POPULARITY
President Trump's tariff postponement helps to boost sentiment in Europe with French and German stocks starting the week solidly in the green. The autos and aerospace sectors lead gains. ECB President Christine Lagarde says that the euro could rival the dollar in times of political volatility if the bloc can succeed in strengthening its security and capital markets. And in autos news, Tesla's April sales in Europe decline by more than 50 per cent on the year while petrol car sales also slow by a fifth. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Bitcoin is down slightly at $98,153 Eth is down slightly at $3,051 XRP, down half a percent at $2.74 Canada responds to tariffs in-kind. US Energy prices could increase affecting BTC mining. ECB President Christine Lagarde says Bitcoin won't be added to Eurozone's reserves. 21 shares files for DOT ETF Czech National Bank looks at Bitcoin as reserve asset. Irreducible raises $24M in Series A. Crypto industry loses $74M to hacks in Jan. Learn more about your ad choices. Visit megaphone.fm/adchoices
The S&P 500 snaps a 7-day winning streak after the Federal Reserve's PCE Index ticks upwards to 2.3 per cent. ECB President Christine Lagarde urges the EU to engage with U.S. President-elect Donald Trump on tariffs rather than risk a stand-off and retaliation. Germany's Uniper hikes its FY guidance after having settled a number of legal cases which has allowed the energy giant to release provisions. In insurance news, Direct Line rejects a potential £3.3bn takeover from rival Aviva saying it had “substantially undervalued” the company. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey. In an exclusive interview with Bloomberg TV's Francine Laqua, ECB President Christine Lagarde spoke about inflation, rate cuts and Donald Trump's comments related to tariffs and the Fed. See omnystudio.com/listener for privacy information.
On today's Daily Voice, Sam recaps the first trading day of the week, where the Nasdaq stood out as the only major US equity market to close in positive territory, driven by strong performances from Nvidia and Apple. He also offers a preview of the upcoming trading sessions, highlighting key market-moving events such as anticipated comments from ECB President Christine Lagarde and Bank of England Governor Andrew Bailey. Lastly, Sam dives into the companies set to report their earnings later today
European Central Bank policymakers have decided to lower interest rates by a quarter percentage point, a third such cut this year as inflation across the 20-member eurozone came down to 1.7 percent in September. ECB President Christine Lagarde says that while the bank does not expect a recession, downside risks remain amid heightened geopolitical tensions. Plus, China announces a fresh stimulus package to prop up its faltering property sector.
The Dow and the S&P 500 notch new records while the Nasdaq enjoys its fourth consecutive quarter in the green. Federal Reserve Chairman Jerome Powell says the central bank does not have pre-set projections for rate cuts. In Japan, equities recover some ground ahead of new Prime Minister Shigeru Ishiba unveiling his new cabinet. Stateside, up to 50,000 longshoremen begin their first strike in almost half a decade across a number of East Coast and Gulf of Mexico ports in a move that some analysts estimate will cost the American economy up to $5bn a day. Israeli special forces begin targeted ground operations in southern Lebanon aimed at destroying Hezbollah positions and infrastructure. ECB President Christine Lagarde says she is broadly in favour of cross-border banking mergers as Unicredit continues to woo German lender Commerzbank. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
ECB President Christine Lagarde, US Federal Reserve Chair Jerome Powell and Governor of the Banco Central do Brasil Roberto Campos Neto sat down together to discuss the steps they've taken to fight inflation and reflect on the road ahead during the ECB Forum on Central Banking in Sintra, Portugal. Recorded on 2 July 2024 and published on 3 July 2024. 2024 ECB Forum on Central Banking https://www.ecb.europa.eu/press/conferences/ecbforum/html/index.en.html The ECB Podcast - The road ahead: is there room for optimism? https://www.ecb.europa.eu/press/tvservices/podcast/html/ecb.pod240627_episode86.en.html European Central Bank https://www.ecb.europa.eu/home/html/index.en.html European Banking Supervision https://www.bankingsupervision.europa.eu/home/html/index.en.html
Federal Reserve Chair Jerome Powell hails the U.S. central bank's work to rein in inflation but also echoes ECB President Christine Lagarde, telling CNBC he requires more data before moving to cut rates. Markets remain sanguine with the S&P 500 breaching the 5,500-point mark for the first time as investors take heart from Powell's positive remarks. In autos news, Tesla shares are up after a Q2 delivery beat despite the total full-year figure coming in low. In France, parties form a republican front in a bid to quell a National Rally majority in this Sunday's second-round parliamentary election. And in the UK, Prime Minister Rishi Sunak warns against a Labour super-majority ahead of tomorrow's general election.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We are live at the ECB's annual forum in Sintra, Portugal, where ECB President Christine Lagarde plays down suggestions of a soft landing in the euro zone as price pressures linger. In the U.S., the Supreme Court historically rules that immunity extends to ex-presidents over official acts which would see a delay to former President Donald Trump's Washington trial for attempting to overturn the results of the 2020 election. Wall Street begins July in the green with Treasury yields rising as investors mull the return of Trump to the White House. In France, the French leftist and centrist blocs face a deadline to merge against the Rassemblement National, urging third-placed candidates to withdraw. And in the UK, party leaders make their last-minute pitches to voters ahead of this Thursday's general election.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Inflation in the eurozone decreased to 2.5% in June from May's 2.6%, still above the European Central Bank's target. The ECB made a minor cut to its benchmark rate but remains cautious about further reductions. Service prices held steady at 4.1%, indicating persistent inflation. High rates aim to lower inflation by making borrowing more expensive but may slow growth. ECB President Christine Lagarde stated that more data is needed to confirm inflation risks have subsided before considering more cuts. Despite uncertainties, the job market stays strong, though higher rates have hit credit-sensitive sectors like real estate and construction, raising mortgage rates and ending a rally in house prices. Savers benefit from higher interest rates. Lagarde emphasized the June rate cut was moderate and not the start of ongoing reductions, with no additional cuts expected at the July 18 meeting. The European economy shows modest growth, but a slowdown in factory activity is evident. The inflation surge initially stemmed from higher energy prices after Russia cut natural gas supplies.Learn more on this news visit us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.
Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened down 79-points this morning from yesterday's close, at 21,824 on turnover of $5.2-billion N-T. The market surged to another all time high on Thursday, to jump to just over the 21,900 point mark. Investors continued to rally (恢復,價格回升) around artificial-intelligence development-related stocks. Ministry of Environment Seeks Zero Waste Environment Minister Peng Chi-ming says the government is still hoping to achieve (達到) zero waste. He says new regulations on recycling will be drafted by the end of this year Speaking at a legislative committee hearing, Peng said amount of stored general waste increased from 210,000 tonnes in 2018 to 840,000 tonnes last year. That's largely due to an rise in the amount of packaging waste from online shopping and food delivery. According to Peng, the government is seeking to add five new incinerators. He says the incinerators will bring the total number of waste incinerators islandwide to 29 by the end of 2027. The environment minister said that will increase the total waste processing capacity from 6.81 million to 7-million tonnes per year. And he went on to tell lawmakers that new regulations will also be drawn up to promote recycling and reuse of certain products. Bird Flu Strains Spreading Through US Mexico There are growing concerns about strains (菌株) of bird flu infecting livestock and humans in the United States. There have been at least three confirmed cases of people developing the H5N1 virus in recent months, including in the US states of Texas and Michigan. Authorities, though, say the risk to the general public is still low. Sally Patterson reports. UN: Congo Camp Fire Leaves Families without Shelter The U.N. says a fire at a displacement camp in eastern Congo has destroyed around 50 makeshift tents. The blaze left dozens of families without shelter (庇護所). On Wednesday afternoon, the tents were reduced to ashes at the Mugunga displaced people camp near the provincial capital Goma. The United Nations said the fire is believed to have started during cooking at the camp. The UN says the same camp was hit by bomb attacks in early May, which killed at least 18 people and injured 32 others. ECB Cuts Key Interest Rate The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve. The ECB cut its benchmark rate to 3.75% from a record high of 4% at a meeting of the bank's 26-member rate-setting council in Frankfurt. ECB President Christine Lagarde said inflation had eased (緩解) enough for the central bank to start lowering rates. But inflation in the eurozone is expected to remain (保持) above the ECB's 2% target into next year. Lagarde declined to say how fast or how deep any future rate cuts might be. That was the I.C.R.T. news, Check in again tomorrow for our simplified version of the news, uploaded every day in the afternoon. Enjoy the rest of your day, I'm _____. ----以下訊息由 SoundOn 動態廣告贊助商提供---- 金馬獎司儀德仔獻聲推薦-KICKS HIGHLIGHT 特仕版 跳色塗裝挑紅線條外型,集動力、舒適、安全於一身 93%超高車主滿意度,如同德仔一樣擁有「好聲量」! 德仔都來報佳音的五星安全好車,邀你至門市體驗KICKS的不凡魅力 KICKS HIGHLIGHT特仕版,Highlight你的不凡! https://bit.ly/4aL8AKe
Federal Reserve Chairman Jerome Powell has said that inflation is likely to delay rate cuts this year and says recent data has not provided the central bank with enough confidence to move. However, ECB President Christine Lagarde tells our colleagues Stateside that cuts are due soon, barring any major shocks. The IMF raises global forecasts for growth and hikes its U.S. outlook. The group's First Deputy MD tells CNBC that the Fed's prudence is justified. And a lack of demand from Chinese consumers weigh on French luxury giant LVMH's Q1 sales. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
With geopolitics and the Fed's rate cut timetable in the spotlight, Carl Quintanilla, David Faber and Mike Santoli explored what to make of the recent market volatility: The Dow trying to snap a six-session losing streak and the Nasdaq coming off its worst day in two months. The anchors also discussed market reaction to earnings from the likes of UnitedHealth, Bank of America, Morgan Stanley and Johnson & Johnson. Sara Eisen sat down exclusively with ECB President Christine Lagarde to discuss inflation, interest rates and where the central bank diverges from the Fed on monetary policy. The NCAA women's basketball champion South Carolina Gamecocks rang the NYSE opening bell. Head Coach Dawn Staley and center Kamilla Cardoso -- the third overall pick in the 2024 WNBA Draft -- joined Carl, David and Mike at Post 9. Squawk on the Street Disclaimer
Carl Quintanilla and Sara Eisen tackle today's biggest Money Movers from the floor of the New York Stock Exchange.
Hotter US inflation lowered expectations of interest rate cuts. Wall Street reacted with a down day, but the weakness did not spread to European or Asian equities. However, it was government bond yields and the USD that rose sharply. Today's focus is on the ECB's rate decision – a rate cut is not expected, so the focus will be on the comments from ECB President Christine Lagarde. And the JPY is at its lowest level since 1980, raising the spectre of monetary intervention. Tensions are rising in the Middle East, but so far the markets have remained calm. Carsten Menke, Head of Next Generation Research, notes that the latest news on supply and demand dynamics is very supportive for copper, and Nicolas Jordan from the CIO Office highlights the benefits of Swiss and value stocks in diversified equity portfolios.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Mike Rauber (Investment Writing)07:21 Copper update by Carsten Menke (Head of Next Generation Research)10:35 Latest news from the CIO Office by Nicolas Jordan (CIO Strategy & Investment Analysis)14:01 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Imagine discovering the pulse of the real estate market through the latest Redfin data—this week's episode does just that, laying bare the ebb and flow of mortgage applications, home prices, and what these numbers forecast for potential buyers and sellers. Amidst the fascinating data, we also tackle the broader economic implications of global events, such as the Israel-Hamas conflict, and their possible impact on inflation and your wallet.This episode is far from a mere numbers game; we critically analyze ECB President Christine Lagarde's stance on interest rates and the delicate balance between curbing inflation and nurturing economic growth. With sharp insights and thought-provoking discussions, we traverse the complex terrain of monetary policy and its real-time effects on small businesses and consumers. Join us for a deep dive into the world of finance and real estate, where every percentage point shift could mean a world of difference.This episode is brought to you by Skilled Property Finders - Home of the 21 Day Close!We will close on your property in 21 days or less OR we'll pay an additional $5,000. Visit www.skilledpropertyfinders.com to find out more.Support the show
Ze wordt ook wel de ‘rockster van de financiële wereld' genoemd, maar nu blijkt dat de eigen medewerkers van Christine Lagarde buitengewoon kritisch zijn op haar functioneren. Meer dan de helft van de ECB-medewerkers zegt dat ze ongeschikt is als leider, omdat ze matig tot zeer matig presenteert. Is ze zich te politiek gaan gedragen? Die vraag stelt presentator Hans van der Steeg aan Martin Visser, financieel journalist van De Telegraaf.
