Tag: business

September 30, 2022

FOREX EXIT STRATEGY #1: TRADITIONAL STOP/LIMIT (USING SUPPORT AND RESISTANCE) One of the best ways to keep emotions in check is to set targets (limits) and stops at the same time the trade is entered into. This is a much […]

September 23, 2022

Global stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. London and Frankfurt opened lower. Shanghai, Hong Kong and […]

September 23, 2022

Gold has been stuck in a rut for the last week with any attempted break higher met with more forceful opposition. Gold is battling higher US Treasury yields, especially in the interest-rate sensitive short-end, that continue to dull the allure […]

September 21, 2022

UK manufacturers reported a marginal fall in production in the three months to September but they expect a much sharper decline over the coming three months, monthly Industrial Trends Survey from the Confederation of British Industry and Accenture showed Wednesday. […]

September 21, 2022

Global shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve to try to tamp down the highest inflation in decades. France’s CAC 40 fell nearly 0.1% in early trading […]

September 19, 2022

Asian shares fell Monday after another week of sizable losses on Wall Street, as investors braced for another interest rate hike by the U.S. Federal Reserve. Japan’s markets were closed for a holiday. Oil prices rose while U.S. futures declined. […]

September 15, 2022

World shares were mostly higher on Thursday after a wobbly day of trading yielded modest gains on Wall Street. Germany’s DAX added 0.4% to 13,075.05 while the CAC 40 in Paris edged 0.1% higher to 6.230.03. Britain’s FTSE 100 climbed […]

September 13, 2022

Global stocks and Wall Street futures were higher Tuesday ahead of data traders hope will show that surging U.S. inflation eased in August, reducing pressure for more interest rate hikes. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong […]

September 12, 2022

Carvana — Shares of the online car seller rose more than 7% in the premarket after Piper Sandler upgraded Carvana to overweight from neutral. The firm said Carvana could double from current levels, noting that the stock is too cheap […]

September 8, 2022

GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop’s results could not be compared since few analysts cover the […]

September 7, 2022

Asian benchmarks mostly rose Thursday, as investor optimism got a perk from a rally on Wall Street that’s on track to break a three-week losing streak. Japan’s benchmark Nikkei 225 surged nearly 2.0% in morning trading to 27,964.16. Australia’s S&P/ASX […]

September 2, 2022

Asian stock markets were mixed Friday ahead of U.S. jobs data that might influence Federal Reserve plans for more interest rate hikes to cool surging inflation. Shanghai and Seoul advanced while Tokyo and Hong Kong retreated. Oil prices rose more […]

August 31, 2022

Bitcoin, Ethereum and tech stocks are trading higher after a positive day for risk assets. With Eurozone inflation showing no sign of easing, another heated CPI print has placed additional pressure on the ECB (European Central Bank). As both the […]

August 11, 2022

Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month. Thursday’s report from the Labor Department showed […]

August 11, 2022

Wall Street is rising again Thursday after another encouraging dose of data showed inflation cooled last month. The S&P 500 was up 0.6% following a report showing inflation at the wholesale level slowed more than economists expected. It bolstered hopes […]

July 7, 2022

The beginning of the month warrants a review of the seasonal patterns that have influenced forex markets over the past several years. For July, our focus is on the trailing 5-year and 10-year performances, both of which fully capture trading […]

July 7, 2022

The U.S. trade deficit narrowed for the second consecutive month in May as imports were held down by lower goods spending by American households and exports jumped on energy shipments. The trade gap in goods and services shrank 1.3% in […]

June 29, 2022

The average cost of insuring the ten most popular models of car has leapt by £100, according to analysis from a price comparison site. Comparethemarket.com said drivers typically paid a premium of £675 for their annual insurance between March and […]

June 28, 2022

Mesirow, an independent, employee-owned financial services firm, today announced the addition of several key new hires across Mesirow Capital Markets, which encompasses capabilities including Institutional Sales and Trading (IS&T) and Public Finance. Elizabeth Funk joins the firm as a managing director […]

June 23, 2022

“Cash-flow is the lifeblood of any business” – we have all heard the phrase, to the point that it has become accepted common wisdom bordering on a cliché. It is easy to understand why when you break it down to […]