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Tag: Finance


News

The global trade war has morphed into a currency war. Here’s why that’s a scary proposition for markets.

August 7, 2019

Via: Business Insider

President Donald Trump’s trade war has increasingly revolved around the role of global currencies. It’s a shift he’s ushered along by crying foul on alleged currency manipulation. And there have even been reports that he’s considered doing it with the […]


News

Stocks making the biggest moves premarket: Allergan, Dean Foods, Energizer, Shake Shack & more

August 6, 2019

Via: CNBC

Allergan – Allergan beat estimates by 3 cents a share, with adjusted quarterly profit of $4.38 per share. The drugmaker’s revenue beat forecasts as well, driven by strong sales of products like Botox and Juvéderm. Allergan also raised its full-year […]


News

Europe stocks hammered by U.S.-China trade tensions

August 5, 2019

Via: Market Watch

Asian stocks were hit hard as the dollar USDCNY, +1.4106% rose about the key 7 level vs. the Chinese yuan, and as protests continued in Hong Kong. “Today’s decision by China’s central bank to allow the yuan to breach the […]


Finance Tech, Liquidity

Metals Stocks: Gold, already at multiyear highs, tacks on another 1% as trade worries deepen

August 5, 2019

Via: Market Watch

Gold’s haven appeal boosted the metal Monday as an escalating U.S.-China trade fight sparked a selloff in assets perceived as risky. Gold on Friday notched its highest finish in more than six years, a day after President Donald Trump intensified […]


Finance Tech, Trading

US stocks fall again, joining worldwide sell-off, on tariffs

August 2, 2019

Via: ABC News

Financial markets around the world buckled Friday, and the S&P 500 was on track to close out its worst week of the year following President Donald Trump’s latest escalation in his trade war with China. China struck back and said […]


Industries, Manufacturing

Gauge of US manufacturing hits lowest since September 2009, raising concerns about the economy

August 1, 2019

Via: CNBC

The IHS Markit Manufacturing Purchasing Managers’ Index fell to 50.4 in July, down from 50.6 in June, driven by a weaker demand. The firm also noted managers’ signaled slower hiring. A gauge of employment within the report fell to the […]


Finance Tech, Trading

Solid earnings reports push US stock indexes broadly higher

August 1, 2019

Via: ABC News

Stocks marched higher in late morning trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before. Investors are nearing the end of a busy week that included Wednesday’s […]


Energy, Uncategorized

Oil prices sink more than 2% as U.S.-China trade spat sparks demand concerns

May 7, 2019

Via: Market Watch

Crude-oil prices dropped on Tuesday amid lingering worries about a protracted trade conflict between the U.S. and China, which could hurt demand for the commodity. “Oil prices remain volatile, with concerns a trade war could have reduced demand battling for […]


Finance Tech

How Advanced Automation Generates Higher Profits for Financial Services

December 7, 2018

Via: Aberdeen

Up until now, the technology and capabilities for leading financial institutions and service providers have been focused primarily on improving the speed and efficiency of transaction processes to minimize cost and improve the visibility of information. They rely on this […]


News, Trading, Uncategorized

Tesla slips after Elon Musk announced lower-cost Model 3 (TSLA)

October 19, 2018

Via: Business Insider

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]