July 28, 2023/Oilprice.com Michael Kern, Oilprice.com Oil prices are on course for yet another weekly gain, fueled in part by supply concerns and in part by growing optimism about a ‘soft landing’ for the U.S. economy. Friday, 28th July 2023 The strength of the US economy has added fuel […]
OPINION/EDITORIAL
Weaker U.S. Bank Results to Persist Amid Lower Growth and Rising Costs
July 25, 2023/Fitch Ratings U.S. large and regional bank results for 2Q23 have been broadly weaker on a sequential-quarter and year-over-year basis, largely in line with expectations, Fitch Ratings says. The weaker results reflect rising deposit costs, an uptick in provisions and continued inflationary pressure on non-interest expenses. Based on […]
Key Macroeconomic Themes Across Coverage Countries
July 28, 2023/Cordros Report Economic activities remain on a positive growth path across our coverage countries amid lingering inflation and local currency pressures. Besides that, fiscal pressures have persisted in most of our coverage countries, more so that global interest rates remain high. Accordingly, the preceding implies that bond yields […]
