Hong Kong protests haven’t hurt our profitability, say bank CEOs
Pro-democracy protests have hurt the Hong Kong economy, but the chief executives of two major banks said their businesses in the city have not been affected in a big way. Singaporean bank DBS said on Monday that net profit for...
Three Monday Talking Points: Landing Risks Up Ahead
Will US growth hold up? Two key data points see light of day this week as markets wrestle with the question of whether US growth holds up or not. First up, Oct. US Core CPI m/m gets released on Thursday...
Market Morning Briefing: EUR-JPY Seems To Be Moving Lower And While Below 120.50
STOCKS The rally in the major indices seems to be losing steam. Dow has to sustain above 27600 in order to move higher. Nikkei, DAX, Sensex and Nifty looks vulnerable to dip in the near-term within their broader uptrend. Shanghai...
Goldman Sachs faces investigation over allegations of sexist credit decisions at Apple Card
A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The New York Department of Financial Services is launching an investigation into Goldman Sachs’ credit card...
Trade Optimism Boosted Stocks, Yields, & Dollar
Trade optimism was the main theme driving the financial markets last week. Investors seemed to be convinced that US and China are close to signing trade agreement phase one, even though it’s unsure when and where yet after the APEC...
With a market at record highs, these are the most loved stocks on Wall Street right now
Jeff Bezos CEO of Amazon. Joe Klamar | AFP | Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) The Dow, S&P 500 and...
Weekly Economic and Financial Commentary: A Trade War Armistice? Don’t Make it a Holiday Yet
U.S. Review A Trade War Armistice? Don’t Make it a Holiday Yet Optimism soared this week on hopes of a forthcoming trade deal, as equity markets hit all-time highs and the yield curve steepened. Due to the lack of concrete...
The Weekly Bottom Line: The Deal With The Deal
U.S. Highlights It was a relatively quiet week for economic data. The trade deficit narrowed a bit in September, but new tariffs appear to have weighed on both exports and imports. The ISM non-manufacturing index followed its manufacturing counterpart higher...
Forward Guidance: Data Lull Leaves Trade Developments in Focus
Next week is a light one for Canadian economic data—existing home sales the only major indicator—meaning focus will remain on the will they-won’t they of US-China trade talks. Last week saw growing optimism that the two countries will strike a...
Week ahead – Trade War, UK, RBNZ, Banxico, Spain
This week has been a little slow, trade deal speculation and baffling UK election gaffs aside. There’s a lot more economic data to come over the next week, with particular focus it seems on the UK and China. Unfortunately, both...
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