Category: JPMorgan

  • Bitcoin Price Suppression Below $100,000 Worries Investors, JPMorgan Analysts Reveal The Real Problem

    This article is also available in Spanish. The high price of bitcoin may be at a threat as it is He continues to trade under $ 100,000. According to analysts at Jpmorgan, there was a noticeable decrease in institutional interest in the encryption industry, especially through Bitcoin and ethereum Futures.…

  • ‘I Just Don’t Feel Great About Bitcoin’: JPMorgan CEO Talks About Crypto’s Alleged Dark Side

    Recently interview In an interview with CBS News, JP Morgan CEO Jamie Dimon reiterated his long-standing skepticism of Bitcoin, saying: “Bitcoin itself has no intrinsic value.” Bitcoin Resilience Amid Dimon Doubts Dimon emphasized the cryptocurrency’s alleged connection to illegal activities, including money laundering and human trafficking, which he believes tarnishes…

  • JPMorgan chase set to mandate full-time office return for thousands of staff

    JPMorgan Chase is reportedly preparing to mandate a full five-day work week for thousands of its employees, signaling a further tightening of the remote and hybrid work models introduced during the pandemic. The US banking giant, which employs more than 300,000 people worldwide and around 22,000 in the UK, is…

  • JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud

    A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, alleging that the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws. In the federal civil complaintThe Consumer Financial Protection Bureau…

  • JPMorgan Rejects Transition-Finance Trend Gripping Wall Street

    Breadcrumb links PMN works JPMorgan Chase & Co. is turning its back on a trend embraced by many of its Wall Street peers. Article writer: Bloomberg News Alastair Marsh Published on December 1, 2024 • 5 minute read You can save this article by registering for free here. Or log…

  • Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor

    This article is also available in Spanish. According to JP Morgan analysts, the victory of US Republican presidential candidate Donald Trump could increase Bitcoin (BTC) price momentum. Retail Investors Turn to Bitcoin for ‘Depreciation Trade’ Recently Customer noteAnalysts at JP Morgan suggested that a Trump win could provide “additional upside”…

  • JPMorgan now sees the Fed cutting by 25 basis points

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…

  • JPMorgan acquires stake in Australia’s cash-strapped Star Entertainment By Reuters

    (Reuters) – U.S. bank JPMorgan Chase & Co. (NYSE:) has become a major shareholder in Star Entertainment, as shares of the beleaguered Australian casino operator have fallen sharply in the past few years amid liquidity issues, a stock exchange report showed. JPMorgan has become a shareholder with voting power of…

  • JPMorgan CEO Jamie Dimon to visit Kenya in four-nation tour in growth push

    JPMorgan Chase Chief Executive Jamie Dimon plans to travel to Africa in mid-October as the largest U.S. lender seeks to expand on the continent, his first trip there in seven years, four people familiar with the matter told Reuters. Two sources said Dimon is expected to visit Kenya, Nigeria, South…

  • Dollar’s demise appears overstated – JPMorgan By Investing.com

    Investing.com – The U.S. dollar has had a tough summer, falling significantly in August, but JPMorgan Chase believes those predicting the demise of the greenback are getting ahead of themselves. At 06:00 ET (10:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…

  • Dollar’s demise appears overstated – JPMorgan By Investing.com

    Investing.com – The U.S. dollar has had a tough summer, falling significantly in August, but JPMorgan Chase believes those predicting the demise of the greenback are getting ahead of themselves. At 06:00 ET (10:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…

  • JPMorgan ditches China buy recommendation due to ‘Tariff War 2.0’

    JPMorgan Chase & Co. dropped its buy recommendation on Chinese stocks, citing heightened volatility around the upcoming U.S. election as well as growth headwinds and tepid political support. China’s rating was downgraded to neutral from “overweight” in the bank’s emerging market allocation, strategists led by Pedro Martins wrote in a…

  • Reports of dollar’s demise are greatly exaggerated, JPMorgan says By Reuters

    By Mark Jones LONDON (Reuters) – Suggestions that the dollar’s dominance of the global financial system is ending are off the mark, despite some dramatic signs of change in commodity markets and some trading blocs, JPMorgan said on Wednesday. JPMorgan said the rise of China and the use of economic…

  • Reports of dollar’s demise are greatly exaggerated, JPMorgan says By Reuters

    By Mark Jones LONDON (Reuters) – Suggestions that the dollar’s dominance of the global financial system is ending are off the mark, despite some dramatic signs of change in commodity markets and some trading blocs, JPMorgan said on Wednesday. JPMorgan said the rise of China and the use of economic…

  • Does higher growth boost long-term equity returns? JPMorgan weighs in By Investing.com

    In a recent note to clients, JPMorgan looked at the relationship between economic growth and long-term equity returns, with a focus on developed and emerging markets. In developed markets, JPMorgan found a clear correlation between economic growth and equity returns: a 1% increase in long-term real growth is associated with…

  • JPMorgan cuts Israel’s 2024 growth forecast

    Following recent negative macroeconomic data, JPMorgan has lowered its forecast for Israel’s GDP growth in 2024 to just 1.4%, down from 1.6% in its previous forecast. Under the title “Israel: An Unlucky Mix of Growth and Inflation Data,” US investment bank JP Morgan released revised forecasts for the Israeli economy,…

  • JPMorgan: You can profit 70% of the time you buy the dip in corporate debt

    It’s usually worth buying U.S. corporate bonds when the market is weak, according to a research note from JPMorgan Chase & Co. Investors who buy high-quality U.S. corporate bonds when spreads widen have made profits over the next three months about 70% of the time, strategists led by Eric Benstein…

  • Three-quarters of global carry trade has been unwound: JPMorgan By Investing.com

    About three-quarters of global carry trades have been removed, JPMorgan strategists said in a note on Wednesday. In its latest report, JPMorgan noted that the risk-reward ratio in global bonds is low due to the upcoming US elections and potential financiers’ re-pricing of low US interest rates. It also noted…

  • Crypto Market Recovery Ahead? JPMorgan Highlights Buy-The-Dip Moment

    Banking giant JPMorgan Chase said that in the face of the ongoing cryptocurrency market liquidation across asset classes, Buy the Dip Opportunity This coin is expected to emerge soon. From its daily low of around $50,000, Bitcoin (BTC) has seen a dramatic 8%+ comeback to surpass $54,000 and cause short…

  • Crypto Market Recovery Ahead? JPMorgan Highlights Buy-The-Dip Moment

    Banking giant JPMorgan Chase said that in the face of the ongoing cryptocurrency market liquidation across asset classes, Buy the Dip Opportunity This coin is expected to emerge soon. From its daily low of around $50,000, Bitcoin (BTC) has seen a dramatic 8%+ comeback to surpass $54,000 and cause short…