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Insight - Wall Street forges a new relationship to data in Coronavirus age
ALTERNATIVE data has been a buzzword on Wall Street for years. Never has demand been greater than during the coronavirus era
Investors await BlackRock earnings to gauge industry
NEW YORK: Investors will watch next week’s earnings from BlackRock, the world’s largest asset manager, for a snapshot of how the industry performed during the second quarter’s dramatic rebound in global financial markets.
Investors await BlackRock earnings after blistering 2Q
NEW YORK: Investors will watch this week’s earnings from BlackRock, the world’s largest asset manager, for a snapshot of how the industry performed during the second quarter’s dramatic rebound in global financial markets.
Global Forex Market
THE US dollar depreciated by 0.49% to 97.60 due to resurgent coronavirus infections in the US, and the prospect of improving growth abroad, souring investors’ appeal on the dollar.
Asian stocks set to rise as focus swings to recovery prospects
NEW YORK: Asian stocks were expected to rise on Thursday, as hopes of a robust economic recovery offset concerns over flare-ups in the coronavirus pandemic, and as investors looked ahead to earnings season.
Fed policymakers worry growth plateauing
At least one pledging more support ahead from the bank
Inflow of foreign funds into debt markets surged in June
KUALA LUMPUR: The inflow of foreign funds into Malaysia’s debt securities rose to RM11.6bil in June, the fastest pace in over four years, Kenanga Investment Bank Research said.
Asian stocks set to follow US higher Tuesday
NEW YORK: Asian markets looked set to rise on Tuesday as investors weighed growing expectations of an economic rebound in China and a resurgent U.S. services industry, brushing off worries about a spike in U.S. coronavirus cases.
Fed balance sheet shrinks further
WASHINGTON: The U.S. Federal Reserve's massive stash of bonds and other assets slipped for a third straight week to its smallest size since mid-May, data released by the central bank on Thursday showed.