4 July 2024 Bank interest rates for corporations Chart 1 Bank interest rates on new loans to, and deposits from, euro area corporations (percentages per annum) Data for cost of borrowing and deposit interest rates for corporations (Chart 1) The composite cost-of-borrowing indicator, which combines interest rates on all loans to corporations, decreased in May...
Day: July 4, 2024
Euro area quarterly balance of payments and international investment position: first quarter of 2024
04 July 2024 Current account surplus at €307 billion (2.1% of euro area GDP) in four quarters to first quarter of 2024, after €33 billion deficit (0.2% of GDP) a year earlier. Goods trade showed deficit in energy products of €299 billion in four quarters to first quarter of 2024, declining from €530 billion a year earlier....
Households and non-financial corporations in the euro area: first quarter of 2024
4 July 2024 Households’ financial investment increased at unchanged annual rate of 2.0% in first quarter of 2024 Non-financial corporations’ financing grew at broadly unchanged annual rate of 0.7% Non-financial corporations’ gross operating surplus decreased at annual rate of -3.0%, after increasing (2.4%) in previous quarter Chart 1 Household financing and financial and non-financial investment...
Is It Too Late To Buy Nvidia? Ex-Morgan Stanley VP Weighs In
A $10,000 investment in AI chip maker Nvidia when it first went public in 1999 would be worth over $30 million today. Though investors usually aim to “buy low and sell high,” Mark Newton, a former Morgan Stanley technical strategist/vice president and the current global head of technical strategy at research firm Fundstrat, takes a...
Figma Pauses AI App Designer Over Apple iOS Copy Concerns
On Wednesday, a week after Figma shared a prompt-to-design AI generator called Make Design, the company decided to pause the tool. The reason? Make Design created what looked like direct copies of Apple’s iOS Weather app. Andy Allen, founder of NotBoring Software and one of the early users invited to test Make Design, first flagged...
Hong Kong’s IPO market is set to improve over the next five years
Hong Kong Exchanges and Clearing celebrates the 24th anniversary of its listing on June 21, 2024. China News Service | China News Service | Getty Images BEIJING — The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, starting in the second half of this year,...