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  • Coronavirus: How African firms are adapting to the pandemic
    on 16th July 2020 at 12:35 am

    The pandemic has impacted many businesses, but some entrepreneurs have thrived by adapting quickly.

  • Major US Twitter accounts hacked in Bitcoin scam
    on 16th July 2020 at 12:11 am

    Posts have appeared on a number of Twitter accounts requesting transfers in the cryptocurrency.

  • USD/CAD Rate Eyes June Low on Wait-and-See BoC Policy
    by David Song on 16th July 2020 at 12:00 am

    USD/CAD may continue to give back the advance from the June low (1.3315) as the Bank of Canada (BoC) endorses a wait-and-see approach for monetary policy.

  • Banks propose 'student loans style' scheme to avert job losses
    on 15th July 2020 at 11:48 pm

    UK banks fear 800,000 firms could go bust if they are unable to defer payments on coronavirus loans.

  • Jobless figures 'not showing full extent of crisis'
    on 15th July 2020 at 11:39 pm

    Unemployment increased by just 34,000 in April to reach 1.3 million, according to official data.

  • My Money: 'I'm a sucker for a promo sticker'
    on 15th July 2020 at 11:39 pm

    Charmel Flemming from South Africa takes us through her week during the coronavirus pandemic.

  • Coronavirus: Seven tips for job hunters
    on 15th July 2020 at 11:34 pm

    As coronavirus puts huge strain on the jobs market, four experts offer advice for finding work.

  • Coronavirus: 'My once-in-lifetime holiday hasn't been refunded'
    on 15th July 2020 at 11:33 pm

    A couple tell of their holiday refund "panic" as consumer group Which? calls for action from regulators.

  • AUD Volatility Ahead? AUD/USD Eyes Australian Jobs & China GDP
    by Dimitri Zabelin on 15th July 2020 at 11:00 pm

    The Australian Dollar may experience higher-than-usual volatility ahead of a data-packed session with local jobs and Chinese GDP data as Asia-Pacific trade’s main focus.

  • US Dollar Forecast: Testing Major Channel Support - Levels for DXY Index
    by Christopher Vecchio, CFA on 15th July 2020 at 8:15 pm

    The US Dollar (via the DXY Index) has been slowly descending towards significant uptrend support, with all but three days in July thus far producing losses.

  • Nasdaq 100 Forecast: Netflix Earnings Loom as Tech Sentiment Teeters
    by Peter Hanks on 15th July 2020 at 8:10 pm

    Netflix marks the first earnings report from a member of the widely watched FANGMAN group, a collection of stocks that are integral to the Nasdaq’s recent success. Sentiment hangs in the balance.

  • Euro Price Analysis: EUR/USD Tests Resistance Ahead of ECB, EU Summit
    by James Stanley on 15th July 2020 at 7:27 pm

    EUR/USD is testing a huge area on the chart and there are a couple of large potential drivers on the horizon for the single currency. Can bulls push through?

  • KFC, Nando's and Pret lower prices after VAT cut
    on 15th July 2020 at 6:18 pm

    Starbucks and McDonald's also say they will cut prices after the chancellor's VAT reduction.

  • Buzz Bingo to close 26 halls and cut hundreds of jobs
    on 15th July 2020 at 4:46 pm

    Buzz Bingo says the coronavirus pandemic has had "an immediate and significant impact" on business.

  • Deutsche Bank Research introduces dbSustainability to help clients find sustainable investment opportunities
    by Maria Nikolova on 15th July 2020 at 4:27 pm

    FinanceFeeds - As investors increasingly use ESG factors to make investment decisions, Deutsche Bank Research is responding with a new service, dbSustainability. The post Deutsche Bank Research introduces dbSustainability to help clients find sustainable investment opportunities appeared first on FinanceFeeds.

  • Mexican Peso Outlook at the Mercy of US Economic Trends
    by Dimitri Zabelin, Thomas Westwater on 15th July 2020 at 4:00 pm

    Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.

  • Rishi Sunak defends furlough bonus scheme
    on 15th July 2020 at 3:53 pm

    MPs have questioned whether the chancellor's new support scheme for business offers value for money.

  • Surveillance: Slow Recovery With Fed's Harker
    by Bloomberg Radio on 15th July 2020 at 3:21 pm

    Patrick Harker, Philadelphia Fed President, says the economy can't get back to full throttle until we get the virus under control. Paschal Donohoe, Ireland Finance Minister, says big digital companies like Apple need to be taxed fairly and effectively. Dan Tannebaum, Oliver Wyman Partner, says investors evacuating the Hong Kong market at this point would be acting prematurely. Jared Woodard, Bank of America Securities Head of Research Investments Committee, says investors should start taking a peak at European banks for potential dividends.

  • Canadian Dollar Mixed on BoC Decision; QE Continues as CPI Slumps
    by Rich Dvorak on 15th July 2020 at 3:00 pm

    CAD price action took a tumble after the latest Bank of Canada monetary policy statement, which conveyed a dovish tone amid muted inflation outlook as economic slack could persists into 2022.

  • Coronavirus: Teenagers most likely to have been furloughed
    on 15th July 2020 at 2:07 pm

    Women aged 17 are most likely to have been put on furlough during the coronavirus crisis, data shows.

  • John Kernan joins Board of Directors of REGIS-TR UK
    by Maria Nikolova on 15th July 2020 at 1:15 pm

    FinanceFeeds - Mr Kernan will also assume the role of Chief Executive of the company. The post John Kernan joins Board of Directors of REGIS-TR UK appeared first on FinanceFeeds.

  • Canadian Dollar Trading: US Economic Growth Takes Center Stage
    by Dimitri Zabelin, Peter Hanks on 15th July 2020 at 1:00 pm

    A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model.

  • Apple has €13bn Irish tax bill overturned
    on 15th July 2020 at 12:24 pm

    The EU's second highest court says the tech giant will not have to pay a record sum in back taxes.

  • Coronavirus: Credit card spending fell 50% at start of lockdown
    on 15th July 2020 at 12:10 pm

    The use of credit cards dropped by nearly half in April as people shunned big purchases.

  • Crude Oil, S&P 500 & Gold: Index & Commodity Charts
    by Paul Robinson on 15th July 2020 at 11:42 am

    Oil is up against the big Saudi gap, the S&P 500 still looking higher, while gold battles at big long-term resistance.

  • Wirecard collapse prompts ESMA to evaluate German fin reporting system
    by Maria Nikolova on 15th July 2020 at 11:20 am

    FinanceFeeds - The assessment will focus on the application of the Guidelines on the Enforcement of Financial Information (GLEFI) by BaFin and FREP. The post Wirecard collapse prompts ESMA to evaluate German fin reporting system appeared first on FinanceFeeds.

  • EUR/USD Rallies Ahead of EU Summit, Eyes on 2020 High
    by Justin McQueen on 15th July 2020 at 11:15 am

    EUR/USD continues its surge ahead of EU summit, but an agreement is still unlikely this week.

  • Capital gains tax review is standard practice, says Treasury
    on 15th July 2020 at 10:51 am

    The Treasury has launched a review of the capital gains tax system to “ensure the system is fit for purpose”.

  • USD/CAD Eyes US Dollar Weakness and Bank of Canada Policy Decision
    by Nick Cawley on 15th July 2020 at 9:30 am

    The latest Bank of Canada monetary policy meeting should give USD/CAD traders further insight into the pair’s short-term destiny as technical indicators currently blur sentiment.

  • WOW! The platform revolution hots up as your brokerage can head directly for Millennials
    by Andrew Saks on 15th July 2020 at 9:21 am

    FinanceFeeds - An area of stagnation in an otherwise technologically advanced retail FX sector is the continued adherence to legacy platforms which favor affiliate marketing over user experience. At last, there is a new off-the-shelf trading platform with which FX brokers can reach a modern audience. We investigate. The post WOW! The platform revolution hots up as your brokerage can head directly for Millennials appeared first on FinanceFeeds.

  • Determination and international leadership: Meet Oksana Remez, Business Development Executive at TradeTech Group
    by Andrew Saks on 15th July 2020 at 8:29 am

    FinanceFeeds - "We started in a small office near Holborn here in London, to provide B2B liquidity and non-bank market making services. We saw TradeTech Alpha as a sort of read across of XTX Markets, but for the very retail focused brokers " - Oksana Remez, Business Development Executive at TradeTech Group The post Determination and international leadership: Meet Oksana Remez, Business Development Executive at TradeTech Group appeared first on FinanceFeeds.

  • British Pound (GBP) Latest: EUR/GBP Easing After Surprise UK Inflation Rise
    by Martin Essex, MSTA on 15th July 2020 at 8:00 am

    UK inflation rose unexpectedly in June, lifting GBP/USD modestly and weakening EUR/GBP ahead of the European Council meeting starting Friday to discuss an EU recovery fund.

  • USD/CNH Rate May Rise as Trump Ends Hong Kong's Special Status
    by Daniel Moss on 15th July 2020 at 7:00 am

    The USD/CNH exchange rate may rise as President Donald Trump ends Hong Kong’s ‘special status’ with the United States.

  • Administrators of Reyker Securities confirm first interim distribution to be paid in August
    by Maria Nikolova on 15th July 2020 at 6:44 am

    FinanceFeeds - Clients eligible for FSCS compensation will receive the full 85p in the £. The post Administrators of Reyker Securities confirm first interim distribution to be paid in August appeared first on FinanceFeeds.

  • Crude Oil Prices May Not Find Lasting Support in OPEC+ Efforts
    by Ilya Spivak on 15th July 2020 at 6:00 am

    Crude oil prices seem unlikely to find lasting support even if OPEC+ extends supply-cut efforts beyond month-end as the Covid-19 outbreak sinks demand.

  • Nikkei 225 Breaks 22,700 Resistance, Hang Seng Wobbles on US Sanctions
    by Margaret Yang on 15th July 2020 at 5:00 am

    The Nikkei 225 Index rose 1.5%, breaking key resistance. The Hang Seng Index struggled to hold gains after Donald Trump’s order to end Hong Kong’s special status with the US.

  • OneCoin leader Konstantin Ignatov secures extra time to answer to victims’ complaint
    by Maria Nikolova on 15th July 2020 at 4:59 am

    FinanceFeeds - Court allows Ignatov to file his answer to the plaintiffs' complaint by August 6, 2020. The post OneCoin leader Konstantin Ignatov secures extra time to answer to victims’ complaint appeared first on FinanceFeeds.

  • CFTC fails to secure entry of default against Yossi Herzog, Shalom Peretz, and Yukom Communications
    by Maria Nikolova on 15th July 2020 at 4:46 am

    FinanceFeeds - The US regulator has managed to secure entries of default against some of the defendants in a lawsuit targeting Israeli binary options fraudsters. The post CFTC fails to secure entry of default against Yossi Herzog, Shalom Peretz, and Yukom Communications appeared first on FinanceFeeds.

  • Gold Price Forecast: Extreme RSI Reading to Offer Bullish Signal
    by David Song on 15th July 2020 at 4:00 am

    The Relative Strength Index (RSI) may offer a bullish for the price of gold if the indicator produces the extreme readings seen in February.

  • Silver Price Eyes Fresh 2020 Highs on US Dollar Weakness
    by Daniel Moss on 15th July 2020 at 2:00 am

    Silver price eyes fresh 2020 highs as the US Dollar continues to slide against its major counterparts.

  • AUD May Fall on US-China Trade Deal Fears, Crude Oil Eyes OPEC Meeting
    by Dimitri Zabelin on 15th July 2020 at 1:00 am

    The Australian Dollar is groaning at revived US-China trade tensions as crude oil prices eye a key OPEC+ meeting. The Euro may tense up ahead of negotiations on a EUR750b aid package.

  • NZD/USD Rate Rebound Undermined by RSI Divergence
    by David Song on 15th July 2020 at 12:00 am

    The Relative Strength Index (RSI) undermines the recent rebound in NZD/USD as the indicator flops ahead of overbought territory and appears to be diverging with price.

  • 'Men didn't understand my medicated tampon business'
    on 14th July 2020 at 11:29 pm

    Valentina Milanova launched a tampon with built-in pain relief to take on the multinationals.

  • Japanese Yen May Rise on Asian Geopolitical Risks, BoJ Rate Decision
    by Dimitri Zabelin on 14th July 2020 at 11:00 pm

    The Japanese Yen may get a tailwind from US-China geopolitical tension over Hong Kong and the Bank of Japan rate decision and publication of its Quarterly Outlook Report.

