The stimulus bill working its way through Congress would end the policy of taxing borrowers‘ forgiven student debt. That could save some people up to $10,000.
Stocks making the biggest moves in the premarket: Athene, Apollo Global, GE, AerCap & more
The stocks making the biggest moves in premarket trading include Athene, Apollo Global, General Electric, AerCap, and more.
Fidelity leads a $376 million investment in Starling, valuing the UK digital bank at $1.5 billion
Starling said it would use the money to expand into Europe, and for anticipated mergers and acquisitions.
Futures rebound off lows following David Tepper’s bullish comments, Dow futures rise 130 points
Futures tied to the Nasdaq fell early Monday morning as a new stimulus package from Washington headed toward final passage this week.
Investors haven’t fully grasped inflation is ‚dead ahead,‘ economist Mark Zandi warns
Moody Analytics’ Mark Zandi warns the economic recovery will unleash strong inflationary pressures.
Emerging market FX to fall another 4-5% – Morgan Stanley
In other words, they expect a stronger dollar narrative to prevail
The firm is downgrading their view on emerging market (EM) FX for the second time in two weeks, expecting another 4-5% drop given the current market landscape.
The firm is downgrading their view on emerging market (EM) FX for the second time in two weeks, expecting another 4-5% drop given the current market landscape.
BOE’s Bailey: We may need more evidence than normal that inflation rise will be persistent
Further remarks by BOE governor, Andrew Bailey
Oil turns to losses as early gains fizzle
WTI down 0.3% to $65.80 levels currently
From the peak earlier today, oil is down by more than $2 now as price hits a stumbling block as the dollar firms and as overall risk sentiment keeps softer in European trading.
From the peak earlier today, oil is down by more than $2 now as price hits a stumbling block as the dollar firms and as overall risk sentiment keeps softer in European trading.
US equities look set for another bumpy day later
Futures marked lower on the tech selloff
With 10-year Treasury yields also creeping above 1.60%, that will keep the market relatively nervous to kick start the trading week.
With 10-year Treasury yields also creeping above 1.60%, that will keep the market relatively nervous to kick start the trading week.
BOE’s Bailey: Negative rates contingency planning implies nothing about our intentions in that direction
Remarks by BOE governor, Andrew Bailey
– Toolkit decisions should not be interpreted about signal of future policy path
– Contingency planning for negative rates does not imply it is our chosen policy tool
The headline is pretty much the key takeaway from the latest set of remarks by Bailey, but this keeps with what we have heard
– Toolkit decisions should not be interpreted about signal of future policy path
– Contingency planning for negative rates does not imply it is our chosen policy tool
The headline is pretty much the key takeaway from the latest set of remarks by Bailey, but this keeps with what we have heard