Forex Trading Circle

Top Stories

• IPO Report: Quicken Loans is going public: 5 things to know about the mortgage lender 8th July 2020
  Quicken has been the largest mortgage lender in the U.S. since 2018.
• Slack, Microsoft, Zoom are upping the ante in virtual meeting wars 8th July 2020
  In short order, Slack made a rare acquisition, Microsoft Teams dressed up Teams service, and Zoom is getting into the hardware business.
• Kleenex and Huggies parent Kimberly-Clark aims to halve its environmental footprint within the next decade 8th July 2020
  Consumer products giant Kimberly-Clark has updated its sustainability plan, now aiming to reduce its plastics, water and natural forests footprints 50% by 2030.
• Economic Report: Consumer credit fell at a slower 5.3% in May as the economy began to recover 8th July 2020
  Consumer borrowing fell at a slower 5.3% annual pace in May after a much larger decline in April, as the economy began to recovery from the deepest downturn in American history
• Will Vanguard step on the SPDR? This technology ETF just dethroned the industry leader 8th July 2020
  In one S&P 500 sector fund category, Vanguard’s assets just topped those of the industry titan, State Street Global Advisors’ SPDR suite.
• Currencies: ‘The idea sounds relatively ludicrous’...Why currency analysts don’t believe Trump administration will pursue a proposal to undermine Hong Kong dollar peg 8th July 2020
  A proposal reportedly under consideration by U.S. officials that would take aim at the Hong Kong dollar’s peg to the U.S. currency is being met with disbelief by economists and currency traders. Here’s why.