European equities react negatively following hawkish comments from ECB President Christine Lagarde who warns not to expect interest rate cuts until the summer. In Davos we hear from outgoing Dutch Prime Minister Mark Rutte who says centrist parties in Europe must be clearer on tough issues in the face of populist party challenges. We also speak to UK Shadow Chancellor Rachel Reeves who is positioning Labour as a pro-business party, with no plans to increase income tax. French President Emmanuel Macron issues a rallying cry for the EU project but bemoans the bloc's fragmentation. Tech giant Apple will remove a blood oxygen feature from Apple watches after an appeals court reinstates a U.S. sales ban following an I.P. dispute with med-tech firm Masimo.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Christine Lagarde, European Central Bank President says it is likely that they will cut rates in the summer. She has been speaking to Bloomberg's Francine Lacqua at the Bloomberg House in Davos. See omnystudio.com/listener for privacy information.
ECB President Christine Lagarde said the fight against inflation is not over, with the focus now on the impact of wage rises, while the US Federal Reserve sees interest rates remaining in restrictive territory. Nvidia reported a strong set of results and Sam Altman is back as the CEO of OpenAI. Eirini Tsekeridou, Fixed Income Research, talks about a successful US 20-year Treasury auction earlier this week and why this is a positive for fixed income investors.00:00 Introduction by Helen Freer (Investment Writing)00:28 Markets wrap-up by Mike Rauber (Investment Writing)06:10 Fixed income update by Eirini Tsekeridou (Fixed Income Research)08:36 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
ECB President Christine Lagarde said that interest rates will have to stay high for longer. Weakness in Richemont and Diageo weighed on European equity markets on Friday. All sectors in the S&P 500 rose as the year-end rally in equities resumed, even as the University of Michigan survey showed a rise in long-term inflation expectations and the impact of higher rates on consumer sentiment. The JPY is trading at its lowest level since October 2022. US President Biden and China's Xi Jinping will meet on Wednesday. Mensur Pocinci, Head of Technical Analysis Research, shares his thoughts on the year-end rally, bond yields and oil.00:00 Introduction by Helen Freer (Investment Writing)00:24 Markets wrap-up by Mike Rauber (Investment Writing)06:37 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)10:15 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
ECB President Christine Lagarde reveals the future of money in Europe: CBDC SPONSORS ► Passport by Foundation: https://www.foundationdevices.com/simply ► Swan: https://www.swan.com/simply ► Kaboomracks: https://www.kaboomracks.com ► Stamp Seed: https://www.stampseed.com PROMO CODE: SIMPLY for a 15% discount BITCOIN CONFRENCE DISCOUNTS ► Bitcoin 2024: https://b.tc/conference/2024 PROMO CODE: SIMPLY for discount on your tickets! ► Bitblockboom: https://bitblockboom.com/?coupon=simplybitcoin PROMO CODE: SIMPLYBITCOIN for a discount on your tickets! ► UnConfiscatable: https://unconfiscatable.com PROMO CODE: Simply10 for a discount on your tickets! FOLLOW US ► https://twitter.com/SimplyBitcoinTV ► https://twitter.com/BITVOLT7 ► https://twitter.com/Optimistfields ► Nostr: npub1vzjukpr2vrxqg2m9q3a996gpzx8qktg82vnl9jlxp7a9yawnwxfsqnx9gc JOIN OUR TELEGRAM, GIVE US A MEME TO REVIEW! ►https://t.me/SimplyBitcoinTV SUBSCRIBE TO OUR YOUTUBE ►https://bit.ly/3QbgqTQ SUPPORT US ► On-Chain: bc1qpm5j7wsnk46l2ukgpm7w3deesx2mdrzcgun6ms ►Lightning: simplybitcoin@walletofsatoshi.com #bitcoin #bitcoinnews #simplybitcoin DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors. Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact Simply Bitcoin.
ECB President Christine Lagarde, IMF First Deputy Managing Director Gita Gopinath and WTO Director General Ngozi Okonjo-Iweala speak with Bloomberg's Tom Keene at the IMF Meeting in Marrakech, Morocco.See omnystudio.com/listener for privacy information.
ECB President Christine Lagarde, IMF First Deputy Managing Director Gita Gopinath and WTO Director General Ngozi Okonjo-Iweala speak with Bloomberg's Tom Keene at the IMF Meeting in Marrakech, Morocco.See omnystudio.com/listener for privacy information.
European Central Bank President Christine Lagarde says the central bank's data-dependency forces it to act meeting by meeting. She spoke with host Tom Keene on the sidelines of the Federal Reserve Bank of Kansas City's annual economic policy symposium in Jackson Hole, Wyoming.See omnystudio.com/listener for privacy information.
Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Bank of Japan tightens monetary policy by loosening its grip on bond yields. (2) NatWest earnings out today after the bank loses two top executives to political scandal. (3) ECB President Christine Lagarde mulls recession risks after hiking rates for a ninth time. (4) Citi tells UK staff their office attendance records will be monitored. See omnystudio.com/listener for privacy information.
