The second quarter earnings season saw 50% of results beating analysts' forecasts and only 20% missing.
This results season has been especially convincing as the euro has recently strengthened significantly against other major currencies. Encouragingly, the manufacturing PMI rose during August (yet again)...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash