Hong Kong: HANG SENG INDEX (.HSI) rise as China confirms trade deal signing next week

Hong Kong: HANG SENG INDEX (.HSI) rise as China confirms trade deal signing next week

Hong Kong: HANG SENG INDEX (.HSI) rise as China confirms trade deal signing next week U.S. stocks climbed in early trading on Thursday as investors cheered confirmation from China that its top trade official will head to Washington next week to sign a preliminary trade deal. The “Phase 1” deal is the opening step on […]

Silver 1 OZ 999 NY (XAG=X) Slides as Mideast Tensions Fade

Silver 1 OZ 999 NY (XAG=X) Slides as Mideast Tensions Fade

Silver 1 OZ 999 NY (XAG=X) Slides as Mideast Tensions Fade Silver prices continue to show volatility this week. On Wednesday, silver jumped as high as 18.86 after reports that Iran had launched missile attacks on two U.S. military bases in Iraq. Although the Iranians claimed that the attack killed 80 U.S. soldiers, the U.S. […]

Gold 1 OZ (XAU=X) slides from near 7-year peak as U.S.-Iran fears subside

Gold 1 OZ (XAU=X) slides from near 7-year peak as U.S.-Iran fears subside

Gold 1 OZ (XAU=X) slides from near 7-year peak as U.S.-Iran fears subside Gold prices slid on Thursday, retreating further from a near 7-year peak scaled in the previous session as tensions between the U.S. and Iran eased following conflict over the U.S. killing of an Iranian general.Spot gold fell 0.5% to $1,547.72 per ounce […]

Bargain hunting lifts FTSE Bursa Malaysia KLCI (.KLSE) higher at close

Bargain hunting lifts FTSE Bursa Malaysia KLCI (.KLSE) higher at close

Bargain hunting lifts FTSE Bursa Malaysia KLCI (.KLSE) higher at close Bursa Malaysia reversed yesterday’s losses to finish higher today driven by bargain hunting in value stocks, particularly blue chips banking counters, following easing tensions between the United States and Iran. At the closing bell, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) went up […]

Australian Dollar: USD/AUD (AUD=X) Continues To Hover

Australian Dollar: USD/AUD (AUD=X) Continues To Hover

Australian Dollar: USD/AUD (AUD=X) Continues To Hover The Australian dollar has gone back and forth during the trading session on Thursday, as we continue to hang around the 50 day EMA. We are sitting just above the previous downtrend line though, so it’s very likely that the buyers will come in and try to pick […]

Japanese Yen: USD/JPY (JPY=X) US Dollar Continues To Rally Against Safety Currency Japanese Yen

Japanese Yen: USD/JPY (JPY=X) US Dollar Continues To Rally Against Safety Currency Japanese Yen

Japanese Yen: USD/JPY (JPY=X) US Dollar Continues To Rally Against Safety Currency Japanese Yen The US dollar has rallied quite nicely against the Japanese yen during the trading session on Thursday, as more of a “risk on” move has come back into play. After the tensions in the Middle East settled down, traders began to […]

British Pound: USD/GBP (GBP=X) Looks for Footing in Nervous Markets

British Pound: USD/GBP (GBP=X) Looks for Footing in Nervous Markets

British Pound: USD/GBP (GBP=X) Looks for Footing in Nervous Markets GBP/USD has posted slight gains on Wednesday, erasing much of the losses seen in the Tuesday session. Currently, the pair is trading at 1.3154, up 0.26% on the day. Pound Looks for Footing in Nervous Markets The U.S. drone attack which killed an Iranian general last week […]

NASDAQ Composite (.IXIC) close at new records after Trump minimizes Iran strikes

NASDAQ Composite (.IXIC) close at new records after Trump minimizes Iran strikes

NASDAQ Composite (.IXIC) close at new records after Trump minimizes Iran strikes U.S. stocks recovered from overnight losses to post solid gains, with the Nasdaq notching a new record close, after remarks by President Trump suggested the U.S. and Iran were refraining from further military action following attacks on U.S. bases overnight, in retaliation for […]

Apple Inc. (NASDAQ:AAPL) hits all-time high after announcing record holiday App Store sales

Apple Inc. (NASDAQ:AAPL) hits all-time high after announcing record holiday App Store sales

Apple Inc. (NASDAQ:AAPL) hits all-time high after announcing record holiday App Store sales Apple shares closed at a record high on Wednesday after revealing its App Store customers spent $1.42 billion between Christmas Day and New Year’s Eve. The tech giant’s stock soared as much as 2.4% on Wednesday after the company announced the record […]

Amazon.com, Inc. (NASDAQ:AMZN) stock increased in value by 23% in 2019 and investors are hoping to see that improve in 2020

Amazon.com, Inc. (NASDAQ:AMZN) stock increased in value by 23% in 2019 and investors are hoping to see that improve in 2020

Amazon.com, Inc. (NASDAQ:AMZN) stock increased in value by 23% in 2019 and investors are hoping to see that improve in 2020 Amazon (NASDAQ:AMZN) didn’t have its best year ever in 2019. The 23% increase in value for AMZN stock wasn’t terrible by most measures, but it didn’t come close to the sort of gains other […]

Bitcoin: USD/BTC (BTC=X) Climbs Higher

Bitcoin: USD/BTC (BTC=X) Climbs Higher

Bitcoin: USD/BTC (BTC=X) Climbs Higher Bitcoin climbed to the highest since November after breaching the $8,000 price level. Concerns about an escalation in the conflict between the U.S. and Iran are seen as contributing to the rally in Bitcoin, which is not managed by a government. “Bitcoin and gold are well supported due to rising […]

Ethereum: USD/ETH (ETH=) Is Number Two… And Gaining

Ethereum: USD/ETH (ETH=) Is Number Two… And Gaining

Ethereum: USD/ETH (ETH=) Is Number Two… And Gaining While ETH is nowhere near the price of bitcoin (and probably never will be), it’s easy to focus all of one’s attention of the globe’s primary digital asset while pushing all others to the side. At the time of writing, Ethereum is up to roughly $143 – […]

United States Oil (USO) prices sink after roller-coaster ride amid U.S.-Iran tensions

