Bloomberg Investors are gearing up for a potentially tumultuous European earnings season that may offer clues on whether the stock market’s rapid rebound since the start of the Covid-19 pandemic has been wise or foolish. The second-quarter reporting season kicks off this week with the likes of Volvo AB, Electrolux AB and Nordea Bank set to shed light on the ...

Bloomberg Similarities between a speculative frenzy that this month added more than $1 trillion in value to China’s stock market and 2014’s debt-fuelled binge left investors wondering if a new bubble was in the making. Familiar signs of euphoria emerged before Beijing moved to cool the rally. Turnover soared, margin debt grew at the fastest pace since 2015 and a ...

Bloomberg President Donald Trump said a phase two trade deal with China isn’t under consideration, saying the relationship between Washington and Beijing has deteriorated too much. “I don’t think about that,” Trump said when asked about the possibility of a second round of trade agreements with China. “The relationship with China has been severely damaged.” Trump’s comments — made to ...