, /PRNewswire/ — Edianyun is a major office IT integrated solution provider in China, providing one-stop office IT services on a subscription basis to enterprise customers consisting mainly of SMEs. According to Zhitong Caijing APP, HKEX revealed that Edianyun had submitted a listing application to HKEX Mainboard again on September 9, with CICC as the exclusive sponsor.… Continue reading New Stock News Chinas First and Largest Office IT Integrated Solution Provider Edianyun Resubmit to HKEX
The 2-year Treasury just touched its highest level since 2007 as aggressive Fed moves send bonds yields soaring
The two-year Treasury yield hit its highest level since 2007 on Friday. The jump in US bond yields follows another aggressive rate hike by the Fed this week. The central bank has signaled that it can stomach an economic downturn if inflation comes down. Loading Something is loading. The two-year Treasury yield touched its highest… Continue reading The 2-year Treasury just touched its highest level since 2007 as aggressive Fed moves send bonds yields soaring
The stock market is in a bottoming process that will lead to 17% upside by early 2023 as the Fed gears up for a data-dependent pause, Stifel says
US stocks are in the middle of a bottoming process that will ultimately lead to more gains ahead, according to Stifel.Stifel highlighted several positive upcoming catalysts, including the Fed pausing future rate hikes.The investment firm expects the S&P 500 to surge 17% to 4,400 by the first quarter of 2023. Loading Something is loading. The… Continue reading The stock market is in a bottoming process that will lead to 17% upside by early 2023 as the Fed gears up for a data-dependent pause, Stifel says
Putin’s self-sanctioning of Russian energy supplies will be absorbed by Europe, but Moscow will never be able to replace those customers, Kremlin critic Bill Browder says
Vladimir Putin is only hurting himself by slashing gas supplies to Europe, Russian-American financier Bill Browder said. That’s because Europe will be be able to absorb the pain of the energy crisis, but Russia can’t easily replace those customers. “He’s done himself an amazing self-sacrifice, which will serve our purposes,” Browder said of the halt… Continue reading Putin’s self-sanctioning of Russian energy supplies will be absorbed by Europe, but Moscow will never be able to replace those customers, Kremlin critic Bill Browder says
The Fed is embracing a possible housing-market correction as a way to get ‘red-hot’ prices back to a more sustainable level
The housing market is in a slump. That’s a good thing, according to Fed Chair Jerome Powell. After years of “red-hot” prices, a correction can help boost home affordability, he added. The Fed is poised to keep raising rates into 2023, meaning the market decline is likely in its early stages. Loading Something is loading.… Continue reading The Fed is embracing a possible housing-market correction as a way to get ‘red-hot’ prices back to a more sustainable level
Investors are pricing in an additional 125-basis-point rate hike over the next 2 Fed meetings
Investors on Thursday were pricing in 1.25 percentage points in additional rate hikes through the rest of the year The pricing suggests the fed funds target rate will hit a range of 4.25%-4.5% by the end of 2022. UBS anticipates a recession if the Fed raises rates closer to 5%. Loading Something is loading. Investors… Continue reading Investors are pricing in an additional 125-basis-point rate hike over the next 2 Fed meetings
Turkish Lira hits record low after the country’s central bank moves forward with another rate cut despite soaring inflation
The Turkish Lira fell to a record low on Thursday after the country’s central bank cut interest rates.Turkey’s central bank has been cutting rates despite soaring inflation due to pressure from the country’s president.Turkey’s inflation rate topped 80% in August, and the central bank responded with a 100 basis point rate cut. Loading Something is… Continue reading Turkish Lira hits record low after the country’s central bank moves forward with another rate cut despite soaring inflation
NetElixir Releases 2022 Holiday E-Commerce Sales Calendar Early; Forecasts 7% YoY Growth
Digital marketing agency predicts shifting buying behaviors will spur necessary retail strategy pivots , /PRNewswire/ — In advance of what is anticipated to be the first true “post-pandemic” holiday season, digital marketing agency NetElixir released its 2022 holiday e-commerce sales forecast calendar. Their data forecasts suggest that aggregate e-commerce sales will experience a 7% YoY increase… Continue reading NetElixir Releases 2022 Holiday E-Commerce Sales Calendar Early; Forecasts 7% YoY Growth
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