United States Oil (USO) prices sink after roller-coaster ride amid U.S.-Iran tensions

United States Oil (USO) prices sink after roller-coaster ride amid U.S.-Iran tensions Oil prices plunged over 4 percent on Wednesday after a roller-coaster ride as market participants assessed the possibility of a global crude supply disruption by monitoring the latest development of U.S.-Iran tensions. The United States killed Major General Qassem Soleimani, commander of Iran’s […]

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps Off the top of my head, it’s difficult to come up with a name shrouded in so much controversy over a short period of time like Facebook (NASDAQ:FB). Starting from the Cambridge Analytica scandal in the spring of 2018, the social media […]

Tesla, Inc. (NASDAQ:TSLA) market value zooms past that of GM and Ford – combined

Tesla, Inc. (NASDAQ:TSLA) market value zooms past that of GM and Ford – combined

Tesla, Inc. (NASDAQ:TSLA) market value zooms past that of GM and Ford – combined For the first time, Tesla Inc’s <TSLA.O> stock market value has eclipsed the combined values of General Motors Co <GM.N> and Ford Motor Co <F.N>. The Silicon Valley electric car maker’s stock jumped nearly 5% on Wednesday, closing at a record […]

The Anam Spa Introduces Vietnamese Zodiac Spa Journeys

The Anam Spa Introduces Vietnamese Zodiac Spa Journeys

One of Vietnam’s most acclaimed resorts is ushering in 2020 in a state of zen, launching restorative spa packages tailored to guests’ birth years, zodiac signs and zodiac elements. Inspired by the Vietnamese zodiac elements of wood, fire, earth, metal and water, the Anam’s new spa therapy begins with a consultation with the resort’s ‘elements’ […]

2020: USA, No Recession, Steady Economy, Low Inflation

2020: USA, No Recession, Steady Economy, Low Inflation

$DIA $SPY $QQQ $RUTX $VXX US stocks will continue to rise this year on very little chance of a recession, and low inflation driving steady economic growth, with real GDP growing around 2.0%, and inflation remains below 2.0%. That is our outlook for Y 2020. We do not see a recession in this year’s US […]

Bitcoin: USD/BTC (BTC=X) and the Primacy of the Digital World

Bitcoin: USD/BTC (BTC=X) and the Primacy of the Digital World

Bitcoin: USD/BTC (BTC=X) and the Primacy of the Digital World As a fervent bitcoin enthusiast, I frequently come across the following objection: In contrast to physical, analog things, bitcoin and similar crypto assets are completely virtual and digital. As such, they are neither tangible nor graspable and would thus lack any real basis of value. […]

UK FTSE 100 (.FTSE) steadies as U.S.-Iran fears ease; Brexit doubts hit midcaps

UK FTSE 100 (.FTSE) steadies as U.S.-Iran fears ease; Brexit doubts hit midcaps

UK FTSE 100 (.FTSE) steadies as U.S.-Iran fears ease; Brexit doubts hit midcaps London’s main index recouped almost all its earlier losses on Wednesday as markets hoped flaring tensions between the United States and Iran would not escalate further, while midcaps slipped as worries of a hard Brexit resurfaced. The FTSE 100 .FTSE ended roughly […]

Hong Kong: HANG SENG INDEX (.HSI) slips as Iran tensions send oil, gold up

Hong Kong: HANG SENG INDEX (.HSI) slips as Iran tensions send oil, gold up

Hong Kong: HANG SENG INDEX (.HSI) slips as Iran tensions send oil, gold up Hong Kong shares recovered slightly by the end of the morning session on Wednesday after opening sharply down as tensions between Iran and the US escalated dramatically with Tehran launching a missile attack. The Hang Seng Index fell 0.8 percent, to […]

Silver 1 OZ 999 NY (XAG=X) Update: Likely to Back Off Short Term

Silver 1 OZ 999 NY (XAG=X) Update: Likely to Back Off Short Term

Silver 1 OZ 999 NY (XAG=X) Update: Likely to Back Off Short Term Silver has shown strong moves in both directions on Wednesday, as the markets remain jumpy in the aftermath of the U.S. drone strike which killed an Iranian general and sent shock waves across the Middle East. Currently, silver is trading at $18.41, up […]

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions Gold prices hit $1,613 an ounce on Jan 7, triggered by reports that Iran launched more than a dozen missiles at two U.S. military bases in Iraq. This was in retaliation to the U.S airstrike on direct orders from President Donald Trump that […]

FTSE Bursa Malaysia KLCI (.KLSE) ends lower in line with global markets on rising geopolitical tensions

FTSE Bursa Malaysia KLCI (.KLSE) ends lower in line with global markets on rising geopolitical tensions

FTSE Bursa Malaysia KLCI (.KLSE) ends lower in line with global markets on rising geopolitical tensions Bursa Malaysia ended lower today in line with global markets following rising tensions in the Middle East between Washington and Tehran. At the close, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 1.36 per cent or 21.94 points […]

Australian Dollar: USD/AUD (AUD=X) falls back below 69 US cents, US trade deficit at three-year low

Australian Dollar: USD/AUD (AUD=X) falls back below 69 US cents, US trade deficit at three-year low

Australian Dollar: USD/AUD (AUD=X) falls back below 69 US cents, US trade deficit at three-year low The Australian dollar has fallen back below 69 US cents and is weaker against a basket of currencies, as the US dollar rises after America’s trade deficit fell to a three-year low. The Australian dollar traded above 70 US […]

Japanese Yen: USD/JPY (JPY=X) Rebounding after Trump Tweet Calms Investors

Japanese Yen: USD/JPY (JPY=X) Rebounding after Trump Tweet Calms Investors

Japanese Yen: USD/JPY (JPY=X) Rebounding after Trump Tweet Calms Investors The Dollar/Yen is trading slightly better shortly ahead of the U.S. opening. The Forex pair has erased all of its earlier losses, producing tremendous whip-saw action. The catalysts behind the volatile, two-sided price action are escalating tensions between the United States and Iran, and indications […]

