Citigroup topped estimates on the top and bottom lines for the third quarter.
Archiv für den Monat: Oktober 2021
Morgan Stanley beats estimates on record investment banking and asset management results
Morgan Stanley is well positioned for the moment.
Walgreens earnings top estimates, as drugstore gives twice as many Covid vaccines as expected
The drugstore chain will hold an investor day and lay out its growth plans on Thursday.
British Pound Q4 Forecast: Preparing the Ground for Interest Rate Hikes
The fourth quarter of 2021 will likely see the Bank of England start talking about interest rate hikes as early as the beginning of next year, boosting the attraction of Sterling.
ForexLive European FX news wrap: Dollar subdued, equities firm as yields soften
Forex news from the European trading session – 14 October 2021
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.8%
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.8%
ECB’s Rehn: Medium-term inflation expectations are in line with ECB strategy
Remarks by ECB policymaker, Olli Rehn
here
It’s a bit of a mixed message considering that the broader stance is that inflation is more subdued and is some ways off reaching 2% in the medium-term considering that the recent surge is all supposed to be temporary.
here
It’s a bit of a mixed message considering that the broader stance is that inflation is more subdued and is some ways off reaching 2% in the medium-term considering that the recent surge is all supposed to be temporary.
ECB’s Lagarde: Inflation upswing is largely driven by temporary factors
Remarks by ECB president, Christine Lagarde
– Price pressures could become more persistent if supply bottlenecks last longer
– Or if wages rise more than currently anticipated
Is anyone else sick of all the transitory talk yet? The ECB is pretty much put between a rock and a hard place here as they can’t acknowledge more sticky inflation
– Price pressures could become more persistent if supply bottlenecks last longer
– Or if wages rise more than currently anticipated
Is anyone else sick of all the transitory talk yet? The ECB is pretty much put between a rock and a hard place here as they can’t acknowledge more sticky inflation
Dollar continues to struggle in European morning trade
The dollar is down to the lows for the day currently
It’s all about the ebb and flow this week and as much as the dollar has run hot in the past few weeks, things just aren’t going the way for the greenback at the moment.
It’s all about the ebb and flow this week and as much as the dollar has run hot in the past few weeks, things just aren’t going the way for the greenback at the moment.
BOE’s Tenreyro: Inflation should be temporary
BOE policymaker, Silvana Tenreyro, remarks
should be
In any case, the BOE has already started to pivot on this as per their latest policy meeting so this isn’t anything too new in my view. But it does reaffirm that policymakers aren’t as certain about the whole inflation debate as they were in the summer.
should be
In any case, the BOE has already started to pivot on this as per their latest policy meeting so this isn’t anything too new in my view. But it does reaffirm that policymakers aren’t as certain about the whole inflation debate as they were in the summer.