68 F
New York, US
Monday, August 20, 2018
China’s currency slid to a fresh six-month low against the dollar Wednesday, sparking speculation China could use a weakened yuan as a weapon if tensions with the U.S. turn into an out-and-out trade war. The idea is that China could let the yuan fall, making...
At some point, trade wars could make investors run for the safety of gold, but right now they’re running away. Gold has broken to fresh one-year lows and is heading toward $1,200 per troy ounce, now that spot prices have broken $1,220. Gold has languished on soft physical demand...
U.S. equity benchmarks ended in negative territory on Friday after Trump reignited fears about a trade war between the U.S. and its foreign counterparts. Trump also showed immense...
Genomic Health, Inc’s GHDX shares jumped 23.1% after it disclosed that the Trial Assigning IndividuaLized Options for Treatment (Rx), or TAILORx, successfully defined the benefits of chemotherapy in early-stage breast cancer patients with Oncotype DX Breast Recurrence Score results of 11 to 25Shares of Bayer Aktiengesellschaft BAYN.DE declined...
Check out the companies making headlines before the bell: Apple – Apple reported quarterly profit of $2.34 per share, beating the consensus estimate of $2.18 a share. Revenue also beat forecasts with a boost from Apple's iPhone X, and the company also gave upbeat revenue projections for the current...
Economists say expectations for strong second quarter growth may have gotten slightly higher due to exports and inventory building that appears to have been done ahead of the onset of trade tariffs. Second quarter growth is expected to be the best since 2014, with Thomson Reuters consensus forecast at...
Thor Industries, Inc. (THO - Free Report) is getting pressured by both a tight labor market and the steel and aluminum tariffs. This Zacks Rank #5...
I've written about large-cap gold miners like Barrick Gold (ABX - Free Report) many times over the years for the Bear of the Day feature, and...
Check out the companies making headlines before the bell: Deere – Deere reported adjusted fiscal third quarter profit of $2.59 per share, compared to the consensus estimate of $2.78. Revenue did beat forecasts, but Deere said it continues to face cost pressures for raw materials and freight. ...
Markets closed mostly in the red on Wednesday, as the Fed left interest rates unchanged, while trade war fears once again offset strong gains in tech stocks. This...

Recent Posts

Most Popular

US Dollar Index recovery faltered around 96.30

The index managed to rebound to the 96.30 region. Yields of the US 10-yer note sidelined below 2.87%. US-China trade front, Turkey...
video

View from Sibos: Reshaping correspondent banking

The Banker's editor Brian Caplen talks to Swift CEO Gottfried Leibbrandt about how correspondent banking is responding to regulation, low interest rates and the...
video

Chubb CEO: London diminished, not dire after Brexit

Chubb CEO Evan Greenberg explains to Richard Quest why he plans to move its European headquarters from London to Paris.

Brent Oil Stabilizes Near $72 as Economic Concerns Weigh

Brent Oil Stabilizes Near $72 as Economic Concerns Weigh  U.S. News & World ReportCrude Oil Price Forecast: Another Step Lower  InvestopediaOil prices continues downtrend mainly...

Trump is the unsung hero of the world economy

So let's see whether we can come back with a winning strategy. What would that look like? First, let's repeat,...