Tag Archives: central bank

Oil prices fell and the Federal Reserve offered investors clarity on its plan to tame inflation, triggering a rally that pushed stocks to their best week in more than a year. The S&P 500 rose 1.2% on Friday, its fourth straight day of gains, taking its rise for the week …

Market overview • Continuing US Unemployment Claims 1,476,000, 1,475,000 forecast, 1,476,000 previous • US jobless claims over 4 weeks average 230.50K, previous 236.25K • US Initial Unemployment Claims 230.50K, 226,000 forecast, 232,000 previous • US Unit Labor Costs (QoQ) (Q4) 0.9%, 0.3% forecast, 0.3% prior • US Feb Markit Composite …

President Biden strongly condemned the Russian invasion of Ukraine during his annual report State of the Union Address Tuesday. Here are some excerpts from his prepared remarks, as released by the White House. PRESIDENT BIDEN: Six days ago, Russian Vladimir Putin sought to shake the foundations of the free world …

Canada’s main stock index opened lower on Monday as tougher Western sanctions imposed over the weekend impacted global financial markets, although gains in commodity-related stocks limited the loss. The TSX Composite started the week down 76.99 points at 21,029.01 TD Securities resumed coverage of Centerra Gold with …

U.S. stocks closed lower on Friday, with all three major benchmarks posting a second week of losses, as investors watched developments between Russia and Ukraine amid war fears. How have stock indices performed? The Dow Jones Industrial Average DJIA, -0.68% fell 232.85 points, or 0.7%, to close at 34,079.18. S&P …

(Bloomberg) – The spreading global bond rout is sparking a debate on Wall Street over whether investors will demand to be paid to lend to the US government as they once did. Bloomberg’s Most Read Even with inflation at its highest in decades, traders still receive no compensation for buying …

Shares on Wall Street rose on Wednesday as traders shrugged off worries about impending rate hikes to focus on a batch of strong earnings from tech companies. The tech-heavy Nasdaq Composite gauge added 0.9% in early trading in New York, while the broader S&P 500 index gained 0.6%. The moves …

Citing high inflation and a strong labor market, the Federal Reserve (Fed) said Wednesday that an interest rate hike “will soon be appropriate.” The central bank is under pressure to rein in inflation as prices in the United States rise at the fastest pace in nearly 40 years. Analysts are …

Markets Calm has returned to European stock markets after a manic Monday. EU stock exchanges recover a modest 0.4 to 1% of the losses which reached more than 4%. US stocks are less fortunate. Yesterday’s end-of-session reversal turned out to be partially futile. Wall Street opens with losses of up …

(ATTN: ADDS bond yields bottom, photo) SEOUL, 25 Jan. (Yonhap) — South Korean stocks fell to a near 14-month low on Tuesday as investors braced for hawkish comments from the U.S. Federal Reserve. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) plunged …

As the stock market has fallen and bond yields have surged in recent weeks, culminating in a so-called correction in the Nasdaq Composite Index, average Americans are wondering what’s wrong with Wall Street. Increasingly, Google searches have focused on the state of the market (and the economy), and for good …

On Friday, the gauges for U.S. stocks ended sharply lower, capping a weak week for investors, highlighted by the biggest weekly drop in the S&P 500 and the tech-laden Nasdaq Composite since March 2020. How are stock indices traded? The S&P 500 SPX, -1.89% fell 84.79 points, or 1.9%, to …

India’s Future Group plans to challenge its own lenders in the Supreme Court to avoid being named defaulter over missing payments, citing its ongoing dispute with partner Amazon.com Inc, three sources told Reuters on Thursday. Future, the country’s second-largest retailer, has failed since 2020 to complete its $3.4 billion sale …

By ELAINE KURTENBACH BANGKOK (AP) — Asian stocks fell on Friday after a retreat on Wall Street that left the Nasdaq composite down 2.5%. Tokyo fell nearly 2% but recovered some ground later in the session. Hong Kong, Shanghai and Seoul were also down. China reported its world trade surplus …

Employment in the United States grew by 199,000 less than expected last month due to the impact of a resurgent pandemic, well below the 400,000 predicted by economists, but data for November has been revised on the rise. The unemployment rate fell to 3.9%, underscoring tighter labor market conditions. “Today’s …

