What to Watch in the Day Ahead - Wednesday, September 27

Brainstorm Cell Therapeutics

26/09/2023 19:39

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On the U.S. economic radar, a report from Commerce Department is expected to show orders for
durable goods likely dipped 0.5% in August, after falling 5.2% in July. Meanwhile, orders for
durable goods excluding transport likely rose 0.1% in August, after a 0.4% growth in July.
Orders for non-defense capital goods excluding aircraft are expected to remain flat in August,
after a 0.1% rise in July.
    
Bank of America Corp CEO Brian Moynihan is expected to talk about the outlook for the economy
and banking at the Economic Club of New York event.

Micron Technology Inc is expected to post a fall in fourth-quarter revenue after China banned
sales of its memory chips to key domestic industries.
    
The Securities and Exchange Commission (SEC) Chair Gary Gensler is scheduled to appear at an
oversight hearing of the U.S. House Financial Services Committee.
    
Jefferies Financial Group Inc is set to report a decline in third-quarter profit as lingering
market uncertainty weighs on dealmaking.
    
X Corp, formerly known as Twitter, CEO Linda Yaccarino is expected to speak at the Code 2023
technology conference.
    
A panel of outside advisors to the U.S. FDA is scheduled to vote on BrainStorm Cell
Therapeutics' cell therapy targeting amyotrophic lateral sclerosis, a neurodegenerative disease
that affects nerve cells in the brain and spinal cord.
    
Moody's rating agency is expected to host an event with its analysts, government officials and
executives from banks like Banorte and Banco del Bajio.

The Organisation for Economic Co-operation and Development (OECD) is set to release an economic
survey of Peru, with a focus on ways to boost long-term growth. Separately, Mexico's trade
balance data for August is due for release. 
    

 (Compiled by Sameer B Kulkarni in Bengaluru; Editing by Shweta Agarwal)
 ((SameerB.Kulkarni@thomsonreuters.com;))