financetom
Business
financetom
/
Business
/
Commerzbank on Overnight News
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Commerzbank on Overnight News
Aug 29, 2024 3:00 AM

05:42 AM EDT, 08/29/2024 (MT Newswires) -- Commerzbank in is "European Sunrise" note of Thursday highlighted:

Markets: United States Treasuries (UST) little changed in the late New York session and Asia. US equity futures soft following Nvidia, DXY also lower, oil sideways.

Fed: Federal Reserve Bank of Atlanta President Raphael Bostic says his timeline for cuts has accelerated but remains cautious on when to begin lowering rates, rather wants to err on the side of waiting longer and "don't want us to be in a situation where we cut and then have to raise again."

US: New poll finds Vice President Kamala Harris leads former President Donald Trump in Arizona, Georgia and Nevada, Trump leading in North Carolina.

US: First release of Atlanta Fed wage tracker since March shows a hump in April-June but the resumption of the downtrend in July.

== EUROPE:

Italy: Tesoro's upcoming structural budget plan to confirm commitment to reduce the deficit below 3% in 2026 (Reuters).

Ukraine: The International Monetary Fund (IMF) team will conduct a review for the disbursement of $1.1 billion tranche next week (Bloomberg). Bondholders approve $20 billion debt restructuring.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved