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October 21, 2024
JPMorgan reports substantial downgrades in Q3 earnings
Third-quarter earnings downgrades have been substantial across major regions, with ongoing reductions noted in both the U.S. and Eurozone, according to JPMorgan strategists. These downgrades reflect increasing worries about slowing top-line growth and macroeconomic uncertainty. In a note released on Monday, the Wall Street firm stated that the earnings outlook
October 21, 2024
The dollar maintains its strength due to confidence in Trump, while the euro declines following the German PPI report.
On Monday, the U.S. dollar strengthened slightly, maintaining its recent momentum as the presidential election approaches and polls suggest a greater chance of former President Donald Trump winning. At 04:30 ET (08:30 GMT), the Dollar Index, which measures the dollar against a basket of six other currencies, rose by 0.2%
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