The fourth biggest U.S. bank by assets posted quarterly revenue that exceeded analysts‘ expectations.
Archiv für den Monat: Januar 2022
JPMorgan shares pull back by 4% even after fourth-quarter profit tops estimates
Analysts have pointed to a lending rebound in the fourth quarter, driven by demand from corporations and credit card borrowers.
Here’s the full list of the best-selling electric cars in China for 2021
Tesla and BYD remained market leaders in China’s electric car market last year, while new competitors emerged, according to the China Passenger Car Association.
Citi to sell consumer business in Malaysia, Indonesia, Thailand and Vietnam to UOB Group
UOB said it will acquire Citi’s unsecured and secured lending portfolios, wealth management and retail deposit units in the four Southeast Asian markets.
Wells Fargo shares rise 2% as fourth-quarter revenue tops estimate
The fourth biggest U.S. bank by assets posted quarterly revenue that exceeded analysts‘ expectations.
Citigroup shares slide after fourth-quarter profit declines 26%
Citigroup shares were under pressure Friday after the banking giant reported a steep profit drop for the fourth quarter.
JPMorgan shares pull back by 4% even after fourth-quarter profit tops estimates
Analysts have pointed to a lending rebound in the fourth quarter, driven by demand from corporations and credit card borrowers.
Oil stays on course to retest the October, November highs
Oil looks poised for a fourth straight week of gains and buyers are continuing to show plenty of appetite even as the week winds down. Price is now trading above $83 to its highest since 10 November:
The technical break above $80 is still running and that has been a supportive factor to the recen
Eurozone November trade balance -€1.3 billion vs €2.0 billion prior
Prior €2.0 billion; revised to €1.8 billion
The euro area trade balance shrunk in November to a deficit, with exports seen rising by 3.0% m/m while imports were up 4.5% m/m. In non-seasonally adjusted terms, trade balance was seen at -€8.3 billion on the month.
Bearish Signals in Ether and Bitcoin
Pressure
on US tech stocks was a significant theme in US trading yesterday, dragging
cryptocurrencies down. The Crypto market capitalisation adjusted 1.1% overnight
to $2.05 trillion.
on US tech stocks was a significant theme in US trading yesterday, dragging
cryptocurrencies down. The Crypto market capitalisation adjusted 1.1% overnight
to $2.05 trillion.
Bitcoin
is losing 2% overnight, down to $42.8K, and ether is losing about 1.5% to
$3.3K. Other top coins are d