A massive cohort of baby boomers in China will be retiring in the coming years are spending in ways that are different compared to today’s retirees, according to a Credit Suisse report.
Archiv für den Monat: September 2020
Macy’s swings to a loss, but shares rise as stronger-than-expected online growth boosts sales
Macy’s said its second-quarter digital sales were up 53% from a year ago.
ForexLive European FX news wrap: Dollar firms as pullback continues, equities rally
Forex news from the European trading session – 2 September 2020
Headlines:
– USD leads, AUD and EUR lag on the day
– European equities higher; E-minis up 0.6%
Headlines:
– USD leads, AUD and EUR lag on the day
– European equities higher; E-minis up 0.6%
Dollar continues to firm ahead of North American trading
The greenback leads gains in the major currencies space
Stocks are up on the day but the dollar is also up as the pullback momentum from yesterday extends into the new trading day today. The dollar held its ground in early European trading but is gradually pushing higher now as we look towards US trading.
Stocks are up on the day but the dollar is also up as the pullback momentum from yesterday extends into the new trading day today. The dollar held its ground in early European trading but is gradually pushing higher now as we look towards US trading.
US MBA mortgage applications w.e. 28 August -2.0% vs -6.5% prior
Latest data from the Mortgage Bankers Association for the week ending 28 August 2020
– -6.5%
– Market index 755.1 vs 770.6 prior
– Refinancing index 3,316.2 vs 3,423.0 prior
A slight drop in mortgage applications in the past week with purchases and refinancing activity both seeing weakening a touch, despite the long-term rate falling another 3 bps to 3.08%
– -6.5%
– Market index 755.1 vs 770.6 prior
– Refinancing index 3,316.2 vs 3,423.0 prior
A slight drop in mortgage applications in the past week with purchases and refinancing activity both seeing weakening a touch, despite the long-term rate falling another 3 bps to 3.08%
China says that will keep prudent monetary policy appropriate and flexible
Comments by China’s Cabinet via state media
– Says will not resort to flood-like stimulus
– Will guide more credit to the real economy
This just reaffirms their current policy stance and that hasn’t changed as they continue to deal with the fallout from the virus outbreak. There are some concerns surrounding domestic credit conditions in China but
– Says will not resort to flood-like stimulus
– Will guide more credit to the real economy
This just reaffirms their current policy stance and that hasn’t changed as they continue to deal with the fallout from the virus outbreak. There are some concerns surrounding domestic credit conditions in China but
Fed’s Barkin: Labour market recovery has been slower than anticipated
Richmond Fed president, Thomas Barkin, remarks in a WSJ interview
– Fed will need to continue to provide significant, sustained support
– Economy faces a slowing labour market recovery
The remarks on the slower recovery aren’t anything new but certainly sets up a renewed focus on labour market data, particularly after Powell’s speech from last week.
– Fed will need to continue to provide significant, sustained support
– Economy faces a slowing labour market recovery
The remarks on the slower recovery aren’t anything new but certainly sets up a renewed focus on labour market data, particularly after Powell’s speech from last week.
[OSE]指数先物取引等に係る取引最終日の到来等
[OSE]商品先物取引等に係る取引最終日の到来等
Schienenverkehr: Bahn will Stellwerke bis 2035 digitalisieren
Die Digitalisierung soll fünf Jahre früher als geplant fertig sein. Der Bund finanziert den schnelleren Umbau mit rund einer halbe Milliarde Euro.