On Thursday the governor of the Bank of Japan Haruhiko Kuroda made a statement.
On Thursday the governor of the Bank of Japan Haruhiko Kuroda made a statement.
With inflation still elevated and a recession coming, the U.S. interest rate could probably reach not only 4.5%, but become even higher. Such a measure is necessary in order to cope with inflation. JPMorgan Chase & Co CEO Jamie Dimon announced this at a meeting of the International Institute of Finance on Thursday.
General Electric Healthcare's subsidiary is expected to launch in the first half of January 2023, as company officials said.
In November, Netflix will introduce a subscription plan with advertising. The plan will cost about $7 a month. The streaming service will debut an ad-supported tier to attract new subscribers. Earlier, in the first half of the year, the company lost a lot of subscribers.
Morgan Stanley analysts have established a neutral rating on Netflix shares and determined the fair value per share at $230.
Recovery of the British pound started after the management of the Bank of England expressed its intention to extend the bond-buying program if necessary.
In anticipation of the earnings report to be released in 2 weeks, Credit Suisse analysts reaffirmed their Outperform rating on Apple stock and raised their fourth-quarter revenue forecasts by 1%, as well as their earnings per share forecasts by $0.04, which was higher than projected.
Companies having extensive international presence keep meeting obstacles created by the U.S. dollar remaining strong. The EUR/USD currency pair has been remaining below parity for several weeks already, and analysts believe the record lows for the last 20 years might be soon renewed due to interest rate increase.
Richard Clarida expects the CB to raise interest rates to 4,5% to 5% and keep them there for some time.
Chevron expects to export most of its liquefied natural gas (LNG) from the US due to high LNG prices in Europe.