US President Donald Trump and Russian Vladimir Putin will meet on July 16 for their summit in Helsinki, Finland Trump wants to meet with Putin alone, with no other aides present on either side (so, no note-takers, witnesses, or official record) After that there will be a session with aides present. CNN with the report, citing to
USD/JPY nearly back to square on the day USD/JPY came under pressure for the second day in the early part of Asia-Pacific trading but the bleeding has stopped and the ship has slowly changed course. The pair is now down just 4 points on the day to 110.55 after falling as low as 110.28.
As a visual representation of the digital Cryptocurrency, Litecoin (LTC), Monero (XMR), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Dash on June 15, 2018 in Hong Kong, Hong Kong. (Photo by S3studio/Getty Images) Initial coin offerings (ICOs) have, in just a couple of years, become a hugely popular way for fledgling companies to quickly raise
GBP/USD rises to a high of 1.3207 after the UK services and composite PMI beats The data release was a solid one as the services print comes in at the highest since October last year. If anything, it doesn’t take away from the fact that the BOE could still possibly raise rates later this year.
The greenback bounces higher on the day I’m not seeing or hearing of any reason for the jump here apart from possibly thin trading, but the move could be sparked by some technical levels too. The dollar index tested just under the 94.50 and ran into support from the 22 June low and bounced thereafter.
Latest data released by Markit – 4 July 2018 Prior 56.4 Composite PMI 54.8 vs 55.8 expected Prior 55.9 Both prints come in weaker than expected, and decline from the previous month. Not a good start to things with Italy and final prints for Germany and France to come later as well. The composite reading
Comments by Riksbank deputy governor Cecilia Skingsley Forecast is rate will be raised at the end of the year Want to be sure that “we’re on firm ground” before raising rates Main forecast is for no more bond purchases Can raise repo rate even if growth slows Following the dissent by Floden yesterday, the SEK
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Patrick Kaser, managing director and portfolio manager at Brandywine Global, believes free cash flow is a key determining factor in whether or not a company will be a lucrative investment. Earnings, however, are not always indicative of a successful company. “There are many ways to manipulate earnings, earnings per share, GAAP, non-GAAP, but there’s very
As America gets set to celebrate its 242nd birthday with multi-colored fireworks bursting in air, the suppliers of those pyrotechnics are starting to worry about whether they’ll get stuck in the middle of a trade war. So far, the Trump administration has not included the $1.24 billion fireworks industry on its list of China tariff
When we look at the movement in the price of oil on the monthly, weekly and daily charts we don’t need to know what the news about oil is. If you’re knowledgeable about technical analysis, it’s not necessary to analyze and interpret events in the market — all we’re doing is identifying the trend and
Oil prices will rise more than previously expected in the second half of 2018, as the Trump administration aims to wipe out Iranian crude exports by November, Morgan Stanley forecasts. The tougher-than-anticipated U.S. policy means Iran’s production could fall by 1.1 million barrels per day (bpd) at a time of high oil demand. The bank
A Health Ministry employee takes part in an operation to empty shops selling fake medicine during a raid monitored by police officers against shops selling counterfeit drugs on May 3, 2017 at the Adjame market in Abidjan. Photo credit: ISSOUF SANOGO/AFP/Getty Images) This article is part of a five-piece series with David Luna, CEO and
PepsiCo’s profitability will suffer due to commodity price inflation this year, according to Deutsche Bank. The firm lowered its rating on PepsiCo shares to hold from buy, predicting the company will report earnings below expectations this year. Analyst Steve Powers reduced his earnings per share forecast for PepsiCo’s fiscal 2018 to $5.62 from $5.69 versus