Euro: USD/EUR (EUR=X) forecast to stabilise following sharp fall

Euro: USD/EUR (EUR=X) forecast to stabilise following sharp fall

Euro: USD/EUR (EUR=X) forecast to stabilise following sharp fall Volatility in the Euro-to-Dollar exchange rate has spiked over the past 24 hours after the Dollar rose sharply in response to some better-than-forecast U.S. data, and in the process drove the EUR/USD down half a percent. Meanwhile, news of an Iranian retaliation against the U.S. in […]

British Pound: USD/GBP (GBP=X) UK Parliament Debates Exit Bill

British Pound: USD/GBP (GBP=X) UK Parliament Debates Exit Bill

British Pound: USD/GBP (GBP=X) UK Parliament Debates Exit Bill The House of Commons is in the process of debating Johnson’s exit agreement with the EU and the PM’s deal is expected to turn into British law by the end of the week. The opposition has brought forward several amendments but with Johnson now holding a […]

Australia: S&P/ASX 200 (.AXJO) pare losses as Trump reassures after Iran attacks

Australia: S&P/ASX 200 (.AXJO) pare losses as Trump reassures after Iran attacks

Australia: S&P/ASX 200 (.AXJO) pare losses as Trump reassures after Iran attacks Australian shares trimmed losses on Wednesday after U.S. President Donald Trump’s comment on the Middle East tensions reassured investors rattled by Iranian missile attacks on U.S.-led forces in Iraq earlier in the day. The S&P/ASX 200 index closed down 0.1%, or 8.8 points, […]

United States Oil (USO) spikes after Iran attacks US forces

United States Oil (USO) spikes after Iran attacks US forces

United States Oil (USO) spikes after Iran attacks US forces The price of oil spiked Wednesday (Jan 8) after Iran launched revenge attacks on US forces in Iraq, making good on its pledge to hit back over the killing of its top general. The main US contract rocketed by more than 4.5 per cent as […]

Consolidating Bitcoin: USD/BTC (BTC=X) set to revisit 2019’s upper bound in 2020

Consolidating Bitcoin: USD/BTC (BTC=X) set to revisit 2019’s upper bound in 2020

Consolidating Bitcoin: USD/BTC (BTC=X) set to revisit 2019’s upper bound in 2020 The fact that a store-of-value asset with fixed supply and increasing adoption is more likely to appreciate in price will keep Bitcoin supported in 2020, in our view, while the primary trends of 2019 that favored the first-born cryptocurrency vs. rivals should persist. […]

Ethereum: USD/ETH (ETH=) tests $145 level following 15% upswing

Ethereum: USD/ETH (ETH=) tests $145 level following 15% upswing

Ethereum: USD/ETH (ETH=) tests $145 level following 15% upswing Ethereum, the world’s second-largest cryptocurrency by market cap, has tested the $145 level of resistance following a 15% rally over the past five days. The move to the upside hasn’t been limited to Ethereum either, with Bitcoin and a number of top cryptocurrencies all experiencing significant […]

Facebook, Inc. (NASDAQ:FB) Shares Plan To Ban Deepfakes

Facebook, Inc. (NASDAQ:FB) Shares Plan To Ban Deepfakes

Facebook, Inc. (NASDAQ:FB) Shares Plan To Ban Deepfakes Facebook, Inc. (NASDAQ: FB) announced on Tuesday it will remove videos modified by artificial intelligence known as “deepfakes” from its platform. The deepfakes are computer-generated footage designed to look real. Facebook explains that manipulations can be made through simple technology like Photoshop or through sophisticated tools that […]

Tesla, Inc. (NASDAQ:TSLA) stock surges toward another record

Tesla, Inc. (NASDAQ:TSLA) stock surges toward another record

Tesla, Inc. (NASDAQ:TSLA) stock surges toward another record Shares of Tesla Inc. TSLA, +3.88% rallied 1.6% in premarket trading Tuesday, putting them on track for a fifth straight gain and third straight record high, after Chief Executive Elon Musk presided at a ceremony in which the first cars made at the electric vehicle maker’s Shanghai […]

Alphabet Inc. (NASDAQ:GOOG) shares rise by 2.7 percent hitting a record high despite antitrust investigations as new CEO of parent company Alphabet makes his mark following a $240 MILLION bonus

Alphabet Inc. (NASDAQ:GOOG) shares rise by 2.7 percent hitting a record high despite antitrust investigations as new CEO of parent company Alphabet makes his mark following a $240 MILLION bonus

Alphabet Inc. (NASDAQ:GOOG) shares rise by 2.7 percent hitting a record high despite antitrust investigations as new CEO of parent company Alphabet makes his mark following a $240 MILLION bonus Shares of Google’s parent company hit a record high on Monday despite facing pressure over antitrust investigations. Tech giant Alphabet reached $1,397.81 per share, a […]

Dow Jones Industrial Average (.DJI) Today: Middle East Focus Factors Into The Equation Again

Dow Jones Industrial Average (.DJI) Today: Middle East Focus Factors Into The Equation Again

Dow Jones Industrial Average (.DJI) Today: Middle East Focus Factors Into The Equation Again By no means was it a terrible Tuesday despite the fact that 23 of 30 Dow Jones stocks were lower in late trading. There was some other good news, albeit on an anecdotal level, including that of a well-known market forecast […]

Should You Buy Apple Inc. (NASDAQ:AAPL) Stock Ahead of Q1 Results?

Should You Buy Apple Inc. (NASDAQ:AAPL) Stock Ahead of Q1 Results?

