Yang FX & Stocks

Financial Market News 31.07.2020 Stocks & FX


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DAX futures contract in Germany traded 1.6% lower, FTSE 100 futures contract in the U.K. rose 0.1%, while CAC 40 futures in France fell 0.2%.BNP Paribas (PA:BNPP) set aside 1.45 billion euros ($1.72 billion) in the second quarter to cover credit losses.Swiss Re (SIX:SRENH) posted a net loss of $1.14 billion, hit by coronavirus-related claims.EssilorLuxottica (PA:ESLX) reported a loss of 412 million euros.U.S. crude futures traded 0.6% higher at $40.15 a barrel, while the international benchmark Brent contract rose 0.6% to $43.51. GBP/USD rises to 1.3130, up 0.26% on a day, and is on course for the five-year resistance line at 1.3175. EUR/USD pair is trading at 1.1892 at press time, having put in a 25-month high of 1.1905 earlier on the day.Dollar Index was down 0.4% at 92.648, having fallen as low as 92.523, a new two-year low.
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Yang FX & StocksBy yangfx