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Bank of America

Upwards on Wall Street after job report

An unexpectedly positive report on the state of the American labor market delighted stock speculators in New York. The three leading indexes on Wall Street rose on the last day of the trading week, the broad S&P 500 index by 0.

Upwards on Wall Street after job report

JP Morgan Removes Buy Recommendation on China

The American giant bank JP Morgan Chase & Co is removing its buy recommendation on Chinese stocks. The bank's strategists are warning of increased uncertainty due to the US presidential election in November, headwinds for China's economy, and difficulties in getting Chinese stimulus measures to work.

JP Morgan Removes Buy Recommendation on China

Bank of America surprises positively

The American giant bank Bank of America's net profit fell to 6. 9 billion dollars in the second quarter, down from 7.

Bank of America surprises positively

Turkish interest rate remains at 50 per cent

Turkey's central bank is leaving the interest rate unchanged at 50 per cent, for the third month in a row. The announcement is in line with market expectations, where economists at major banks such as Bank of America and Morgan Stanley are counting on an interest rate cut in Turkey not until the end of the year or early 2025.

Turkish interest rate remains at 50 per cent