Tag Archives: JPMORGAN CHASE & CO

Australian Jobless Rate Unexpectedly Drops on East-Coast Hiring

Australian unemployment unexpectedly decreased in September after a flare of hiring in the two most populous states. Key Details Employment rose 19,800 from August; economists calculate 15,000 increase Jobless rate fell to 5.5%; reckon 5.6% Full-time jobs rose by 6,100; part-time employment climbed 13,700 Participation rate was unchanged from a revised 65.2% Aussie dollar bought … Read More

Banks Pine for Loan Growth as Clients Wait on Trumps Promises

President Donald Trump’s pledges to overhaul taxes, swap, infrastructure and health care may thrill some corporate commanders, but it’s inducing many to retard swellings. That’s bad for banks. Lending growth probably decelerated for a fourth straight quarter in the three months pointed Sept. 30 across more than a dozen of the most difficult U.S. banks, … Read More

The Worlds Biggest Wealth Manager Wont Touch Bitcoin

UBS Group AG, the world’s largest opulence director, isn’t is fully prepared to build portfolio quotums to bitcoin because of a lack of government omission, the bank’s chief asset polouse said. Bitcoin has also not reached the critical mass to be considered a viable money to invest in, UBS’s Mark Haefele said in an interview. … Read More

Dollar Slide Deepens as Euro Strength Saps Stocks: Groceries Wrap

Despite a U.S. vacation, the dollar dominated trading on Monday as it headed for a fourth daytime of rejects, diluting against every major currency. The euro’s rush weighed on European inventories, while golden gained. Bloomberg’s dollar index approached its lowest level in three years as the euro increased additions that have pushed it to the … Read More

AmEx Takes Aim at Visa and Mastercard in Battle for Mom-and-Pops

American Express long regarded a special target in the credit-card continuum. It wasnt precisely any section of plasticto possess one you had to pay your equilibrium every month as well as a notoriously distressing annual fee. But laying it down on the counter became a gesticulate of property by the lucky cardholder, and there was … Read More

Asia Broths Are Mixed as Euro Gains, Bonds Steady: Groceries Wrap

Asian stocks are set to end the week on differing directions as Japanese shares slumped, while those in Hong Kong provided a record acquiring fleck. Volatility in the Fund marketplace subsided and the euro spread its advance. Equities rose in most Asia-Pacific markets with above-average loudness in Hong Kong and South Korea, while a stronger … Read More

China Bond Selloff Spreads to Stocks as Deleveraging Risks Mount

Chinese inventories descended the most since early August, transgressing the mollify that persisted through the recent Communist Party Congress, as sovereign bails extended a monthly mob amid headache the government will step up efforts to reduce leveraging in financing of the sector. The Shanghai Composite Index stopped as much as 1.7 percent on Monday, and … Read More