Euro slips as PMIs signals gloomy outlook; yuan tanks [CNBC]
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
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Source: CNBC
Euro slips as PMIs signals gloomy outlook; yuan tanks Mohamed Abd El Ghany | Reuters The euro fell on Thursday, heading towards a three-week low, as an uptick in euro zone business growth was offset by another decline in China's currency. Euro zone business growth picked up in August, as services expanded and manufacturing contracted at a slower pace. But trade war fears knocked future expectations to their weakest in over six years, a survey showed. "Though the eurozone PMI data was slightly better than expected, it is fairly gloomy stuff and there is some degree of concern among investors about the Chinese yuan's decline," said Neil Mellor, a senior FX strategist at BNY Mellon in London. Investors also sold Asian currencies after the Chinese yuan fell to a 11-year low against the dollar, indicating trade tension between the world's two biggest economies remained a major issue. Against the dollar, the yen advanced by 0.3% to 106.29 yen, nearing last week's eight-month low of 105.05 y
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BK
Earnings
- 4/16/24 - Beat
BK
Sec Filings
- 4/18/24 - Form 144
- 4/18/24 - Form NPORT-P
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- BK's page on the SEC website