The world's top central bankers meet at the ECB annual forum in Sintra, Portugal and stand firm on further rate hikes. U.S. Federal Reserve Chairman Jerome Powell says restrictive policies have not been restrictive for long enough to rein in inflation. ECB President Christine Lagarde tells CNBC that more hikes remain a prospect and that the central bank requires more time to assess its previous moves. U.S. markets are flat on the comments coming from Sintra but Apple stands out closing close to a record $3tn market cap. The main U.S. banks easily pass the Federal Reserve's stress tests but concerns remain about the health of smaller regional lenders. In tech news, Micron beats Q3 earnings expectations on soaring A.I. demand and supply bottlenecks clearing. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Carl Quintanilla, David Faber and Mike Santoli led off the show with Nvidia and other semiconductor stocks under pressure -- after The Wall Street Journal reported the Biden Administration is considering new restrictions on exports of AIchips to China.Top central bankers also in the spotlight: CNBC's Sara Eisen moderated a panel discussion at the ECB Forum in Portugal, including Fed Chair Jerome Powell, ECB President Christine Lagarde, Band of England Governor Andrew Bailey and Bank of Japan Governor Kazuo Ueda. Also in focus: General Mills slumps on its sales miss and outlook, a "Faber Report" on the FTC vs. Microsoft-Activision -- the CEOs of both companies expected to testify in court Wednesday. Squawk on the Street Disclaimer
All three major U.S. indices hit historically high averages ending the session more than 1 per cent in the green. The BoJ sticks to its guns and maintains negative rates despite inflation moving higher. The Nikkei is up in afternoon trade while the yen drops against the dollar. In Frankfurt, ECB President Christine Lagarde hikes euro zone rates to a 22-year high. Lagarde said there was no sign that the hiking cycle could be paused beyond the summer. European leaders attempt to woo the next Tesla gigafactory with CEO Elon Musk meeting with Italian Prime Minister Georgia Meloni before attending the Vivatech conference in Paris later today. And on Wall Street, restaurant chain Cava sees shares surge 100 per cent following its IPO. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Apple launches Vision Pro – its first mixed-reality product since it first entered the wearable category almost a decade ago. In crypto news, the SEC sues the world's biggest exchange, Binance, as well as its CEO Changpeng Zhao for breaking security rules in the U.S. The RBA unexpectedly hikes rates by 25bps, warning that a soft landing still remains elusive for the Australian economy. ECB President Christine Lagarde admits that there are signs core inflation is moderating but says it is too early to announce price pressures have peaked in the euro zone. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
As part of the celebrations for the ECB's 25th anniversary, ECB President Christine Lagarde looks back at a quarter of a century of commitment to price stability and working for a better Europe, and explores what might lie ahead. Published on 24 May 2023. Speech of President Lagarde https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230524~4e026cefbc.en.html 25 years of euro united – The ECB Blog by President Christine Lagarde https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog.230524~ed0f2638c1.en.html Explainer: What the European Central Bank does and what it means for you https://www.ecb.europa.eu/ecb/educational/explainers/tell-me-more/html/anniversary.en.html Explainer: Five things you need to know about the ECB https://www.ecb.europa.eu/ecb/educational/explainers/tell-me-more/html/five_things.en.html Everyone needs stability – Introducing the ECB https://www.ecb.europa.eu/ecb/educational/everyone-needs-stability/html/index.en.html European Central Bank www.ecb.europa.eu You can also listen to The ECB Podcast on SoundCloud, Spotify, Deezer, Stitcher, YouTube, Amazon Music and many more pod.link/ecbpodcast
Andrew and Matt discuss Auto-GPT, Weebit Nano, a potential commercial real estate crisis, Ava Risk Group, Australia's Defence Strategic Review, and ECB President Christine Lagarde's speech and central banks. Follow us on Twitter: @BabyGiantsPod-----0:51 - Good news5:50 - Auto-GPT19:00 - Weebit Nano Ltd (ASX: WBT)29:05 - Commercial real estate35:42 - Ava Risk Group Ltd (ASX: AVA)38:11 - Defence Strategic Review44:12 - ECB President Christine Lagarde's speech
The cost of childcare in the UK is among the highest in the world, and is driving many women to leave the workforce. Access to affordable childcare is a crucial element in addressing gender inequality. On International Women's Day, we also look at efforts to promote female entrepreneurs in the tech industry – Delphine Rémy-Boutang of Digital Women's Day (JFD) says "education, regulation, investment and role models" are all needed. Finally, ECB President Christine Lagarde gives her perspective on being a female leader.
'The European economy in 2023: resilience or recession?' In this latest podcast episode of IIEA Insights, Dan O'Brien, Chief Economist at the IIEA sits down with Stefan Gerlach, Chief Economist at EFG Bank Zurich, to discuss trends in Europe's economy, slowing inflation, labour market trends in Ireland and on the continent. They delve into the bigger questions about the future of Europe's economy, market interactions and what's on the mind of the shapers and makers behind European monetary policy including ECB President Christine Lagarde.
The IMF hints it may upgrade the global growth outlook for the year as the economic forecast shows early signs of brightening. Speaking during a CNBC panel at the World Economic Forum in Davos, managing director Kristalina Georgieva warned that rising rates could still hamper an upturn. The dollar falls on expectations of less aggressive Fed rate increases while the euro hits a nine-month high after ECB President Christine Lagarde tells CNBC there are more 50bps hikes to come. Tech stocks are in focus ahead of earnings this week after the Nasdaq posts its third consecutive week of gains. In China, a major Covid exit wave looks unlikely as up to 80 per cent of the population has already been infected, according to top scientists. German Chancellor Olaf Scholz and French President Emmanuel Macron meet in Paris and vow closer EU ties in the face of greater economic competition from the U.S. and geo-political threats from Moscow.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
