RATE-FUTURES TRADERS ADD TO BETS ON FED RATE CUT IN JUNE, PRICE RISING CHANCE OF A…
Day: January 15, 2025
📰 *US DEC. CONSUMER PRICES RISE 0.4% M/M; EST. +0.4% *US DEC. CONSUMER PRICES RISE 2.9% Y/Y; EST. +2.9% *US DEC. CORE CPI RISES 3.2% Y/Y; EST. +3.3% *US DEC. CORE CPI RISES 0.2% M/M; EST. +0.3%
*US DEC. CONSUMER PRICES RISE 0.4% M/M; EST. +0.4% *US DEC. CONSUMER PRICES RISE 2.9% Y/Y;…
📰 US TREASURY TWO-YEAR YIELD FALLS FURTHER AFTER INFLATION DATA, DOWN 6.5 BPS AT 4.299%
US TREASURY TWO-YEAR YIELD FALLS FURTHER AFTER INFLATION DATA, DOWN 6.5 BPS AT 4.299%
📰 BLACKROCK’S FINK: I FORECAST A SCENARIO WHERE THE 10-YEAR IS AT 5.5%
BLACKROCK’S FINK: I FORECAST A SCENARIO WHERE THE 10-YEAR IS AT 5.5%
📰 BLACKROCK CEO LARRY FINK SAYS US ECONOMY IS IN VERY GOOD SHAPE – CNBC
BLACKROCK CEO LARRY FINK SAYS US ECONOMY IS IN VERY GOOD SHAPE – CNBC
📰 FOOD PRICES COULD PUSH UP CPI Food prices are often one of the more volatile components of the headline CPI number, and they have the potential to give the December numbers due at 8:30 a.m. ET a push higher, economist Troy Ludtka of SMBC Nikko Securities writes. He is concerned that the bird flu outbreak is causing production shortfalls that could show up in December shelf prices to a greater extent than analysts have figured. The epidemic wiped out 20 million egg-laying birds in 4Q alone, he notes, citing USDA data.
FOOD PRICES COULD PUSH UP CPI Food prices are often one of the more volatile components…
📰 JPMORGAN’S DIMON STILL SEES SIGNIFICANT RISKS IN RESILIENT ECONOMY JPMorgan Chase CEO Jamie Dimon says the US economy has been resilient and businesses have higher expectations, but he warns of two remaining significant risks. “Ongoing and future spending requirements will likely be inflationary, and therefore, inflation may persist for some time,” says Dimon in conjunction with 4Q results. “Additionally, geopolitical conditions remain the most dangerous and complicated since World War II.” He adds that the company is prepared for a wide range of scenarios.
JPMORGAN’S DIMON STILL SEES SIGNIFICANT RISKS IN RESILIENT ECONOMY JPMorgan Chase CEO Jamie Dimon says the…
📰 US 30-YEAR MORTGAGE RATE TOPS 7%, HIGHEST SINCE MAY 2024 The interest rate for the most popular U.S. home loan rose last week to an eight-month high of 7.09%, extending an upward trend that’s squeezing would-be homebuyers already facing rising house prices and limited supply.
US 30-YEAR MORTGAGE RATE TOPS 7%, HIGHEST SINCE MAY 2024 The interest rate for the most…
📰 JUST IN – German Ministry of Defence, under the leadership of the left-wing SPD party, says “factual exchange of arguments is becoming increasingly difficult” on X and therefore leaves the platform.
JUST IN – German Ministry of Defence, under the leadership of the left-wing SPD party, says…
📰 $WFC RESULTS: Q4 🔸 Net interest income $11.84B, EST $11.7B 🔸 Revenue $20.38B, EST $20.59B 🔸 Commercial banking revenue $3.17B 🔸 Corporate and investment banking revenue $4.61B 🔸 Wealth & investment management total revenue $3.96B 🔸 EPS $1.43 🔸 Total average loans $906.4B 🔸 Efficiency ratio 68%, EST 64.9% 🔸 Mortgage banking non-interest income $294M, EST $278.3M 🔸 Net interest margin 2.7%, EST 2.67% 🔸 Total avg. deposits $1.35 trillion, EST $1.35 trillion 🔸 Return on assets 1.05% 🔸 Return on equity 11.7%, EST 11% 🔸 Common equity Tier 1 ratio 11.1%, EST 11.2% 🔸 Non-interest expenses $13.90B, EST $13.29B 🔸 Return on tangible common equity 13.9%, EST 13% 🔸 Consumer banking and lending total revenue $8.98B 🔸 Provision for credit losses $1.10B, EST $1.22B 🔸 Personnel expenses $9.07B, EST $8.66B
$WFC RESULTS: Q4 🔸 Net interest income $11.84B, EST $11.7B 🔸 Revenue $20.38B, EST $20.59B 🔸…