Mainland China’s stock market ended lower for the second consecutive session on Wednesday, Jan.5, 2022, weighed down by the drop in tech stocks following concerns over new regulations after Beijing passed new rules that tighten controls on technology company listings and overseas activities, while prohibiting unreasonable price discrimination based on …

Major U.S. stock indexes closed lower on Friday as risk appetite waned on New Years Eve, but the S&P 500, Dow Jones Industrial Average and Nasdaq Composite all ended the month, quarter and the year with gains despite the pandemic. Read: Is the US stock market closed on Friday for …

The increasing use of technology has led to a radical change in traditional finance, and no country wants to be left behind The banking industry of the future could not have been welcomed sooner once humanity was plagued by covid-19 and the plethora of daily restrictions that came with it. …

The main American indices end up; FANGs, fleas outperform Energy leads the winners in the S&P sector; weakest group of utilities Dollar, gold ~ flat; gross bitcoin rally The 10-year US Treasury yield is ~ 1.478% December 21 – Welcome home for real-time market coverage presented by reporters at Reuters. …

A currency trader monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images SINGAPORE – Asia-Pacific markets traded mostly lower on Friday, following overnight losses on Wall Street as investors assessed the monetary policy decisions of …

* The Canadian dollar weakens 0.2% against the greenback * Hit the lowest level since September 20 at 1.2886 * Canada’s annual inflation rate remains at 4.7% in November * The price of US oil drops 0.7% By Fergal Smith TORONTO, Dec. 15 (Reuters) – The Canadian dollar weakened to …

The rally in global equities will be tested as traders expect more volatility until there is more clarity on the omicron variant’s threat to the economy, and ahead of the inflation numbers at US consumption this week and a Federal Reserve meeting next week that could provide clues on the …

U.S. stock indices ended lower on Friday, abandoning strong opening gains and posting another week of losses, as investors reassessed a weaker-than-expected November jobs report as unlikely to stay in hand from a Federal Reserve which seems to want to control inflation. How Do Stock Indices Trade? The Dow Jones …

The Tim logo can be seen at its headquarters in Rome, Italy on November 22, 2021. REUTERS / Yara Nard Register now for FREE and unlimited access to reuters.com Register now TIM Brazil boss Labriola appointed CEO KKR filed a $ 12 billion proposal to privatize TIM Under fire from …

In its latest position paper, the Australian’s Future Fund describes its approach to investing in a new investment landscape characterized by the end of 60:40 portfolios, inflation, declining corporate profits and climate change, among others. Australian’s Future Fund, the $ 245.8 sovereign wealth fund, plans to increase its structural risk …

In the United States, allegedly transitory price adjustments have become pervasive and a major inflationary shock is now imminent. But despite flashing warning signs, the Federal Reserve remains committed to a monetary policy strategy born from the past of low inflation. 23 November 2021 | Stephen S. Roach The debate …

Meet the force behind TINA – the popular acronym among traders for the idea that “there is no alternative” to stocks. Real, or inflation-adjusted, yields on safe government bonds have remained consistently negative despite rising inflation, contributing to continued demand from yield-hungry investors for stocks and other assets perceived to …

The pound hit its strongest point against the euro since February 2020 on Wednesday after British inflation hit its highest level in nearly a decade last month. The pound rose 0.5% against the euro to over € 1.19, bringing it to its best week against the common currency since January …

Nov 16, 2021 (Investorideas.com Newswire) Gold has rallied on the change in rhetoric about inflation, and Biden’s infrastructure plan can only add to the inflationary pressure. Are the huge prices advancing? I have a little quiz for you! What should the government do to bring inflation down to its highest …

It’s time to recap The UK will suffer from choppy growth, rising inflation and widening income inequality over the coming months, warned the economic think tank NIESR. Rising prices, increasing taxes and a likely increase in interest rates will hurt families and push them further into poverty. The NIESR also …

Asian stocks rose on Thursday, boosted by the US Federal Reserve’s announcement to end the extraordinary aid to the economy it has been providing since the early days of the pandemic. Japan’s benchmark Nikkei 225 gained 0.7% in afternoon trading to 29,729.44. South Korea’s Kospi added 0.2% to 2,982.96. The …

