Goldman Sees a 'Relief Rally' Potential for These Option Calls Ahead of Earnings
Market Chatter: Citigroup, Mastercard Partnering to Facilitate Cross-Border Debit Card Payments
Express News | Citigroup has raised Caterpillar's target price from $380 to $445.
Express News | Citibank USA economist Hollenhorst: All the focus has shifted to the labor market.
USA's CPI data for September may show further decline in inflation.
Economists predict that despite price pressures on certain categories of goods, including used cars, key inflation indicators are expected to slow down in September. Based on the median estimate from surveys of economists by institutions, the Consumer Price Index and core indicators, excluding food and energy, may have increased by 0.1% and 0.2% respectively last month. In both cases, the monthly increases will be lower than in August. On a year-on-year basis, the overall index is expected to rise by 2.3%, the slowest growth rate since early 2021. The core indicators are expected to increase by 3.2% year-on-year for the second consecutive month. If the data meets the market's general expectations, it is unlikely to have a significant impact.
Citi and Mastercard Join Forces to Transform Global Cross-Border Payments