Parkd Secures $4.3m Contract for John Hughes Automotive's Multi-level Car Storage Facility in Perth

Small CapsFeb 20 10:25

The use of overnight reverse repurchase tools by the Federal Reserve hit a record high for the second day in a row.

In an effort to find a place for large amounts of money, demand for the Fed's reverse repo tool to control short-term interest rates rose to a record high for the second day in a row. On Thursday, about 46 institutions deposited about $497.4 billion with the Fed through overnight reverse repurchase agreements. That surpasses the record of $486.1 billion set on Monday, according to the New York Fed. The Fed's overnight reverse repo tool does not provide returns at all, but the demand for reverse repos is growing because of the flood of liquidity in the dollar financing market. The causes of excess liquidity are in addition to the asset purchases by the Federal Reserve and the reduction of the account cash balance by the US Treasury to make the system accurate.

新浪財經Jun 9, 2021 01:47

Has the sell-off in US stocks just begun?

US stocks have fallen sharply recently, but this should come as no surprise to anyone. The valuations of many stocks are already at historic highs. Now, as interest rates rise, most of the stock market faces the risk of a revaluation. One very important reason for the sharp rise in US stocks before is that low interest rates provide support for high valuations. Interest rates have risen sharply in recent weeks. This makes stocks more expensive compared to bond yields. If stock valuations need to be readjusted to this change in interest rates, it means that US stocks may experience a more severe sell-off, with a decline of more than 20%. The price-earnings ratio of the S&P 500 index starts at 202

英為財情InvestingMar 1, 2021 16:11

Fisker rose more than 15% after it was announced that it would partner with Foxconn to produce electric cars.

Fisker rose more than 15% after it was announced that it would partner with Foxconn to produce electric cars, which are scheduled to start production in the fourth quarter of 2024.

新浪財經Feb 24, 2021 22:42

JinkoSolar Holding Co Ltd has risen by more than 2%, and the company has recently won a large order for high-efficiency components in India.

JinkoSolar Holding Co Ltd (JKS.N) rose more than 2%, and the company recently signed a large project order for Tiger Pro series of efficient components in India with India's two largest EPC companies.

新浪財經Feb 19, 2021 22:42

General Electric Co: lay off 15% or further layoffs in 2020

General Electric Co employed 174000 people worldwide by the end of 2020, compared with 205000 at the end of 2019 and laid off 15 per cent, according to the latest filing to SEC of the US. However, the company said it was likely to cut further jobs this year. It is understood that among the business units, the aviation sector has the largest number of layoffs, with a reduction of 23% to 40, 000, 16% to 47000 in the health care sector, 10.5% to 34000 in the power sector, and 7% to 40, 000 in the renewable energy sector. In the past three years, General Electric Co has been fired.

智通財經APPFeb 15, 2021 08:55