THE THESIS: Jerome Powell and his fellow technocrats appear to worship “dot-plots” and their own “wisdom”, but all around them their plans destroy real people. Combine that with the obvious, gross, disgusting corruption at all levels of government and it all becomes plainly Biblical. THE SCRIPTURE & SCRIPTURAL RESOURCES: Ezekiel 28:2“Son of man, say to the leader of Tyre, ‘Thus says the Lord God,“Because your heart is lifted upAnd you have said, ‘I am a god,I sit in the seat of godsIn the heart of the seas';Yet you are a man and not God,THE NEWS & COMMENT:[AUDIO] - Joe Biden, January 2022: The stock market “has hit record after record after record on my watch” - The stock market just had its worst year since 2008.From Zero Hedge:“In the clip below, Senator Shelby asked if it was the data that was wrong, or was there error on their part. Powell's reply seemed to claim it was neither and they followed the textbook's rules. Therefore the book was wrong.[AUDIO] - https://www.youtube.com/watch?v=lOTpseAUrNE&t=121s. . . Powell's response was in short order: 1) They followed the text book rules, 2) We were surprised by unprecedented supply chain issues, 3) We were right in principle”From the NY Times:ECB chief: Limiting fast wage growth is needed to rein in inflationWages in the eurozone are increasing faster than previously estimated, and the European Central Bank must prevent this from adding to already high inflation in the currency bloc, ECB President Christine Lagarde said."We know wages are increasing, probably at a faster pace than expected," Lagarde told Croatian newspaper Jutarnji list, ahead of Croatia joining the currency bloc. "We must not allow inflationary expectations to become de-anchored or wages to have an inflationary effect."Lagarde added that, at the moment, the ECB's interest rates must be higher in order to curb inflation. The central bank has to "take the necessary measures" to lower inflation to 2 percent from its current rate of near 10 percent in the eurozone, she said.Traffic filters will divide city into "15 minute" neighborhoods
英语新闻|通胀率再创新高,欧盟经济前景惨淡Inflation in the 19-member eurozone hit a record 10.7 percent in October, dampening the economic growth prospects amongnations that serve as the engine room of the European Union.10月,欧元区19个成员国的通货膨胀率达到10.7%,再创历史新高,削弱了作为欧盟引擎的多个国家的经济增长前景。The figure is higher than the 9.9 percent recorded in September, accordingto a preliminary report on Monday by Eurostat, the EU's statistics agency.欧盟统计局(Eurostat)10月31日公布的初步数据显示,欧元区国家10月份的通货膨胀率较9月份(9.9%)上涨了0.8个百分点。Eurostat attributed the main components of the grim report to energyprices, which jumped 41.9 percent from the previous year, following a 40.7percent rise in September. Food, alcohol and tobacco rose 13.1 percent whilenon-energy industrial goods increased 6 percent and services moved up 4.4percent.总体来看,能源价格上涨仍旧是导致通胀率再创纪录的最主要原因。数据显示,继9月同比上涨 40.7% 之后,10月欧元区的能源价格同比上涨 41.9%。此外,食品和烟酒价格上涨13.1%,非能源类工业产品价格上涨6.0%,服务价格上涨4.4%。The three Baltic states are among those nations hardest hit, with inflationremaining above 20 percent, topped by Estonia with a jump of 22.4 percent.波罗的海国家(爱沙尼亚、立陶宛和拉脱维亚)仍是受能源市场波动最严重的国家,通货膨胀率均保持在20% 以上,其中爱沙尼亚以22.4%高居欧元区国家之首。In Belgium, the annual inflation rate rose to 12.27 percent in October, thehighest since June 1975, and many economists see no signs of an easing untilthe start of next year.比利时10月份的年通胀率升至 12.27%,为自1975年 6月以来的最高水平,许多经济学家认为直到明年年初通胀才有放缓的迹象。Eurostat on Monday also announced its estimates of GDP growth. The agencyexpects expansion of just 0.2 percent in both the eurozone and the 27-member EUin the third quarter of this year from the previous quarter.10月31日,欧盟统计局还公布了对 GDP增长的估计。该机构预计,今年第三季度欧元区和欧盟 27个成员国的经济增长率仅比上一季度增长 0.2%。Extended slowdown经济增长持续放缓The report was released just days after the European Central Bank, whosetarget is to keep inflation under 2 percent, hiked interest rates by 0.75percentage point last Thursday. The ECB also promised further rises andforecast an extended economic slowdown in the eurozone. 10月27日,欧洲中央银行宣布将欧元区三大关键利率均上调75个基点,预计未来将进一步加息,以确保通胀率及时恢复到2%的中期通胀目标。“Inflation remains far too high and will stay above the target for anextended period,” the bank said in a statement.目前欧元区通胀率仍然过高,并将在较长时间内保持在目标值之上。“In recent months, soaring energy and food prices, supply bottlenecks and the post-pandemic recovery indemand have led to a broadening of price pressures and an increase ininflation.”近几个月来,能源和食品价格飙升、供应瓶颈以及新冠疫情后的需求复苏导致欧元区价格压力扩大和通货膨胀加剧。ECB President Christine Lagarde warned that eurozone economic activitylikely “slowed significantly in the third quarter of the year and we expect afurther weakening in the remainder of this year and beginning of next year”.欧洲央行行长拉加德表示,欧元区陷入衰退的可能性加剧。欧元区经济活动可能“在今年第三季度显着放缓,预计今年剩余时间和明年年初将进一步走弱”。Many experts expect the eurozone — which comprises nations that use theeuro — to go into recession over the winter. An ECB survey last week showedthat participants forecast growth to be negative between the third quarter ofthis year and the first quarter of next year.许多专家预计,欧元区(使用欧元的国家)将在冬季陷入衰退。欧洲央行上周的一项调查显示,成员国今年第三季度到明年第一季度之间的经济预期增长将是负数。In its latest World Economic Outlook, the International Monetary Fund estimatesthat the eurozone will grow by 3.1 percent in 2022 but only 0.5 percent in2023, when major economies Germany and Italy are expected to post negativegrowth.国际货币基金组织(IMF)在其最新的展望中估计,欧元区GDP在2022年将增长3.1%,但在2023年仅增长0.5%,主要经济体德国和意大利预计将出现负增长。“There are first signs of stagflation to be seen,” ECB Governing Council member Olli Rehn, who also heads the Bank ofFinland, told Finnish media on Monday. Europe experienced its last bout ofstagflation, a prolonged period of slow growth and high inflation, in the1970s.“存在滞胀的初步迹象,”欧洲央行管理委员会成员、芬兰央行行长奥利雷恩周一对芬兰媒体表示。欧洲在1970年代经历了上一次滞胀,即长期缓慢增长和高通胀。“Inflation still rising due to the fact that monetary policy is actuallystill expansionary (real estate is very negative) and recession hasn't hit ashard yet,” Vania Stavrakeva, an assistant professor of economics at the LondonSchool of Economics, said in a tweet on Monday.伦敦经济学院经济学助理教授瓦尼亚·斯塔夫拉克瓦(Vania Stavrakeva)在周一的推文中表示:“由于货币政策实际上仍然是扩张性的(实际利率非常不乐观),而且经济衰退还没有那么严重,因此通货膨胀仍在上升。”Also on Monday, Robin Brooks, chief economist at the Institute ofInternational Finance, said in a tweet: “The ECB is a central bank where thehawks don‘t act like hawks and the doves aren't doves.”同样在周一,国际金融研究所首席经济学家罗宾·布鲁克斯在推文中表示:“欧洲央行是一个鹰派不像鹰派,鸽派也不是鸽派的央行。”He said the doves are not pushing back harder against rate hikes becausethey know they need ECB support for their bond markets, so they better notcomplain too loudly. 他表示,鸽派并没有更加强烈地反对加息,因为他们知道他们需要欧洲央行对其债券市场的支持,所以他们最好不要大声抱怨。记者:陈卫华Stagflation 英[stæɡˈfleɪʃn];美[stæɡˈfleɪʃn]n. 滞胀(高通胀与低就业率或经济低迷并存)Dampen英[ˈdæmpən];美[ˈdæmpən]v. 抑制,控制,减弱Bottleneck 英[ˈbɒtlnek];美[ˈbɑːtlnek]n. 瓶颈,阻碍,障碍
Asia-Pacific markets are mixed this morning as investors are digesting Japan's inflation data. Prices in Japan rose 2.2% in June compared to a year ago, in line with analysts' expectations. Meanwhile, the European Central Bank raised rates more than expected on Thursday with ECB President Christine Lagarde warning that inflation risks had intensified. For more on global consumer prices, we spoke to Danni Hewson, who is a financial analyst at AJ Bell in the UK. #Inflation #InterestRates #CentralBanks
The ECB surprised markets by raising interest rates by 50 basis points this week, the first increase in eleven years. The hike was higher than the expected 25 basis points. The bank is battling to support the euro currency and to fight inflation in the bloc, which stands at a record 8.6%. According to ECB President Christine Lagarde, the situation is not going to get better anytime soon. #MarketMovers #ECB #InterestRates
Hosts Guy Johnson and Alix Steel chat the latest on the ECB with Bloomberg Opinion's Marcus Ashworth before hearing from ECB President Christine Lagarde speaking live at the London School of Economics and Political Science. They also chat the Fed with Bloomberg Chief US Economist Anna Wong. Also featuring Bloomberg's Rachel Morison and Bloomberg's Alex Wayne.
