Big US banks expect their net interest income to fall from peak | MarketTalk: What’s up today? | Swissquote
The US stock markets ended last week on a cautiously positive note. Friday’s producer price inflation came as a certain relief to inflation worries as the latest data showed an unexpected contraction in the monthly figure. The jump in oil prices, following the US and UK airstrikes in areas in Yemen controlled by the Houthis, which sent the barrel of American crude to past the $75pb level, didn’t last long. The barrel of US crude starts the week below the $73pb level, risks are tilted to the upside as conflict news continues to flow in this Monday.
Rising tensions in...