[U.S. market]S&P 500 rebounds for the first time in 7 days, yields plunge – low 144 yen – Bloomberg

The US stock market rose sharply on the 28th. U.S. Treasuries also rose. Financial markets calmed down after the Bank of England announced its purchase of government bonds. The dollar/yen exchange rate fell to the low 144 yen level. Bank of England buys long-term UK bonds – as much as needed to calm markets (3) … Read more

Apple prioritizes its production over standard models according to Bloomberg

The launch of the new iPhone 14 is going well, but it seems that whoever is getting the most credit with the iPhone 14 Pro. Bloomberg have reason to believe that Apple has changed production volumes to give an advantage to the most expensive and professional models, whose demand has grown more than expected. The … Read more

U.S. House Price Index Sees Biggest Slowdown on Record in July, Reflecting Market Cooldown – Bloomberg

There were signs of change in US housing prices. That’s according to the July index compiled by S&P Corelogic/Case-Shiller. Key Point National home price index rose 15.8% year-on-year Lowest growth since April 2021 Up 18.1% last month US 20 city home price index rose 16.1% year-on-year Market expectations rose 17.1% Up 18.7% last month Growth … Read more

Bloomberg: Apple will introduce four new products without presentations

Apple will show new computers, laptops and tablets by the end of the year, but without a separate presentation of new products. This is reported Bloomberg in the Power On mailing list. According to Mark Gurman, editor of the publication, the American company does not have the budget for another major presentation, even online, so … Read more

UK Chancellor Kwartengu says tax cuts ‘more’ to come, unfazed by market turmoil – Bloomberg

Britain’s Chancellor of the Exchequer Kwarteng said on Thursday that additional tax cuts would be implemented to boost economic growth.The Truss administration is the largest government since 1972.tax cutjust announced. The comprehensive tax cuts announced on Wednesday include the abolition of the top income tax rate for high-income earners and a one-point reduction in the … Read more

What does the IMF want from Egypt to approve the loan?… And what is the expected duration and amount?

Finance Minister Mohamed Maait said Egypt hopes to at least be able to reach a staff-level agreement on IMF assistance within one to two months, and the government is studying options that include affordable loans from China and Japan.And the American Bloomberg network quoted in an interview yesterday with the minister in New York, saying: … Read more

Salvini to Bloomberg: “During the war I changed my mind about Putin” – Politics

“My opinion of Putin really changed during the war, because when someone starts invading, bombing, sending tanks to another country, well, everything changes.” This was stated by the leader of the League, Matteo Salvinia Bloomberg. What for Matteo Salvini will not change, however, is the international position of Italy. “For the foreseeable future China is … Read more

Bloomberg: A Global Macroeconomic Winter Ahead and Bitcoin’s Rise to $100,000

Mike McGlone, Chief Commodity Strategist at Bloomberg Intelligence, says Bitcoin (BTC) will trade at $100,000 by 2025. And this mainly in connection with the current macroeconomic situation characterized by high inflation. New Bitcoin Rally During an interview with Kitco News on September 17, McGlone noted that Bitcoin’s rally will be linked to growing demand and … Read more

Economists’ Fed expectations become clear – Bloomberg HT

Fed officials will signal a more hawkish stance next week, signaling rates to reach 4 percent by December and remain high through 2023, according to a Bloomberg poll of economists. According to the survey, policymakers will raise rates by 75 basis points for the third consecutive year after the Federal Open Market Committee (FOMC). If … Read more