Head of markets says BOJ could launch an exit strategy as soon as end-September 2023
The head of Mitsubishi UFJ Financial Group Inc.’s (MUFG) global markets business Hiroyuki Seki spoke in an interview “I think the Bank of Japan could launch an exit strategy as soon as the first half of the next fiscal year under the new leadership,” (Note that Japan’s new fiscal year begins in April. Bank of […]
U.S Banks BAC, WFC and JPM Launch Earnings Season
U.S. EARNINGS ANALYSIS AND TALKING POINTS Banks bolster net reserves showing concerns around the 2023 macro-economic outlook. NII improves for BAC, WFC and JPM but weaker IB limits upside. Recommended by Warren Venketas Get Your Free Equities Forecast U.S. banks in general have kicked off 2023 in the green with JPMorgan (JPM), Bank of America […]
Trading Apple on Reality Pro VR Headset Launch
In 2022, Apple lost $846.34 billion in market cap due to the global stock market sell-off and issues in production from its main China factory due to Covid-19 restrictions. However, investors are now looking ahead at the year with attention turning to the highly anticipated launch of Apple’s ‘Reality Pro’ mixed reality headset. […]
Firms to Launch Benchmarks for Metaverse-Linked Tokens on Jan. 30
Derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announced on Thursday. The benchmarks, which will be calculated and published daily by CF Benchmarks, will provide “accurate and resilient pricing data” for tokens linked to the Axie […]