Bitcoin surged as high as $59,920, notching its highest level since May. 10, but struggled to break above the $60,000 mark.
Here’s how much 10 big banks have cut their China growth forecasts
Major investment banks cut their predictions for China’s 2021 GDP, warning that power cuts and a slump in the property market may drag down growth.
Goldman Sachs crushes analysts‘ estimates on strong investment banking and trading results
Goldman is the last of the six biggest U.S. banks to report earnings
Wells Fargo profit jumps nearly 60% in the quarter, revenue tops expectations
Wells Fargo on Thursday posted a jump in profit in the third quarter with net income of $5.1 billion, marking a sharp increase from $3.2 billion a year ago.
Citigroup profit surges 48%, driven by strong trading revenue
Citigroup topped estimates on the top and bottom lines for the third quarter.
Morgan Stanley beats estimates on record investment banking and asset management results
Morgan Stanley is well positioned for the moment.
ForexLive European FX news wrap: Yen pairs continue to surge higher
Forex news from the European trading session – 15 October 2021
Headlines:
Markets:
– GBP leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.4%
Headlines:
Markets:
– GBP leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.4%
SPD, Greens, FDP leaders said to be in agreement to recommend starting formal coalition talks
„Traffic light“ coalition impending for Germany
Reuters reports with the above headline, citing sources familiar with the matter. This was the expected outcome after the election but it is taking a while to sort out. Some context on what this could mean for euro area assets .
Reuters reports with the above headline, citing sources familiar with the matter. This was the expected outcome after the election but it is taking a while to sort out. Some context on what this could mean for euro area assets .
PBOC says that inflation risks are controllable
Remarks by the Chinese central bank
Well, at least they’re not using the T-word but it is rather implied. In any case, with the shift to ‚common prosperity‘ focus and the power crunch hitting, China is likely to maintain more easy policy in order to support the economic recovery from the pandemic still.
Well, at least they’re not using the T-word but it is rather implied. In any case, with the shift to ‚common prosperity‘ focus and the power crunch hitting, China is likely to maintain more easy policy in order to support the economic recovery from the pandemic still.
Tokyo Stock Exchange reportedly to extend trading by 30 minutes starting in 2024
Nikkei reports on the matter
This was also rumoured back in September already but I reckon we’re nearing an official announcement in the days ahead, so there is a rerun via local media.
This was also rumoured back in September already but I reckon we’re nearing an official announcement in the days ahead, so there is a rerun via local media.