Barclays said last month that it had sold $15.2 billion more in U.S. investment products — known as „structured notes“ — than it was permitted to.
Archiv für den Monat: April 2022
Nasdaq rises about 1% as market attempts comeback from April sell-off, Meta shares soar
Stocks rose in early trading Thursday as the market tried to recover some ground lost during this month’s sell-off after a strong earnings report from Meta Platforms.
Twitter reports user bump, revenue miss for Q1, days after accepting Musk’s takeover bid
Twitter just reported earnings for the first quarter of 2022, in what could be one of its last public reports after its board agreed to sell to Elon Musk.
Merck sold $3.2 billion of its Covid oral antiviral treatment, driving first-quarter revenue growth
Merck soundly beat Wall Street estimates for its top and bottom lines, reporting earnings of $2.14 per share on $15.9 billion in revenue.
Comcast shares slump as broadband subscriber growth continues to slow
Comcast beat on the top and bottom lines, but broadband growth continues to slow.
McDonald’s revenue tops estimates, fueled by price hikes and overseas same-store sales growth
McDonald’s said the suspension of operations in Ukraine and Russia cost $127 million, or 13 cents per share, in the first quarter.
Huawei’s first quarter revenue tumbles by nearly 14% as smartphone sales plunge
Chinese telecommunications giant Huawei said first quarter revenue fell by nearly 14% from a year ago, while its profit margin more than halved.
Equities Forecast Q2 2022: Fed Policy Remains the Biggest Risk for Equity Markets
A volatile first quarter for US equities, which grappled with not only an inflation-fighting Federal Reserve but also increased geopolitical tensions.
AUD Forecast Q2 2022: Commodities and Central Banks in Focus
The Australian Dollar made an 18-month low in January, eclipsing the November 2020 nadir of 0.6991 by a small margin.
Germany April HICP +7.8% vs +7.6% y/y expected
Prior +7.6%HICP +0.7% vs +0.4% m/m expectedPrior +2.5%CPI +7.4% vs +7.2% y/y expectedPrior +7.3%CPI +0.8% vs +0.6% m/m expectedPrior +2.5%It may not be the biggest of increases but German annual inflation did indeed creep higher again in April and that just continues to put further pressure on the ECB. While there are certain proxies in the region suggesting that inflation may be peaking, it doesn’t look to be the case in Germany just yet and even so, it doesn’t look like we will see price pressures cool off materially at least.The two main culprits are once again surging energy prices and also higher prices of raw materials, plagued by supply chain disruptions.The month-on-month readings also continue to suggest stronger cost pressures in general, which will not be of much comfort if the trend continues even as annual inflation may be close to hitting a plateau.