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Stock impact report

Traders Look Past Euro's Bounce for Parity as Soon as This Month [Yahoo! Finance]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg NYC's Subway Violence Deters Drive to Bring Workers Back to Office Can American Drivers Learn to Love Roundabouts? Don't Shrink the Bus Is This Weird Dome the Future of Watching Sports? NYC Congestion Pricing Takes Effect After Years of Delays That's likely to follow Donald Trump's inauguration later this month, according to strategists from banks including Bank of New York Mellon Corp. and Mizuho. The common currency has tumbled over 7% against the greenback since late September and last week touched $1.0226, its lowest level in over two years. Options markets imply around a 40% chance the currency pair will hit parity this quarter and trading of contracts that target that level surged last week. Markets are looking to the aftermath of Jan. 20, the day Trump is sworn in as president, for potential catalysts. BNY and Mizuho anticipate Europe will be a casualty of a potential trade war and that divergent growth expectations between the Europe a Show less Read more
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