The Pre-Market Rundown: January 22, 2024
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Bullish on Yen on a 12-month view given Japan's economic trend: Strategist
Kathy Lien of BK Asset Management expects ‘significant’ unwinds in Yen carry trade in 2024 as the Bank of Japan is expected to tighten monetary policy while other major central banks are likely to cut rates.
Google's antitrust probe heats up
European Commission may be preparing for formal case against Google, according to The Wall Street Journal.
Last Call panel weighs in on Sports Illustrated laying off entire staff
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. 05:17 Fri, Jan 19 20248:35 PM EST
China’s reserve ratio requirements cut is ‘meaningful’, but not enough
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sameer Goel of Deutsche Bank says in addition to more monetary easing from China’s central bank, and more fiscal measures are also needed to support the market and boost the economy.
Near- and long-term looks very strong at the company
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Johnson & Johnson CFO Joseph Wolk joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, which reported fourth-quarter earnings and revenue that narrowly edged out Wall Street’s expectations. 04:15 Tue, Jan 23 20247:48 AM EST
Bank of England rate cuts would help our business, ProsperCap says
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Iqbal Jumabhoy, CEO of ProsperCap, discusses the company’s business outlook, taking into account factors such as interest rate cuts and the return of Chinese tourists.