Should You Buy Apple Inc. (NASDAQ:AAPL) Stock Ahead of Q1 Results? Apple (NASDAQ:AAPL) stock put together a fantastic 2019, putting to rest some of the doubts that emerged in 2018. The stock rose 89% in 2019. Shares have achieved average annual returns of 26% over the past 10 years as of close on January 6. […]

Louis T Collection Appoints Hotel Manager to New Taiwan Boutique Hotel

Louis T Collection Appoints Hotel Manager to New Taiwan Boutique Hotel

Shane Lee is stepping into her second senior management role as she joins Louis T Collection to lead the hospitality and building solution group’s first Taiwan property. Shane joins the team this month in preparation for the March opening of CESVI, a 28 room boutique hotel made entirely of shipping containers in Taiwan’s thriving port […]

Gold: Would Not Chase it in Here

Gold: Would Not Chase it in Here

$XAU $GLD $USD Do not be surprised if gold moves to consolidate its gains or correct after this jump in prices, a big downturn is not likely on the cards if that happens. Gold’s latest rally comes on back of last week’s US airstrike near Baghdad’s airport that killed General Qassem Soleimani, 1 of Iran’s Top military […]

Oil and Gold 1 OZ (XAU=X) prices rise amid US-Iran uncertainty

Oil and Gold 1 OZ (XAU=X) prices rise amid US-Iran uncertainty

Oil and Gold 1 OZ (XAU=X) prices rise amid US-Iran uncertainty As geopolitical tensions mount between the U.S. and Iran, oil prices spiked on Monday and gold prices surged in response to the uncertainty. U.S. officials confirmed Qassem Soleimani, the leader of Iran’s Quds Force, was killed late Thursday in a U.S. airstrike that targeted […]

Japanese Yen: USD/JPY (JPY=X) to benefit on further Middle East tensions

Japanese Yen: USD/JPY (JPY=X) to benefit on further Middle East tensions

Japanese Yen: USD/JPY (JPY=X) to benefit on further Middle East tensions The Japanese Yen is expected to outperform other currencies on a material escalation in tensions between the U.S. and Iran, says Chris Turner, Global Head of Strategy and Head of EMEA and LATAM Research at ING Bank. “Were events in the Middle East to […]

Canadian Dollar: USD/CAD (CAD=X) Shows Resilience

Canadian Dollar: USD/CAD (CAD=X) Shows Resilience

Canadian Dollar: USD/CAD (CAD=X) Shows Resilience The Canadian demonstrated its resilience overnight. The U.S. dollar squeezed out gains against the major G-10 currencies, yet USD/CAD managed to remain below the psychologically important $1.3000 level. Markets are content to believe that U.S./Iran tensions have eased because Iran has yet to retaliate for the U.S. killing of […]

UK FTSE 100 (.FTSE) Edges Higher As US-Iran Concerns Cool

UK FTSE 100 (.FTSE) Edges Higher As US-Iran Concerns Cool

UK FTSE 100 (.FTSE) Edges Higher As US-Iran Concerns Cool London stocks got some respite on Tuesday after worries over heightened US-Iran tensions unnerved traders in the previous session. Wm Morrison Supermarkets was among the top performers in the FTSE 100 despite reporting a dip in sales, while Standard Life Aberdeen fell after receiving ratings […]

Bitcoin: USD/BTC (BTC=X) Escalating tensions between the US and Iran have prompted a price surge

Bitcoin: USD/BTC (BTC=X) Escalating tensions between the US and Iran have prompted a price surge

Bitcoin: USD/BTC (BTC=X) Escalating tensions between the US and Iran have prompted a price surge Escalating tensions between the US and Iran have prompted a price surge price for bitcoin and other cryptocurrencies, according to market analysts. Bitcoin has risen in value by around $600 since the US assassination of Islamic Revolutionary Guard Corps Maj Gen Qassem […]

Australia: S&P/ASX 200 (.AXJO) every sector gaining as weak economic data was seen to boost the odds of a February cash rate cut

Australia: S&P/ASX 200 (.AXJO) every sector gaining as weak economic data was seen to boost the odds of a February cash rate cut

Australia: S&P/ASX 200 (.AXJO) every sector gaining as weak economic data was seen to boost the odds of a February cash rate cut The Australian sharemarket has enjoyed its best day in three weeks, with every sector gaining as weak economic data was seen to boost the odds of a February cash rate cut. The […]

Hong Kong: HANG SENG INDEX (.HSI) gains as Iran tensions ease, oil retreats

Hong Kong: HANG SENG INDEX (.HSI) gains as Iran tensions ease, oil retreats

Hong Kong: HANG SENG INDEX (.HSI) gains as Iran tensions ease, oil retreats Hong Kong stocks finished on a positive note on Tuesday, clawing back some of the previous two days’ losses as Middle East concerns ease, while investors turn their focus back to the global economy. The Hang Seng index added 0.3 percent, to […]

Nervous Investors Snap up Gold and Silver 1 OZ 999 NY (XAG=X)

Nervous Investors Snap up Gold and Silver 1 OZ 999 NY (XAG=X)

Nervous Investors Snap up Gold and Silver 1 OZ 999 NY (XAG=X) Silver has steadied on Tuesday, after posting gains at the start of the week. Currently, silver is trading at $18.11, down $0.01 or 0.07% on the day. On the fundamental front, the U.S. releases ISM Non-Manufacturing PMI. The index continues to point to expansion […]

Bitcoin: USD/BTC (BTC=X) surge in wake of Iran crisis

Bitcoin: USD/BTC (BTC=X) surge in wake of Iran crisis

Bitcoin: USD/BTC (BTC=X) surge in wake of Iran crisis Bitcoin spiked earlier this week following an escalation in tensions between the U.S. and Iran, with analysts once again linking bitcoin to so-called safe haven assets like gold. After the head of the Iranian Revolutionary Guards’ elite Quds Force, general Qasem Soleimani, was killed by U.S. […]

United States Oil (USO) touches $70 as US-Iran clash sparks concerns over supplies

United States Oil (USO) touches $70 as US-Iran clash sparks concerns over supplies

United States Oil (USO) touches $70 as US-Iran clash sparks concerns over supplies Oil extended its gains, briefly surpassing $70 a barrel in London for the first time since September, as Middle East tensions flared after the U.S. assassinated one of Iran’s most powerful generals. Futures rose as much as 3.1% on Monday as the […]

Facebook, Inc. (NASDAQ:FB) rose almost 1.9% on the day, closing at $212.60 per share, a 52-week high

Facebook, Inc. (NASDAQ:FB) rose almost 1.9% on the day, closing at $212.60 per share, a 52-week high

Facebook, Inc. (NASDAQ:FB) rose almost 1.9% on the day, closing at $212.60 per share, a 52-week high Shares of internet giant Alphabet closed out the day at an all-time high on Monday as big tech companies saw gains that defied the rest of the market. Google-parent Alphabet closed up 2.7% at $1,397.81 per share, which brings […]

