China’s authorities aim to dispose 3.4 trillion yuan ($497 billion) worth of bad loans from the banking sector this year — only one-third of that have been written off, said Fitch.
Stocks struggle as tech losses continue, Nasdaq falls nearly 2%
The S&P 500 opened flat on Friday as Wall Street tried to recover some of its steep losses from the previous session after the of better-than-expected U.S. unemployment data.
ForexLive European FX news wrap: Mostly quiet in the NFP countdown
Forex news from the European trading session – 4 September 2020
Headlines:
Markets:
– CAD leads, CHF lags on the day
– European equities mixed; E-minis flat
Headlines:
Markets:
– CAD leads, CHF lags on the day
– European equities mixed; E-minis flat
White House asks US agencies to detail all China-related funding – report
Reuters reports on the matter, citing a document from the White House
It is reported that the US has asked all government agencies for details of any funding that either supports or counters China and its business practices, amid escalating tensions between the two countries.
It is reported that the US has asked all government agencies for details of any funding that either supports or counters China and its business practices, amid escalating tensions between the two countries.
BOE’s Saunders: I am not theologically opposed to negative rates
Further comments by Saunders
– BOE did not discuss negative rates in August meeting
– Review of negative rates is not finished
– Review will look at indirect effects on banks, lending
An interesting choice of word there by Saunders i.e. ‚theologically‘ in the sense that his central bank beliefs does not exclude pursuing negative rates as an option
– BOE did not discuss negative rates in August meeting
– Review of negative rates is not finished
– Review will look at indirect effects on banks, lending
An interesting choice of word there by Saunders i.e. ‚theologically‘ in the sense that his central bank beliefs does not exclude pursuing negative rates as an option
BOE’s Saunders: It is likely that additional easing will be appropriate
Comments by BOE policymaker, Michael Saunders
– Rebound in activity appears to be a bit faster than in May forecast
– But the rebound has reflected a benign window, which may be closing now
This will just bring more attention to the topic of negative rates for the BOE, especially with the spectre of a no-deal Brexit looming
– Rebound in activity appears to be a bit faster than in May forecast
– But the rebound has reflected a benign window, which may be closing now
This will just bring more attention to the topic of negative rates for the BOE, especially with the spectre of a no-deal Brexit looming
WHO: Not expecting to see widespread coronavirus vaccination until the middle of next year
Says want to see data from all different vaccines to get a clear idea of which are actually offering protection
It will be tough to imagine how this isn’t going to be politicised despite the Covax scheme. Plenty of countries have already done private deals with pharmaceutical firms and that is going to be how this
It will be tough to imagine how this isn’t going to be politicised despite the Covax scheme. Plenty of countries have already done private deals with pharmaceutical firms and that is going to be how this
[東証]新規上場日の基準値段等：上場インデックスファンド日経ESGリート
[OSE]特別清算数値（2020年9月第1週限）：日経225
Caravan Salon, IFA, Buchmesse: „Der unsichtbare Riese“ – So wagen die Messen den Neustart
Die Branche hat das Jahr noch nicht ganz abgeschrieben. Doch weil Aussteller und Besucher zögern, werden bereits für 2021 immer mehr Messen verschoben.