5 min
Financial Market News 28.08.2020 Stocks & FX Yang FX & Stocks
-
- Investing
DAX futures contract in Germany traded 0.5% higher, the FTSE 100 futures contract in the U.K. rose 0.4%, while CAC 40 futures in France climbed 0.3%.
Norwegian Air Shuttle (OL:NORR) is likely to be in focus Friday after it warned that there is "significant" doubt over its ability to continue as a going concern if it can't meet its financial obligations next year.
Sanofi (PA:SASY) said Friday that it intends to start a tender offer for the acquisition of U.S.-based biopharmaceutical company Principia Biopharma (NASDAQ:PRNB).
U.S. crude futures traded flat at $43.05 a barrel, while the international benchmark Brent contract rose 0.1% to $45.65. Gold futures rose 0.9% to $1,949.50/oz.
GBP/USD defies the previous day’s pullback from yearly high of 1.3284, stays bid near intraday top.
Brexit woes, surge in virus cases at home mostly ignored as US dollar trims Thursday’s gains.
BOE’s Bailey to be the second key central banker at Jackson Hole after Fed’s Powell played well.
EUR/USD is still expected to navigate within the 1.1740-1.1930 range for the time being.
Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.4% at 92.653.
DAX futures contract in Germany traded 0.5% higher, the FTSE 100 futures contract in the U.K. rose 0.4%, while CAC 40 futures in France climbed 0.3%.
Norwegian Air Shuttle (OL:NORR) is likely to be in focus Friday after it warned that there is "significant" doubt over its ability to continue as a going concern if it can't meet its financial obligations next year.
Sanofi (PA:SASY) said Friday that it intends to start a tender offer for the acquisition of U.S.-based biopharmaceutical company Principia Biopharma (NASDAQ:PRNB).
U.S. crude futures traded flat at $43.05 a barrel, while the international benchmark Brent contract rose 0.1% to $45.65. Gold futures rose 0.9% to $1,949.50/oz.
GBP/USD defies the previous day’s pullback from yearly high of 1.3284, stays bid near intraday top.
Brexit woes, surge in virus cases at home mostly ignored as US dollar trims Thursday’s gains.
BOE’s Bailey to be the second key central banker at Jackson Hole after Fed’s Powell played well.
EUR/USD is still expected to navigate within the 1.1740-1.1930 range for the time being.
Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.4% at 92.653.
5 min