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Now GM floats the boat- check out US S+P futures now
The Q2 results from the US motor manufacturing giant, General Motors have also now been released and it has been a very good report from them. GM smashed it out of the park, with a significant beat on EPS and revenue. So, it seems the less than stellar results from UPS have now been consigned to the can of forgotten memories, when it comes to US stock market futures reactions. The S+P 500 futures are now in the green and pushing higher. In fact, the Dow Jones futures are now in the green too, as are the Nasdaq 100. GM adjusted EPS $3.06 ($2.75 expected) and revenue was $47.97 billion versus $45.46 forecast. we shall see if these reactions last into the US opening
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EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
