'Chaotic era' for Asian currencies: Bank of America is not bullish on any of them [MSNBC.com]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.bankofamerica.com
Company Research
Source: MSNBC.com
In this articleA Japanese 1,000 yen banknote sits on a pile of South Korean won banknotes for an arranged photograph at a Woori Bank Co. branch in Seoul, South Korea.SeongJoon Cho | Bloomberg via Getty Images"We are not bullish on any currency in Asia," Bank of America said in a recent report, with many currencies impacted by a delayed Federal Reserve easing cycle and sustained strength in theU.S. dollarThe investment bank singled out theChinese yuanTaiwan dollarThai bahtVietnamese dongAmong their "neutral" list of currencies are theHong Kong dollarIndonesian rupiahIndia rupeeMalaysian ringgitPhilippine pesoSingapore dollarBofA forecasts the Chinese yuan to trade at 7.35 against the dollar this quarter and weaken to 7.45 in the third and fourth quarters.The bank expects yuan depreciation pressures to sustain into the second half of the year, due to: the delayed Fed easing, China's disinflationary behavior aggravating yield gap with the U.S. and a weak financial account as a result of
Show less
Read more
Impact Snapshot
Event Time:
BAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAC alerts
High impacting Bank of America Corporation news events
Weekly update
A roundup of the hottest topics
BAC
News
- Stocks' bull run will end in a bubble or recession, says Bank of America strategist [Yahoo! Finance]Yahoo! Finance
- Charlotte Business Alliance picks former Bank of America executive as interim CEO [Yahoo! Finance]Yahoo! Finance
- Ex-Merrill Lynch Banker Named in Hong Kong Insider-Dealing Case [BNN Bloomberg (Canada)]BNN Bloomberg
- Charlotte Regional Business Alliance names Andrea B. Smith as interim CEO and announces search partner [Yahoo! Finance]Yahoo! Finance
- Aptiv PLC (NYSE:APTV) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 5/3/24 - Form 424B2
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- BAC's page on the SEC website