European Equities Traded in the US as American Depositary Rise in Thursday Trading
American Airlines Picks Citi as Sole Credit-Card Issuer -- WSJ
After the downfall of the French government, the outlook for the euro has become even bleaker.
The French government failed to pass the no-confidence vote and collapsed, indicating that France will enter a long period of political struggle, and the outlook for the euro is even worse. "French politics is entering a prolonged period of instability," said Skylar Montgomery Koning, a forex strategist at Barclays in New York. "This can only be seen as a headwind for the euro." Investors have largely priced in the voting results, and French government bond futures maintained their upward momentum after the vote. At 10:50 Singapore time, the euro was hovering around 1.052 USD against the dollar. The euro is relatively calm, although the voting results were widely anticipated.
Sector Update: Financial Stocks Softer Wednesday Afternoon
Barclays to Pay $19.5M Penalty for $17.7B Excess Debt Sale
Barclays Reaches $19.5 Million Settlement in Debt Sale Case
European Stocks Will See Downtrend Mid-year 2025 Before Recovery
Britain's Jobs Statistics Crisis Gives Banks a Growing Headache
Daily short sale tracking: South Bow's short volume increased by 664K, with a short sale ratio of 35%
Top Gap Ups and Downs on Friday: MUFG, UBS, SMFG and More
Japanese banks are reportedly planning to maintain their business relationship with Adani, while Barclays and other international banks are cautiously reassessing their exposures.
Despite the accusations of bribery against Gautam Adani by the usa, several major banks in japan plan to maintain business relations with the billionaire, while other global companies like Barclays are reassessing their risk exposure to this india conglomerate. According to informed sources, mizuho financial expects that the latest incident involving Adani will not have a lasting impact and intends to continue supporting the group. Sources also indicate that sumitomo mitsui financial and mitsubishi ufj financial have not withdrawn their plans and will remain open to providing new financing if needed in the future. Spokespersons for these three banks in Tokyo declined to comment. A representative of the Adani group did not respond.
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...'