Wall Street edges higher on stimulus efforts, trade hopes
The S&P index recorded 14 new 52-week highs and no new low, while the Nasdaq recorded 17 new highs and 18 new lows. Read More: Wall Street edges higher on stimulus efforts, trade hopes
Commodities Corner: ‘Tight quarters of the Persian Gulf’ help raise spare capacity concerns
The attacks on Saudi oil facilities may have only briefly sliced daily crude oil output from the kingdom by more than half, but the risk remains to supplies from one of the world’s biggest exporters and to the oil-rich Middle East. Read More: Commodities Corner: ‘Tight quarters of the Persian Gulf’ help raise spare capacity […]
Market Extra: How the stock market tends to perform after back-to-back Fed rate cuts
On Thursday, U.S. equity benchmarks were staging a test of fresh all-time highs, a day after the Federal Reserve cut interest rates for the second time in as many meetings. Read More: Market Extra: How the stock market tends to perform after back-to-back Fed rate cuts
Wall Street Breakfast: Pumping Continues Amid Repo Panic
Read More: Wall Street Breakfast: Pumping Continues Amid Repo Panic
Microsoft Board Authorizes Up To $40 Billion Of Buybacks – We Hope That's Not Their Best Idea
Read More: Microsoft Board Authorizes Up To Billion Of Buybacks – We Hope That's Not Their Best Idea
China Sunsine Chemical proposes one-to-two stock split
MAINBOARD-LISTED China Sunsine Chemical Holdings is proposing a share split of every ordinary share to two shares, the company said in a bourse filing on Friday. Read More: China Sunsine Chemical proposes one-to-two stock split
Libra faces another S$1.72m in claims, Iras action over unpaid tax
EMBATTLED building solutions firm Libra Group is facing another S$1.72 million in claims from its creditors and a lawsuit from an insurer, while owing the Inland Revenue Authority of Singapore (Iras) S$82,488 in unpaid taxes. Read More: Libra faces another S.72m in claims, Iras action over unpaid tax
Singapore stocks: STI resumes Friday afternoon at 3,155.14, down 0.12% on day
SINGAPORE stocks slipped as trading resumed on Friday afternoon, with the Straits Times Index edging down 0.12 per cent or 3.66 points on the day to 3,155.14 as at 1.04pm. Read More: Singapore stocks: STI resumes Friday afternoon at 3,155.14, down 0.12% on day
Singapore shares end flat as geopolitical tensions weigh
THE Straits Times Index (STI) added just 0.03 per cent or 0.88 point to end at 3,159.68 Read More: Singapore shares end flat as geopolitical tensions weigh
OANDA Market Insights – Episode 83 (Podcast)
OANDA Senior Market Analyst Craig Erlam previews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week they discussed the Federal Reserve interest rate decision, the US economy, the attack on the Saudi Arabian oil facility and Brexit. Read More: OANDA Market Insights – Episode 83 (Podcast)
OANDA – Repo injections continue, Fed Speak, Oil, Gold
Thin trade is the best way to describe this morning, but traders must not forget today is quadruple witching. The dollar and gold prices are steady, oil is slightly higher, and global bond yields are little changed. As much as the market wants to feel the Fed has a strong handle in stabilizing the funding […]
Humana CEO on digital health technology, drug costs and more
Bruce Broussard, CEO of health insurance company Humana, sits down with CNBC's Bertha Coombs to discuss the state of the industry, integrating digital health technology, making acquisitions, and more. Read More: Humana CEO on digital health technology, drug costs and more
India's stock market skyrockets the most in 10 years after surprise tax cut
The India S&P BSE Sensex index jumped 5.3% to notch its biggest one-day gain since May 5, 2009. That day, the index soared 17.3%. Read More: India's stock market skyrockets the most in 10 years after surprise tax cut
New York Fed to continue operations in overnight funding market until mid-October
The process will involve three 14-day operations involving $30 billion as well as continued overnight operations of at least $75 billion each. Read More: New York Fed to continue operations in overnight funding market until mid-October
Global Times editor: US tariff exemptions seen as a sign of goodwill
Tweet from Hu Xijin The US exempts more than 400 Chinese products from tariffs, which is seen as a goodwill signal by China. Interaction of goodwill between China and the US is still fragile. Political determination from decision-making circle of the two countries is needed in order to reach a deal. Is there going to […]
AUD/USD continues the slow rollover. A sign of things to come?
Not a great look The Australian dollar has fallen to the lowest since September 3. Early in the month, AUD/USD rebounded from a triple bottom near 0.6700 largely due to optimism about a US-China trade deal and better global growth. Read More: AUD/USD continues the slow rollover. A sign of things to come?
