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"We have seen a record net income for the first half of the year," Commerzbank Chief Executive Officer Bettina Orlopp says, adding that results show the bank is able to deliver "despite all turbulences there might be out there." She also comments on the relationship with UniCredit, buybacks and shareholder value. (Source: Bloomberg)
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The USD/CAD pair USD/CAD holds steady around 1.4015 during the early European trading hours on Thursday. Traders await a possible US-Iran deal, which could give direction to the pair.
The Euro (EUR) remains practically flat against the US Dollar (USD) at the European session opening times on Thursday, with the EUR/USD pair holding gains at the 1.1550 area after rallying about 1.6%…
Siemens AG disappointed investors hoping that it would show a bigger benefit from a surge in data center spending that prompted a second increase in its earnings outlook this year.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD extended modest gains to close at 1.1551, with mild upward momentum still intact.
MCX Gold has breached from its consolidation and is heading toward the recent swing highs, pointing to an intermediate bullish move underway.
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Avril Hong and David Ingles give global…