U.S. equity futures rise after U.S.-EU trade deal; pivotal week ahead

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China’s coffee-drinking market is turning out to be an interesting brew and the latest quarterly results from local chain Luckin Coffee and international franchise Starbucks offer a fascinating glimpse into the evolving landscape. Both companies announced their results on April 30, providing a good rear-view mirror comparison of their performances and market strategies. Luckin Coffee’s…

This article was written by Follow Andrew McElroy is Chief Analyst at Matrixtrade, author of the ebook ‘Fractal Market Mastery’ and producer of the ‘Daily Edge.’ The ‘Daily Edge’ is emailed before each US session and outlines actionable ideas, directional bias, and important levels in the S&P500. It also looks at ‘What’s Hot,’ on any…

Source: Business Standard Source link

BERLIN (Reuters) – Volkswagen (ETR:) workers will go on warning strikes on Monday at plants across Germany, labour union IG Metall said, marking the first large-scale walkouts at Volkswagen’s domestic operations since 2018. The start of the strikes represents a further escalation of a dispute between Europe’s top carmaker and its workers over mass layoffs,…