Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

US slowdown ahead?

US slowdown ahead?

Published : 7 years ago, on

By Peter Rosenstreich

Today’s announcement that January US Pending Home Sales fell 4.7% points to an economic slowdown. It is triggered by the US Federal Reserve’s money-tightening strategy that is finally taking hold, but also by winter weather. Rising mortgage rates should depress consumer demand, making a strong rebound unlikely.

As a long Easter weekend approaches, risk sentiment is weak. Equities failed to maintain momentum from Tuesday’s upward bounce. Profit taking dragged tech and consumer shares, while defensive plays in utilities and telecoms outperformed as yield harvesting is driving investors. That did not spill into forex as high-yielding emerging market currencies were softer across the board. Even big gainers MXN and ZAR were flagging. EUR/USD came off highs as the USD clawed back gains. US Treasuries rallied (specifically in the middle of the curve). After Easter, risk appetite is likely to resume.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post