  • Surveillance: Big Bank Earnings With Bianco
    by Bloomberg Radio on 14th July 2020 at 3:53 pm

    George Rusnak, Wells Fargo Co-Head of Global Fixed Income Strategy, says the fiscal and monetary stimulus injected into the U.S. economy is necessary but will cause challenges over time. David Bianco, DWS Investment Management Chief Investment Strategist of Americas & Head of U.S. Equities, says the American financial system is sound, despite a few challenges. Gina Martin Adams, Bloomberg Intelligence Chief Equity Strategist, says everybody focuses on the yield curve when they should be looking at the lack of revenue growth. Chris Verrone, Strategas Research Partners Head of Technical Analysis, says the signal from credit markets is a more important indicator for investors than the daily virus count.

  • CME Group schedules launch of Micro E-mini Options for August 31, 2020
    by Maria Nikolova on 14th July 2020 at 1:22 pm

    FinanceFeeds - Options on CME's Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts are set to be available for trading August 31, 2020. The post CME Group schedules launch of Micro E-mini Options for August 31, 2020 appeared first on FinanceFeeds.

  • Barclays launches new digital advice service Plan & Invest
    by Maria Nikolova on 14th July 2020 at 10:16 am

    FinanceFeeds - The service will initially be available to Barclays current account customers who have a minimum of £5,000 to invest. The post Barclays launches new digital advice service Plan & Invest appeared first on FinanceFeeds.

  • The perfume makers that can't smell a thing
    on 13th July 2020 at 11:02 pm

    Perfumers are using AI to create millions of scents, but will it replace the traditional methods?

  • Coronavirus: Will women have to work harder after the pandemic?
    on 13th July 2020 at 11:01 pm

    Women often say they have to work harder to prove themselves than men - will Covid-19 turn back the clock for women's careers?

  • Surveillance: Trading Cyclicals With Chadha
    by Bloomberg Radio on 13th July 2020 at 2:37 pm

    Binky Chadha, Deutsche Bank Chief Global Strategist & Head of Asset Allocation, says need rates to start going up in order for cyclicals to perform. Mike Pyle, BlackRock Global Chief Investment Strategist, says he has confidence in European policy ahead of the EU Summit's proposed recovery fund. Lewis Alexander, Nomura Securities Chief U.S. Economist, says China's economy can't expand unless the rest of the world recovers and export demand picks up. Marta Wosinska, Duke-Margolis Center for Health Policy Deputy Director of Policy, says there are certain states in the U.S. where in-person learning can occur safely this fall.

  • Surveillance: Fiscal Caution With IMF's Gaspar
    by Bloomberg Radio on 10th July 2020 at 3:26 pm

    Vitor Gaspar, IMF Director of Fiscal Affairs, says global debt is at some of the highest levels in history. Jim Paulsen, Leuthold Weeden Capital Management Chief Investment Officer, says U.S. markets are experiencing an expansion in a new bull market. Mohamed El-Erian, Allianz Chief Economic Advisor, says the migration of layoffs from small to large companies is causing an economic shift. Helane Becker, Cowen Senior Research Analyst, says up to 200,000 airline industry employees could lose their jobs in the fourth quarter.

  • Surveillance: U.S. Jobless Claims Fall With Gapen
    by Bloomberg Radio on 9th July 2020 at 3:18 pm

    Rob Waldner, Invesco Advisers Chief Strategist of Fixed Income & Head of Multi-Sector, says investors should do their homework before investing in assets that are dependent on economic recovery. Jill Carey Hall, Bank of America U.S. Equity Strategist & Head of U.S. SMID Cap Strategy, says small cap companies were a lot worse positioned before Covid-19 than before previous recessions. Michael Gapen, Barclays Chief U.S. Economist, says the service sector has only recovered about one-third of its lost jobs. Jason Farley, Johns Hopkins Nursing Professor, describes how antibody testing can help us determine a more accurate Covid-19 infection rate.

  • Surveillance: Returning to Work With Rep. McHenry
    by Bloomberg Radio on 8th July 2020 at 2:44 pm

    Ebrahim Rahbari, Citigroup Global Markets Global Head of FX Analysis & Content, says Brexit uncertainty will inevitably weigh on sterling and that the currency has found its bottom. Rep. Patrick McHenry, U.S. House Financial Services Committee Ranking Republican, says a tapering down of unemployment benefits may help in safely getting America's workforce back to normal. Ron Kirk, Former U.S. Trade Representative, says U.S. trade tariffs have compromised our ability to access the tools we need to fight Covid-19. Austan Goolsbee, University Of Chicago's Booth School of Business Professor, says the economies in the U.S. and Sweden will have a hard time recovering if the virus is not contained soon.

