France’s CAC up 2.27%. German Dax up 1.57% The major European stock indices are ending with solid gains. The provisional closes are showing: German DAX, +1.57% France’s CAC, +2.27% UK’s FTSE, +1.84% Spain’s Ibex, +1.58% Italy’s FTSE MIB, +1.91% IN the benchmark 10 year notes sector, yields are mixed with Italian yields moving down sharply
I don’t think he will be getting a pardon At his sentencing hearing he said: “Today is the day that I am getting my freedom back.” … “I have been living in a personal and mental incarceration ever since the day that I accepted the offer to work for a real estate mogul whose business acumen
In this market, investors should opt for individual stocks instead of exchange-traded funds, which often lump together shares of companies with conflicting trajectories, CNBC’s Jim Cramer said Tuesday after a turbulent trading session. Using the technology sector as an example, the “Mad Money” host outlined the crosscurrents making the group particularly “complicated.” Apple’s stock has
GBP/USD fell to a low of 1.2478 before jumping to a high of 1.2550 and is back down again to 1.2520 levels now ForexLive Despite a leadership contest being called upon, things are far from clear at this point. David Lidington is the latest to offer his public support for Theresa May following the earlier
May speaks in Downing St I have served this party and I serve the national interest Believes that a deal with the EU is attainable Says that we are making progress after meeting with European leaders yesterday A change of leadership would put future at risk New leader would have to extend or rescind Article
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Algos are reading headlines, but what if they’re wrong? Algos are all over the newswires and twitter. The straightforward way is a race to trade on news and economic data. As a result of an arms race that’s lasted the past 15 years; it’s gotten hyper-competitive and now the moves are unbelievably fast. The next
Better China news does not impress the market There was more favorable China/US news in the form of lower tariffs on US auto’s into China (from 40% to 15%) and stocks reacted positively at first. However, there was a very public spat between Pres. Trump, Sen. Chuck Schumer and Rep. Nancy Pelosi on the border
These markets, I was going to write ‘hurry up and wait’ but its the other way around. Wait for it …. then it all comes in a hurry: Right, there’s the recap …. for the AUD, viewing it as positive: AUD/USD is back (just over) its overnight high, some work to do here ForexLive
Major endowments in the United States, including those managed by colleges and universities, “badly underperform” market benchmarks, according to a new study from Georgetown University and NYU’s Stern School of Business. In a sample of more than 28,000 endowment funds drawn from filings with the U.S. Internal Revenue Service, economists found that the nation’s endowments
Indices have >1% gains today The major European stock indices are ending the session with solid (>1%) gains. Provisional closes are showing: German Dax, +1.9% France’s CAC, +1.71% UK’s FTSE, +1.66% Spain’s Ibex, +1.18% Italy’s FTSE MIB, +1.0% Portugal PSI 20 bucked the trend and is ending the session down -0.28%. In the benchmark 10
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
For investors scouring the increasingly volatile stock market in search of good investments, CNBC’s Jim Cramer suggested an under-the-radar name on Monday: Zuora Inc. “[CEO] Tien Tzuo delivered a good number,” in late November, Cramer, host of “Mad Money,” told a lightning round caller. “It’s just that this stock is just violently out of favor.”
GBP/USD rises to a high of 1.2606 on the day ForexLive Cable is now testing the 38.2 retracement level @ 1.2604 of the decline yesterday as May sets out to Brussels later to meet with Juncker and Tusk. She is believed to seek legal assurances on the backstop so as to confirm that it won’t
But will they actually provide a legally binding assurance that it won’t be open-ended as what UK parliament members want? Coveney says that there is potential for a new statement or declaration from the EU on the backstop to help reassure the UK parliament if need be. That’s some positive news from the headlines but
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