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How the former Fed boss could shake up the Bank of England

by Walter Watson
How the former Fed boss could shake up the Bank of England

Former Federal Reserve Board Chair Ben Bernanke speaks during a discussion on “Perspectives on Monetary Policy” during the Thomas Laubach Research Conference at the Federal Reserve Board building in Washington, …

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Central banks had a big week. Here’s what happened — and what’s next

by Walter Watson
Central banks had a big week. Here’s what happened — and what’s next

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. …

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U.S. consumer sentiment stays steady

by Walter Watson
U.S. consumer sentiment stays steady

Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our …

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Wall Street focus turns to the Fed

by Walter Watson
Wall Street focus turns to the Fed

A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …

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Why recent rallies in bitcoin, gold may be related

by Ron Morgan
Why recent rallies in bitcoin, gold may be related

The bitcoin rally was catalyzed by microeconomic factors at the end of 2023, but may have recently fused into the more macroeconomic-fueled gold rally, according to Wolfe Research. The yellow …

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Europe is having its worst earnings season since the onset of Covid

by Ron Morgan
Europe is having its worst earnings season since the onset of Covid

Arc of Triomphe Paris, Champs-Elysees France at night vichie81 / iStock / Getty Images Plus LONDON — Around a half of European companies missed earnings expectations in the latest reporting …

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Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

by Walter Watson
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising …

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Magnificent 7 profits now exceed almost every country in the world. Should we be worried?

by Walter Watson
Magnificent 7 profits now exceed almost every country in the world. Should we be worried?

A picture shows logos of the main communication brand also named GAFAM (for Google, Apple, Facebook, Amazon and Microsoft)in Mulhouse, on June 2, 2023.  Sebastien Bozon | AFP | Getty …

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High rates help Germany’s Commerzbank post best results in 15 years

by Walter Watson
High rates help Germany’s Commerzbank post best results in 15 years

Commerzbank on Thursday reported a 55% hike in net profit for 2023, as high interest rates helped the German banking giant report its best results in 15 years. Net profit …

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Earnings, central bank policy in focus

by Walter Watson
Earnings, central bank policy in focus

LONDON — European markets moved higher on Friday to close out a busy week of corporate earnings and major central bank decisions. The pan-European Stoxx 600 was up 0.6% in early trade, …

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