News

Indices starting positive Rumours of bold announcement regarding easing policy and adding stimulus are keeping most asset classes buoyant as the European session gets under way. With the Jackson Hole Symposium from Thursday onward being the major focus of the week, date releases and other inputs are looking as if they will take a back
0 Comments
Steven Struggs is the portfolio manager of the Queens Road Small-Cap Value Fund. Bragg Financial Advisors If the stock market’s recent volatility has you wondering whether to liquidate your equities or hold on, heed the experience of Steven Struggs. Struggs is the portfolio manager of the Queens Road Small-Cap Value Fund. (QRSVX). The 17-year-old fund applies
0 Comments
Australia’s ANZ-Roy Morgan Consumer Confidence fell 2.3% last week, closing below the long-term average, notes the research team at ANZ. Key Quotes “The fall was driven by weakness in economic conditions, with current falling 3.8% and future losing a massive 7.9%. Both the economic sub-indices are below their respective long-term average.” “In contrast, the measures
0 Comments
A rebound in longer-dated US yields lifted the US dollar to 2019 highs which hurt the precious metal sector. Trade talk hopes and a resurfacing of geopolitical tensions lifted the energy sector while agricultural commodities await the annual US crop-counting tour. Precious metals GOLD has started this week negatively and could halt a three-week rising
0 Comments
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
0 Comments
GBP/JPY rests on three-day-old support-line inside a week-long rising wedge formation. Either side break of 129.75 or 128.70 becomes the key. GBP/JPY rests on an immediate rising trend-line as it trades near 129.27 during the early Asian session on Tuesday. While a break of the three-day-old support-line, at 129.20 now, can drag prices to the
0 Comments
Share to facebook Share to twitter Share to linkedin The Logo of the steel company ArcelorMittal is pictured in Saint Denis, outside Paris, France, Wednesday, Sept. 13, 2017. (AP Photo/Michel Euler) photocredit: ASSOCIATED PRESS ArcelorMittal (NYSE: MT) has successfully added more than $19 billion to its revenue base from 2016 to 2018, driven by increased
0 Comments
Gold prices fell more than 1% on Monday as concerns eased that major economies could tip into recession, boosting investors’ affinity for risk and detracted from bullion’s safe-haven allure. Spot gold was down 1% at $1,498.35 per ounce, while U.S. gold futures fell 0.97% to $1,508.7. “There has been some pullback in terms of the
0 Comments