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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 - EU's 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 neutral (**Note: Neutral level for rates seen between 5.0-6.0% area with the One-Week Auction Rate c...