  • Surveillance Special: White House Response to COVID-19
    by Bloomberg Radio on 7th July 2020 at 6:39 pm

    This is a special Bloomberg Surveillance podcast with our Chief Washington Correspondent Kevin Cirilli. Kevin spent the day talking to officials in the halls of the West Wing and we're putting those conversations together for you in this special podcast.

  • Surveillance: Oil At Inflection Point, Morse Says
    by Bloomberg Radio on 7th July 2020 at 2:43 pm

    James Athey, Aberdeen Standard Investments Director, says it's very difficult for the world economy to thrive without the success of the United States. Isaac Boltansky, Compass Point Director of Policy Research, says Congress will likely roll out $1.5 trillion on subsequent stimulus spending. Jordan Rochester, Nomura FX Strategist, says U.S. growth will underperform the Eurozone this year, driving a weaker dollar. Ed Morse, Citigroup Global Head of Commodity Research, outlines opportunities in oil and natural gas.

  • Surveillance: U.S.-China Deterioration With Mann
    by Bloomberg Radio on 6th July 2020 at 3:16 pm

    Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, says the expectation of U.S. Fiscal stimulus is what is propelling economic expansion. Catherine Mann, Citi Global Chief Economist, explains why she thinks the codependency between the U.S. & China has turned negative. Kathy Hochul, New York Lieutenant Governor, says there is no coronavirus recovery for the United States without the recovery of New York. Alicia Levine, BNY Mellon Chief Investment Strategist, expects the next stimulus bill to surpass one trillion dollars because of the resurgence of virus cases in the south.

  • Surveillance: U.S. Jobs Report With Kudlow
    by Bloomberg Radio on 2nd July 2020 at 3:23 pm

    Larry Kudlow, National Economic Council Director, says the shape of the next relief package is still up in the air. Jeffrey Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says the fiscal policy support for financial markets is being funded in the treasury market. Jay Bryson, Wells Fargo Chief Economist, says big employment gains may be behind us as states reverse or halt reopening efforts. Keith Lockhart, Boston Pops Conductor, looks ahead to this year's socially-distanced Fourth of July Fireworks Spectacular.

  • Surveillance: Amb. Bolton on Russia Bounty Claims
    by Bloomberg Radio on 1st July 2020 at 2:44 pm

    Ambassador John Bolton, Former U.S. National Security Advisor & Author of "The Room Where it Happened,” says Trump's evolving explanation makes the U.S. ripe for the type of Russian interference that’s being alleged. Vasileios Gkionakis, Banque Lombard Odier & Cie FX Strategist, says the ingredients for a dollar downside are falling into place. Jan Loeys, JPMorgan Long-Term Investment Strategy Senior Adviser, says investors shouldn't be frustrated about short-term volatility between bond and equity markets. Stacey Widlitz, SW Retail Advisors President, says if retail companies shift to an appointment based format, they will see lower spending margins and increase overall returns online.

  • Surveillance: Rolling W's Recovery Likely, Sonders Says
    by Bloomberg Radio on 30th June 2020 at 3:16 pm

    Liz Ann Sonders, Charles Schwab Chief Investment Strategist, says the economic recovery is more likely to look like rolling W’s than a V. Jes Staley, Barclays CEO, says the M&A market will not come back to major banks for a long time. David Lebovitz, JPMorgan Global Market Strategist, says the market has been standing on a three-legged stool: virus case growth, the outlook for economic reopening and the trajectory of corporate profits. Steven Major, HSBC Global Head of Fixed Income Research, says the banking system is financing the Fed's asset purchases through an increase of money it has recently absorbed. Tom Forte, DA Davidson & Co Senior Research Analyst, says Amazon could exit 2020 with a unionized labor force.

  • Surveillance: Virus Messaging With Dr. Quick
    by Bloomberg Radio on 29th June 2020 at 3:22 pm

    Tony Dwyer, Cannacord Genuity Equity Strategist, says the Fed can't fix exponential doubt in credit markets with infinite debt. Dr. Jonathan Quick, The Rockefeller Foundation Managing Director of Pandemic Response, Preparedness and Prevention, says leaders need to get more consistent in their coronavirus messaging. Dan Gelber, Mayor of Miami Beach, says the greatest concern for local governments is getting citizens to abide by federal instructions to slow the spread of coronavirus. Tiffany Wilding, PIMCO Chief Economist, says we will see a fiscal cliff in July if Congress does not create financial stimulus support for Americans.