Tesla, Inc. (NASDAQ:TSLA) China hopes yet to feed through to suppliers

Tesla, Inc. (NASDAQ:TSLA) China hopes yet to feed through to suppliers

Tesla, Inc. (NASDAQ:TSLA) China hopes yet to feed through to suppliers Tesla will begin delivering its Model 3 cars made at its Shanghai factory to Chinese consumers on Tuesday amid a cooling electric vehicle (EV) market in China. The U.S. carmaker’s venture into the world’s second largest economy has been welcomed by Chinese EV start-ups […]

Alphabet Inc. (NASDAQ:GOOG) parent Alphabet’s stock jumps toward record high

Alphabet Inc. (NASDAQ:GOOG) parent Alphabet’s stock jumps toward record high

Alphabet Inc. (NASDAQ:GOOG) parent Alphabet’s stock jumps toward record high Shares of Google-parent Alphabet Inc. GOOG, +2.47% GOOGL, +2.67% jumped 2.1% toward a record high in afternoon trading Monday, after Pivotal Research analyst Michael Levine turned bullish for the first time in nearly three years, saying the recent change in management offers “the most optionality […]

Dow Jones Industrial Average (.DJI) falls 125 points on losses for shares of Caterpillar, American Express

Dow Jones Industrial Average (.DJI) falls 125 points on losses for shares of Caterpillar, American Express

Dow Jones Industrial Average (.DJI) falls 125 points on losses for shares of Caterpillar, American Express The Dow Jones Industrial Average is down Monday morning with shares of Caterpillar and American Express facing the biggest setback for the blue-chip average. Shares of Caterpillar CAT, -0.07% and American Express AXP, -0.43% are contributing to the index’s […]

Apple Inc. (NASDAQ:AAPL) stock falls, as Deutsche Bank cautions not to expect another 2019-like rally

Apple Inc. (NASDAQ:AAPL) stock falls, as Deutsche Bank cautions not to expect another 2019-like rally

Apple Inc. (NASDAQ:AAPL) stock falls, as Deutsche Bank cautions not to expect another 2019-like rally Shares of Apple Inc. AAPL, +0.80% fell 1.1% in early morning trading, to extend their pullback from record highs to a second session, after Deutsche Bank analyst Jeriel Ong raised his price target, but cautioned investors “the stock is unlikely […]

Amazon.com, Inc. (NASDAQ:AMZN) Could Easily Take On More Debt

Amazon.com, Inc. (NASDAQ:AMZN) Could Easily Take On More Debt

Amazon.com, Inc. (NASDAQ:AMZN) Could Easily Take On More Debt Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that ‘Volatility is far from synonymous with risk’. So it seems the smart money knows that debt – which is usually involved in bankruptcies […]

Keeneland Sales Graduates Bast, Authentic Earn Classic Points with Weekend Wins

Keeneland Sales Graduates Bast, Authentic Earn Classic Points with Weekend Wins

Keeneland sales graduates dominated the weekend’s classic preps at Santa Anita. Multiple Grade 1 winner and Eclipse Award finalist for champion 2-year-old filly Bast earned 10 points for her victory in the Santa Ynez (G2) to move into the top spot on the Road to the Kentucky Oaks (G1) leaderboard with a total of 34 points. Sales […]

Keeneland Sales Produce 12 Finalists for 2019 Eclipse Awards

Keeneland Sales Produce 12 Finalists for 2019 Eclipse Awards

Two Horse of the Year candidates are September Sale graduates Keeneland September Yearling Sale graduates Bricks and Mortar and Mitole are finalists for the title of Thoroughbred racing’s 2019 Horse of the Year and lead the 12 alumni of Keeneland sales who are candidates for Eclipse Awards as North American champions announced Saturday by the National Thoroughbred Racing Association, […]

Metropole Hanoi Celebrates Tet with Old Quarter-Style Market and More

Metropole Hanoi Celebrates Tet with Old Quarter-Style Market and More

The spirit of old Hanoi will sweep through the Sofitel Legend Metropole Hanoi this month, as the hotel celebrates Tet with a traditional Old Quarter-style market from Jan. 17-19. The festivities continue with special culinary offerings beginning Jan. 24. At the Tet market, food vendors on the hotel’s patio will sell authentic Vietnamese favourites, while […]

Samui Restaurant Reopens with Fiery New Menu

Samui Restaurant Reopens with Fiery New Menu

Beachfront dining includes everything from barbecues and brick ovens to wok fires and flambés. If you smell something sizzling down in southeastern Koh Samui these days, chances are it’s coming from Banyan Tree Samui’s beachfront restaurant, Sands, where Chef Rainer Roersch is rolling out his smoking hot “8-Fires” cuisine. “We were looking for a very […]

First Justify Foal Born in Northern Hemisphere

First Justify Foal Born in Northern Hemisphere

Coolmore’s Triple Crown winner Justify has just completed his first Australian season at stud covering a star studded book of 132 mares, while in the Northern Hemisphere breeders are now expecting his first foals. Born at Amaroo Farm in Kentucky for Audley Farm, this filly by Justify is the first foal for the winning Exchange […]

2020: What to Watch For in Commodities

2020: What to Watch For in Commodities

$DIA $SPY $QQQ, $RUTX, $VXX, $SOY, $CORN, $XAU, $CU, $USO This is our 1st What to Watch in the commodities sector, it is an overview of what to expect. The picture mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more. The year’s 1st full week of trading could […]

2020 and Beyond: Bitcoin: USD/BTC (BTC=X) Potential Protocol Upgrades

2020 and Beyond: Bitcoin: USD/BTC (BTC=X) Potential Protocol Upgrades

2020 and Beyond: Bitcoin: USD/BTC (BTC=X) Potential Protocol Upgrades Bitcoin’s consensus layer has remained unchanged for over two years now. Since Segregated Witness (SegWit), which activated in August 2017, no hard fork or soft fork protocol upgrades have been deployed at all*, marking Bitcoin’s longest stretch without consensus forks so far. But this stretch may […]

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down German stocks edged down on Monday, with the benchmark DAX index down 92.15 points, or 0.70 percent, to close at 13,126.99 points. Material manufacturer Covestro lost 4.80 percent, the top loser among the blue chips, followed by semiconductor manufacturer Infineon Technologies and airlines Lufthansa, which lost 1.69 percent and […]