The World Economic Forum's Annual Meeting in Davos is back as an in-person event following a move online during the Covid-19 pandemic. While Volodymyr Zelenskyy, the Ukrainian President will address the forum virtually on Monday, leaders scheduled to physically attend next week include Spain's Prime Minister Pedro Sanchez, Ivory Coast Prime Minister Patrick Achi, Poland's Prime Minister Mateusz Morawiecki, Colombia's President Ivan Duque and Rwanda's President Paul Kagame. German Chancellor Olaf Scholz is scheduled to speak in Davos next Thursday. The business and finance world will be represented by, among others, ECB President Christine Lagarde and Director General of the WTO Ngozi Okonjo-Iweala. From the Middle East region, attendees include Egyptian Minister of International Co-operation, Rania Al Mashat and Alain Bejjani, Majid Al Futtaim's chief executive. Co-founder of the Global Survivors Fund and 2018 Nobel Peace Prize Laureate Nadia Murad is also expected to take part. Apart from the post-war reconstruction of Ukraine, other main topics to be discussed include the energy transition, commodity price rises and inflation and how to harness technology to boost job creation and economic opportunity. Alexandre Raffoul, the Forum's Head of Business Engagement for the Middle East and Africa, joins co-hosts Mustafa Alrawi and Kelsey Warner to look ahead to next week's event and highlights what we can expect from its ability to convene some of the world's most influential minds in one place. In this episode: Davos 2022 is finally happening (0m 16s) What are the agendas for this year? (9m 18s) The importance of getting people together (10m 35s) Outcomes expected from the meeting (14m 06s) Read more on our website: Urgent action needed to ensure energy transition, World Economic Forum says The Middle East leaders included in WEF's 2022 Class of Young Global Leaders Cold comfort awaits a springtime Davos Subscribe to Business Extra for free to receive new episodes every week Apple Podcasts | Google Podcasts | Spotify | Podbean
Hosts Guy Johnson and Alix Steel discuss ECB President Christine Lagarde's comments signaling a rate hike with Bloomberg Opinion's Marcus Ashworth, talk with Bloomberg's Ellen Milligan about the EU's reaction to the UK potentially revoking the Northern Ireland protocol, and with Bloomberg's Keith Naughton about Volkswagen rolling out electric pick-ups and SUVs in the US market. They also hear from Yuriy Vitrenko, CEO of Naftogaz of Ukraine.
In this episode of the Fed Watch podcast, CK and I discuss our thoughts on the “IMF debate” that took place on April 21, 2022 between Fed Chair Jerome Powell, ECB President Christine Lagarde, IMF Managing Director Kristalina Georgieva, Indonesia Finance Minister Sri Mulyani Indrawati, and Barbados Prime Minister Mia Mottley. Fed Watch is a podcast for people interested in central bank current events and how Bitcoin will integrate or replace aspects of the aging financial system. To understand how bitcoin will become global money, we must first understand what's happening now. Takeaways First, I must preface my write up by saying this was not a debate at all. These financial bureaucrats were simply using this forum to get their message across to the people of the world. They all basically agreed on the major points, that being, inflation is high and we can blame Russia for much of the problem due to supply shocks. The major theme from Lagarde and Powell was, to get CPI back into their acceptable range of 2%, they must rein in demand in their respective economies, since the driving force of the rise is due to a supply shock. The medium is the message as it goes. Although this event is meant to portray a united front for the global financial system, we pick out several very important places where Powell and Lagarde disagree once you dig a little deeper. ECB and Fed on Inflation Christine Lagarde breaks down the components of the high CPI level in Europe by saying 50% of it is due to energy prices, another significant portion is due to food prices, and only a small fraction of CPI, 2.9% to be exact, is what is called “core CPI”. I know that most people in the bitcoin space don't accept the importance of core CPI and think it is a scam to hide actual inflation. But in this case, Lagarde has a point. Most of Europe's price increases are due to a self-imposed supply shock. Chair Powell talks about CPI in the US differently. He acknowledges the supply shock aspect, but his main view of the supply side of things is that the US economy is red hot and very tight. He mentions the labor market multiple times, claiming supply cannot keep up with rising demand, as opposed to Europe where supply is being cut relative to demand. CK and I react to these two viewpoints of the central bank chiefs. The Sunset of Globalization Another very important exchange from the IMF roundtable we emphasize is when the moderator asks about the decline in globalization. Powell says that it is quite possible that we see a reversal in globalization, while Lagarde “pleads Europe's case” for a mere revisiting of the terms of trade. I think this exposes a fundamental difference between these two economies, and in the podcast we take time to detail this out more in depth. Suffice it to say in this write up, the US is more self-sufficient and ultimately less concerned about the fate of globalization than Europe. Europe is beholden to the global economy for customers and for energy inputs. Bitcoin's Answer to Lagarde and Powell Being a bitcoin show, CK and I take a lot of time discussing just how bitcoin fixes these problems of the financial system that Powell and Lagarde speak about. Instead of relying on central planners (who admit to following the market anyway), a bitcoin system will take much of the complexity out of the process. We will not have the false impression that the expert class knows best and people will be unencumbered by a narrative of inadequacy and inefficiency. That does it for this week. Thanks to the watchers and listeners. If you enjoy this content please SUBSCRIBE, and REVIEW on iTunes, and SHARE! Written by Ansel Lindner Economist, bitcoin specialist, and author of the Bitcoin Dictionary and the free weekly Bitcoin Fundamentals Report. Find more from Ansel at the bitcoinandmarkets.com
Our anchors begin today's show covering social media firm Snap's Q1 results, with insight from Guggenheim Securities analyst Michael Morris. Then, Treasury Secretary Janet Yellen and European Central Bank President Christine Lagarde sit down with CNBC's Sara Eisen to discuss inflation, the Russia-Ukraine conflict and more. Later, ACME Capital Co-Founder and Partner Hany Nada joins for a look at the recent seismic changes in internet stocks, and CNBC's Dom Chu breaks down a few factors driving the markets lower to start the morning.