  • Surveillance: Fed Wants You To Take Risk, Schutte Says
    by Bloomberg Radio on 26th June 2020 at 4:42 pm

    Anna Han, Wells Fargo Equity Strategist, the domestic political risk in the U.S. looks under-priced heading towards an election cycle. Brent Schutte, Northwestern Mutual Chief Investment Strategist, says the Fed want you to take risk and will continue to try to get you to take risk. Kenneth Leon, CFRA Global Director of Industry & Equity Research, says projected loan losses for July could top $700 million. Brad Setser, Council on Foreign Relations Senior Fellow, describes how the Covid-19 pandemic is shifting geopolitical dynamics around the globe. Tim Adams, Institute of International Finance President and CEO, discusses the U.S. Stress test results.

  • Introducing Foundering
    by Bloomberg Radio on 26th June 2020 at 6:00 am

    Adam Neumann had a vision: to make his startup WeWork a wildly successful company that would change the world. He convinced thousands of other people -- customers, employees, investors -- that he could make that dream a reality. And for a while, he did. He was one of the most successful startup founders in the world. But then, in the span of just a few months, everything changed. Foundering is a new serialized podcast from the journalists at Bloomberg Technology. This season, we’ll tell you the story of WeWork, a company that captured the startup boom of the 2010s and also may be remembered as a spectacular bust that marked the end of an era. Catch the first two episodes of Foundering, now available on Apple Podcasts, Spotify, or wherever you listen.

  • Surveillance: Black Lives Matter With LeBron
    by Bloomberg Radio on 25th June 2020 at 3:02 pm

    LeBron James, Los Angeles Lakers Basketball Player & SpringHill Co. Chairman, discusses the impact he has felt from the "Black Lives Matter" movement. Mark Howard, BNP Paribas Senior Multi-Asset Specialist, says there could be a rally in yields during the fourth quarter. Sébastien Page, T. Rowe Price Global Multi-Asset Division Head, says now is not the time to be the hero between value and growth stock investments. Mario Gabelli, Gabelli Funds Co-Chief Investment Officer for value investments and GAMCO chairman and CEO, says corporate issuance is putting a lid on the market.

  • Surveillance: Economic Recovery With Meyer
    by Bloomberg Radio on 24th June 2020 at 3:12 pm

    Lisa Shalett, Morgan Stanley Wealth Management Chief Investment Officer, says a pickup in capital spending intentions is a reason to remain bullish on the U.S. recovery. Michelle Meyer, Bank of America Head of U.S. Equities, says the U.S. economy is starting to approach healing and recovery phase. Henrietta Treyz, Veda Partners Director of Economic policy, says Congress is still stalled on both stimulus and infrastructure spending. Shahab Jalinoos, Credit Suisse Global Head of FX Strategy, says the nominal rate of the dollar does not offer any significant yield pickup. Daniel Boulud, Chef & Restaurateur, says fine dining is suffering at the moment, but its not dead due to Covid-19.

  • Surveillance: Yield Curve Control With Fed's Bullard
    by Bloomberg Radio on 23rd June 2020 at 2:58 pm

    Jim Bullard, St. Louis Fed President, says there are more questions than answers about yield curve control right now. Jonathan Golub, Credit Suisse Chief U.S. Equity Strategist, says government action has massively prevented the amount of company bankruptcies throughout this recession. Megan Greene, Harvard Kennedy School Senior Fellow, says it will be difficult to avoid a double dip recession without state and local funding from the federal government. Chris Krueger, Cowen Managing Director, describes how crucial the November election will be for President Trump.

  • Surveillance: Fed's Balance Sheet With Dudley
    by Bloomberg Radio on 22nd June 2020 at 2:52 pm

    William Dudley, Former New York Federal Reserve President and Bloomberg Opinion Columnist, warns that a $10 trillion Fed balance sheet could be coming, but says the risks seem manageable for now. James Sweeney, Credit Suisse Chief Economist, says housing inflation is likely to put pressure on U.S. inflation. Patrick Foye, MTA Chairman & CEO, describes the health precautions being taken in the New York City subway system as the city moves into phase 2 of its reopening plan. Jane Foley, Rabobank FX Strategist, says if the markets stay optimistic due to central bank funding, the dollar will suffer.

