Morgan Stanley Asia’s former chairman is worried the energy price spike’s impact on China’s struggling supply chain will be the tipping point.
Stocks rise slightly as Wall Street tries to end losing month on a high note
Stocks rose in early trading as tech shares moved higher.
Spanish-language credit reports are a big win for financial empowerment in the Hispanic community
„This is something we’ve been asking for for a very long time,“ said Chi Chi Wu, staff attorney at the National Consumer Law Center.
UK energy titan SSE says low wind, driest conditions in 70 years hit renewable generation
Low wind speeds and dry conditions are impacting renewable energy generation in Europe.
Bed Bath & Beyond shares dive more than 25% as supply chain issues hit sales, inflation eats into profits
Bed Bath & Beyond shares tanked Thursday as the company said it saw a steep drop-off in traffic in August.
Germany September preliminary HICP +4.1% vs +4.0% y/y expected
Latest data released by Destatis – 30 September 2021
– +3.4%
– CPI +4.1% vs +4.2% y/y expected
– Prior +3.9%
This fits with expectations laid out by the state readings earlier, as outlined . In any case, it just reaffirms a further rise in German annual inflation (even if the month-on-month readings were not as drastic). Base
– +3.4%
– CPI +4.1% vs +4.2% y/y expected
– Prior +3.9%
This fits with expectations laid out by the state readings earlier, as outlined . In any case, it just reaffirms a further rise in German annual inflation (even if the month-on-month readings were not as drastic). Base
ForexLive European FX news wrap: Dollar steady, equities hold slight advance
Forex news from the European trading session – 30 September 2021
Headlines:
Markets:
– AUD leads, EUR lags on the day
– European equities higher; S&P 500 futures up 0.4%
Headlines:
Markets:
– AUD leads, EUR lags on the day
– European equities higher; S&P 500 futures up 0.4%
Dollar technicals continue to shine with month-end, quarter-end in focus
It is tough to argue with the charts right now
As much as the dollar gains since yesterday may be in part to do with month-end and quarter-end flows, the charts are making it tough to really dismiss the significance of the moves as September looks to draw to a close.
As much as the dollar gains since yesterday may be in part to do with month-end and quarter-end flows, the charts are making it tough to really dismiss the significance of the moves as September looks to draw to a close.
EUR/USD stays pressured, eases to fresh lows since July last year
EUR/USD falls to 1.1580, its lowest since July last year
Amid the focus on month-end and quarter-end, just be wary that the technicals may offer the most clarity when it comes to trading sentiment today.
Amid the focus on month-end and quarter-end, just be wary that the technicals may offer the most clarity when it comes to trading sentiment today.
ECB’s Centeno: Inflation spike still regarded as temporary
Remarks by ECB policymaker, Mario Centeno
As much as policymakers are still trying to reassure that team ‚transitory‘ is right, persistent supply chain disruptions through to next year will continue to pose a big problem to the narrative or definition of what is supposed to be „temporary“.
As much as policymakers are still trying to reassure that team ‚transitory‘ is right, persistent supply chain disruptions through to next year will continue to pose a big problem to the narrative or definition of what is supposed to be „temporary“.