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Citigroup Earnings Top Estimates, Boosted By Investment Banking

Citigroup Earnings Top Estimates, Boosted By Investment Banking

Image Source: Unsplash  CNBC’s Leslie Picker joins ‘Squawk Box’ to report on the bank’s quarterly earnings results.Video Length: 00:01:43More By This Author:Moderna CEO Stephane Bancel On Q2 Results, Slashing Its Full-Year Sales Guidance Comcast Posts Mixed Results, Weighed Down By Film Studio, Theme Parks Major Global Cyber Outage Hits Airlines, Banks And Media Outlets, Impacting Millions
Persistent Core Inflation In Poland Limits Scope For 2025 Rate Cuts

Persistent Core Inflation In Poland Limits Scope For 2025 Rate Cuts

Image Source: Pexels  September’s final CPI reading confirmed that Polish headline inflation rose to 4.9% YoY and points to a sharp increase in core inflation, which made a return back above 4% YoY on soaring services prices. In our view, persistent core inflation means that the scope for NBP rate cuts in 2025 will be limited to 100bp in cautious 25bp movesThe […]
SingularityDAO, Cogito Finance, and SelfKey unite to launch Singularity Finance, an EVM L2 for AI economy

SingularityDAO, Cogito Finance, and SelfKey unite to launch Singularity Finance, an EVM L2 for AI economy

Key Takeaways Singularity Finance aims to tokenize AI assets to enhance DeFi applications. The merger includes a token conversion with SDAO, CGV, and KEY into SFI. Share this article Three blockchain projects—SingularityDAO, Cogito Finance, and SelfKey—have joined forces to launch Singularity Finance, a new EVM layer 2 platform designed to tokenize real-world assets in the […]
Futures Flat At All Time High As Oil Tumbles, Bank Earnings Shine

Futures Flat At All Time High As Oil Tumbles, Bank Earnings Shine

US equity futures pointed to an unchanged open as earnings from Bank of America and Goldman Sachs beat expectations while megacap tech stocks showed modest moves. As of 8:00am ET, S&P futures were unchanged after closing at a 46th record high on Monday, while Nasdaq futures dipped 0.1% as Nvidia shares fell 1% in premarket […]
Asian Stock: Santen Pharmaceutical

Asian Stock: Santen Pharmaceutical

Company: Santen Pharmaceutical Company LimitedBloomberg ticker: 4536 JPMarket cap: US$4,532mBackground: Santen Pharmaceutical Company Limited is a Japanese pharmaceutical company, specializing in ophthalmology. With its ophthalmic products Santen holds the top share within the Japanese market and is one of the leading ophthalmic companies worldwide, with its products being sold in over 50 countries.  World Class Benchmarking of Santen Pharmaceutical […]
What Would Trump’s Mass Deportation Of Immigrants Cost?

What Would Trump’s Mass Deportation Of Immigrants Cost?

Trump promises the largest deportation project in history. The crowd cheers. But what does it mean? Data from Homeland Security via Statista download, chart by Mish Missing Data ExtrapolatedData between 1990 and 1995, 1995 and 2000, and 2000 and 2005 are extrapolated linearly. 2021 is the average of 2020 and 2022.The Center for Migration Studies estimates US […]
Elliott Wave Technical Forecast: Cochlear Limited

Elliott Wave Technical Forecast: Cochlear Limited

ASX: COCHLEAR LIMITED – COH Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COCHLEAR LIMITED – COH. We see COH likely to push higher with a ((5))-navy wave.ASX: COCHLEAR LIMITED – COH 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Primary degree, navy)Mode: MotiveStructure: ImpulsePosition: Wave […]
Bull Of The Day: JD.com

Bull Of The Day: JD.com

JD.com (JD) has benefitted from the strong breakout of Chinese equities in recent weeks as the Chinese authorities have unveiled a major economic stimulus package. JD stock has rocketed higher over the last few weeks and appears to be forming a technical bullish pattern indicating another major bull run may be approaching.JD.com also boasts a Zacks Rank […]
Fed Eyes Rate Pause As Markets Face Currency Drops And Oil Surge

Fed Eyes Rate Pause As Markets Face Currency Drops And Oil Surge

Atlanta Federal Reserve President Raphael Bostic is open to pausing rate cuts if economic data suggests inflation remains high. Recent reports, including a hot September jobs report and consumer price index, indicate inflationary pressures may persist, supporting a possible pause in rate cuts for November. Despite the CPI report, futures markets still expect a rate […]
GBP/USD Price Analysis: Sterling Gains Despite Downbeat Data

GBP/USD Price Analysis: Sterling Gains Despite Downbeat Data

The GBP/USD price analysis shows little change, as the pound remains within its tight range. UK employment figures failed to change the outlook for Bank of England rate cuts. Market participants are focused on upcoming inflation data. Meanwhile, the dollar remained steady as policymakers assumed a cautious tone on rate cuts.Data on Tuesday revealed that […]