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ASOS plc says its pre-tax profit more than tripled in fiscal H1
- ASOS plc says its pre-tax profit more than tripled in fiscal H1.
- The British online retailer reports £1.98 billion of revenue.
- ASOS plc keeps its guidance for the second half unchanged.
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EUR/USD moves higher as EU approves 540 billion euros in virus stimulus
EUR/USD has gained around 1.3% this week as the Eurozone finally managed to approve a 540 billion euros stimulus package to fight the consequences of the COVID-19 outbreak and national lockdowns. Fundamental analysis: Agreement reached, investors not convincedOn late Thursday night, EU finance ministers clapped via the video link, as they…
April 10, 2020
The UK housing market and coronavirus: The chances of recovery in 2020
With stock markets crashing all over the world due to the coronavirus pandemic, there are fears that the UK housing marketing could also be badly hit. To understand the chance of this happening, we need to look at the current situation and what might happen next.The situation before MarchThe country’s…
April 3, 2020
EUR/USD Explodes Higher Despite the EU’s Struggles On Coronavirus Budget
EUR/USD has gained nearly 1.5% higher today in another extremely volatile trading day. The EUR bulls have managed to push the price higher on broader USD weakness, despite the Brussels struggles to come up with a unified approach in dealing with the economic fallout amid the coronavirus outbreak. Fundamental…
March 26, 2020