UK FTSE 100 (.FTSE) falls and gold hits seven-year high as Iran fears grow

UK FTSE 100 (.FTSE) falls and gold hits seven-year high as Iran fears grow

UK FTSE 100 (.FTSE) falls and gold hits seven-year high as Iran fears grow Mounting anxiety over the fallout from the US assassination of Iran’s general Qasem Soleimani pushed the UK stock market 1% lower with oil and gold making further advances. The FTSE 100 shed 74 points to 7,548, reversing Friday’s oil-led bounce, with […]

Shanghai: SSE Composite Index (.SSEC) stocks fall, oil continues climb

Shanghai: SSE Composite Index (.SSEC) stocks fall, oil continues climb

Shanghai: SSE Composite Index (.SSEC) stocks fall, oil continues climb Hong Kong stocks closed sharply lower on Monday, extending losses from last week fuelled by fears of a Middle East conflict after the US assassinated a top Iranian general. The Hang Seng index fell 0.8 percent, to 28,226. Rising oil prices boosted the energy sector […]

Australia: S&P/ASX 200 (.AXJO) finishes flat as gold and oil soar

Australia: S&P/ASX 200 (.AXJO) finishes flat as gold and oil soar

Australia: S&P/ASX 200 (.AXJO) finishes flat as gold and oil soar The ASX has bounced back from its early losses to close slightly higher, powered by strong gains by gold miners and oil producers as both commodities moved higher amid tension in the Middle East. The S&P-ASX200 index fell 61.8 points in the first 11 […]

Hong Kong: HANG SENG INDEX (.HSI) slides, mainland markets jump on PBOC move

Hong Kong: HANG SENG INDEX (.HSI) slides, mainland markets jump on PBOC move

Hong Kong: HANG SENG INDEX (.HSI) slides, mainland markets jump on PBOC move Hong Kong stocks extended losses in the morning session on Monday, hit by concerns about a possible Middle East conflict after the US killed a top Iranian general last week, though energy firms were boosted by surging oil prices. The Hang Seng […]

Gold 1 OZ (XAU=X) Analyst warn of a near-term market top in prices

Gold 1 OZ (XAU=X) Analyst warn of a near-term market top in prices

Gold 1 OZ (XAU=X) Analyst warn of a near-term market top in prices Gold futures on Monday marked their highest settlement since April of 2013, as the killing last week of a top Iranian military commander, Qassem Soleimani, reverberated through financial markets, momentarily upending appetite for assets considered risky and boosting traditional haven assets like […]

Additional Selling Pressure Tipped For Singapore: STI Index (.STI)

Additional Selling Pressure Tipped For Singapore: STI Index (.STI)

Additional Selling Pressure Tipped For Singapore: STI Index (.STI) Singapore stocks closed lower on Monday, with the benchmark Straits Times Index (STI) going down 0.62 percent, or 19.96 points, to close at 3,218.86. A total of 1.32 billion shares changed hands with a turnover of 1.02 billion Singapore dollars (about 755.44 million U.S. dollars). Losers […]

FTSE Bursa Malaysia KLCI (.KLSE) below 1,600 while oil, gold rally

FTSE Bursa Malaysia KLCI (.KLSE) below 1,600 while oil, gold rally

FTSE Bursa Malaysia KLCI (.KLSE) below 1,600 while oil, gold rally The FBM KLCI pared some of its loss at the midday break today, but overall market sentiment stayed negative in line with the regional downtrend following the fresh Middle East tensions. At 12.30pm, the FBM KLCI fell 15.19 points to 1,596.19. The index had […]

Australian Dollar: USD/AUD (AUD=X) excellent opportunity for bulls

Australian Dollar: USD/AUD (AUD=X) excellent opportunity for bulls

Australian Dollar: USD/AUD (AUD=X) excellent opportunity for bulls After starting the first full week of the new year in a decidedly “risk off” position, markets are recovering into the US session close. For FX traders, the Australian dollar has long been the quintessential pro-growth currency, at least among the developed market majors, and the price […]

Japanese Yen: USD/JPY (JPY=X) Bearish Momentum Still Stronger

Japanese Yen: USD/JPY (JPY=X) Bearish Momentum Still Stronger

Japanese Yen: USD/JPY (JPY=X) Bearish Momentum Still Stronger Amid renewed global geopolitical tensions, particularly from North Korea and the Middle East region, it was natural to have a strong demand for safe havens, the most important of which is the Japanese Yen, and accordingly, the USD/JPY price declined for six consecutive trading sessions, reaching the […]

Euro: USD/EUR (EUR=X) German Retail Sales Tops Expectations in December

Euro: USD/EUR (EUR=X) German Retail Sales Tops Expectations in December

Euro: USD/EUR (EUR=X) German Retail Sales Tops Expectations in December Retail sales in Germany rose 2.1% last month, beating out the analyst estimate for a rise of 1.1%. It was the first time the data beat expectations since the summer. Services data was also better than expected with German, Italian, and Spanish PMI data all […]

British Pound: USD/GBP (GBP=X) UK Services Sector Improves in December

British Pound: USD/GBP (GBP=X) UK Services Sector Improves in December

British Pound: USD/GBP (GBP=X) UK Services Sector Improves in December Markit’s Services index was reported to rise to 50 in December to beat out the analyst estimate for a reading of 49.1. The data was welcomed by Sterling bulls after the latest manufacturing PMI data disappointed last week. GBP/USD experienced volatile trading in the first […]

Canadian Dollar: USD/CAD (CAD=X) broke long-term trend-line, 13000

Canadian Dollar: USD/CAD (CAD=X) broke long-term trend-line, 13000

Canadian Dollar: USD/CAD (CAD=X) broke long-term trend-line, 13000 USD/CAD closed the final week of last year with a charge below the 2012 trend-line, also creating a lower low from July by declining below 13000. Breaks during thinner holiday trade aren’t ideal, but for now will run with it as long as a sharp reversal doesn’t […]

Can Apple Inc. (NASDAQ:AAPL) Stock Have Another Strong Quarter?

Can Apple Inc. (NASDAQ:AAPL) Stock Have Another Strong Quarter?

