Apple reported strong earnings for the three months ending June 30 and Tuesday, July 27, and each of Apple’s major product lines grew more than 12% year-over-year. Apple sales are up 36% from the June quarter of last year, and iPhone sales are up nearly 50% year over year. Earnings …

The Nikkei index fell to its lowest level in nearly 6 months on Wednesday, July 28, as losses in the US stock market and concerns about the growing cases with the Coronavirus affected sentiment. The Nikkei index fell 1.39% to 27,581.66 points, close to its lowest level in about 6 …

Barclays announced second-quarter earnings on Wednesday, July 28, which amounted to 2.1 billion pounds, or about 2.9 billion dollars, compared to 90 million pounds in the second quarter of 2020. Analysts had expected a reported net profit of £1.7 billion in the three months to the end of June, according …

Deutsche Bank reported a total net profit of 692 million euros, or about $818 million, in the second quarter of this year, more than double what analysts had expected. The bank’s net profit for the second quarter was estimated to be in the region of 328 million euros, according to …

The Housing Price Index released by the US Federal Housing Finance Agency (FHFA) arrived at +1.7% in May following April’s increase of 1.8%. This reading fell short of the market expectation of 1.8%.

Durable Goods Orders in the United States rose by 0.8%, or $2.1 billion, to $257.6 billion in June, the data published by the US Census Bureau revealed on Tuesday. This reading came in weaker than the market expectation for an increase of 2.1% and followed May’s 3.2% expansion.

Data for the retail sector showed that British retailers slowed slightly in July after sales growth hit its highest level in nearly three years in June, the first full month after the reopening of non-essential stores that were closed due to the Coronavirus. The CBI sales volume index fell compared …

The dollar’s march towards a 3-1/2-month high was halted on Tuesday, July 27th as risk appetite weakened, while the Australian dollar suffered from further tightening of regulation in China. The dollar index recorded 92.73, approaching the highest level since early April, 93.19, which is recorded on July 21. The dollar …

Oil prices stabilized on Tuesday, July 27, as investors bet that tight supply and growing vaccination rates would ease demand from the rise in Covid-19 cases around the world. Brent crude futures were up one cent at $74.51 a barrel. And US intermediate crude contracts fell eight cents, or 0.1%, …

Shares in the Asia-Pacific region were mixed in trading Tuesday, July 27, as several major Chinese technology stocks in Hong Kong remained under pressure after falling on Monday. Hong Kong’s Hang Seng fell 4.64% in afternoon trade, after falling more than 4% on Monday on the back of regulatory concerns …