Japanese Yen: USD/JPY (JPY=X) mounting concerns that the trade war between the U.S. and China could persist longer and curb GDP growth more than first thought

Japanese Yen: USD/JPY (JPY=X) mounting concerns that the trade war between the U.S. and China could persist longer and curb GDP growth more than first thought

Japanese Yen: USD/JPY (JPY=X) mounting concerns that the trade war between the U.S. and China could persist longer and curb GDP growth more than first thought This week is a holiday shortened week because of a U.S. banking holiday on Monday. There are no major reports from Japan. The major report from the U.S. is […]

Euro: USD/EUR (EUR=X) trade negotiations in Brussels will be crucial to monitor

Euro: USD/EUR (EUR=X) trade negotiations in Brussels will be crucial to monitor

Euro: USD/EUR (EUR=X) trade negotiations in Brussels will be crucial to monitor The Euro will likely experience higher-than-usual volatility in the week ahead. The primary catalyst for potentially violent price action may be politically-based factors. These include the European election results and prospective candidates in the new EU parliament for positions in key regional institutions. Trade […]

British Pound: USD/GBP (GBP=X) Parliament remains deeply divided over Brexit

British Pound: USD/GBP (GBP=X) Parliament remains deeply divided over Brexit

British Pound: USD/GBP (GBP=X) Parliament remains deeply divided over Brexit The fog engulfing the Brexit remains as thick as ever. An embattled Prime Minister May announced her resignation on Friday, but her leadership has been so tenuous in recent months, that the move was viewed with more relief than surprise. Meanwhile, consumer inflation climbed to […]

Shanghai: SSE Composite Index (.SSEC) erased all its gains since Feb. 25

Shanghai: SSE Composite Index (.SSEC) erased all its gains since Feb. 25

Shanghai: SSE Composite Index (.SSEC) erased all its gains since Feb. 25 Some investors are no longer holding out hope for a trade deal soon. Jenna Barnard and John Pattulo, portfolio managers at Janus Henderson, say optimism among Chinese investors over a near-term resolution to the U.S.-China trade spat has withered in the span of […]

Australian Dollar: USD/AUD (AUD=X) investors making the necessary adjustments to the possibility of a Fed rate hike

Australian Dollar: USD/AUD (AUD=X) investors making the necessary adjustments to the possibility of a Fed rate hike

Australian Dollar: USD/AUD (AUD=X) investors making the necessary adjustments to the possibility of a Fed rate hike Fed Fund futures are currently pricing in 50% chance of a cut in September and a full 25 basis-point cut by December. Traders are also looking for another rate cut for next year. As the trade war drags […]

United States Oil (USO) prices plunge as the market prepares for a prolonged U.S.-China trade war

United States Oil (USO)  prices plunge as the market prepares for a prolonged U.S.-China trade war

United States Oil (USO) prices plunge as the market prepares for a prolonged U.S.-China trade war Oil prices tumbled nearly 6% on Thursday, extending steep losses in the previous sessions, as the market braced for a prolonged U.S.-China trade war and digested disappointing manufacturing data. Some analysts also pointed to signs that Middle East tensions […]

Dow Jones Industrial Average (.DJI) dives, Donald Trump sees the U.S. economy as his ticket to re-election and his Trump card in the China trade war

Dow Jones Industrial Average (.DJI) dives, Donald Trump sees the U.S. economy as his ticket to re-election and his Trump card in the China trade war

Dow Jones Industrial Average (.DJI) dives, Donald Trump sees the U.S. economy as his ticket to re-election and his Trump card in the China trade war The Trump economy may be the greatest in history, according to the tweeter in chief. President Donald Trump sees the U.S. economy as his ticket to re-election and his […]

Tesla, Inc. (NASDAQ:TSLA) Musk says electric car maker had more than 50,000 net new orders in the current quarter

Tesla, Inc. (NASDAQ:TSLA) Musk says electric car maker had more than 50,000 net new orders in the current quarter

Tesla, Inc. (NASDAQ:TSLA) Musk says electric car maker had more than 50,000 net new orders in the current quarter Tesla Inc. stock on Thursday rose for the first time in six sessions, boosted by a leaked email from Chief Executive Elon Musk promising record-breaking sales for the company. Tesla TSLA, +1.43% shares were up 2%, […]

Twitter, Inc. (NYSE:TWTR) Can It Rebound?