Carsten Roemheld speaks to Fidelity International's Chief Investment Officer Andrew McCaffery about the widening economic repercussions of the war in Ukraine. Read more at fidelityinternational.com Credits 5.20: ECB President Christine Lagarde speaking on March 10, 2022. See omnystudio.com/listener for privacy information.
Russian forces near the Ukrainian capital, while conditions within the besieged southern port city of Mariupol worsen following unsuccessful talks between foreign ministers Dmytro Kuleba and Sergei Lavrov. Asian markets are in the red with Hong Kong's Hang Seng leading the losses following a poor session by tech stocks on Wall Street. Oil is on course to complete its worst-performing week since November. ECB President Christine Lagarde announces an acceleration in tapering amid price pressures and geopolitical uncertainty. Stateside, inflation hits a new 40-year high with prices up by almost 8 per cent. U.S. Treasury Secretary Janet Yellen, however, is sanguine about the prospects of a recession. And we are live in Versailles where French President Emmanuel Macron hosts EU leaders to discuss energy independence and a unified response to Moscow's aggression in Ukraine.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Last week was a very eventful one of central bank announcements, with the Bank of England also holding its February monetary policy meeting on Thursday. As expected, interest rates were raised by a quarter of a percent to 0.5%, the first back to back rate increase in the UK since 2004, after rates were of course raised by 10 basis points back in December.The euro has been one of the best performing G10 currencies in the past seven days, alongside the Swedish krona. The common currency rallied by more than one percent versus the US dollar last Thursday to back above the 1.14 level after ECB President Christine Lagarde struck a hawkish tone during the bank's press conference.
ECB President Christine Lagarde positioned the digital euro as an alternative to cryptocurrencies such as Bitcoin. Below we expose what's in it for you, and for crypto.A couple of months ago the European Central Bank (ECB) announced that a proposed digital euro will be tested over the next two years. By stating that this “aims to ensure that in the digital age, citizens and firms continue to have access to the safest form of money, central bank money,” ECB President Christine Lagarde positioned the digital euro as an alternative to cryptocurrencies such as Bitcoin. The attractiveness of these private peer-to-peer initiatives of “stateless” money will be influenced by the new Central Bank Digital Currency (CBDC). The two forms of money, which can simultaneously compete and complement one another, will always be interrelated.But first, a note on digitization versus digitalization: while digitization is the act of getting material into zeros and ones, digitalization is about creating native digital assets. So, whereas an e-book is a digitized book, Wikipedia is a digitalized (or digital) encyclopedia. The process by which Wikipedia came to be is unfathomable in a physical world. If you had to reprint Wikipedia every time someone made an edit, you would very quickly run out of paper.Although people may think of money as already being fully digital, it is merely electronic. Digitized, not digitalized. Crypto is digital by design. For legal tender, the digitalization is more complex. Commercial banks can already turn your banknotes and coins into dematerialized euros when they are deposited in your bank account. Furthermore, wire transfer and bankcard systems are popular tools to carry transactions with these digitized forms of money. In fact, most of the money issued by central banks has already been digitized for decades. But those are not digital assets, they are merely old assets that have been transformed into zeros and ones.Etienne Goffin - Senior economist from Brussels, Belgium. He has a 10+ year career in the financial sector both within the public sector (Central Bank of Malta) where he was an innovation consultant and economic advisor as well as the private sector where he has worked as a banking consultant (Needle Strategy) with expertise in corporate financing, monetary policy, and business innovation. He advised both governments and fintechs globally. Etienne is also Senior Economist and a member of the public affairs team at OSOM. You can find him @EtGOFFIN on Twitter or at goffin.euSign up to OSOM!
Benchmark indices fell over half a per cent yesterday as analysts downgraded China's GDP growth forecasts following a power crunch. That apart, hardened bond yields also prompted investors to book profits in equities. The US Treasury yields topped 1.5% on Tuesday, the highest since June, while 10-year government bond yields, back home, climbed to 6.22%. This, coupled with soaring crude oil prices, pushed the S&P BSE Sensex 410 points down at 59,668 while the Nifty50 index dropped 106 points to 17,749. The indices had hit a low of 59,045 and 17,576, respectively, in the intra-day trade on Tuesday, but bounced back sharply amid gains in energy and metal stocks. Now, according to tech charts, the medium-term bias remains positive as long as the index does not breach the 58,000 level. Further, every bounce back above 59,500 may trigger an accumulating pattern for a bigger breakout. As regards Nifty, the bullish outlook will remain intact as long as the support of 17,250 is held. Moreover, a breakout rally may take the index to the uncharted territory of 18,000 and 18,100 if it breaks above 17,800 decisively. Against this backdrop, the immediate support of 58,600 for the Sensex and 17,500 for the Nifty will be tracked by market participants today. On the fundamental side, the outcome of market regulator Sebi's board meeting, stock-specific triggers, and primary market action will guide the markets on Wednesday. The much awaited initial public offer by Aditya Birla Sun Life AMC will open for subscription today at a price band of Rs 695-712. The fourth-largest asset management company in India looks to raise Rs 2,768 crore through an offer for sale by its two promoters. Analysts recommend subscribing to the issue given the company's reasonable valuations, strong return on equity, diverse product portfolio and well recognised promoter group. Globally, investors will react to US Fed chairman Jerome Powell's statement to the Senate Banking Committee, ECB President Christine Lagarde's speech at the ECB Forum on Central Banking, and OPEC's World Oil Outlook.
