Impressive early turnaround for stocks despite the news from IBM and with Rosengren and Fisher downplaying the chance of extending QE. The S&P 500 is up 2 points to 1890 despite futures pointing to about a 5 point loss at the open. The Dow is down 75 points but that’s all IBM...
Some buy stops are underpinning a rally in AUD/USD in a quick move up to 0.8797 from 0.8780. (http://www.xe.com/currency/aud-australian-dollar...
So says an article in the WSJ which highlights that China’s growth will slow sharply during the coming decade to 3.9% as its productivity nose dives and the country’s leaders fail to push through tough measures to remake the economy, according to a report expected to come out today...
Morgan Stanley load up on EUR/JPY shorts at 137.00 Those lovable rogues at Morgan Stanley have gone and gotten themselves all shorted up in EUR/JPY at 137.00. They’re off to a flyer as it currently trades 136.71 and they are hoping to take profit at 131.50...
The EURUSD ended Friday finding technical support on the chart against the 50% of the move higher and just above the 100 hour MA. It also found resistance sellers against the broken 38.2% Fibonacci Retracement level. On Monday, the bullish or bearish story should start to be told...
Say that a reduction in transaction charges will encourage members to increase the volume of business Concerned over high costs of doing their business, brokers have requested top bourse NSE to consider lowering the transaction charges for options segment in derivatives and currency trading marke...
USD, EUR, JPY, GBP, AUD: Outlooks For The Coming Week - Morgan Stanley 19 Oct 2014 00:03 EDT By eFXnews.com 350Share on print Print Share on email Email Focus of the day...
The face of automation on Wall Street is a computer hooked up to nine blinking screens that goes by the name Quantitative Market Maker, or Q.M.M. Until last year, the work that Q.M.M. performs was handled by human traders at JPMorgan Chase, who would shout prices into a phone and yell “Done...
Adidas AG, the world’s second-biggest sporting-goods maker, jumped in Frankfurt on a report that a group of investors plans to bid about 1.7 billion euros ($2.2 billion) for the company’s Reebok unit. The shares gained as much as 7.2 percent to 58...
With demand for copper set to swell, producers are turning to 21st century ideas to boost output of the metal that’s becoming a more crucial component of the expanding global economy...
LOS ANGELES (MarketWatch) — Gold prices held steady on Monday, starting off the week just slightly in the red as a lineup of notable quarterly reports, including more than a third of the Dow companies, will likely shape equities trading in the coming days...
FRANKFURT--Germany's producer prices index continued its fall on an annual basis in September, as energy costs kept it under downward pressure, while it remained steady in on the month earlier, official data showed Monday. Producer prices were unchanged on the month and fell 1...
Apple, Microsoft, P&G earnings this week SAN FRANCISCO (MarketWatch) — Weakness in Europe and a stronger dollar are the major concerns for corporate America going into this earnings season but that may apply more to outlooks than results for the third quarter...
To generalize the economic problems of Europe, focus on demand: the lack thereof. In essence, Europe is relying on the European Central Bank to add incremental growth but the logic of growth without demand is illusory at best...
SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Friday lowered Russia's sovereign rating by one notch to Baa2 and maintained a negative outlook...
Natural Gas climbed at the end of the month and could continue to grow. NG closed at 4.12 much higher than expected based on seasonality. Gross natural gas production rose in July to a fresh all-time high as producers continued to drill new wells tapping the Marcellus and Utica shale’s...
Crude Oil was weak most of the month on lower demand and high production with a global glut. The commodity closed at 91.16 after climbing back above the $94 level and then crashing as the markets closed for the month. Brent Oil dipped from over $100 to close at 94...
Markets have been crazy lately, if you haven’t noticed. Yesterday and Wednesday in particular were just plain nuts, with the Dow dropping as much as 460 points before nearly fully recovering a day later. The U.S. 10-year Treasury yield moved more than it has in five years...
BoE's Haldane says gloomier about economy than 3 months ago * Haldane says markets see risk of long-term stagnation * No guarantee wages and productivity will recover soon * Sterling falls against dollar on remarks (Adds market reaction, detail from speech) By David Milliken LONDON, Oct 17 (Reute...
It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts...
