EUR/USD
1.02981
0.088%
Gold
2714.35
0.667%
Oil
77.818
-1.637%
USD/JPY
155.146
-0.847%
GBP/USD
1.22408
0.027%
GBP/JPY
189.831
-0.819%
Real-time News
Fitch: Adjustments to the Feds stress test could have a negative credit impact on US banks.January 17th, Mark Carney, 59, announced on Thursday that he will run for the leadership of the Liberal Party, seeking to succeed the current Prime Minister Trudeau. Carney said he wants to focus on the troubled economy and portray himself as an outsider who does not belong to the Trudeau government. But the opposition Conservative Party said there is no difference between Carney and Trudeau. "As a long-time Liberal Party insider, Carney has served as an adviser to Trudeau at least as early as 2020 and is definitely not an outsider." Carneys main competitor appears to be former Finance Minister Freeland, who resigned last month due to policy differences. The new prime minister is unlikely to stay in office for long, and the minority government may be overthrown in Parliament as early as the end of March, triggering a general election. Polls show that the Conservatives will win the election. Carney served as governor of the Bank of Canada in 2007 and governor of the Bank of England in 2013, becoming the first person to head two major central banks at the same time.Western Digital Corp (WDC.O) forecast second-quarter revenue in the middle of the $4.2 billion to $4.4 billion range.As of the week ending January 9, foreign central banks held U.S. Treasuries worth $24.266 billion, compared with -$30.339 billion in the previous week.On January 17, since the beginning of the year, reporters have noticed that some banks, including foreign banks, are shifting their marketing focus to structured deposits. Depending on the performance of the linked target, the yields of different structured deposits are different, and the highest annualized yield of some products exceeds 5%. The reporter consulted several bank account managers and learned that structured deposits refer to deposits embedded with financial derivatives absorbed by banks, which link the product yield to specific financial indicators such as exchange rates, precious metal prices, and stock prices. Investors are expected to obtain products with higher yields on the basis of bearing certain risks. During the investigation, several financial managers told reporters that unlike general deposits, structured deposits have certain investment risks, and investors should invest with caution. In addition, the past performance of structured deposits does not represent future performance, nor is it equal to the actual yield of the product.
