News list for " citigroup"
Strategists at Citigroup say the current 4.5 per cent rise in US stocks this year may already be the best short-term outcome because of the risks posed by Mr. Trump's policy proposals. The team, led by Scott Chronert, said investors were betting that Mr. Trump's "America First" policies would have a "pro-business" impact. "We...
On February 11th, Citibank's latest report pointed out that the price of Ethereum (ETH) has fallen by more than 20% this year, but its fundamentals are improving. The total value lock (TVL) on the Ethereum network has risen sharply, while the Ethereum ETF continues to attract capital inflows, with a cumulative inflow of $3.20 billion since its launch in July. In addition, related search heat is also on the rise. Despite the recent volatility in user activity, Citi analysts say that the fundament...
Receipts Depositary Corp. (RDC), a start-up founded by a group of former Citigroup executives, is planning to launch XRP-backed securities, which will give institutions access to XRP securities through a regulated U.S. market infrastructure, according to people familiar with the matter. The company will offer depositary receipts, similar to American Depositary Receipts (ADRs), representing foreign shares in U.S. bourse. The product will only be offered to qualified institutional buyers through t...
On February 5th, according to CoinDesk, Wall Street bank Citi said in its latest research report that the correlation between bitcoin and the stock market is expected to weaken in the long term as the adoption of digital assets grows. Citi pointed out that while the stock market remains the main macro driver of the crypto market, with the maturation of the crypto asset market, the expansion of the investor base, technological advancements and increased adoption, the stock market and crypto asset...
Citigroup (C. N) 2024 Q4 revenue of $19.58 billion, the market expectations of $19.42 billion, the same period last year $17.44 billion.
Citigroup (C. N) will buy back $20 billion of shares.
Citigroup economist Andrew Hollenhorst expects only 120,000 new non-farm jobs to be created in December, with an unemployment rate of 4.4%. This will remind the market that the labor market has not yet stabilized and continues to weaken. However, she believes companies will continue to increase headcount, even at a gradual pace, once some of the current instability subsides. The overall picture will remain flat and there will be no drastic changes. (Jin Ten)
7:00-12:00 Keywords: Trump, Citi, Korea, Polymarket Google released Gemini 2.0 late at night. 2. ChatGPT encountered an outage, and the official is working hard to launch a fix; 3. The journal Nature reports on the DeSci project ResearchHub; BlackRock and Fidelity bought more than $500 million worth of ETH in the past 48 hours. 5. PenAI: API and ChatGPT services are partially restored, but Sora is still paralyzed. FTX/Alameda redeemed 181,232 SOLs from the pledge and distributed them 5 hours ago...
7:00-12:00 Keywords: Trump, Citi, Korea, Polymarket 1. Trump appointed Needham as a presidential advisor to the US State Department. 2. Tokens such as APT, STRK, and SEI will be unlocked in large quantities this week. 3. Trump: Will not divest from social media platform Truth Social; 4. Citi: The impeachment case of Yoon Seok-yuk may affect South Korea's economic confidence, national budget and exchange rate. November NFT sales increased by nearly 63%, and Bitcoin NFT sales reached $188 million....
Kim Jin-wook and Choi Joo, economists at Citigroup, said that heightened long-term political uncertainty over the impeachment of President Yoon Seok-yeol of South Korea could weaken overall economic confidence and discretionary spending. They said the Bank of Korea was more likely to cut interest rates in January if the legislature failed to pass the 2025 national budget in December, adding that political developments could prompt more capital outflows and pose upside risks to the dollar against...
The nomination of digital asset-friendly Paul Atkins as SEC chairperson provides the ultimate impetus Bitcoin needs to break through the 100,000, analysts led by Alex Saunders wrote in a report published Thursday by Citibank. Bitcoin continues to be underpinned by ETF funding and other purchasing power as adoption grows. But counterfeit products could benefit more from looser regulatory environments,...
On November 21st, when He Lifeng, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with Fan Jieen, CEO of Citigroup in the Great Hall of the People on the evening of the 21st, he said that China is fully implementing the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, further deepening the reform of the financial system, continuing to expand the high-level two-way opening up of finance, and...
Citigroup CEO Fraser said that looser regulation will help U.S. industries lead, and Trump is expected to support economic growth and have a positive impact.
Gisela Hoxha, an economist at Citibank, wrote that the four-week moving average of U.S. unemployment benefit renewals has continued to rise recently, indicating that the labor market is weakening. The figure has been higher than this time last year, reflecting a slowdown in hiring and longer periods of time for the unemployed to seek employment. This weakness may make it harder for official employment data to show that the labor market has rebounded from the hurricane. Hoxha wrote: "If unemploym...
7x24 Newsflash
Hot News
