Funding the Recovery Plan, Budget Speech in Focus

2020-10-19

  South African Rand Analysis: The ZAR regained all of its lost ground after the announcement of the recovery plan USD/ZAR continues to oscillate around the 16.50 mark Focus shifts to the delayed Medium-Term Budget statement later this month which is set to reveal how the economic recovery plan isRead More →

Fed’s Kaplan worries economy’s recovery may be slowed if coronavirus health practices remain ‘uneven’

2020-06-14

MARKETWATCH FRONT PAGE Dallas Fed President Robert Kaplan said Sunday health-care procedures to combat the coronavirus were just as important as government funding for the nascent economic recovery and, to date, these efforts to reduce coronavirus infections have been “uneven.” See full story. Asymptomatic transmission of coronavirus appears to beRead More →

Wall Street gains on Boeing, recovery hopes By Reuters

2020-06-03

© Reuters. The spread of the coronavirus disease (COVID-19) in New York By Shreyashi Sanyal and Devik Jain (Reuters) – A jump in Boeing shares lifted Wall Street on Wednesday, with investors remaining optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest in the country. BoeingRead More →

Chip-equipment companies suggest a recovery is on the way

2019-10-31

Companies that sell equipment to make semiconductors are showing strong gains in earnings and on Wall Street, suggesting that they are seeing the earliest signs of a recovery in the beleaguered sector. KLA Corp. KLAC, -2.27%  reported adjusted fiscal first-quarter earnings of $2.48 a share on revenue of $1.41 billionRead More →