Twitter, Inc. (NYSE:TWTR) Can It Rebound?

Twitter, Inc. (NYSE:TWTR) Can It Rebound? It has been about a month since the last earnings report for Twitter ( TWTR ). Shares have lost about 1.8% in that time frame, outperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Twitter due for a breakout? Before […]

Alphabet Inc. (NASDAQ:GOOG) has had a spate of bad publicity

Alphabet Inc. (NASDAQ:GOOG) has had a spate of bad publicity

Alphabet Inc. (NASDAQ:GOOG) has had a spate of bad publicity The Big Tech backlash has just started, but it’s picking up speed. For the last two years, Facebook has been caught up in scandal after scandal, particularly about the use of its 2.4 billion users’ private data and providing a forum for hate speech and political skullduggery. The […]

Facebook, Inc. (NASDAQ:FB) short term opportunity

Facebook, Inc. (NASDAQ:FB) short term opportunity

Facebook, Inc. (NASDAQ:FB) short term opportunity Stock owners fall into two categories. There are those who are in looking to invest for the long haul. And then there are those who prefer to trade momentum, which tend to be shorter term.Today’s write-up is to examine how Facebook (NASDAQ:FB) stock now presents the opportunity for both traders and investors. There is […]

Apple Inc. (NASDAQ:AAPL) slowing iPhone sales and rising trade tensions is going to batter Apple in the near-term

Apple Inc. (NASDAQ:AAPL) slowing iPhone sales and rising trade tensions is going to batter Apple in the near-term

Apple Inc. (NASDAQ:AAPL) slowing iPhone sales and rising trade tensions is going to batter Apple in the near-term Apple’s growth prospects will continue to suffer from slowing iPhone sales and rising trade tensions between the US and China, according to a new report from UBS. However, over the long-term, prospects for the company will remain […]

The Largest Financial Firms in the World Are Ready for The Next Bitcoin: USD/BTC (BTC=X) Bull Run

The Largest Financial Firms in the World Are Ready for The Next Bitcoin: USD/BTC (BTC=X) Bull Run

The Largest Financial Firms in the World Are Ready for The Next Bitcoin: USD/BTC (BTC=X) Bull Run The last crypto hype bubble was highly publicized and showed the world just a glimpse of what potential Bitcoin and the rest of the cryptocurrency industry means for the future of money and finance. The emerging financial technology garnered […]

Alibaba Group Holding Limited (NYSE:BABA) Making Bets on China

Alibaba Group Holding Limited (NYSE:BABA) Making Bets on China

Alibaba Group Holding Limited (NYSE:BABA) Making Bets on China Chinese e-commerce giant Alibaba will integrate blockchain technology into its intellectual property system of global enterprises and brands, local news outlet Sohu reported on May 23. Ali Xizhi, the company’s director of intellectual property protection, reportedly said that Alibaba is in the process of upgrading the […]

NASDAQ Composite (.IXIC) in store for their sharpest May losses in seven years

NASDAQ Composite (.IXIC) in store for their sharpest May losses in seven years

NASDAQ Composite (.IXIC) in store for their sharpest May losses in seven years The three main U.S. stock benchmarks are in store for their sharpest May losses in seven years as Sino-American trade tensions buffet equity values on Thursday. The indexes are poised for an ugly monthly skid, with the Dow Jones Industrial Average DJIA, […]