We are live in Berlin and London for a special edition of Squawk Box ahead of Sunday's German federal elections. Polls have narrowed with the SPD's lead over the CDU now just down to a couple of points. During the last TV debate before the vote, candidates sparred over taxation, debt and foreign policy in the face of an ascendant China. We also hear exclusively from ECB President Christine Lagarde who believes that Angela Merkel's 16-year tenure has left the country in a much stronger position on the world stage. Wall Street is in the green with the Dow and S&P 500 posting their best session since July. However, the Evergrande saga rolls on, leaving global investors in limbo as the troubled property giant enters a 30-day grace period to pay an offshore bond coupon. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
How can we foster the economic empowerment of women after the coronavirus crisis? And what role does transatlantic cooperation play in shaping a more inclusive recovery? Listen to ECB President Christine Lagarde, EU Commission President Ursula von der Leyen and US Secretary of the Treasury Janet Yellen talk about this and more in the latest episode of the ECB Podcast, hosted by Katie Ranger. The views expressed are those of the speakers and not necessarily those of the European Central Bank. Published on 15 July 2021 and recorded on 12 July 2021. In this episode: 01:25 – Economic empowerment of women Why economic empowerment of women is vital, where we stand in Europe and the United States on economic empowerment and gender equality, and what needs to be done to foster economic empowerment. 20:59 – Women amid the coronavirus crisis How the coronavirus crisis has affected women and gender equality, how we can make the economic recovery inclusive and what's being done to increase gender equality in the United States and Europe. 38:03 – The role of transatlantic cooperation Why renewed transatlantic cooperation is needed to take on the challenges of today, how international cooperation on climate change is moving forward and paving the way for others to do their part, and how Europe and the United States can work together in the future. 51:56 – Our guests' “hot tips” on female empowerment What Christine Lagarde, Janet Yellen and Ursula von der Leyen recommend to learn more about female empowerment and gender equality. Further reading: European Central Bank www.ecb.europa.eu You can also listen to The ECB Podcast on SoundCloud, Spotify, Deezer, Stitcher, YouTube, Amazon Music and many more https://pod.link/ecbpodcast
UK Prime Minister Boris Johnson and U.S. President Joe Biden meet for the first time in St Ives, Cornwall ahead of the G-7 summit and reaffirm the ‘special relationship' between the two nations. This as G-7 nations pledge to donate 1 billion vaccines to the developing world. On Wall Street, the S&P 500 hits a new record high despite surging inflation. Chinese ride-hailing firm Didi Chuxing has filed for a U.S. listing which could be one of the biggest IPOs of 2021. And in Frankfurt, ECB President Christine Lagarde says it is still premature to wind up the euro zone's PEPP.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this week's Bloomberg Intelligence Radio show featuring our analysts and their research, Mandeep Singh shows how security features are driving faster-than-expected cloud computing growth. Jonathan Palmer discusses the stabilizing outlook for the drug industry supply chain. Huw Worthington lays out what ECB President Christine Lagarde needs to do to reverse rising yields. Eily Ong discusses gold's comeback as a store of value to central bankers. And Stephen Flynn says Netflix can spend $17 billion on content and keep a solid balance sheet. Hosts: Alix Steel and Paul Sweeney. Producer: Tim Herro The BI Radio show podcasts through Apple’s iTunes, Spotify and Luminary. It broadcasts on Saturdays and Sundays at noon on Bloomberg’s flagship station WBBR (1130 AM) in New York, 106.1 FM/1330 AM in Boston, 99.1 FM in Washington, 960 AM in the San Francisco area, channel 119 on SiriusXM, www.bloombergradio.com, and iPhone and Android mobile apps. Bloomberg Intelligence, the research arm of Bloomberg L.P., provides in-depth analysis and data on more than 2,000 companies and 130 industries. On the Bloomberg terminal, run BI .
Credit Suisse slumps to a CHF252m Q1 loss with CEO Thomas Gottstein calling the Archegos and Greensill scandal-linked losses “unacceptable”. The Dow regains more than 300 points and the Nasdaq bounces back by 1 per cent on strong pandemic recovery stocks. Airbus reorganises aero-parts production lines in France and Germany in a bid to cut costs. President Biden’s environmental summit is set to begin on Earth Day with Treasury Secretary Janet Yellen pledging to tackle the “existential threat” of climate change. In Frankfurt, ECB President Christine Lagarde is expected to keep rates on hold with pressure growing for the central bank to taper bond-buying.
What role does the central bank play in combatting climate change? How will it confront the emergence of digital currencies? What if the U.S. economy charges ahead while Europe languishes? Lagarde takes on these questions and more in an exclusive discussion with Breakingviews. See acast.com/privacy for privacy and opt-out information.
How can we empower women to aim high? ECB President Christine Lagarde and Ursula von der Leyen, President of the European Commission, talk about this and share their personal experiences as female leaders in the latest episode of The ECB Podcast hosted by Michael Steen. The views expressed are those of the speakers and not necessarily those of the European Central Bank. Published on 8 March 2021 and recorded on 4 March 2021. In this episode: 01:44 – Female leadership Why female leadership is important, why women are central to good and effective leadership during crisis times, why more gender parity is beneficial to all of us and how we can achieve it. 10:14 – Path to leadership What the driving forces were on Christine Lagarde's and Ursula von der Leyen's paths to leadership, how they dealt with obstacles, what gave them confidence and to carry on, and what role childcare can have for women on their career paths. 26:15 – Fighting stereotypes and gender biases How Christine Lagarde and Ursula von der Leyen were confronted with biases and stereotypes, how they dealt with those situations, and they came out stronger from difficult situations. 34:55 – Impact of the coronavirus crisis on gender equality How the coronavirus crisis has disproportionally affected women, what the positive and negative effects of working remotely could be over the long-term, and what we can do for a better work-life balance for everyone. 41:55 – Goals for gender equality in the future What their goals are for gender equality in the future, what advice they would give themselves to better deal with obstacles and hurdles and what they #ChooseToChallenge to encourage better gender equality. Further reading: Christine Lagarde: Choose to challenge women's roles at home, at work and in our society https://www.ecb.europa.eu/press/blog/date/2021/html/ecb.blog210308~e7a735f961.en.html Harvard Business Review: Women are better leaders during a crisis https://hbr.org/2020/12/research-women-are-better-leaders-during-a-crisis Women in economics scholarship https://www.ecb.europa.eu/careers/what-we-offer/wecs/html/index.en.html Women@ECB https://www.ecb.europa.eu/careers/why-we-value-diversity/women/html/index.en.html European Central Bank www.ecb.europa.eu You can also listen to The ECB Podcast on SoundCloud, Spotify, Deezer, Stitcher, YouTube, Amazon Music and many more: https://pod.link/ecbpodcast
ECB President Christine Lagarde calls Bitcoin a "speculative" asset. Trump speaks at the border wall in Texas. Also, New York Governor Andrew Cuomo, makes an interesting tweet about Covid 19.
We are bringing this short episode to you guys today, discussing how important tomorrow (1/15/20) is for Ripple and XRP price action!