Archiv für den Monat: August 2022
Ölmarkt: Saudi Aramco erzielt Quartalsgewinn von 47 Milliarden Euro
Activist Meister eyes up another possible conglomerate break-up to unlock value
Corvex was founded in 2011 by Keith Meister, Carl Icahn’s former lieutenant who served as CEO and vice chairman of Icahn Enterprises.
5.2% of job ads offer a signing bonus — but 8 fields have the most. Here’s how workers can negotiate one
Employers are offering signing bonuses at a rate three times higher than pre-pandemic levels. Workers can use their leverage to sweeten the deal.
Stocks making the biggest moves midday: Peloton, Toast, Illumina and more
These are the stocks posting the largest moves midday.
Fed’s Barkin says rate increases need to continue until inflation holds at 2%
Despite positive data this week, Richmond Fed President Thomas Barkin said more rate increases will be needed to tamp down inflation.
Australian Dollar Outlook Driven by US Dollar
The Australian Dollar finished higher last week after US inflation data excited markets and sent the US Dollar lower, lifting AUD/USD. Will the US Dollar dominate AUD/USD?
British Pound (GBP) Forecast – UK Inflation May Hit Double-Figures
The British Pound is in for a rough ride next week with the latest employment, wages, retail sales, and inflation data all set for release
ICYMI – BlackRock’s new private trust offers US institutions direct exposure to bitcoin
<blockquote>There are not a lot of details available from BlackRock as yet. A statement from the firm:“Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients in how to efficiently and cost-effectively access these assets using our technology and product capabilities”</blockquote><p>BlackRock is the world’s largest asset manager, with circa US$9.5 trillion in assets under management.</p><p>BTC update:</p>
This article was written by Eamonn Sheridan at www.forexlive.com.
China’s low interest rates are failing to spur lending in the economy – ‚liquidity trap‘
<p>Data from China on Friday on financing. New loans slumped, even as money supply (M2 +11%) grew strongly – i.e. plenty of cash sloshing about but its not in demand:</p><p>The chief China economist at Pantheon Macroeconomics says such a combination of data is a “classic sign of a liquidity trap” .</p><ul><li>“Liquidity is ample, but no one wants it.”</li></ul><p>The remarks come via a Bloomberg piece (gated, but an ungated one <a target=“_blank“ href=“https://au.finance.yahoo.com/news/china-hits-liquidity-trap-low-004245788.html“ target=“_blank“ rel=“nofollow“>can be found here</a>):</p><ul><li>The mismatch between <a target=“_blank“ href=“https://www.cfdmagnates.com/fm/education/terms/edit-term/633aaf0b-b4a1-40c5-8fbe-bf158af520a1″ target=“_blank“ id=“633aaf0b-b4a1-40c5-8fbe-bf158af520a1_3″ class=“terms__main-term“>liquidity</a> and bank lending is also raising financial risks as market interest rates drop well below policy rates set by the central bank.</li><li>“Liquidity is piling up in the interbank market and there’s even a risk of money being directed out of the real economy and into markets,” said Ming Ming, chief economist at Citic Securities Co.</li></ul><p>–</p><p>Risk of money being directed into markets could very well translate to a bullish input for Chinese stocks. </p><p>ps. Coming up on Monday is a maturing MLF. A majority of analysts expect the PBOC to not fully roll the amount maturing (that is, a net withdrawal of cash). On the 20th we get the monthly loan prime rate setting from the PBOC (<a target=“_blank“ href=“https://www.forexlive.com/centralbank/tentative-signs-of-a-pboc-rate-cut-by-the-end-of-next-month-20220810/“ target=“_blank“>preview here</a>).</p>
This article was written by Eamonn Sheridan at www.forexlive.com.