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Financial Services Roundup: Market Talk
The Wall Street Journal· 5 days agoHigher funding costs...note. Accordingly, investor expectations of reduced competition driving improved return on equity for the sector needs to be...
German retail sales rise more than expected in March, boding well for economy
Reuters· 2 days agoGerman retail sales rose more than expected in March, pointing to a recovery in consumption at the...
Futures Pointing To Roughly Flat Open On Wall Street
RTT News· 1 day agoThe Fed is widely expected to leave interest rates unchanged, but the accompanying statement and Fed Chair Jerome Powell's post-meeting press conference may shed additional light on the outlook ...
Swedbank Earnings Dragged by Lower Interest Income; To Integrate Operations Tackling Financial Crime...
Morningstar· 7 days agoSwedbank's earnings fell on quarter in the first three months of 2024 amid lower interest income, but the bank said an improving economy should boost performance over the year as it looks to ...
Mortgage Rates Are on the Rise. So Are Home Sales, and Prices.
Barrons.com· 6 days ago“The recent move upward in rates is yet another headwind to the recovery of home sales, and it...
U.S. Stocks May See Further Upside In Early Trading
RTT News· 2 days agoThe major U.S. index futures are currently pointing to a modestly higher open on Monday, with stocks likely to see further upside following the rally to close out the previous week. Stocks may ...
Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Japanese Yen
The Wall Street Journal· 5 days agoU.S. monthly non-farm payrolls data for April on Friday will be...said Stephen Brown, deputy chief...
Hermes Posts Sales Growth Across All Markets — 2nd Update
Morningstar· 6 days agoBirkin bag maker Hermes sales grew across its regions in the first three months of the year, helped by its wealthier clients during a quarter that was expected to be challenging for the luxury ...
German economy skirts recession, helped by construction and exports
Reuters· 2 days agoThe German economy skirted a recession at the start of the year, growing more than expected thanks...
Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures
Morningstar· 6 days agoSINGAPORE-- Singapore's economy is expected to strengthen this year, but faces challenges sustaining growth as global and domestic cost pressures rise, said the city-state's central bank. Global ...