European markets are awaiting inflation data from the Eurozone

The fund manager says the short-term rally in the European market could be an opportunity to reduce exposure to equities M&G Investments’ Maria Monici says the rally could be a “tactical opportunity to cut back some of that equity exposure.” Julius Baer accepts £18m fine by UK regulator over ‘researcher fee arrangement’ A pedestrian walks … Read more

Open for closes, stocks, data and news

Ifo Institute says German economic sentiment improved in November The Ifo institute’s German business climate index rose to 86.3 in November from 84.5 in October. “While companies were somewhat less satisfied with their current business, pessimism about the coming months has declined sharply. The recession may be less severe than many expected,” said IFO President … Read more

Investors evaluate the course of the interest rate

Manfred Knauf, CEO of Commerzbank, says that the bank is preparing not for a catastrophe, but for a mild recession Commerzbank CEO Manfred Knof said the bank had prepared for a “mild recession” and that it expected an increase in non-performing loans, but that it was “certainly not a disaster or a default problem”. “We’ve … Read more

European stocks open to close, data, earnings and market moves

Vivendi is keen to talk to the Italian government about the One Network plan Telecom Italia’s lead investor, Vivendi, wants to start talks with the newly elected Italian government to discuss plans to create a national broadband company, according to Sources close to the cluster. Negotiations for the sale of Telecom Italia’s landline network to … Read more

Who is eligible and how to get your payment

Could be millions of Americans across multiple states Eligible for relief payments From local governments this month as the nation continues Bear the burden of record inflation levels. State governments in California, Hawaii and Virginia are preparing for it Provide much-needed assistance to the population In the form of checks and debit cards intended to … Read more

German relief plan could lead to UK-style bond collapse

German Chancellor Olaf Scholz announced last week a €200 billion ($198 billion) package designed to help drive up energy prices. The “Defensive Shield” includes gas price braking and a reduced sales tax on fuel. Stevie Luce | pool | Reuters Amid pessimistic forecasts of a recession in Germany and the broader region, analysts at a … Read more

White House hosts local officials, touts impact of policies | Health, medicine and fitness

By Josh Bock – The Associated Press Washington (AFP) – The White House is making a new effort to show local governments what it can do for their communities, and is hosting North Carolina officials to highlight funding opportunities and hear firsthand how to do it. Relief from Corona VirusAnd the Infrastructure dollars Other policies … Read more

European stocks open to close; Markets brace for more Fed rate action

Putin announces partial military mobilization Russian President Vladimir Putin speaks during a ceremony to receive letters of credit from newly appointed foreign ambassadors at the Kremlin in Moscow, Russia, September 20, 2022. Pavel Bednyakov | Sputnik | Reuters Russian President Vladimir Putin on Wednesday announced a partial military mobilization in Russia, putting its people and … Read more

The next Fed meeting will decide whether stocks can stabilize or fall to market lows

The Federal Reserve is expected to raise interest rates by another three-quarters of a point on Wednesday, but it is what it indicates about future rate hikes that will drive the markets. The central bank’s two-day meeting on Tuesday and Wednesday comes in a week where investors will also be on high alert for more … Read more