In today’s briefing:
- Ohayo Japan | US Hols; EU Equities Higher
- 8 Fascinating Reporting Season Details
Ohayo Japan | US Hols; EU Equities Higher
- European equities extended gains on Monday, with the Eurozone’s Stoxx 50 rising 0.3%, its highest since mid-July, and the Stoxx 600 closing flat at a record high of 525.
- Japanese corporate capital expenditure increased 7.4% year-on-year in Q2, supporting expectations of domestic-led economic recovery
- Yamaha announced a share buyback of up to 14 billion yen, acquiring up to 6 million shares (3.7% of issued shares)
8 Fascinating Reporting Season Details
- Rio Tinto discusses the challenges of M&A deals and the need for synergies to exceed the premium paid.
- Glencore CEO talks about the oversupply in cobalt and copper, but sees potential for upside in pricing as demand grows and supply steadies.
- Mining companies navigating complex market dynamics and strategic decisions amidst changing commodity prices.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.