Month: January 2021

What you need to know on Monday, February 1: Investors attention was diverted away from the FX board, amid turmoil in equities. The American dollar benefited from a dismal market mood but traded within familiar levels against its European rivals. Commodity-linked currencies and the JPY were the most affected by risk-aversion. Gamestop shares soared amid
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That puts an end to Western Australia’s 10-month coronavirus-free streak This comes as the security guard working at the hotel – which serves as a quarantine facility for inbound travelers – tested positive for COVID-19 with fears it could be a UK or South African variant. Western Australia premier, Mark McGowan, said that: “Beginning at
Billionaire restaurateur and casino operator Tilman Fertitta told CNBC on Tuesday he expects strong consumer spending to fuel the U.S. economic recovery from the coronavirus pandemic. “The consumer is coming back. I’m telling you, where we can do business, we are doing business,” the Landry’s chairman and chief executive said on “Power Lunch.” “This is
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks is expected to report its fiscal first-quarter earnings after the bell Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 55 cents expected Revenue: $6.93 billion expected At the coffee giant’s investor day in December, CFO Pat Grismer reiterated the company’s
China’s China’s National Bureau of Statistics (NBS) official survey PMIs  Manufacturing 51.3Non-manufacturing 52.4Composite 52.8  prior 55.1 The PMI index of manufacturing sentiment hit a 38-month high of 52.1 in November last year. Its been above 50, and in ‘expansion’ for most of 2020 despite the pandemic impact. China’s policy of “internal circulation” (in a nutshell business