Bitcoin climbed back above the $50,000 level Wednesday, after a brutal sell-off earlier this week.
Archiv für den Monat: Februar 2021
Chinese court rules that a woman’s housework is worth $128 a month
The decision for a 50,000 yuan payout for five years of household work was made under China’s new civil code that took effect in January.
Another Chinese city launches a digital currency test — this time it’s much larger at $6 million
The scale of the trial in Chengdu city is much larger than one in Beijing earlier this month, which aimed to distribute $1.5 million to 50,000 applicants.
A U.S. strategy paper on China draws a tepid response in Beijing
„The Longer Telegram“ and its call for stringent U.S. policy on China caught the attention of many in Washington, but only a passing public response in Beijing.
Lowe’s tops earnings estimates as same-store sales jump 28%, warns that some DIY trends could fade
Lowe’s said fourth-quarter same-store sales climbed 28.1%, as consumers spent money on home projects during the pandemic.
US MBA mortgage applications w.e. 19 February -11.4% vs -5.1% prior
Latest data from the Mortgage Bankers Association for the week ending 19 February 2021
– -5.1%
– Market index 790.6 vs 892.6 prior
– Refinancing index 3,848.1 vs 4,337.0 prior
It looks like the housing market is not taking too kindly to the higher rates as both purchases and refinancing activity took a heavy dip in the past week. After
– -5.1%
– Market index 790.6 vs 892.6 prior
– Refinancing index 3,848.1 vs 4,337.0 prior
It looks like the housing market is not taking too kindly to the higher rates as both purchases and refinancing activity took a heavy dip in the past week. After
Fedspeak on tap for North American trading later today
We’ll be hearing from a couple of Fed policymakers today with Powell set to testify in Congress for a second day
Here’s the agenda:
1500 GMT – Fed chair Powell testifies before the House select committee
I wouldn’t expect anything new from Powell that we haven’t already heard of yesterday. But again, it will serve as a reminder
Here’s the agenda:
1500 GMT – Fed chair Powell testifies before the House select committee
I wouldn’t expect anything new from Powell that we haven’t already heard of yesterday. But again, it will serve as a reminder
Japan reportedly to decide on Friday whether to end state of emergency measures
Kyodo News reports on the matter
The report cites remarks by Japanese prime minister, Yoshihide Suga, in saying that the decision will be taken on Friday as to whether or not they will end the state of emergency measures in place that is set to run through to 7 March.
The report cites remarks by Japanese prime minister, Yoshihide Suga, in saying that the decision will be taken on Friday as to whether or not they will end the state of emergency measures in place that is set to run through to 7 March.
Heads up: BOE speakers scheduled for today
The BOE will be due to testify before the Treasury Select Committee on monetary policy later today
Here’s the agenda:
1200 GMT – BOE’s Haldane speaks in a seminar
Haldane will be making a speech in a flagship seminar on the changing world of work, wellbeing and management. As such, I wouldn’t expect much policy remarks, if any
Here’s the agenda:
1200 GMT – BOE’s Haldane speaks in a seminar
Haldane will be making a speech in a flagship seminar on the changing world of work, wellbeing and management. As such, I wouldn’t expect much policy remarks, if any
US futures back to flat levels on the day as investors brush aside early pessimism
S&P 500 futures and Nasdaq futures turn flat
Of note, Nasdaq futures have erased a 1% drop from the tail-end of Asian trading as sentiment improves in European morning trade so far.
Of note, Nasdaq futures have erased a 1% drop from the tail-end of Asian trading as sentiment improves in European morning trade so far.