SMIC, China’s largest chipmaker, is seen as a key player in Beijing’s ambitions to become more self-sufficient in the semiconductor industry.
Archiv für den Monat: Februar 2022
Under Armour earnings top estimates, but shares fall as supply chain issues hurt growth
Under Armour shares are falling despite the retailer reporting fiscal fourth-quarter earnings and sales ahead of analysts‘ estimates.
Affirm shares plummet 21% after company releases financial results early
Affirm is one of several hot „buy now, pay later“ companies, which offer short-term and low-interest loans to users when they buy consumer goods online.
Zillow soars on upbeat outlook and faster-than-expected selloff of homes in portfolio
Zillow said on Thursday in its fourth-quarter earnings report that its winding down its home-flipping business at a rapid clip.
GBP Q1 2022 Fundamental Forecast: Additional Bank of England Rate Hikes are on The Way
The Bank of England (BoE) started the cycle of tightening monetary policy by hiking the UK Base Rate by 15 basis points to 0.25%, the first-rate hike in over three years, at the last Monetary Polic…
PBOC says monetary policy will be flexible, appropriate
To implement market-oriented policy tools to support small enterprisesTo maintain steady optimisation of credit structureWill step up cross-cyclical adjustmentsTo deepen market-based interest rate reformWill meet reasonable and effective financing demand while not resorting to flood-like stimulusThe
What’s the message from the bond market ahead of the weekend?
It was quite the spectacular rout in the bond market yesterday following the US CPI data release, as traders rushed to price in a 50 bps rate hike move by the Fed for March. Yields shot up dramatically and that is leaving for a couple of things to think about going into the weekend. Let’s take a loo
Bank of America Refuses to Accept Bitcoin
Cryptocurrencies
were under the pressure of strong data on inflation in the United States on
Thursday, which has updated 40-year highs. Such values can force the Fed to
raise interest rates faster, which is negative for all risky assets, including
cryptocurrencies.
were under the pressure of strong data on inflation in the United States on
Thursday, which has updated 40-year highs. Such values can force the Fed to
raise interest rates faster, which is negative for all risky assets, including
cryptocurrencies.
Bitcoin
showed high volatili
Germany to lift some restrictions next week as COVID-19 peak is in sight
He mentioned that:“The scientific prognoses show us that the peak of the wave is in sight. This allows us at the meeting between the federal government and states next week to take the first reopening steps and consider more steps for spring.“
FX option expiries for 11 February 10am New York cut
There’s just one particularly significant one, as highlighted in bold.That is for USD/CAD with large expiries seen around 1.2650-70 worth over $5 billion in total. Now, the market mood is still the key driver of price action at the moment with the dollar holding in a good spot. That is overriding