The Renminbi's central parity rate against the US dollar increased by 88 points from the previous day to 7.1894.
On November 28, the central rate of the renminbi against the dollar was adjusted up by 88 points to 7.1894 compared to the previous day. Expectations of a Federal Reserve interest rate cut in December have strengthened! The number of Americans continuing to claim unemployment benefits unexpectedly rose to the highest level in three years. The number of initial claims for unemployment benefits in the week before Thanksgiving significantly dropped to a seven-month low, indicating that businesses have not laid off as many workers as some economists had predicted, demonstrating the resilience of the usa labor market, and consumer spending supported by the labor market is expected to remain strong. The usa economy is still showing steady growth. However, the unexpected rise in the number of continuing unemployment claims to a three-year high indicates that many are unemployed in the usa.
CFRA Predicts That Banks Will Outperform the Benchmark S&P 500 in 2025
Can Britain's Pension 'Megafunds' Boost the Economy?
Barclays to Set Up a New Private Banking Booking Center in Singapore
Erste Group Initiates Barclays(BCS.US) With Buy Rating
Deutsche Bank Sees Bank Stock Rally Adding to Repo Market Strain
Barclays to Open Private Bank Booking Center in Singapore
UK Will Consider Further Relaxing Rules on London Banker Bonuses
The familiar "river" returns, usa-elected president reiterates tariffs, causing traders to be in awe.
Traders from all over the world are preparing for bigger fluctuations. When Trump's latest remarks on tariffs hit the headlines, Nick Twidale's phone kept ringing, and he even spilled a cup of white coffee on the keyboard. After Trump's social media post on Monday drove the dollar to soar, this veteran with 26 years of forex trading experience at AT Global Markets said: 'Seeing this type of social media post again, there is a familiar feeling of unease, but muscle memory is at play.' Twidale said, 'The good news is, under Trump's leadership, the future four...'
Barclays to Add Singapore as Private Bank Booking Center By 2026
Top Gap Ups and Downs on Monday: SMCI, ZM, GFI and More
Barclays is bullish on the s&p 500 index, expecting it to rise to 6600 points by the end of next year.
Barclays strategist believes that the USA stock market will continue to rise in 2025 under constructive allocation and robust macroeconomic support, despite a slowdown compared to the momentum of this year and last year. The team led by Venu Krishna has raised the target price of the s&p 500 index at the end of next year from 6500 points to 6600 points, about 10% higher than the Monday level. The strategists believe that Wall Street may underestimate the continued strength of large technology companies and overestimate the returns of other s&p 500 index components. Krishna wrote that the guidance for large technology companies is improving, while throughout the cycle they
Sector Update: Financial Stocks Advance Pre-Bell Monday
UK Regulator Lowers Fine Against Barclays in Qatari Dealings Case
Barclays: It is expected that the Russian central bank and government will take verbal intervention measures to prevent further depreciation of the ruble.
On Monday, the Russian ruble slightly rebounded against the US dollar, but due to new sanctions on the Russian banking industry by the usa and other reasons, the ruble against the US dollar remains at a two-year low. London Stock Exchange data shows that as of 09:00 Greenwich Mean Time, the ruble to dollar exchange rate rose by 0.8% to 103.50. On Friday, the ruble against the US dollar touched 104.35, the lowest point since March 23, 2022. Barclays brokerage analysts expect the Russian central bank and government to take some verbal intervention measures to prevent the ruble from further declining, as the ruble's decline is fueling inflation, leading to the current tightening of monetary policy.
FCA Fines Barclays GBP40 Mln Over Qatari Fundraising -- Financial News
The United Kingdom Financial Conduct Authority imposed a £40 million fine on Barclays.
The United Kingdom Financial Services Authority stated on Monday that barclays was fined 40 million british pound for failing to disclose certain arrangements with a Qatari entity in 2008.
Daily short sale tracking: Flex Ltd's short volume increased by 20 million, with a short sale ratio of 35%
Average Rate on a 30-year Mortgage in the US Rises to Highest Level Since July
Top 20 trading volume on November 20th in US stocks: bitcoin concept stock MicroStrategy's market cap surpasses 100 billion US dollars
On Wednesday, the top stock by trading volume in the U.S. was nvidia, which fell by 0.76% with a transaction volume of 39.661 billion USD. nvidia announced its earnings report after Wednesday's close, with third-quarter revenue of 35.1 billion USD, exceeding the analyst expectation of 33.25 billion USD. The revenue from the datacenter in the third quarter was 30.8 billion USD, expected to be 29.14 billion USD. The adjusted eps for the third quarter was 0.81 USD, compared to an estimate of 0.74 USD. nvidia CEO Jensen Huang predicted that the demand for the Blackwell products/series will exceed supply in the coming quarters. As the largest publicly traded company by market cap globally, nvidia's stock price continues to surge this year.
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