Bank of America outperforms expectations in reserve release, advising, and asset management.
Bank of America beat analysts’ estimates for the third quarter on Thursday, thanks to lower-than-expected loan losses and record advising…
The global economic recovery may be jeopardized by the energy issue.
According to the International Energy Agency (IEA), a global energy shortage is predicted to increase oil consumption by half a…
On the back of a reserve release bump, Wells Fargo tops earnings projections.
Wells Fargo & Co. reported a nearly 60% increase in third-quarter earnings, beating market expectations, as it released funds set…
Strong trading revenue drives a 48 percent increase in Citigroup profit.
Citigroup posted better-than-expected third-quarter results on Thursday, with trading revenue helping the business produce a significant boost in profits. On…
Bank of America outperforms expectations in reserve release, advising, and asset management.
Bank of America beat analysts’ estimates for the third quarter on Thursday, thanks to lower-than-expected loan losses and record advising…
German economic institutions lowered the GDP forecast for 21g
Germany’s leading economic institutions on Thursday lowered their joint growth forecast for Europe’s largest economy for 2021 to 2.4% from…
The head of JPMorgan is not concerned about the growth of inflation in the United States
CEO of JPMorgan Chase & Co (NYSE:JPM) Jamie Dimon is very optimistic about the state of the US economy, writes…
The Invisible War: Facebook and Apple’s New Policy
In June 2021, Apple (NASDAQ:AAPL) implemented a new data privacy policy for iOS 15 devices. According to Branch, about 75%…
Japan dissolves parliament, prepares ground for elections
Japan dissolved parliament on Thursday, paving the way for elections at the end of the month. The new Prime Minister…
Oil prices rise at the auction on Thursday
Oil prices are rising on Thursday, recouping earlier losses due to a stronger than expected decline in gasoline and distillate…
OPEC Report, API Inventory Build, Crude Oil Forecast: Rally Stumbles
Crude oil prices fell marginally overnight after a report from the United States revealed a big build in stocks. For…
A $317 million acquisition is made by a European competitor to PayPal and Square in order to expand in the United States.
SumUp, a payment processor based in the United Kingdom, has purchased marketing start-up Fivestars in order to expand its reach…
Gold holds at a one-month high, helped by a weaker dollar and lower yields.
On Thursday, gold prices were hovering near a one-month high as the dollar and longer-dated Treasury yields retreated from recent…
What will shake up the markets: JP Morgan and Delta earnings
On Tuesday, US stock indexes fluctuated as concerns about rising inflation and the start of the reporting season for the…
Blockchain.com launches bitcoin margin trading
Cryptocurrency Platform Blockchain.com expands the functionality for bitcoin trading ― now the platform users will have access to BTC trading…
The head of JPMorgan said about the lack of value of bitcoin
Bitcoin is worthless, according to Jamie Dimon, chairman of the Board of directors and CEO of JPMorgan Chase investment bank.…
Sinic, a Chinese developer, has issued a warning about a bond due next week that is worth $250 million.
Sinic Holdings Group has become the latest Chinese developer to issue a warning of impending default, as the potential of…
The global economy is slowing, and the gap between rich and poor is widening.
The reappearance of the coronavirus, as well as supply chain chokeholds, threaten to stifle the global recovery’s progress, according to…
The future of bitcoin was doubted
CEO of JPMorgan Chase investment bank Jamie Dimon questioned the prospects of bitcoin. In his opinion, the largest cryptocurrency by…
Have you missed the recent surge in metal stocks? Two equities have been upgraded to ‘Overweight’ by JPMorgan.
Aluminum (alum) is the best-positioned basic metal, and JPMorgan’s Global Commodity team anticipates alum to be in deficit from 2021…
The G7 countries will agree on the control of digital currencies
The Group of Seven (G7) countries have submitted a draft guide on the control of digital currencies of central banks…
Dow Jones, S&P 500 Outlook: Retail Trades Go Long, Putting Wall Street Indices at Risk
According to IG Client Sentiment (IGCS), retail traders on Wall Street appear to be increasing their upside exposure. The Dow…
Morgan Stanley upgrades China property to ‘attractive’ despite default fears
Morgan Stanley has upgraded China’s property market to “attractive,” even as nervous investors watch to see if Evergrande, the country’s…
Before CPI data, the dollar eases from a one-year high as Fed hints are sought.
On Wednesday, the dollar fell off a one-year high against key peers ahead of U.S. consumer pricing data, which could…
European stock markets have retreated marginally due to concerns about growth and inflation.
Concerns over global growth and inflation continued to roil market mood on Wednesday, sending European stocks marginally down. The Stoxx…
Mass media: Ukraine is facing a gas crisis
Ukrainian hospitals, schools, kindergartens, military units and other budgetary institutions faced a crisis before the heating season due to high…
Bulls building a phalanx at crucial support in the AUD/USD
Bulls in the AUD/USD are attempting to build a base on the hourly time frame in preparation for a move…
Dubai’s non-oil sector growth slows, but Jordan’s GDP rises: the latest economic news
The non-oil sector of Dubai’s economy contracted in September, with the PMI falling from 53.3 in August to 51.5 in…
After reviewing charges of data tampering, the IMF board of directors supports Georgieva.
After investigating claims that she forced World Bank personnel to manipulate statistics to favor China, the International Monetary Fund’s executive…
St. Petersburg Stock Exchange will launch a new index. It reflects the behavior of private investors
St. Petersburg Stock Exchange has developed a stock index of interest of retail investors. The exchange calls it the first…
China’s bond markets have fallen once more as the next Evergrande deadline approaches.
Evergrande (3333.HK) looked ready to miss its third batch of bond payments in as many weeks on Monday, with rivals…
These 10 Stocks Are Preferred By Hedge Funds Over Square (SQ)
We’ll go over the ten equities that hedge funds prefer over Square in this article. Hedge Funds Prefer These 5…
Despite Wall Street’s sell-off, the Australian dollar rises as Chinese flooding raises coal prices.
The Asia-Pacific Outlook for Tuesday Despite a dismal performance in US markets on Wall Street, the Australian Dollar has maintained…
Bank of England Turns Hawkish, Short EUR/GBP: Q4 Top Trades
BANK OF ENGLAND TURNS HAWKISH ON SHORT EUR/GBPThe Bank of England’s monetary policy committee meeting in September was expected to…
Technical Analysis of the Japanese Yen: USD/JPY and EUR/JPY Is There Going to Be More Yen Weakness?
TECHNICAL ANALYSIS OF THE USD/JPYThis week, the USD/JPY rose to levels not seen since Q4 2018. The next probable resistance…
U.S. moves closer to clearing Moderna and J&J Covid booster shots this week
When a crucial Food and Drug Administration advisory panel meets Thursday and Friday to discuss extra doses of the Moderna…
JPMorgan’s Dimon claims that supply chain issues will be resolved shortly, citing high customer demand as an example.
Global supply chain disruptions caused by the coronavirus have slowed economic growth, but the issue will pass quickly, according to…
Gold edges higher as inflation angst lifts appeal
Gold prices rose on Tuesday, aided by rising inflation fears, but gains were limited by a strong dollar and anticipation…
ChemoCentryx soared 89% after FDA approval of its drug
ChemoCentryx (NASDAQ:CCXI) shares nearly doubled on Friday after the U.S. Food and Drug Administration (FDA) approved a drug for the…
Megafon may return to the stock exchange in the next three years
The Russian mobile operator Megafon admits a return to the stock exchange in the next three years, the head of…
