Daily Briefing: - Critical policy signals awaited from Fed chairman Jerome Powell this week - Apple’s drop on Wall Street overnight drags tech sector lower - Reaction to Deutsche Bank's restructuring weighs on European banking sector stocks
and staff cuts of 18,000 was met with a stock price drop of more than 5.4%.
Shares in other chemical companies from Bayer to Lanxess and Wacker Chemie are also down in early trade. Autos could also suffer as BASF cited a downturn in automotive markets. Helped by scaled-down expectations of Fed easing later this month – where only a quarter-point cut is now priced into futures markets – the dollar’s DXY index rose to its highest in almost three weeks.
Italy’s 50-year government bond yield rose sharply following news that Rome will tap its ultra-long dated bond to take advantage of recent positive sentiment.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BuzzFeed’s First Snapchat Show: ‘BTW’ Serves Up Celeb, Entertainment Daily Dish (EXCLUSIVE)Snap keeps building toward its vision of Snapchat becoming the TV habit for the mobile generation. The company is launching “BTW,” BuzzFeed’s first original show for Snapchat, pro…
Read more »
How to Put The Best Outfit Together DailyHave you ever woken up in the morning with no idea what to wear? This is a common thing for
Read more »
Celebrity daily edit: Danish twins pay tribute to their Australian roots, Stacey Solomon family photo - videoCelebrity daily edit: Danish twins pay tribute to their Australian roots, Stacey Solomon family photo - video
Read more »
The Podcast Hosts Who Prefer the Daily Mail to CNN.bitch_sesh hosts caseyrosewilson and Daniellestuff on their podcast, their daily routines, and the appeal of the Real Housewives
Read more »
Segregation has soared in America’s schools as federal leaders largely looked awaySegregation is soaring in U.S. schools, yet it has received scant attention in presidential politics — until an attack at a Democratic debate.
Read more »