Egypt hopes to secure new IMF agreement by March, says finance minister
Egypt hopes to agree on a new IMF funding package by the end of March, and is on track to implement the structural reforms still needed to attract foreign investment, its minister of finance Mohamed Maait tells Euromoney. During informal...
How Jon Najarian got started in options trading and where he sees opportunities
Jon Najarian Scott Mlyn | CNBC (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Options trading can be tough but they can give investors’ strategies an...
Weekly Economic and Financial Commentary: When The Upside Is Down, Scale Back Expectations
U.S. Review Looking Back at a Soft Q3 Sales of existing homes fell 2.2% to a 5.38 million-unit pace in September, but sales and prices were still up enough in the quarter that they will add solidly to Q3 GDP...
The Weekly Bottom Line: Liberals Return to Ottawa with a Minority Parliament
U.S. Highlights U.S. markets were in the black this week with limited economic news to digest. There was plenty of action across the pond, with an ECB rate decision and more drama on Brexit. The U.S. data was second tier,...
Forward Guidance: Central Bank Divergence Continues
Next week is a busy one. Both the Bank of Canada and US Federal Reserve will make policy announcements. Key GDP figures for Canada and the US are due, as well as jobs numbers for the latter. In politics, the...
France’s ‘Non’ Dials Up Sterling Pressure
Emmanuel Macron’s tough love and Johnson’s threat to pull his deal sets the pound up for a rougher week ahead Could France, the only country not to have supported giving Britain an extension till the end of January, really be...
RISK ON!!
In what was thought to be a slow Friday as we wait for the plethora of data, earnings, and FOMC meeting next week, stock Indices are trading at or near all time highs today as the USTR said they are...
USD/CAD Lower Ahead of BOC and FOMC Next Week
Next week on October 30th, the Bank of Canada will meet and will decide if the Canadian economy is in need of a rate cut. (Coincidentally, this is the same date of the next FOMC meeting). The BOC will also...
Week Ahead – Brexit, Fed, BoC, BoJ and Earnings
Hugely busy week ahead A fascinating week ahead as three major central banks hold monetary policy meetings, with two potentially pulling the trigger on a rate cut. The Fed is the most likely of these with markets pricing in more...
How Citigroup could double its stock price in 3 to 4 years, according to analyst Mike Mayo
Citigroup could double its stock price in the next three to four years, Wells Fargo analyst Mike Mayo told CNBC on Friday. It’s hardly a guarantee, Mayo said, but if the nation’s third-largest bank gets a few things straightened out, ...