Archiv für den Monat: Januar 2023
2023
Stocks making the biggest moves premarket: General Electric, Salesforce, Alibaba and more
These are the stocks posting the largest moves in early morning trading.
The UK recession will be almost as deep as that of Russia, economists predict
The U.K.’s economic contraction in 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity.
Upstart Chinese electric car brand delivered more cars than Nio in 2022
Another budget-priced electric car brand is taking off in China, this time selling compact SUVs.
Ant gets approval to expand its consumer finance business
Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in resolving regulators‘ concerns.
Regulators warn U.S. banks on crypto risks including ‚fraud and scams’ after FTX collapse
Bank executives have said they need further guidance from regulators before dealing more directly with bitcoin and other types of cryptocurrency.
Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
US MBA mortgage applications w.e. 30 December -10.3% vs +0.9% prior
<ul><li>Prior +0.9%</li><li>Market index 184.5 vs 212.5 prior</li><li>Purchase index 160.2 vs 182.5 prior</li><li>Refinance index 310.9 vs 371.4 prior</li><li>30-year mortgage rate 6.58% vs 6.34%</li></ul>
This article was written by Justin Low at www.forexlive.com.
JP Morgan bumps up China 2023 growth forecast, again..
<p style=““ class=“text-align-justify“>That is the second time in a matter of weeks that the firm has upgraded its assessment on the Chinese economy. This time arguing that while an estimated 40% jump of Covid infections will have impacted China’s growth in Q4 last year, the post-reopening recovery phase has shifted forward by roughly three months at least.</p><p style=““ class=“text-align-justify“>“The earlier recovery storyline leads to an upward revision to our 2023 full-year growth forecast to 4.4% (previously: 4.3%).“</p><p style=““ class=“text-align-justify“>It’s not so much about the number in the projection but there is growing sentiment across broader markets that China is very well positioned for a stronger and positive outlook this year.</p>
This article was written by Justin Low at www.forexlive.com.