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Deutsche Bank shares fell despite outperforming earnings as traders looked ahead to an uncertain outlook

Deutsche Bank shares fell despite outperforming earnings as traders looked ahead to an uncertain outlook

A statue is pictured next to the German Deutsche Bank logo in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuters Deutsche Bank On Thursday, it reported its 10th consecutive quarter of earnings, but stocks fell as analysts honed in on an uncertain outlook and weakness in the investment bank. Deutsche Bank reported a net …

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Gold demand rose to an 11-year high in 2022 due to “massive” purchases from the central bank

Gold demand rose to an 11-year high in 2022 due to “massive” purchases from the central bank

Ingots of 99.99 percent pure gold are placed in a workroom at the Krastsvetmet Precious Metals Plant in Krasnoyarsk, Siberia, Russia, January 31, 2023. Alexander Manziuk | Reuters gold Demand rose to an 11-year high in 2022 on the back of “massive central bank buying, aided by aggressive buying by retail investors,” according to the …

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Bank of America reveals its top stocks before earnings, including a favorite solar name

Bank of America reveals its top stocks before earnings, including a favorite solar name

There are still plenty of stock buying opportunities as earnings reports continue to be released, according to Bank of America analysts. The company recommends a slew of must-own companies to investors in advance of the company’s quarterly results. CNBC Pro dug into recent Bank of America research to find the most attractive stocks that position …

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The Bank of Japan is defying market pressure and firmly sticking to yield curve control

The Bank of Japan is defying market pressure and firmly sticking to yield curve control

The Bank of Japan defied market pressures and left its yield curve control measures unchanged, sending the yen down and pushing stocks higher as it stuck to the mainstay of its ultra-loose monetary policy. Traders in Tokyo said the Bank of Japan’s decision, which came after a two-day meeting, the penultimate one under its longest-serving …

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Asia-Pacific stocks traded mostly higher, and the Bank of Japan made no change to the yield range

Asia-Pacific stocks traded mostly higher, and the Bank of Japan made no change to the yield range

Gaming stocks rise after China grants licensing approvals Hong Kong-listed gaming stocks rose after China granted licensing approvals to 88 games, including NetEase, Tencent Holdings and miHoYo, marking a further easing of strict gaming measures in Beijing. shares netease It jumped to 6.81% in early trading, hitting its highest level in more than four months. …

Asia-Pacific stocks traded mostly higher, and the Bank of Japan made no change to the yield range Read More »

Stocks rise and the yen rises as the Bank of Japan grapples with falling bond prices

Stocks rise and the yen rises as the Bank of Japan grapples with falling bond prices

The Bank of Japan is under heavy pressure while defending the yield policy The yen rose to a 7-month high, and the yuan rose as the dollar weakened More profits to come, many central bank speakers The British FTSE Index set a record SYDNEY/LONDON (Reuters) – Stocks were boosted on Monday as optimism about corporate …

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Markets think the Fed is about to hike rates lower, but here's one of the main reasons why the central bank can remain resolute in its next move

Markets think the Fed is about to hike rates lower, but here’s one of the main reasons why the central bank can remain resolute in its next move

Investors are maintaining their expectations that the Fed will cut interest rate hikes in February. The easing of inflation fuels a bullish view on a 25bp move, but shelter prices may still look firm to policymakers. One analyst said that the market’s movements indicated a receding “iceberg of fear” around inflation. loading Something is loading. …

Markets think the Fed is about to hike rates lower, but here’s one of the main reasons why the central bank can remain resolute in its next move Read More »

Citigroup's fourth-quarter profit fell 21% as the bank set aside more money for credit losses

Citigroup’s fourth-quarter profit fell 21% as the bank set aside more money for credit losses

Citigroup said it identified the cause of the flash crash and rectified the error “within minutes.” Jim Dyson | Getty Images News | Getty Images Citigroup He said net income in the fourth quarter was down more than 21% from a year ago as the downturn in investment banking outweighed the benefit from higher interest …

Citigroup’s fourth-quarter profit fell 21% as the bank set aside more money for credit losses Read More »

JPMorgan, Wells Fargo, Bank of America and Citi beat earnings forecasts, but concerns about 'headwinds' linger

JPMorgan, Wells Fargo, Bank of America and Citi beat earnings forecasts, but concerns about ‘headwinds’ linger

JPMorgan Chase & Co., Bank of America Corp., and Citigroup Inc. and Wells Fargo & Co. managed to beat Wall Street’s lower expectations for fourth-quarter earnings as higher interest rates boosted income from loans. Banks posted stronger-than-expected results despite a slowdown in overall transaction activity such as mortgage loans and initial public offerings. But JPMorgan …

JPMorgan, Wells Fargo, Bank of America and Citi beat earnings forecasts, but concerns about ‘headwinds’ linger Read More »