Wall Street closed a choppy trading day on Friday with modest gains for stocks, pushing major indices to all-time highs. The latest milestones punctuated the best month for the entire market in nearly a year, as investors balanced encouraging growth in corporate earnings with concerns over rising inflation and disruption …

Meanwhile, the benchmark 10-year bond yield 6.10% -2031 came in at 6.3670%. Sensex recorded its biggest one-day crash in more than six months, falling 1,159 points on Thursday amid concerns over tighter central bank liquidity and stretched valuations. While Sensex plunged 1,158.63 points to close at 59,984.70, Nifty lost 353.70 …

Wall Street stocks hovered in a narrow range on Wednesday, after the S&P 500 index hit a new high in the previous day’s session. The blue-chip stock index was flat in the early afternoon in New York. It has climbed 24% since early January, helped by a flurry of strong …

October 26, 2021 (Investorideas.com Newswire) Inflation concerns escalated, gold started to rally on Friday … then Powell arrived, spoiling the party and killing the bullish mood. Friday (October 22, 2021) has started wonderfully for the yellow metal. Gold has been appreciating since early in the morning and even surpassed $ …

TOKYO (AP) – Asian stocks were mostly higher on Tuesday after another rally to an all-time high on Wall Street. Stocks rose broadly, with companies releasing much stronger summer earnings reports than analysts had expected. Historically low interest rates, along with strong corporate earnings growth, have helped the S&P 500 …

America and Australia: while the Securities and Exchange Commission of the first [SEC] filed a complaint against blockchain company Ripple, the latter country using Ripple’s information in a government report. The Australian Senate report “Select Committee on Australia as a Technology and Financial Center” examined various aspects of FinTech development …

The central bank’s global cooperative organization views stablecoins in the context of international standards for payment, clearing and settlement systems. Among the different types of digital assets, global authorities seem to be the most focused on stablecoins. This concern is the result of several factors: – The use of Stablecoin …

Over a year ago, Nigerian President Muhammadu Buhari launched an economic plan designed to mitigate the impact of the COVID-19 pandemic. Since the start of the pandemic, Nigeria has checked in 207,618 cases of infection and 2,745 deaths as of October 11, 2021. The economic effects have been devastating. Economic …

Forex traders watch monitors in the forex trading room at KEB Hana Bank headquarters in Seoul, South Korea on Friday, October 8, 2021. Asian stocks followed Wall Street higher on Friday after U.S. lawmakers cut back temporarily avoided a possible default on government debt while investors waited for US jobs …

Stock indices opened on a positive note on Wednesday October 6th. The benchmark Sensex rose 85.66 points or 0.14% to 59,830.54. The Nifty50 index was 54.50 points or 0.31% at 17,876.80. ONGC, Bajaj Finance, Power Grid, Coal India were among the main winners of the opening bell. M&M was the …

Nothing seems to have worked to retain foreign investors from portfolio to the Dhaka Stock Exchange (DSE), Bangladesh’s main stock exchange. Continuing the trend of recent years, foreigners sold more shares in the country than they bought in July and August, according to data from the DSE. Following the withdrawal …

Receive free currency updates We will send you a MyFT Daily Summary email with the latest currency news every morning. The US dollar traded at its highest level in a year against major currencies on Thursday, with traders betting on persistent inflation, bringing the Federal Reserve closer to its first …

The once-complacent U.S. financial markets, priced against a favorable economic outlook for much of the past year or more since the start of the pandemic, are set to undergo a readjustment as investors begin to factor in inflation that is more persistent than ‘it was not previously thought, according to …

The Chinese benchmark Shanghai Composite Index (000001.SH) gained 0.54% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 0.21%. The Shanghai STAR 50 index with a strong technological component (000688.SH) lost 1.07% for the day, while Shenzhen’s similar ChiNext index (399006.SZ) fell 0.62%. Below is an overview of the top …

Sovereign Bond Updates Sign up for myFT Daily Digest to be the first to know about sovereign bond news. A global bond pullback pushed US Treasury yields to their highest level in three months on Monday, as investors reacted to the prospect of tightening monetary policy by selling off US …

TOKYO – Asian stocks were mostly higher on Monday, but fears of further waves of coronavirus outbreaks clouded the region’s economic outlook, tempering the recovery. The Japanese reference Nikkei 225 NIK, -0.03% increased by 0.3%. the Australian S & P / ASX 200 XJO, + 0.57% gained 0.7% and the …

