On Tuesday JPMorgan Chase reported second-quarter profit and revenue that exceeded analysts’ expectations, as the company released money set aside for loan losses.
Goldman Sachs’s earnings were also buoyant as they were propelled by strong performance in investment banking.
In addition, they also posted the second-highest revenue quarter ever, behind the first quarter of 2021.
Timestamps:
- #JPM 02:00
- #GS 03:35
Test your strategy on how the USD will fare with Orbex – Open Your Account Now.
Source: https://www.orbex.com/blog/en/2021/07/stockwatch-us-banks-earnings-boost
More from Orbex Forex Trading Blog
The Markets in Waves: DXY, EURUSD, GBPUSD, USOIL & SXP500!
Source Node: 873033
Time Stamp: May 24, 2021
Intraday Market Analysis – GBP Looks for Breakout Catalyst
Source Node: 873031
Time Stamp: May 24, 2021
The Markets in Waves: DXY, US OIL, GOLD, NAT GAS & APPLE!
Source Node: 1864167
Time Stamp: Aug 13, 2021