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$CME's foreign exchange contract volumes rose in 2Q15 due to quantitative easing and debt concerns in Europe, global economic uncertainty and geopolitical events in 1H15. These factors led to rises in exchange rate volatility across all major currencies, which resulted in higher contract volumes. Higher USD further resulted in higher volatility.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.