Morning Brief: Apple reportedly skeleton to launch 3 new iPhone models this year

Friday, Jan 11, 2019

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WHAT TO WATCH

The U.S. Bureau of Labor Statistics will be releasing Consumer Price Index (CPI) data. The Fed mostly looks to CPI information as a pivotal acceleration gauge, and given that it was suggested in a Federal Open Market Committee’s (FOMC) Dec assembly mins that a few non-voting members were demure to travel rates due to acceleration vigour concerns, a CPI information for Dec will be even some-more closely watched.

Economists polled by Bloomberg are awaiting “core” consumer prices, incompatible a cost of food and gas, to have risen 2.2% in Dec from a year ago. The Fed is targeting 2% inflation.

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TOP NEWS

Apple Inc. iPhone XR smartphones lay on arrangement during a SoftBank Group Corp. store in Tokyo, Japan, on Friday, Nov. 2, 2018. Softbank will announce a half-year gain total on Nov. 5. Photographer: Kiyoshi Ota/Bloomberg around Getty ImagesApple Inc. iPhone XR smartphones lay on arrangement during a SoftBank Group Corp. store in Tokyo, Japan, on Friday, Nov. 2, 2018. Softbank will announce a half-year gain total on Nov. 5. Photographer: Kiyoshi Ota/Bloomberg around Getty Images

Apple reportedly skeleton to launch 3 new iPhone models this year: Apple Inc. (AAPL) skeleton to launch 3 new iPhone models this year, including one with an LCD screen, to attain a struggling XR model, a Wall Street Journal reported on Friday. [Reuters]

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Powell, Clarida insist a Fed will be ‘patient’ with financial policy: The Fed is reiterating that it will be stretchable with a financial process in 2019. Federal Reserve Chair Jerome Powell done remarks Thursday afternoon in Washington and insisted that a executive bank would be “patient” with U.S. mercantile developments. Powell’s explanation was bolstered by Vice Chairman Richard Clarida in an dusk debate a same day in New York City. [Yahoo Finance]

China’s Wanda files for U.S. IPO of sports unit: Chinese firm Dalian Wanda Group has filed confidentially for a U.S. initial open charity of a sports section that could fetch adult to $500 million, according to sources with approach believe of a matter. [Reuters]

Meet some astonishing victims of a Trump shutdown: Around 800,000 sovereign workers are going but compensate since of a shutdown that began on Dec. 22. But Congress will roughly positively return their compensate once a shutdown ends, as it has after before shutdowns. For thousands of businesses influenced by a shutdown, however, there’s expected to be no reparation. [Yahoo Finance]

JJ raises US prices on around dual dozen drugs: Johnson Johnson (JNJ) lifted U.S. prices on around dual dozen medication drugs on Thursday, including a psoriasis diagnosis Stelara, prostate cancer drug Zytiga and blood thinner Xarelto, all among a top-selling products. [Reuters]

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