Better than expected reports from Apple, Facebook, Amazon, and Alphabet have failed to revive the dollar's fortunes.
Unfortunately, the US Senate couldn't arrive at a deal on fiscal stimulus, even though the US has experienced 18 consecutive weeks with initial jobless claims of more than 1,000,000.
Flash Eurozone PMI signals COVID-19 rebound in July as economies reopen from lockdowns. Rebounds seen in manufacturing and services.
After four days of intense negotiations, EU leaders have reached agreement on a €750 billion recovery fund to help repair the economic damage from COVID-19.
These are not numbers that are consistent with a robust rebound. In fact, they don't indicate very much of one at all.
European Union leaders agree to landmark relief package. Market expectations for U.S.
In the last ten years, American equities have outperformed European ones by a wide margin. Yet, in the current uncertain scenario, there may be good reasons to take exposure to European stocks.
China is insisting that the US close its Chengdu consulate office. As retaliatory measures for expelling China's consulate office in Houston, this seems like a moderate response.
U.S. and European labor markets have displayed strikingly different performance during the crisis.
After a period of intense debate and discussion over several days, European Union (EU) leaders finally reached an agreement on a €750 billion (US$858 billion) COVID-19 rescue plan.
This week, the EU announced a massive coronavirus bailout - featuring the first-ever common bond issuance - which marks the birth of a new integrated Europe.
EU leaders have closed in on a landmark recovery deal, but it may not turn out to be Europe’s “Hamilton moment.

Favoring Euro Stocks In Global Restart

08:10am, Tuesday, 21'st Jul 2020
We consider European stocks the most attractive regional exposure to a multispeed global restart, especially versus emerging markets outside of north Asia.
Jens Van 't Klooster is a postdoctoral fellow at KU Leuven and is also a member of the research group, A New Normative Framework for Financial Debt at the University of Amsterdam.
Research reveals that European central banks have prepared a new international gold standard. The U.S.
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