An already tough week for cryptos has just gotten worse, now that China’s central bank has declared “all cryptocurrency-related transactions.” . . illegal, strengthening the country’s tough stance against digital rivals for government-issued money. The news immediately lowered the price of bitcoin by 5%, and Ether is plunging too – …

China Evergrande settles interest payments on bonds MSCI Global Stock Index regains ground for day 2 Wall Street Indices Slash Past Gains Oil is rising, gold is sliding NEW YORK / LONDON, Sept. 22 (Reuters) – A global stock market indicator slashed gains in choppy trading on Wednesday and the …

Will Pakistan manage to achieve targeted economic growth this fiscal year while struggling to maintain the fragile stability that is out of its grip? The positives include the inherent resilience of the economy and proactive public policies laden with stimulus measures that generated the surprising growth of the past year …

Every Monday, Mint’s Plain Facts section features key data releases and announcements to watch out for over the coming week. India’s central bank will release credit growth data this week, which will show the extent to which lending has picked up as economic activity picks up. Decisions on interest rates …

TORONTO – Canada’s main stock index closed at its lowest level in nearly four weeks as its major sectors came under pressure ahead of Monday’s federal election. A confluence of factors has affected markets on both sides of the border, including bad economic news from China, increasing COVID cases, uncertainty …

Updates on Chinese Business and Finance Sign up for myFT Daily Digest to be the first to know about Chinese business and financial news. The author is director of group investments at Amundi Asset Management Chinese stocks have had a tumultuous year as a wave of stricter regulation rocked tech, …

Asian stocks were mixed on Friday after a mishmash of economic data led Wall Street to close largely lower. Benchmarks rose in Tokyo, Hong Kong and Seoul but fell in Shanghai and Sydney. Across the region, concerns over the protracted coronavirus outbreak weighed on sentiment. “Overall, the mood remains a …

The mainland Chinese stock market ended the session lower on Wednesday, September 15, 2021, as the sell-off in risk aversion continued amid concerns over the slowdown in the world’s second-largest economy after outbreaks of infections at the Delta coronavirus variant and official data showed industrial production and retail sales in …

September 3, 2021 (Investorideas.com Newswire) Inflation has risen, but bond yields have fallen. Such a discrepancy is strange – beware of the golden bulls! Would you like to see something mysterious? If so, please see the table below. It shows 10-year US Treasury bond yields (red line) and annual CPI …

Reuters Wednesday, September 01, 2021 11:06 AM (Reuters) – The Nasdaq hit a record high on Wednesday as weaker-than-expected private wage data fueled hopes of prolonged support from the U.S. central bank. The Dow Jones Industrial Average rose 26.82 points, or 0.08%, on the open to 35,387.55. The S&P 500 …

If there was any doubt that Federal Reserve Chairman Jerome Powell’s comments, delivered virtually at the Jackson Hole Symposium on Friday, were interpreted as accommodating, the dollar’s reaction should clear up all questions. The US greenback, as measured by the ICE US Dollar Index DXY, -0.41%, turned significantly lower and …

Find out what clicks on FoxBusiness.com. US equity futures show gains as the new trading week begins on Monday. Actions in this article $ 35,120.08 +225.96 (+ 0.65%) $ 14,714.663065 +172.87 (+ 1.19%) On Wall Street, the S&P 500 ended the week up 35.87 points, or 0.8%, to 4,441.67. The …

Losses accelerated and U.S. stock indexes fell on Wednesday, the second day after the minutes of the Federal Reserve’s July meeting announced plans to cut financial support from the central bank later this year. low. The Federal Reserve Board of Governors minutes will take place the day after the Dow …

Updates on the economic impact of the coronavirus Sign up for myFT Daily Digest to be the first to know about news about the economic impact of the coronavirus. What will central bankers say at this year’s Jackson Hole summit? Central bankers from around the world will meet this week …

* The EM FX index drops for the fourth consecutive session * S. African rand for a sixth consecutive session * Emerging market yields in local currency increase by 5% * Fitch retrograde Huarong By Susan Mathew Aug. 11 (Reuters) – Emerging market equities fell on Wednesday as currencies eased …

