French Banks' Results to Shed Light on Impact From Rates and Politics -- Sector Preview

By Elena Vardon French banks' second-quarter print are expected to highlight the extent to which expectations of interest-rate cuts and a volatile political environment impacted their earnings. Here

WSJ03:55 ET

Stocks to Watch Next Week: Tesla, Microsoft, Alphabet and Amazon

Yahoo FinanceJul 19 10:43 ET

Paris banks in France: There is no room for OPEC+ to increase oil supply.

Aldo Spanjer, a senior commodity equity index strategist at Société Générale, said in a report that the global oil supply and demand situation in this quarter will be tightened due to seasonal demand, then weakened in the fourth quarter due to extra supply from OPEC+ and the USA. "However, the increase in OPEC+ supply will relax the crude oil product market, while non-OPEC supply growth can meet normalized demand growth." "We expect OPEC+ to be able to recover a small part of its voluntary production cuts", adding 0.5 million barrels/day by 2024-2025. "We do not expect the crude oil product market to be strong enough to make 2.2 million barrels/day economically viable".

環球市場播報Jul 18 08:10 ET

Readacross From U.S. Results Supportive for European Investment Banks -- Market Talk

1651 GMT - Citigroup and J.P. Morgan's results are generally helpful for European investment banks, Keefe, Bruyette & Woods say in a note after the lenders posted second-quarter figures. The two

WSJJul 12 12:51 ET

BNP Paribas to Use Mistral AI Commercial Models Under Multi-year Partnership

BNP Paribas (BNP.PA) entered into a multi-year partnership with French artificial intelligence company Mistral AI, according to a Wednesday news release.

MT NewswiresJul 10 03:37 ET

Fed Chair Powell: More good inflation data will boost Fed's confidence in interest rate cuts.

Jerome Powell, the Chairman of the Federal Reserve, stated that "more positive economic data" will enhance confidence in achieving the target inflation rate, and recent data shows that the retreat in prices has made "moderate progress". Powell warned in testimony prepared for the Senate hearing on Tuesday that too little or too late rate cuts could pose risks to the economy and labor market. However, he also added that cutting interest rates too early or too much may hinder or reverse the process of reducing inflation. Traders have already raised their expectations for a rate cut as early as September. Powell's speech indicated that the Federal Open Market Committee is unlikely to cut rates at the end of this month. Powell said that the labor market...

環球市場播報Jul 9 10:21 ET