Can Apple Inc. (NASDAQ:AAPL) Stock Have Another Strong Quarter? Apple (NASDAQ:AAPL) stock rose over 2.3% on Thursday, the first trading day of the decade, hitting a new 52-week high intraday at $300.60. However, as I write this article, Friday is proving to be another story for AAPL stock as well as the broader markets. Headlines on […]

Netflix, Inc. (NASDAQ:NFLX) Faces a Potentially Make-or-Break Quarter

Netflix, Inc. (NASDAQ:NFLX) Faces a Potentially Make-or-Break Quarter

Netflix, Inc. (NASDAQ:NFLX) Faces a Potentially Make-or-Break Quarter One of the biggest questions on the minds of Netflix (NASDAQ: NFLX) investors is whether the company can maintain its growth trajectory now that Disney (NYSE: DIS) has so successfully launched its rival streaming service. The House of Mouse announced on the day after its debut that […]

Bitcoin: USD/BTC (BTC=X) Bulls Targeting Key Resistance At $7,800

Bitcoin: USD/BTC (BTC=X) Bulls Targeting Key Resistance At $7,800

Bitcoin: USD/BTC (BTC=X) Bulls Targeting Key Resistance At $7,800 Bitcoin is on a sharp rise in 2020 with price breaching $7,500 USD. Bulls are regaining strength in the market with a third straight green candle on the daily charts setting bullish indicators that signal a possible test of the $7,800 resistance level. A call for […]

Ethereum: USD/ETH (ETH=) Set To Breach Key Resistance Against BTC As Golden Cross Forms

Ethereum: USD/ETH (ETH=) Set To Breach Key Resistance Against BTC As Golden Cross Forms

Ethereum: USD/ETH (ETH=) Set To Breach Key Resistance Against BTC As Golden Cross Forms Two successful forks at the end of 2019, Istanbul and the Muir Glacier update on 2nd January and healthy market fundamentals is the best way for Ethereum to start the year. The second largest cryptocurrency currently trades at $134.68 USD, representing […]

United States Oil (USO) hits $70 as Iran exits nuclear deal, tensions intensify

United States Oil (USO) hits $70 as Iran exits nuclear deal, tensions intensify

United States Oil (USO) hits $70 as Iran exits nuclear deal, tensions intensify Oil extended its dramatic price surge as the fallout between the US and Iran escalated after the assassination of one of the Islamic Republic’s most powerful generals. Futures jumped above $70 a barrel in London as the US State Department said there’s […]

Tesla, Inc. (NASDAQ:TSLA) stock hits record as 2019 sales rise more than 50%

Tesla, Inc. (NASDAQ:TSLA) stock hits record as 2019 sales rise more than 50%

Tesla, Inc. (NASDAQ:TSLA) stock hits record as 2019 sales rise more than 50% Shares of electric car maker Tesla Inc. hit a record closing price Friday after the company reported that its global deliveries rose more than 50% last year. The announcement Friday pushed Tesla’s shares up nearly 3% to a record close of $443.01. […]

Dow Jones Industrial Average (.DJI) continues to display strength

Dow Jones Industrial Average (.DJI) continues to display strength

Dow Jones Industrial Average (.DJI) continues to display strength The Dow Jones experienced considerable volatility last week as an unexpected geopolitical flare-up rattled risk appetite. Although open conflict has been avoided for the time being, the potential for a spiral of retaliatory attacks is very real and a wider military engagement could undermine equities further […]

NASDAQ Composite (.IXIC) Positive for the Week Despite Airstrike Concerns

NASDAQ Composite (.IXIC) Positive for the Week Despite Airstrike Concerns

NASDAQ Composite (.IXIC) Positive for the Week Despite Airstrike Concerns The S&P’s five-week winning streak came to an end on Friday as a U.S. airstrike in the Middle East forced this rally to take a break. The index declined 0.71% today to finish at 3234.85, which is only a little more than 5 points below […]

Commentary: Paul Ebeling on Wall Street, as it Goes Back to Work in 2020

Commentary: Paul Ebeling on Wall Street, as it Goes Back to Work in 2020

$DIA $SPY $QQQ $RUTX $APPL $VXX The Y 2020 started off with a Y 2019 flavor as the big names led and the smaller-caps lagged. Chinese stimulus got some credit for the gains, but there is no doubt that new money was put to work as the volume rose to solid marks. Buyers want stocks, […]

Australia: S&P/ASX 200 (.AXJO) set to open lower as investors, wary of a still further escalation of military activity between Iran and the US

Australia: S&P/ASX 200 (.AXJO) set to open lower as investors, wary of a still further escalation of military activity between Iran and the US

Australia: S&P/ASX 200 (.AXJO) set to open lower as investors, wary of a still further escalation of military activity between Iran and the US Australian shares are set to open lower as investors, wary of a still further escalation of military activity between Iran and the US, dash at least near-term hopes for an extension […]

Hong Kong: HANG SENG INDEX (.HSI) markets slump amid rising US-Iran tensions in the Middle East

Hong Kong: HANG SENG INDEX (.HSI) markets slump amid rising US-Iran tensions in the Middle East

Hong Kong: HANG SENG INDEX (.HSI) markets slump amid rising US-Iran tensions in the Middle East Most regional equity markets fell sharply yesterday, tracking the global slump on Friday as tensions between the US and Iran escalated following the killing of one of the Islamic republic’s top generals in Baghdad. Qassem Suleimani, the head of […]

Gold 1 OZ (XAU=X) Surge Following US Attack on Iranian General

Gold 1 OZ (XAU=X) Surge Following US Attack on Iranian General

Gold 1 OZ (XAU=X) Surge Following US Attack on Iranian General Gold prices surged on Friday following President Trump’s decision to order an airstrike that killed a powerful Iranian military leader. The preemptive action put pressure on riskier assets as Tehran vowed to avenge the death of General Qassem Soleimani. The action is likely just […]

Australian Dollar: USD/AUD (AUD=X) Forms Bearish Candle

Australian Dollar: USD/AUD (AUD=X) Forms Bearish Candle

Australian Dollar: USD/AUD (AUD=X) Forms Bearish Candle Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a correction towards 0.69. The projected upper bound is: 0.70. The projected lower bound is: 0.69. The projected closing price is: 0.69. Candlesticks A black body occurred (because prices closed lower than they opened). […]