Mainland China’s stock market ended the session higher on Monday, August 9, 2021, as investors scoured bargains in hopes of further policy easing after official consumer price growth data lower than expected, while factory gate price inflation in China remained high in July. At the close of the close, the …

The following discussion and analysis should be read in conjunction with the unaudited condensed consolidated financial statements of KKR & Co. Inc., together with its consolidated subsidiaries, and the related notes included elsewhere in this report and our Annual Report on Form 10-K for the fiscal year ended December 31, …

EUR / USD exchange rate drops as sentiment of mixed risk strengthens safe-haven US dollar The euro US dollar (EUR / USD) exchange rate fell today after yesterday’s release of June US factory orders, which beat expectations and rose 1.5%, buying up demand for the “green back”. The pairing is …

At a time when foreign investors have become increasingly cautious about investing in emerging markets, India’s rank among its peers has fallen further, according to the latest update of the emerging markets tracker from Mint. Weaker manufacturing activity, relatively below-average exports and high inflation have pushed India’s position in the …

The “move in stocks is in line with the market’s long-standing confidence in abundant and predictable cash injections,” Mohamed El-Erian said in a tweet. BHP plans to pull out of oil and gas in a multibillion-dollar exit as it seeks to accelerate its withdrawal from fossil fuels, Bloomberg News reported, …

Davy’s fund management and servicing unit will be sold separately with the planned purchase by Bank of Ireland of the company’s capital markets and wealth management business, which is expected to be announced next week, The Irish Times. While the sale of all of Davy’s assets, including its excess cash …

South Korean stocks closed lower on Friday amid concerns over faster-than-expected inflation in the United States and the spread of the novel coronavirus pandemic in the country. The Korean won appreciated against the US dollar. Korea’s benchmark stock price index (KOSPI) fell 9.31 points, or 0.28%, to close at 3,276.91 …

U.S. government debt rallied and the dollar weakened as the Chairman of the Federal Reserve brushed aside concerns about soaring inflation and reiterated the central bank’s commitment to maintain its stimulus from pandemic era until there is more certainty about the strength of the economic recovery. The 10-year US Treasury …

De Nederlandsche Bank (DNB), the Dutch central bank, recently did an about-face on the onerous KYC and AML requirements it had placed on providers of digital assets, after the Rotterdam district court ordered DNB to ‘examine the objections raised by the Bitonic exchange. While at first glance this episode may …

The Chinese benchmark Shanghai Composite Index (000001.SH) closed almost flat on Friday, while the Shenzhen Component Index (399001.SZ) fell 0.26%. The Shanghai STAR 50 index with a strong technological component (000688.SH) lost 1.68% for the day, while Shenzhen’s similar ChiNext index (399006.SZ) fell 0.69%. Below is an overview of the …

WASHINGTON, July 7 (Reuters) – Federal Reserve officials estimated last month that further substantial progress on economic recovery “was generally considered to have not yet been achieved,” but agreed it needed to be ready to act if inflation or other risks materialize, according to the minutes of the US central …

US stocks closed at new all-time highs on Friday after employment data for June was better than expected, signaling that the world’s largest economy was emerging from the pandemic at a strong pace. The US labor market added 850,000 jobs last month, beating economists’ expectations for 720,000 new jobs and …

The last time the tracker gave a worse reading was in April 2020, when 13 indicators turned red due to the first nationwide lockdown. Launched in October 2018, Mint’s Macro Tracking provides a comprehensive report on the state of the economy based on trends in 16 high-frequency indicators in four …

British pound (GBP) advances ahead of BoE rate decision The economic situation has improved, inflation above target Euro (EUR) Turns to German IFO Economic Sentiment Data Euro zone composite PMI at its highest for 15 years The euro pound exchange rate (GBP / EUR) was higher on Thursday, extending the …

After dominating the rankings for two consecutive months, India has slipped three rungs to fourth place among the world’s major emerging markets. In May, India fell behind Brazil, China and Russia, the latest update of Mint’s emerging market tracking shows. While most emerging markets were hit hard by Wave 2, …

SHANGHAI: Chinese stocks ended higher on Tuesday, as bank stocks rose after Beijing’s reform measures and energy stocks were lifted by rising oil prices. However, weakness in digital currency-related businesses due to regulatory restrictions limited gains in the region. The blue-chip CSI300 index rose 0.6% to 5,122.16, while the Shanghai …

