Hints and tips:
...Negative or so-called short bets, largely by hedge funds, account for 2.1 per cent of shares in Tesla, up from 0.87 per cent at the start of this year, according to S&P Global Market Intelligence....
...Brazil’s industry ministry has launched a number of investigations into the alleged dumping of industrial products by China as Latin America’s largest economy reels from a wave of cheap imported goods....
...“The proposal to develop 2,500MW of nuclear power is not a dream — there’s already an agreement, and the procurement capacity is being worked on....
...According to a BTG survey of four geographical blocs, Bolsonaro is poised to win only the south, which accounts for 15 per cent of the electorate....
...His family regained control of his affairs, though not before “S&M” had lightened the mogul’s bank account by about $150mn....
...The bank sued the 31-year-old founder, accusing her of massively overestimating the number of Frank users before the acquisition....
...at big banks such as JPMorgan Chase and Bank of America hover near zero....
...One particularly deplorable detail about the current structure is that 87.2 per cent of pension tax breaks go to the wealthiest fifth of households....
...The fights start at 3pm, and a surprising number of people show up for all of them....
...a more abrupt response from the central bank....
...Banks stocks have followed rates higher. In the last three days, the S&P 500 bank index has climbed 2 per cent. Bank of America, considered the most rate sensitive of the big banks, rose 2.6 per cent....
...A new range of pick-up trucks helped its North America earnings outperform expectations, while China was more resilient than feared and its financial arm delivered record numbers thanks to portfolio expansion...
...Its loans typically come at interest rates of about 12 per cent a year, compared with an average rate from commercial banks of 55 per cent....
...Deutsche Bank analysts had predicted that high street like-for-likes would be down 4 per cent and travel like-for-likes up 2 per cent....
...But in November, it will be opening its first new store for “a number of years”, in Manchester....
...Robey Warshaw and Bank of America were lead advisers to Reckitt, while Deutsche Bank and HSBC also advised on the deal. Mead Johnson was advised by Goldman Sachs and Morgan Stanley....
...The Morgan Stanley International Equity Fund, for example, charged the plan fees equal to 0.88 per cent of assets, or about $2.2m a year — roughly double the fees charged to a separate, external account....
...Gold was down 0.2 per cent at $1,198.87 an ounce....
...Interest from his high street savings accounts amounted to £26 in 2009-10, £87 in 2010-11, £365 in 2011-12 before rising to £2,701 in 2012-13, £6,681 in 2013-14 and £3,052 in 2014-15....
...At 1230 BST, the European Central Bank publishes an account of its latest monetary policy meeting....
...Intraday How hard the Bank of England chooses to push back against dovish momentum, established by the Bank of Japan turning negative on rates, will be the key feature of “Super Thursday”....
...At the same time, the Office for National Statistics amends national accounts data going back to 1997, with GDP growth from 2011-13 expected to be stronger than previously reported....
...Brent crude oil prices fell 2.2 per cent to $63.87 a barrel, while West Texas Intermediate fell 2.4 per cent to $58.26 as the dollar strengthened....
...) at 1,591 FTSE100 up +159.87 (+2.32%) at 7,047 CAC 40 up +123.17 (+2.48%) at 5,090 Dax up +301.76 (+2.65%) at 11,710 Currencies €/$ 1.12 (1.12) $/¥ 119.93 (119.86) £/$ 1.54 (1.55) €/£ 0.7234 (0.7241)...
...Of these currencies, we analyse a few: Egyptian pound: overvalued by 2 per cent relative to its spot of 7.6 to the dollar • At its January meeting, the Central Bank of Egypt allowed Egyptian banks to widen...
International Edition