Euro: USD/EUR (EUR=X) under pressure over a weakening Euro Zone economy

Euro: USD/EUR (EUR=X) under pressure over a weakening Euro Zone economy

Euro: USD/EUR (EUR=X) under pressure over a weakening Euro Zone economy The Euro is under pressure on Thursday due to concerns over a weakening Euro Zone economy. Earlier today, reports showed a drop in manufacturing and services data in Germany and the Euro Zone. This confirmed that the escalating trade disputes are having a negative […]

British Pound: USD/GBP (GBP=X) under extreme selling pressure

British Pound: USD/GBP (GBP=X) under extreme selling pressure

British Pound: USD/GBP (GBP=X) under extreme selling pressure GBP/USD is trading below its main SMAs suggesting a bearish bias in the short term. As the USD is slightly weaker across the board bulls are attempting a recovery above 1.2600 figure. The trend remains down and bulls would need to initially break 1.2700 to create a […]

Japanese Yen: USD/JPY (JPY=X) risk aversion continues to dominate the market

Japanese Yen: USD/JPY (JPY=X) risk aversion continues to dominate the market

Japanese Yen: USD/JPY (JPY=X) risk aversion continues to dominate the market Despite the broad-based USD strength, the USD/JPY pair is posting losses for the second straight day on Thursday as the sour market sentiment continues to help the JPY outperform its rivals. As of writing, the pair was down 0.25% on a daily basis at […]

Shanghai: SSE Composite Index (.SSEC) declined as investors worried about the ongoing trade tensions between the United States and China

Shanghai: SSE Composite Index (.SSEC) declined as investors worried about the ongoing trade tensions between the United States and China

Shanghai: SSE Composite Index (.SSEC) declined as investors worried about the ongoing trade tensions between the United States and China Asia markets declined on Thursday as investors worried about the ongoing trade tensions between the United States and China. Mainland Chinese shares slipped on the day, as the Shanghai composite declined 1.36% to about 2,852.52 […]

Alphabet Inc. (NASDAQ:GOOG) Targets Shoppers, Eyes Amazon Turf

Alphabet Inc. (NASDAQ:GOOG) Targets Shoppers, Eyes Amazon Turf

Alphabet Inc. (NASDAQ:GOOG) Targets Shoppers, Eyes Amazon Turf The company on Tuesday hosted its Google Marketing Live presentation, where it discussed new advertising products. It also unveiled a list of new products meant to attract online shoppers, encroaching on the turf of Amazon.com (AMZN). “From a competitive standpoint, new ad formats and experiences may compete […]

Alibaba Group Holding Limited (NYSE:BABA) stock now trades at less than a 50 P/E, a buy call feels like a no brainer

Alibaba Group Holding Limited (NYSE:BABA) stock now trades at less than a 50 P/E, a buy call feels like a no brainer

Alibaba Group Holding Limited (NYSE:BABA) stock now trades at less than a 50 P/E, a buy call feels like a no brainer Alibaba (NYSE:BABA) unsurprisingly beat expectations for its 2019 fiscal year. Despite overarching trade tensions that have been grabbing headlines, Alibaba stock benefits from a diversified online-driven interest that somewhat insulates it from tariffs. The […]

Dow Jones Industrial Average (.DJI) extended losses after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold

Dow Jones Industrial Average (.DJI) extended losses after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold

Dow Jones Industrial Average (.DJI) extended losses after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold The Dow and broader U.S. stock market extended losses Wednesday after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain […]

The combination of the growth of Facebook, Inc. (NASDAQ:FB) user base and its reasonable valuation could enable FB stock to reach record highs next year

The combination of the growth of Facebook, Inc. (NASDAQ:FB) user base and its reasonable valuation could enable FB stock to reach record highs next year

The combination of the growth of Facebook, Inc. (NASDAQ:FB) user base and its reasonable valuation could enable FB stock to reach record highs next year With stock markets close to their  all-time highs, the recovery of Facebook (NASDAQ:FB) stock seems to have been almost overlooked. Trading close to $190, and just off recent highs. FB […]