Japanese Yen: USD/JPY (JPY=X) Safe-haven yen lifted, US dollar hits in Grim data after Qassem Soleimani strike

Japanese Yen: USD/JPY (JPY=X) Safe-haven yen lifted, US dollar hits in Grim data after Qassem Soleimani strike

Japanese Yen: USD/JPY (JPY=X) Safe-haven yen lifted, US dollar hits in Grim data after Qassem Soleimani strike Investors rushed into safe-haven assets on Friday after US airstrikes in Iraq killed a senior Iranian military official, sending the Japanese yen to a three-month high, while the US dollar index was knocked by the weakest domestic factory activity in a decade. In addition to the yen, US Treasuries, German […]

Euro: USD/EUR (EUR=X) Sinks on Rising German Joblessness

Euro: USD/EUR (EUR=X) Sinks on Rising German Joblessness

Euro: USD/EUR (EUR=X) Sinks on Rising German Joblessness The Euro US Dollar (EUR/USD) exchange rate fell by -0.3% today, with the pairing currently trading around $1.11 after December’s German Unemployment Change figure rose above forecasts to 8 thousand. Claus Vistesen, Chief Eurozone Economist at Pantheon Macroeconomics, was downbeat in his assessment, commenting: ‘A poor finish […]

British Pound: USD/GBP (GBP=X) Stats, Impeachment, and Brexit to Take a Back Seat as Iran Takes Center Stage

British Pound: USD/GBP (GBP=X) Stats, Impeachment, and Brexit to Take a Back Seat as Iran Takes Center Stage

British Pound: USD/GBP (GBP=X) Stats, Impeachment, and Brexit to Take a Back Seat as Iran Takes Center Stage On the Macro It’s a busy week ahead on the economic calendar, with 51 stats to monitor. In the previous week, just 27 stats had been in focus. Following the holiday season and lack of stats to […]

Canadian Dollar: USD/CAD (CAD=X) may be on verge of ending consolidation

Canadian Dollar: USD/CAD (CAD=X) may be on verge of ending consolidation

Canadian Dollar: USD/CAD (CAD=X) may be on verge of ending consolidation The Canadian Dollar may be on the verge of extending its advance against the US Dollar and ending prolonged consolidation since the Summer of 2019. USD/CAD took out lows from July after clearing support at 1.3017, but follow-through has been somewhat lacking. Clearing immediate […]

2020: ‘Ford v Ferrari’ Would Be Christian Bale’s 5th Oscar

2020: ‘Ford v Ferrari’ Would Be Christian Bale’s 5th Oscar

$RACE, $DIS Christian Bale has earned 4 Oscar nominations and 1 win in the last 10 yrs, and his performance as real-life racer Ken Miles in ‘Ford v Ferrari‘ is looking more and more like a ‘statuette‘ for a Best Actor this year. History has proved it is perilous to underestimate him, especially when he’s playing a […]

United States Oil (USO) market continues to see robust crude oil production from the USA, Canada, and Brazil

United States Oil (USO) market continues to see robust crude oil production from the USA, Canada, and Brazil

United States Oil (USO) market continues to see robust crude oil production from the USA, Canada, and Brazil Oil prices treaded water before settling slightly higher on the first trading day of 2020 amid concerns that U.S. crude production could rebound strongly. West Texas Intermediate, the U.S. crude benchmark, settled up 12 cents, or 0.2%, […]

Apple Inc. (NASDAQ:AAPL) shares surpassed $300 amid predictions for a robust holiday quarter

Apple Inc. (NASDAQ:AAPL) shares surpassed $300 amid predictions for a robust holiday quarter

Apple Inc. (NASDAQ:AAPL) shares surpassed $300 amid predictions for a robust holiday quarter Apple Inc. shares surpassed $300 amid predictions for a robust holiday quarter, demand for wearables such as AirPods and planned services including streaming TV. Shares of the iPhone maker rose 2.3% to close at a record $300.35, topping the $300 mark for […]

Ethereum: USD/ETH (ETH=) Price Could Surge 100% To $260, Popular Analyst Predicts

Ethereum: USD/ETH (ETH=) Price Could Surge 100% To $260, Popular Analyst Predicts

Ethereum: USD/ETH (ETH=) Price Could Surge 100% To $260, Popular Analyst Predicts Ethereum (ETH) celebrated the new year by being up 1.28%, but the second day of 2020 had erased those gains as the current price of the second most popular crypto is back from where it opened yesterday. Ethereum, which has recently been crowned […]

Tesla, Inc. (NASDAQ:TSLA) Says Will Start Delivering China-Made Model 3s to Public on Jan. 7

Tesla, Inc. (NASDAQ:TSLA) Says Will Start Delivering China-Made Model 3s to Public on Jan. 7

Tesla, Inc. (NASDAQ:TSLA) Says Will Start Delivering China-Made Model 3s to Public on Jan. 7 Tesla Inc will deliver its first China-made Model 3 sedans to the public on Jan. 7 at an event at its Shanghai plant, a representative for the firm told Reuters on Thursday. The Shanghai plant is part of the Silicon […]

Dow Jones Industrial Average (.DJI) jumps 300 points to start 2020, continuing last year’s big rally

Dow Jones Industrial Average (.DJI) jumps 300 points to start 2020, continuing last year’s big rally

Dow Jones Industrial Average (.DJI) jumps 300 points to start 2020, continuing last year’s big rally Stocks rose to all-time highs on Thursday, led by tech shares, as the strong rally in 2019 continued in the first trading day of the new year. The Dow Jones Industrial Average advanced 330.36 points, or 0.9% to 28,868.80 […]

Questions Still Linger about Alibaba Group Holding Limited (NYSE:BABA)

Questions Still Linger about Alibaba Group Holding Limited (NYSE:BABA)

Questions Still Linger about Alibaba Group Holding Limited (NYSE:BABA) For over a year-and-a-half, one of the biggest concerns for the markets and the global economy was (and technically still is) the U.S.-China trade war. One only needs to look at the price chart of Alibaba Group (NYSE:BABA) shares for confirmation. Since the beginning of October, […]