While revenue and earnings per share for the majority beat market expectations and consensus, digging a little deeper we can see these results reflect strong growth in investment-banking fees and trading revenues.
Global stock markets and U.S. futures traded higher this morning despite President Donald Trump demanding Congress to increase it’s $900 million U.S. economic aid plan, calling the relief package unsuitable. Overnight, however, the S&P 500 lost 0.2% as Trump urged political leaders to increase payments to the public since the […]
Global markets were strangely high on Tuesday morning despite it being a fragmented trading week and a somewhat subdued market. Futures (large caps, small caps, mid caps, techs and blue chips) are also up across the board… Why is that? I believe the markets are trying to rally ahead of […]