Search results for "DOM"

Wall Street expects another volatile day for US stocks if Wednesday's CPI data shows any deviation.

The inflation data released by the United States on Wednesday may bring Fluctuation to the stock market. Forecasters expect the December CPI to show a strong rise for the fifth consecutive month, with core CPI pumping 0.3% in December. If the data is higher than this level, the stock market may fall by 1% to 2%; if the data is weaker, a Rebound may occur. Goldman Sachs and JPMorgan expect that the U.S. stock market needs a clear easing of hawkish policies to sustain the rise.
More
  • 9
  • 1

Goldman Sachs: CPI data warming may lead to further reduction of the probability of a rate cut in December.

Goldman Sachs' senior market advisor Dom Wilson said that the November FOMC conveyed a message of "steady progress," and it may take a truly major surprise to drive the market. A pickup in data could further reduce the probability of a rate cut in December.
More
  • 3

Russia's Savings Bank, TBank, and Tochka Bank join the digital ruble pilot

Golden Finance reported that Sberbank, TBank, and Tochka Bank of the Russian Federation have become participants in the pilot program for transactions using digital rubles. Previously, a total of 12 financial institutions participated in the pilot program: Alfa-Bank, DOM.RF Bank, Ingosstrakh Bank, VTB, Gazprombank, Ak Bars Bank, MTS Bank, Promsvyazbank, Sovcombank, Sinara Bank, and TKB.
More