Analysis
In-depth topic review.
Calls Intensify For UK To Overturn Fiscal Policy After Market Turbulence
Summary BoE's Pill says "significant" response expected Sterling stabilizes against the dollar Economists, executives request a policy U-turn Some Conservative lawmakers raise concern over policy The Bank of England (BoE)...
Read moreGoldman Sachs Slashes 2022 Target For S&P 500 By 16%
Goldman Sachs has slashed its year-end 2022 target for the benchmark S&P 500 (.SPX) index by around 16% to 3,600, as the U.S. Federal Reserve shows few signs of retreating...
Read moreUK Households Faced £3B Squeeze If Bank Delivered 0.75-Points Rate Hike
Rise in interest rates would be the largest in 33 years and would put more pressure on borrowers The Bank of England considered the largest interest rate hike in 33...
Read moreEurope Depletes Cash Pool To Support Businesses In Energy Turmoil
Summary European gas prices have surged amid Ukraine crisis Utilities face liquidity squeeze Germany will 'do everything possible' to support firms Russian mobilization sparks oil price rise Germany nationalized gas...
Read moreTop U.S. Bank CEOs Grilled By Congress On Consumer, Social Issues
The chief executives of JPMorgan, Wells Fargo, Citigroup, Bank of America, and other top U.S. retail banks will be questioned this week by lawmakers on a slew of issues, from...
Read moreWall Street Plunged To 2-Month Lows As Recession Fears Intensify
Summary FedEx profit warning affects peers All three main U.S. indexes record sharp weekly drops Investors eye next week's Fed meeting Indexes down: S&P 0.72%, Dow 0.45%, Nasdaq 0.90% U.S....
Read moreFedEx Warning Caused Worst Fall In Stock, Amplified Slowdown Fears
FedEx Corp's shares had their rough day ever and closed at the lowest price since early pandemic months, after the delivery giant withdrew its forecast, contributing to fears of a...
Read more‘Temporary’ Vanishes As BOJ Considers Speeding Up Inflation
Something has disappeared from Bank of Japan statements about soaring inflation: the word "temporary". No longer suggesting that strong price hikes will be short-lived, the central bank might soon proceed...
Read moreChina’s Property Troubles Worsened In August As Investment, Prices And Sales Fell
Summary New home prices drop at highest pace on-month since Nov 2021 New home prices drop at highest pace on-year since Aug 2015 Property sales dropped for the 13th straight...
Read moreBarclays Expects Contraction In Fourth Quarter For Major Economies
Global growth is steering towards an "increasingly synchronous downturn", economists at Barclays said on Thursday, pointing to continued lockdowns in China, a deepening energy crisis in Europe, and tightening financial...
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