St. Louis Federal Reserve President James Bullard advocated for the central bank to be aggressive as it tapers bond purchases.
Cathie Wood says exodus from high-cost cities will push down inflation as Ark heads to St. Petersburg
Cathie Wood is moving her investment firm’s headquarters to St. Petersburg, Florida on Nov. 1.
Delta Air Lines posts profit thanks to stronger travel demand, but rising fuel prices will squeeze 4Q bottom line
Delta’s revenue and earnings topped Wall Street estimates.
JPMorgan exceeds profit expectations on $1.5 billion boost from better-than-expected loan losses
JPMorgan Chase is the first big bank to report third-quarter earnings.
Consumers are splurging on diamonds. Signet Jewelers just hiked its full-year outlook — again
Signet Jewelers also announced it agreed to buy the off-mall jewelry chain Diamonds Direct USA for $490 million.
Equities Q4 Fundamental Forecast: Short-Term Uncertainties But Longer-Term Fortunes
Throughout the third quarter, there had been somewhat of a reversal in the reflation trade as concerns over the peak in the global growth lingered, alongside the continued spread of the Delta variant.
ForexLive European FX news wrap: Dollar softer awaiting US CPI, FOMC minutes
Forex news from the European trading session – 13 October 2021
Headlines:
Markets:
– CHF leads, USD lags on the day
– European equities mixed; S&P 500 futures up 0.2%
Headlines:
Markets:
– CHF leads, USD lags on the day
– European equities mixed; S&P 500 futures up 0.2%
German economic institutes said to cut 2021 GDP growth forecast from 3.7% to 2.4%
Reuters reports, citing sources familiar with the matter
That’s a sharp revision lower and amid the ongoing supply bottlenecks, it is not hard to see why. Adding to that is fears of rising inflation as well as the energy crisis in Europe, weighing on overall sentiment in general.
That’s a sharp revision lower and amid the ongoing supply bottlenecks, it is not hard to see why. Adding to that is fears of rising inflation as well as the energy crisis in Europe, weighing on overall sentiment in general.
US MBA mortgage applications w.e. 8 October +0.2% vs -6.9% prior
Latest data from the Mortgage Bankers Association for the week ending 8 October 2021
– -6.9%
A modest increase in mortgage activity despite higher rates once again, with the jump in purchases offsetting the decline in refinancing applications. That said, with higher rates and high prices, it will pose a challenge to demand conditions in the
– -6.9%
A modest increase in mortgage activity despite higher rates once again, with the jump in purchases offsetting the decline in refinancing applications. That said, with higher rates and high prices, it will pose a challenge to demand conditions in the
China says that coal supply is guaranteed through this winter and next spring
Remarks by China’s state planner
Adding that local governments will be strictly prohibited from shutting down coal mines without authorisation. Meanwhile, an energy administration official is out at the same time stating that China’s daily coal output has reached its highest level since February.
Adding that local governments will be strictly prohibited from shutting down coal mines without authorisation. Meanwhile, an energy administration official is out at the same time stating that China’s daily coal output has reached its highest level since February.