Month: August 2024
US CPI Data Report Preview: What to Watch for
Forecasters are looking for the monthly report on US consumer prices to reinforce widespread expectations for a Federal Reserve interest-rate…
UBS Profit Beats, Reaffirms $1 Billion Buyback Plan | Bloomberg The Pulse 08/14/24
UBS shares rose as much as 3% on Wednesday morning in Europe, topping as the best-performing stock in the STOXX…
UK Economy: Inflation Rises Less Than Expected
UK inflation increased less than economists and the Bank of England had expected, prompting traders to bring forward bets on the pace…
Blinken Delays Mideast Trip: Axios; Markets Await US CPI | Horizons Middle East & Africa 08/14/2024
Asia stocks rallied on bets the upcoming US CPI report will allow the Fed to start easing in September. Also…
US Sells Fighter Jets to Israel, DOJ Mulls Push to Break Up Google | Daybreak: Europe 08/14/2024
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…
Markets in 3 Minutes: Soft Inflation Prints Boost Bullish Views
Guy Johnson, Tom Mackenzie, and Mark Cudmore break down today’s key themes for analysts and investors on "Bloomberg: The Opening…
Blinken’s Visit to Middle East Postponed: Axios Report
US Secretary of State Antony Blinken is scheduled to travel to the Middle East on Tuesday night, Axios reporter Barak Ravid said…
US Approves Sale of F-15 Fighter Jets to Israel in $20.3 Billion Deal
The Biden administration approved the sale of up to 50 F-15 fighter jets, vehicles and ammunition to Israel in a…
South Africa Jobless Rate at Two-Year High
South Africa’s unemployment rate unexpectedly rose in the second quarter to the highest level since 2022, reaching 33.5% in the…
UBS CEO Ermotti on Markets Selloff, Earnings, Fed Rates
UBS CEO Sergio Ermotti discusses second-quarter earnings, market volatility and the outlook for Federal Reserve interest rates. He spoke with Francine Lacqua…