  • Surveillance: London After Lockdown With Khan
    by Bloomberg Radio on 19th June 2020 at 2:56 pm

    Sadiq Khan, London Mayor, warns the recession the U.K. is facing could turn into a depression. Torsten Slok, Deutsche Bank Chief Economist, says the Fed was correct in stabilizing financial markets, but the debt loads of companies have increased. Kathy Hochul, New York Lieutenant Governor, says New York City's economic return is an important part of the comeback for the entire nation. Bob Michele, JPMorgan Asset Management CIO and Head of Global Fixed Income, says the real yield has been a causality of this economic crisis.

  • Surveillance: Watch China Loan Demand, Miller Says
    by Bloomberg Radio on 18th June 2020 at 3:23 pm

    Leland Miller, China Beige Book International CEO, says loan demand will be the absolute key thing to watch in China for the next three or four months. Kate Moore, BlackRock Head of Thematic Strategy for the Global Allocation Team, expects investors to ride the risk wave heading into the election cycle. Bob Crandall, Former American Airlines CEO, says it will be a long time before the airline industry sees as much business travel as they did pre-Covid-19. Dr. Vivian Lee, Verily Life Sciences President of Health Platforms & Author of "The Long Fix: Solving America's Health Care Crisis with Strategies," says testing asymptomatic people will be a critical component in getting people back to work. Craig Gordon, Bloomberg Washington Bureau Chief, says the current national poll numbers between Joe Biden and President Trump will narrow towards the election.

  • Surveillance: Fed's Virus Response With Warsh
    by Bloomberg Radio on 17th June 2020 at 3:32 pm

    Kevin Warsh, Former Federal Reserve Governor, says the Fed acted with overwhelming force to shelter the U.S. economy from Covid-19. Richard Haass, CFR President, says American alliances may not survive a two-term Trump presidency. Edward Morse, Citigroup Global Head of Commodity Research, says supply actions will continue to dominate the oil market. Julia Coronado, Macropolicy Perspectives Founder, says the Fed's forecast of 10% unemployment by year's end is not unreasonable. Mike Wilson, Morgan Stanley Chief U.S. Equity Strategist, says the rate of change in equity markets will continue to be positive for the rest of the year. Barry Eichengreen, University of California Berkeley Professor, Barry Eichengreen, University of California Berkeley Professor, discuses “the political scar of epidemics."

  • Surveillance: Jobs Recovery With Scalia
    by Bloomberg Radio on 16th June 2020 at 3:13 pm

    Eugene Scalia, U.S. Secretary of Labor, says we are making real headway on the employment picture. Mike Feroli, JPMorgan Chief U.S. Economist, says further stimulus would be insurance against a relapse into more economic weakness. Dr. Peter Hotez, Baylor College of Medicine Dean, says a widely distributed Covid-19 vaccine will not be ready by the end of this year. Kenneth Rogoff, Harvard University Public Policy and Economics Professor, says negative interest rates should absolutely still be on the table. Anne Richards, Fidelity International CEO, says dividend cuts by companies are not all permanent, but some will be.

  • Surveillance: Retail In Reset Period, Sadove Says
    by Bloomberg Radio on 15th June 2020 at 2:56 pm

    +Steve Sadove, Former Saks CEO & Mastercard Senior Adviser, says retail is in a reset period and a lot of stores will go under. Alan Ruskin, Deutsche Bank Chief International Strategist, says the U.S. government has done a remarkable job in front-loading policy easing on both the fiscal and monetary sides. George Magnus, University of Oxford Research Associate, says the production side of China's economy is recovering well, but the demand side has not been. Stephen Gallo, BMO European Head of FX Strategy, says the medium-term growth outlook will be heavily shaped by the success or failure of government intervention.

  • Surveillance: Recovery Bets With El-Erian
    by Bloomberg Radio on 12th June 2020 at 2:30 pm

    Mohamed El-Erian, Allianz Chief Economic Adviser & Bloomberg Opinion Columnist, sees a check mark-shaped recovery subject to a lot of volatility. Dean Curnutt, Macro Risk Advisors CEO, says a lower VIX index is part of the Fed's playbook. Jeremy Stein, Harvard Professor of Economics, says having a strong, capitalized banking sector will help economic recovery in the next year. Kathy Hochul, New York Lieutenant Governor, says New York's reopening has been going phenomenally well across the state.