S. visit - Theresa May’s Conservatives slump to fifth place in an opinion poll ahead of EU election - U.S. and China appear deadlocked over trade
Read more »
Tesla's Trouble In China, Google Maps' India Play, Facebook's Alumni Network: Your Daily Dozen Briefing
Read more »
Florida Radio Stations To Broadcast Trump Speeches Daily Until 2020 ElectionDonald Trump likely benefited from free airtime in the 2016 presidentialelection, data shows, and that's exactly what one Florida radio station owneris hoping to dangle for attention
Read more »
Analysis | The Finance 202: Trump dashes hopes of trade peace with China, Europe and JapanAnalysis: Trump dashes hopes of trade peace with China, Europe and Japan
Read more »
Democrats looking at imposing daily contempt fines on Trump officials, Rep. Adam Schiff saysDemocrats looking at imposing daily contempt fines on Trump officials, Rep. Adam Schiff says originally appeared on abcnews.go.comRep. Adam Schiff, D-Calif., said on Friday that House Democrats are considering fines on Trump administration officials in order to enforce contempt actions.He said Democrats
Read more »