The domestic equity benchmark began to fall sharply on Monday, following global peers following hawkish comments from Federal Reserve official Jim Bullard who suggested that the first interest rate hike by the central bank US market could take place as early as the end of 2022. The S&P BSE Sensex …

Modern-hawk, not Volcker-hawk. By Wolf Richter for WOLF STREET. Fed Chairman Jerome Powell threw some choice nuggets at his June 16 press conference following the FOMC meeting, some of which I brought to the fore when I discussed the decisions of the FOMC which then shook up the markets. The …

During the week, the National Bureau of Statistics (NBS) released the Consumer Price Index (CPI report) report for May 2021. The NBS CPI number is a statistical estimate constructed from prices of a sample of representative items whose prices are collected monthly and used to measure changes in the price …

U.S. markets collapse on rising inflation Investors look to Fed policy statement on Wednesday US Treasury yields and dollar hold steady Oil prices soar as demand for travel returns LONDON / HONG KONG, June 15 (Reuters) – Investors pulled back and avoided major risks in several markets on Tuesday as …

MondayJune 14 Weekly market update After the ECB’s status quo and accelerating inflation in the United States, financial markets ended last week in disarray. Risk appetite and sector arbitrage continue, as traders seem to agree with the Fed that this inflationary surge is only temporary. Wednesday’s monetary policy meeting should …

The South African financial regulator has announced its intention to place the cryptocurrency market under its watch. This was mentioned in a document by the Intergovernmental Financial Technology Working Group (IFWG) yesterday with support from the Financial Sector Conduct Authority (FSCA). The document explained that the country, home to 59 …

While global stocks have already risen quite significantly, there is still room for the market rally to continue in the final six months of this year. According to Affin Hwang Capital Asset Management, Chief Investment Officer / Deputy Managing Director David Ng, there are still plenty of investment opportunities in …

Mainland China’s stock market ended the session higher on Thursday, June 10, 2021, after allaying concerns over policy tightening after the central bank governor’s statement that inflation is “mostly under control” and monetary policy would remain stable. Meanwhile, feelings were also heightened by Chinese and US trade officials agreeing to …

June 10, 2021 (Investorideas.com Newswire) May has certainly been a positive month for the yellow metal. Gold could continue its momentum later this year, but a lot depends on the Fed and inflation. We left May in the rearview mirror and, as the chart below shows, it was the second …

The National Treasury told Parliament that South Africa’s only option is to regulate activities related to crypto assets like Bitcoin. He said the country cannot just leave the crypto asset market unregulated, nor can it ban the use of crypto assets. Therefore, the only choice is to regulate. The Treasury …

A little-noticed move by Senator Elizabeth MacDonough in May said Democrats can only use “reconciliation” once a fiscal year to get around legislation that requires 60 votes. Democrats adopted Biden’s $ 1.9 trillion COVID-19 relief package in March through reconciliation. Democratic budget packages in Congress are shrinking rapidly, resulting in …

The benchmark figures for the Composite Korean Stock Price Index (Kospi) were posted on Wednesday in the trading room of a local bank in Seoul. (Yonhap) South Korean stocks opened lower on Wednesday as the central bank revised the country’s gross domestic product upward, stoking market concerns over early inflation. …

the obligations and the Actions Argentines started June with important downloads and recovered some of the losses accumulated so far in 2021. countries at risk, meanwhile, returned to the region of 1500 points. The price hikes came in a week of no significant economic news except for the debt maturity …

June 4, 2021 (Investorideas.com Newswire) Inflation has stormed into the economy. It is a dark and destructive force. But gold can resist it, being after all a much stronger asset than Anakin Skywalker. Last month I wrote that “inflation is knocking, knocking, knocking on the golden door”. I was wrong. …

In recent years, trading in cryptocurrencies and other virtual assets (“AV”) Has flourished considerably, with an increasing number of investors participating in the crypto markets. While this emerging sector presents new opportunities thanks to financial innovation, it also poses money laundering and terrorist financing (“BC / FT”) Risks to the …

BANGKOK (AP) – European stocks are down after a mixed session in Asia, with benchmarks falling in Paris, London and Hong Kong while Tokyo and Seoul advanced. In a calm news week, investors await a report from the US Department of Labor on Friday that said economists predict employers created …

