Hints and tips:
...Analysts said some banks could lift their guidance when they report first-quarter results beginning this week....
...Yet on Monday, the “zombie” case will be revived in New York as the first-ever criminal indictment of a former US president proceeds to trial....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...US-Japan ties: President Joe Biden hosts Prime Minister Fumio Kishida ahead of their trilateral meeting with Ferdinand Marcos Jr, Philippines president, tomorrow....
...Monetary policy: Federal Reserve governor Michelle Bowman, Cleveland Fed president Loretta Mester and San Francisco Fed president Mary Daly will all participate in events today....
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...Critical elements of US President Joe Biden’s Indo-Pacific economic strategy have been derailed by opposition from influential congressional Democrats, including Ohio senator Sherrod Brown, who worry that...
...The trend suggested redemptions will fall below the level at which it limits withdrawals by the end of the first quarter....
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...Mike Ashley gets Hwanged At first glance, Mike Ashley and Bill Hwang don’t appear to have much in common....
...“We have language on fossil fuels in our final agreement for the first time ever,” said Sultan al-Jaber, COP28 president and head of the Abu Dhabi National Oil Company, as he bought down the gavel on the...
...Here’s what else I’m keeping tabs on today: Monetary policy decisions: The Bank of England and the European Central Bank are expected to follow the US Federal Reserve in keeping interest rates steady....
...Sultan al-Jaber, COP28 president and head of the Abu Dhabi National Oil Company, said after the release of the draft text: “We have made progress, but we still have a lot to do . . ....
...Here’s what else I am keeping an eye on today: Economic data: Federal Reserve Bank of Dallas issues Texas Manufacturing Outlook Survey for January....
...President Abdel Fattah al-Sisi’s government recently got access to billions of dollars in bailout loans and investments from abroad, all in an effort to shore up the country’s shaky economy....
...The first issue of our Central Banks newsletter by Chris Giles launched yesterday — read it here....
...How much longer he will continue to run the bank is a subject of regular speculation on Wall Street. Here’s more on the executive changes at the bank that reported record profits last year....
...We have an incredible line up of speakers already confirmed, including Napoli president Aurelio De Laurentiis, Eagle Football chair John Textor, LaLiga President Javier Tebas and Newcastle United director...
...Most Federal Reserve officials wanted to keep borrowing costs high “for some time”, according to minutes of their meeting in December, adding to doubts that the US central bank is poised to begin cutting...
...after COP28 president Sultan al-Jaber had banged his gavel to mark the end of the Dubai summit and promised the beginning of the end of the fossil fuel era....
...Economic data: The Federal Reserve Bank of New York issues its latest survey of consumer expectations. Results: Tyson Foods and Grindr report their latest financial figures later today....
...Chart of the day More than three-quarters of the foreign money that flowed into China’s stock market in the first seven months of the year has left....
...The video features interviews with Ghanaian Modernist architect John Owusu Addo and Samia Nkrumah, politician and daughter of Ghana’s first president, Kwame Nkrumah; archival footage of the colonial Gold...
...The European Central Bank and Bank of England have refused to declare victory over inflation....
...New members of the global super-rich gained more of their assets through inheritance than through wealth creation this year — the first time that this has been recorded by Swiss bank UBS in its nine years...
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