The period of quarterly corporate reporting began in the US and Europe last week. This time, analysts are watching the numbers especially closely. Companies are reporting for the second quarter, which saw the peak of restrictive and quarantine measures in many countries due to the COVID-19 pandemic. The largest American banks were among the first to open the corporate reporting season for the...

Threat of the second wave of the novel coronavirus will not prevent recovery of the global economy, according to major international investors. However, the difficult epidemiological situation in the world and the lack of a vaccine can lead to a slower exit from the recession in the first half of the year. Therefore, managers are increasing their shares of cash in portfolios, and also change...

The price of silver updated a ten-month high, gaining a foothold above the level of $ 19 per ounce. The rise in prices is associated with a weakening US dollar, rising inflation expectations, as well as industrial demand, in particular from the green energy sector. In such conditions, investors are actively increasing investments in index funds, whose assets have updated a multi-year maximum of...

World oil prices are showing a decline as news about OPEC + production plans are holding traders back, according to trading data. The price of September futures for the North Sea Brent brand oil mix fell by 0.67% to $ 42.95 per barrel. August futures for WTI crude oil fell 0.69% to $ 40.27 per barrel. Earlier, the Wall Street Journal reported possible intention of OPEC+ to start increasing oil...

Last week was marked by record investments in the funds of China. The total flow exceeded $ 6.1 billion, which is the highest figure since 2015. The rapid economic recovery, expected annual GDP growth, as well as the authorities’ policy prompting investments in the stock market provoked an increase in interest from international investors. This may support markets of other developing countries....

Gold prices rapidly surpassed the level of $ 1800 per troy ounce on the world market; the quotations have grown by more than 20% since beginning of the year. The risks of the second wave of coronavirus, the aggravation of relations between the USA and China, as well as large-scale monetary recharge of developed economies spurred demand. According to Reuters, on Wednesday July 8, gold quotes on...

A fifth of those companies whose ratings are calculated by Standard & Poor’s agency have already faced their decline. Moreover, as analysts at the agency warn, the impact of the COVID-19 pandemic on creditworthiness will be felt in individual sectors until 2023 and will lead to a marked increase in the number of bankruptcies. At the same time, it will be increasingly difficult for central...

The Competition and Markets Authority (CMA) of Great Britain has published its proposals for “introducing a new regulatory regime that promotes competition to tackle Google’s and Facebook’s market dominance.” Among other things, the watchdog proposed creation of a new department for digital markets, which will primarily regulate the online advertising market. In addition, CMA wants to draw up a...

International investors have significantly reduced their interest in risky assets. Over the past week, the net outflow of funds from equity funds of developed countries amounted to $ 4.6 billion, from emerging markets funds - $ 2.6 billion. Investors are reducing investments in commodity funds focused on investments in oil, amid growing risks of a slowdown in the global economy due to a sharp...