Remarks / Observations German retail sales data for April missed expectations. Focus on the next US employment report on Friday and the ECB meeting next week. Asia: South Korea’s May CPI recorded its second month above target and fastest year-on-year pace since April 2012 (year-on-year: 2.6% vs. 2.6% e). Australian …

With the return of Memorial Day traders to the United States, June has got off to a good start and Wall Street stocks have risen sharply. The benchmark index comes from a monthly increase for the fourth consecutive month. Energy companies were also a leader, with crude oil prices rising …

Bloomberg China Huarong’s journey, from safe bet to bad news: a timeline (Bloomberg) – It has been nearly two months since turmoil erupted around China Huarong Asset Management Co. At the end of March, its 4% perpetual bond in dollars was trading at 102 cents to the dollar as investors …

The strongest weekly surge in Chinese equities since February is reviving investors’ hopes for a strong recovery to come. But don’t expect the sentimental frenzy of the past year, analysts say. The benchmark CSI 300 gained 3.6% last week, with turnover Tuesday and Friday, approaching the 1 trillion yuan ($ …

China’s battle to keep order in financial markets is getting harder and harder as money flows into everything from commodities to housing to stocks. In May alone, the government pledged to tackle speculation in metals, revived the idea of ​​a property tax, oversaw mortgage rate hikes in some cities, banned …

May 28, 2021 (Investorideas.com Newswire) Bidenomics is a big departure from the healthy economy. But when reason sleeps, golden fortunes are born. Biden’s presidential triumph doesn’t just mean a new man is living in the White House. This in fact implies a fundamental change in economic policy. Some analysts even …

Australian Senate Committee to Tackle FinTech and Blockchain ‘Debanking’ The problem of “debanking” is increasing, resulting in practical obstacles for many innovative companies and individuals wishing to expand in the digital currency space. As the use of cash continued to fall in relation to COVID-19, the position of payment providers …

The minute of the Monday market Global stocks are climbing, with Europe hitting new highs, as calming comments on inflation from the Fed bolster market optimism. Fed officials repeat their “transitional” speech on price increases, St. Louis Fed Chairman James Bullard noting that “we’re not there yet” in terms of …

Passers-by wearing face masks are reflected on a stock quote board outside a brokerage house, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan on November 10 2020. REUTERS / Issei Kato European stocks hit record highs on Tuesday, appeased by assurances from Federal Reserve officials that monetary stimulus will …

Bloomberg Race to avert disaster at China’s biggest ‘bad bank’ (Bloomberg) – It was past 9 p.m. on Financial Street in Beijing when the character inside the Huarong Tower took an ink brush and, with trained strokes, began to put characters on paper. Another grueling work day was coming to …

Express press service BENGALURU: Bitcoin may be the last asset you can’t wait to get your hands on, given that it has rallied 400% in the past year, but experts are advising potential investors to be cautious and daring. Consider the old-fashioned way of investing: Don’t put all your eggs …

The upcoming high frequency economic data is unlikely to influence investors or policymakers. The key question is whether the price pressures are more than transient, as officials at the Federal Reserve, European Central Bank and Bank of England categorically say. Investors are less optimistic. European bond yields hit last year’s …

The upcoming high frequency economic data is unlikely to influence investors or policymakers. The key question is whether the price pressures are more than transient, as officials at the Federal Reserve, European Central Bank and Bank of England categorically say. Investors are less optimistic. European bond yields hit last year’s …

Bloomberg German crisis rebounds during Merkel’s twilight months: Eco Week (Bloomberg) – Germany’s economy is going through a time of change as it tries to shake off the coronavirus crisis as Chancellor Angela Merkel’s era comes to an end. voters will choose a new government. in an election that heralds …

As the global economy recovers from Covid-19, a surge in demand is responding to supply constraints across a range of sectors, as producers around the world struggle to respond after a year of lockdown. This explains why US inflation last week hit its highest level since 2008. Anxious to appease …

Notes / Observations – Mixed data from the main European PMI services (Beats: Euro Zone, Spain; Misses: Italy, France and Germany). Asia – Gov Das of the Central Bank of India (RBI) announced loan repayment relief and measures to increase credit to key sectors to overcome the pandemic. Provide a …