Page 2 - Net Long Term News Today

The stakes are high on Wall Street this week as quarterly results from names including Netflix, Tesla, and Twitter kick the earnings season into full swing.

- UK Nov CPI above target for the 4th straight month and at decade high ahead of Thurs BOE rate decision. - Awaiting over a dozen rate decisions in th

- Markets remains focused on supply-chain issues and energy shortages (commodities, crude prices rose more than 1% to test 2018 highs); sentiment driv

- China registered disappointing economic figures in July have raised the chance of more fiscal and monetary policy support to help cushion the recove

- Sanofi [SAN.FR] +1%, - Speakers - EUs Vestager noted that it was too early to consider a 2nd economic recovery package for the region. - Hungary Central Bank Dep Gov Virag stated that saw many signs of inflation in the economy with upward risks rising. MPC to be proactive in addressing inflation and stressed that maintenance of price stability would be key. Saw inflation back within range by summer. - - Russia Central Bank Dep Gov Zabotkin stated that monetary policy should return to n...

4/16/2021 10:02:51 AM GMT Notes/Observations - Chinas Q1 GDP grew at a record pace. Asia: - China Q1 GDP data registers record annualized growth (Q/Q: 0.6% v 1.4%e; Y/Y: 18.3% v 18.5%e. - China Mar Industrial Production Y/Y: 14.1% v 18.0%e. -China Mar Retail Sales Y/Y: 34.2% v 28.0%e. -China Mar Surveyed Jobless Rate: 5.3% v 5.4%e. - South Korea President Moon appoints Kim Boo-kyum as Prime Minister. Coronavirus: Europe: - New Financial think tank Survey: City of London Brexit hit worse than ex...

Publicis [PUB.FR] +3% (sales), Deliveroo [ROO.UK] -1% (trading update). - - Speakers - BOE Q2 Bank Liabilities and Credit Conditions Surveys noted that lenders expected the availability of secured credit to increase over the next three months to end-May. Total funding volumes were expected to increase in the three months to end-May (Q2). - German Fin Min Scholz reiterated stance that govt must support businesses and households until the pandemic was over. Country could afford to finance all...

- Molecular Partners [MOLN.CH] +5% (trial), AstraZeneca [AZN.UK] -1% (Ireland suspends use of vaccine) - Speakers - BOE Gov Bailey0reiterated stance that current lockdown was having less effect on economy compared to a year ago. Had a more balanced picture on risks and could see a spending of savings and viewed as an upside risk. Very helpful that furlough scheme to extend beyond end of covid restrictions. Would expect a pickup in inflation towards 2% in the coming months; but question was ...

Once traders return from Monday's Presidents Day holiday, data on the strength of the U.S. consumer will be in focus, with the Commerce Department's monthly retail sales report and earnings results from retail giant Walmart each on tap.