Hints and tips:
...The biggest of these — Macy’s, Nordstrom and Kohl’s — do not own their credit card portfolios....
...JPMorgan’s vice-chair of investment banking Andy Lipsky and co-head of strategic investor group M&A Haidee Lee are leaving the bank, according to a person familiar with the matter....
...Company results: Target, Ross Stores and Nordstrom will give further insight into how consumer spending has fared in recent months when they release earnings....
...Jackson Hole: The US Federal Reserve’s annual gathering of central bank leaders in Jackson Hole, Wyoming, kicks off....
...There will also be monetary policy meeting minutes from the European Central Bank and the US Federal Reserve, as well as plenty more central bank speakers....
...Bank of England: Monetary Policy Committee member Catherine Mann takes part in a panel discussion in Zurich, hosted by Swiss bank Pictet, on central banks, inflation and monetary policy....
...Several retailers also update investors on their recent financial performance, including Lowe’s, Best Buy, Dick’s Sporting Goods, Burlington Stores, Abercrombie & Fitch, Kohl’s and Nordstrom....
..., Royal Bank of Canada Q3, Weibo Q2, Workday Q2....
...And here’s what else you should keep an eye on today: Federal Reserve: US stocks rose and bond yields fell yesterday ahead of the central bank’s annual gathering in Jackson Hole, Wyoming, where rate-setters...
...Fedspeak: US Federal Reserve governor Christopher Waller will deliver a virtual speech on the economic outlook before the Mid-Size Bank Coalition of America....
...Bank of Japan policy shift risks causing eurozone bond turmoil, the European Central Bank has warned....
...The Westfield mall has been half empty after brands like Nordstrom left, in part because of “rampant criminal activity” and as foot traffic downtown has not recovered after the pandemic....
...promoted into and relegated from FTSE indices by market capitalisation US, Federal Reserve Beige Book Results: Bodycote AGM and trading statement, Bloomsbury Publishing FY, B&M European Value Retail FY, Nordstrom...
...Mexico’s central bank issues the minutes of its August monetary policy meeting....
...But Macy’s, Foot Locker and Nordstrom are trickier....
...FY, National Express FY, Nordstrom Q4, Salvatore Ferragamo FY, Schroders FY, Six Flags Entertainment Q4, Taylor Wimpey FY, Universal Music Group Q4, Veolia Environnement FY Friday China, India, Japan:...
...sector net borrowing figures Results: Abercrombie & Fitch Q3, Analog Devices Q4, AO World H1, Babcock International H1, Best Buy Q3, CRH trading update, Dollar Tree Q3, Homeserve H1, HP Q4, Medtronic Q2, Nordstrom...
...Macy’s and Nordstrom have in recent days topped analysts’ expectations for quarterly revenues, and Home Depot reported record-high quarterly sales earlier in August.Lee said she expects a “significant slowdown...
...Department store chain Nordstrom, retailer Urban Outfitters and furniture company La-Z-Boy report after the close....
...Around the corner, the spectre of a branch of Silicon Valley Bank, which collapsed in March, is another reminder of a fragile financial infrastructure....
...Half the country’s $640bn foreign exchange reserves are frozen, several of its top banks have been cut off from the international payments system and about 1,000 western companies — accounting for about...
...Last week, Dimon became the first big boss of a Wall Street bank to visit Hong Kong or mainland China since the start of the pandemic....
...The build-up comes after a wave of smash-and-grab thefts in LA and across the US — including an attempted break-in at a Nordstrom store at The Grove in late November....
...So Nordstrom has, the US department store group said, actually, it’s not price for them. It’s newness. They want the stuff they haven’t seen for the last couple of years....
...Meanwhile, the Taliban has appointed Haji Mohammad Idris, a longstanding member of the Islamist militant group, as acting head of the central bank....
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