Nigeria Holds Key Rate as Economic Growth Remains Sluggish
Read More: Nigeria Holds Key Rate as Economic Growth Remains Sluggish
NewsBreak: Fed's Clarida Says Fed Taking Things 'Meeting by Meeting'
Read More: NewsBreak: Fed's Clarida Says Fed Taking Things 'Meeting by Meeting'
Gold Price Targets: XAU/USD Recovery to be Short-lived- GLD Outlook
Gold snapped a three-week losing streak but continues to consolidate just below a critical resistance zone. Here are the levels that matter on the XAU/USD weekly chart. Read More: Gold Price Targets: XAU/USD Recovery to be Short-lived- GLD Outlook
$CHTR – Charter Communications Is Furiously Buying Back Its Shares, And Investors Should Follow Suit
$CHTR – Charter Communications Is Furiously Buying Back Its Shares, And Investors Should Follow Suit https://seekingalpha.com/article/4292489-charter-communications-furiously-buying-back-shares-investors-follow-suit?source=feed_f&utm_campaign=twitter_automated&utm_medium=social&utm_source=twitter Read More: $CHTR – Charter Communications Is Furiously Buying Back Its Shares, And Investors Should Follow Suit
$MCD – McDonald's To Acquire Apprente For Voice Tech
$MCD – McDonald’s To Acquire Apprente For Voice Tech https://seekingalpha.com/article/4292502-mcdonalds-acquire-apprente-voice-tech?source=feed_f&utm_campaign=twitter_automated&utm_medium=social&utm_source=twitter Read More: $MCD – McDonald's To Acquire Apprente For Voice Tech
#UnitedStates Existing Home Sales at 5.49M
#UnitedStates Existing Home Sales at 5.49M https://tradingeconomics.com/united-states/existing-home-sales Read More: #UnitedStates Existing Home Sales at 5.49M
#UnitedStates Existing Home Sales month-on-month at 1.3%
#UnitedStates Existing Home Sales month-on-month at 1.3% https://tradingeconomics.com/united-states/existing-home-sales Read More: #UnitedStates Existing Home Sales month-on-month at 1.3%
According to Elias Simos (@eliasimos), a senior research analyst at Decentral Park Capital, Ethereum…
According to Elias Simos (@eliasimos), a senior research analyst at Decentral Park Capital, Ethereum recorded net exchange outflows for the first time since May, following the recovery of the cryptocurrency market and the #Ethereum price. https://cryptoslate.com/indicator-shows-ethereum-accumulation-is-surging-main-factors-behind-the-rally/ Read More: According to Elias Simos (@eliasimos), a senior research analyst at Decentral Park Capital, Ethereum…
Ethereum, XRP, and Litecoin stage major recoveries indicating the start of a new altseason
Altcoins such as Ethereum, XRP, and Litecoin are finally showing significant moves, regaining some of the market dominance they lost to Bitcoin year-to-date. If the trend continues it could mark the beginning of a new “altseason.” Market Dominance Bitcoin’s market share began rising Dec. 2018. Following a 327 percent upswing, BTC went from $3,200 to […]
Hedera Hashgraph sacrifices decentralization for high throughput, says developer
Hedera Hashgraph could be making fundamental tradeoffs to achieve its touted 10,000+ transactions per second. These tradeoffs make it one of the most centralized networks on the market, argues well-known crypto developer Eric Wall. A buzzword-powered blockchain that wants to change the world Less than a year old, the Hedera Hashgraph network has been marketed […]
Square Crypto Completes Inaugural Developer Team With Three New Hires
Square Crypto has hired former devs from Google, Facebook’s Libra and Lightning Labs onto its inaugural developer team. Read More: Square Crypto Completes Inaugural Developer Team With Three New Hires
Iran Considers New System of Annual Registration for Crypto Miners
Following a summer full of news on the local industry, the Cabinet of Iran is considering a new system of annual registration for crypto miners. Read More: Iran Considers New System of Annual Registration for Crypto Miners
Bitcoin Owners Are Giving Away Altcoins to Support TOR Project
Bitcoin owners say it is better to donate altcoins to charities and other nonprofit organizations while “stacking sats.” Read More: Bitcoin Owners Are Giving Away Altcoins to Support TOR Project
Raging Bull Bitcoin Has a Crypto Plan for Canada and the World
Francis Pouliot. While global crypto exchange Binance takes every chance to brag about how many products they’ve delivered, Canada and Bitcoin-only company, Bull Bitcoin seems to be equally busy with multiple new features in their pipeline. The company is a fixed rate Bitcoin exchange service which allows Canadians to buy, sell, spend bitcoins and pay […]