• DMCA
  • Privacy Policy
Trade News Today
  • Home
  • Markets
  • News
    • All
    • Business

    Gold’s Price Action Is Even More Bullish In Other Currencies

    What Trump’s Mask, Toyota Production And OPEC+ Meeting Mean For Markets

    Weekly Outlook: Monetary Policy Decision From BoJ, BoC, ECB

    Risk Appetites Firm, But The Greenback Is Mixed

    The Dual Nature Of Markets In 2020

    The Virus And The Economy

    Large Fiscal Cliff Looms On The Horizon

    Opening Bell: Futures, Stocks Jump On Positive Earnings Hopes; Dollar Slumps

    Fed Is Trapped In QE As Interest Rates Can’t Rise Again

    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV
No Result
View All Result
  • Home
  • Markets
  • News
    • All
    • Business

    Gold’s Price Action Is Even More Bullish In Other Currencies

    What Trump’s Mask, Toyota Production And OPEC+ Meeting Mean For Markets

    Weekly Outlook: Monetary Policy Decision From BoJ, BoC, ECB

    Risk Appetites Firm, But The Greenback Is Mixed

    The Dual Nature Of Markets In 2020

    The Virus And The Economy

    Large Fiscal Cliff Looms On The Horizon

    Opening Bell: Futures, Stocks Jump On Positive Earnings Hopes; Dollar Slumps

    Fed Is Trapped In QE As Interest Rates Can’t Rise Again

    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV
No Result
View All Result
Trade News Today
No Result
View All Result
Home News

Darkening Macro Picture, Soaring Bank Loan Losses

Trade News by Trade News
April 16, 2020
in News
0
0
SHARES
22
VIEWS
Share on FacebookShare on Twitter


By Adam Button

A shocking fall in the and some of the details of the U.S. report illustrated the speed of the economic slowdown. The was the top performer yesterday, while the lagged.

U.S. banks’ loan loss provisions soared, with the  (NYSE:), (NYSE:) and (NYSE:) taking $12.8bn of charges in Q1. These figures should imply a sharp blow to the once-solid consumer sector (more below).

and indices futures took a fresh dip after the release of newly-reported U.S figures on coronavirus, with deaths hitting 2,492 on Wednesday from Tuesday’s 2,299 and 1,901 one week ago. and U.S. are due up next. 

The Empire Fed report was expected to sink. It’s an indicator that’s close to real-time and it surveys manufacturing in the New York area, which is the current epicenter of the global outbreak. Yet no one thought it would be this bad.

The consensus estimate was for a fall to -35 from 21 in March. That would have been narrowly lower than the -34.3 bottom during the financial crisis….



Source investing.com

Tags: BankDarkeningloanlossesMacroPicturesoaring
Trade News

Trade News

The Trade can be bought and sold privately or on stock exchanges, and such transactions are typically heavily regulated by governments to prevent fraud, protect investors, and benefit the larger economy.

  • Trending
  • Comments
  • Latest
‘Car Wars’ study says launches speeding up through 2024

‘Car Wars’ study says launches speeding up through 2024

June 12, 2020
Why Patagonia Tells Customers Its Coats Are Toxic

Why Patagonia Tells Customers Its Coats Are Toxic

April 29, 2020
ENSEK expands into Europe with acquisition of NrgFin

ENSEK expands into Europe with acquisition of NrgFin

August 5, 2020

Gold’s Price Action Is Even More Bullish In Other Currencies

July 14, 2020
Opinion | Why Dems Ought to Take a Cue from the GOP and Get Angry

Opinion | Why Dems Ought to Take a Cue from the GOP and Get Angry

0

6 Coronavirus Fighting Tips for Your Finances – Winona Daily News

0
Germany reports fourth straight drop in daily rate of new coronavirus infections By Reuters

Germany reports fourth straight drop in daily rate of new coronavirus infections By Reuters

0
What To Know About Premier Protection Services

What To Know About Premier Protection Services

0
Opinion | Why Dems Ought to Take a Cue from the GOP and Get Angry

Opinion | Why Dems Ought to Take a Cue from the GOP and Get Angry

May 19, 2022
Rep. Casten: ‘If we want to stick it to Putin, let’s de-fossilize our economy’

Rep. Casten: ‘If we want to stick it to Putin, let’s de-fossilize our economy’

May 19, 2022
Tense exchange erupts between Rep. Mace and Gov. Inslee when the fate of Build Back Better is mentioned

Tense exchange erupts between Rep. Mace and Gov. Inslee when the fate of Build Back Better is mentioned

May 19, 2022
How to address crypto’s environmental impact according to the CFTC chair

How to address crypto’s environmental impact according to the CFTC chair

May 18, 2022

Recent News

Opinion | Why Dems Ought to Take a Cue from the GOP and Get Angry

Opinion | Why Dems Ought to Take a Cue from the GOP and Get Angry

May 19, 2022
Rep. Casten: ‘If we want to stick it to Putin, let’s de-fossilize our economy’

Rep. Casten: ‘If we want to stick it to Putin, let’s de-fossilize our economy’

May 19, 2022
Tense exchange erupts between Rep. Mace and Gov. Inslee when the fate of Build Back Better is mentioned

Tense exchange erupts between Rep. Mace and Gov. Inslee when the fate of Build Back Better is mentioned

May 19, 2022
How to address crypto’s environmental impact according to the CFTC chair

How to address crypto’s environmental impact according to the CFTC chair

May 18, 2022
ADVERTISEMENT




Markets

No Content Available

Companies

No Content Available

Investing

Belgium Will Open Bars and Borders as Virus Infections Fall By Bloomberg
Investing

Belgium Will Open Bars and Borders as Virus Infections Fall By Bloomberg

by Trade News
June 3, 2020
0

© Bloomberg. Bicyclists ride near the Berlaymont building in Brussels, Belgium. Photographer: Olivier Matthys/Bloomberg (Bloomberg) --Belgium will reopen bars...

Read more
Will Americans still travel abroad? Only with cast-iron coronavirus cover By Reuters

Will Americans still travel abroad? Only with cast-iron coronavirus cover By Reuters

June 3, 2020
EU classifies coronavirus as mid-level threat to workers By Reuters

EU classifies coronavirus as mid-level threat to workers By Reuters

June 3, 2020
  • DMCA
  • Privacy Policy

© 2019 NewsinTrade.com

No Result
View All Result
  • Home
  • Markets
  • News
    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV

© 2019 NewsinTrade.com

Current Global Trade News newsintrade.com
We appreciate your interest in contacting us with comments, requests or any thing else. We will never send you Spam email, or give your email information to any one else. This site is SSL secured with 2048 bit SSL encryption.
Send