FIRST REPUBLIC BANK
News
Crude oil prices sell-off intensifies after Kremlin drone attack
Invezz News Energy prices continued slipping as concerns about a recession continued. Brent crude oil price crashed to $73 while West Texas Intermediate (WTI) dropped below $70 for the first time since March this year. In all, oil has dropped by almost 50% from the highest point in 2022. Crude oil prices ...\n more…
Is Federal Reserve reckless to hike interest rates again, as recession and banking fears worsen?
Invezz News On Wednesday afternoon, we will get the latest episode of the most important show in town: the Federal Reserve and its interest rate policy. At 2 PM Eastern, the Fed will announce whether interest rates will be hiked again or if the long-awaited pivot has come. For the first time in ...\n more…
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of First Republic Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 23, 2023 - (NYSE: FRC)
PR Newswire SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of First Republic Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 23, 2023 - (NYSE: FRC) SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of First Republic Bank of a Class Action Lawsuit and a Lead Plaintiff...\n more…
Fed Meeting Looming Tonight
Action Forex Markets US regional banks including PacWest and Wester Alliance suffered heavy losses yesterday. Instead of putting the financial unrest to bed, the takeover of First Republic Bank on Monday redirected, be it with a days lag, market focus to the next weakest link(s). Broader US stock indices lost a ...\n more…
DXY index signal: forecast ahead of Fed and ECB rate decisions
Invezz News The US dollar index (DXY) dropped for the second day straight as investors waited for the upcoming Federal Reserve and European Central Bank (ECB) decisions. The index dropped to a low of $102.30, which was slightly above the year-to-date low of $100.37. Fed and ECB decisions The biggest forex news ...\n more…
A Risky Lopsided US Stock Market Performance
Action Forex The year-to-date performance of the SP 500 has been heavily skewed by the top 8 market cap stocks (FAANG + MNT). US regional bank fear persists despite the takeover of First Republic Bank by JPMorgan Chase. Markets are looking out for clues on the timing of the first Fed rate cut in todays post...\n more…