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Kriti the magnificent seven driving a rebound in u. S. Stocks. Apple unveiling plans for a new inhouse ai powered chip. Monetary policy, traders reprice the ecb putting it on track to cut before the federal reserve. Christine lagarde insisting the ecb does not take cues from across the atlantic. Wall street Bank Earnings are in focus. Jp morgan, citi, wells fargo all set to report today. It is friday. Were ready for the we can but theres plenty to digest the next 24 hours. We look at the futures picture, broadly positive this side of the atlantic. Euro stoxx 50 futures higher 0. 6 . The ftse 100 seeing green on the screen this morning, higher 0. 4 . Is that pricing in the full story of the ecb cutting . Is that a positive rates story . At the end of the day, the s p story not seeing as much green on the screen, despite that massive rebound in the u. S. Tech space on particular. Usually you would see the asian or european traders ho ....
Zimbabwe’s Treasury plans to inject a further $150 million into the central bank to restore its lender of last resort role and confidence in the financial services sector, finance minister Patrick Chinamasa said yesterday. Last year, the government injected $100 million to boost the central bank’s assets and Chinamasa told a press briefing after the ....