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Stock impact report

Take Five: Black Friday shoppers to Brexit wreckage, world markets themes for the week ahead [Reuters]

JC PENNEY (JCP) 
Last jc penney earnings: 2/27 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jcpenney.com
Company Research Source: Reuters
Take Five: Black Friday shoppers to Brexit wreckage, world markets themes for the week ahead | Reuters 7 Min Read (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. Prime Minister Theresa May’s long-awaited Brexit deal triggered a wave of ministerial resignations that has rocked her government and financial markets and raised chances of a snap election. The pound took the hardest beating. Traders who had hung back from big sterling bets for much of 2018 rushed to sell it, fuelling its biggest daily drop against the euro since 2016. Gilt yields tumbled too and the FTSE index, which usually rises when sterling falls, lost that inverse correlation and closed flat after Thursday’s mayhem. One-month implied volatility on sterling — basically a gauge of how much traders expect it to swing in a given period — has climbed to over 15 percent. Not only is that double the volatility of the eur Show less Read more
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