Bitcoin: USD/BTC (BTC=X) Rally To Be Absurd

Bitcoin: USD/BTC (BTC=X) Rally To Be Absurd

Bitcoin: USD/BTC (BTC=X) Rally To Be Absurd The sky’s the limit — that’s what Bitcoin (BTC) enthusiasts want to desperately believe anyway. As the cryptocurrency market has finally broken out of its bear market shell, rallying by over 100% since the start of 2018, many are sure that “crypto winter” is over and the next […]

United States Oil (USO) falls amid surging U.S. crude inventories and weak demand from refineries

United States Oil (USO) falls amid surging U.S. crude inventories and weak demand from refineries

United States Oil (USO) falls amid surging U.S. crude inventories and weak demand from refineries Oil prices dropped by around 1% on Thursday, extending falls from the previous session amid surging U.S. crude inventories and weak demand from refineries. Brent crude futures, the international benchmark for oil prices, were at $70.36 per barrel at 0652 […]

An all-out ban on Apple Inc. (NASDAQ:AAPL) products in China could wipe out almost 30% of Apple’s profits

An all-out ban on Apple Inc. (NASDAQ:AAPL) products in China could wipe out almost 30% of Apple’s profits

An all-out ban on Apple Inc. (NASDAQ:AAPL) products in China could wipe out almost 30% of Apple’s profits Apple’s profits would plunge by almost 30% if China enacts a total ban on the company’s products, according to Goldman Sachs. The dollar amount would be a reduction in net income by over $US15 billion annually. According […]

Tesla, Inc. (NASDAQ:TSLA) Elon Musk is cutting prices on some of the company’s older model cars

Tesla, Inc. (NASDAQ:TSLA) Elon Musk is cutting prices on some of the company’s older model cars

Tesla, Inc. (NASDAQ:TSLA) Elon Musk is cutting prices on some of the company’s older model cars Tesla’s stock is down another 6% today, the sixth consecutive session TSLA shares have fallen. It is now down 40% year-to-date. Tesla’s stock is getting hammered today because of the company’s announcement that it is cutting prices on older model […]

NASDAQ Composite (.IXIC) dipped as reports that Washington could impose restrictions on another Chinese technology company

NASDAQ Composite (.IXIC) dipped as reports that Washington could impose restrictions on another Chinese technology company

NASDAQ Composite (.IXIC) dipped as reports that Washington could impose restrictions on another Chinese technology company U.S. stocks dipped on Wednesday as reports that Washington could impose restrictions on another Chinese technology company further inflamed trade tensions between the world’s two largest economies. Fears that tit-for-tat tariffs and other retaliatory actionsby the United States and […]

Twitter, Inc. (NYSE:TWTR) showed that its efforts to improve the user experience were starting to pay off

Twitter, Inc. (NYSE:TWTR) showed that its efforts to improve the user experience were starting to pay off

Twitter, Inc. (NYSE:TWTR) showed that its efforts to improve the user experience were starting to pay off Twitter shares surged Tuesday after the company showed that its efforts to improve the user experience were starting to pay off. The key metric for Twitter TWTR, +2.96% is user growth, an area where the social-media company has […]

Japanese Yen: USD/JPY (JPY=X) Investors are keeping a close eye on the Federal Reserve meeting

Japanese Yen: USD/JPY (JPY=X) Investors are keeping a close eye on the Federal Reserve meeting

Japanese Yen: USD/JPY (JPY=X) Investors are keeping a close eye on the Federal Reserve meeting USD/JPY has posted slight losses on Wednesday. In the North American session, the pair is trading at 110.29, down 0.18% on the day. In economic news, Japan released strong numbers. Core Machinery Orders climbed 3.8%, crushing the estimate of o.0%. […]

Shanghai: SSE Composite Index (.SSEC) trade worries intensify

Shanghai: SSE Composite Index (.SSEC) trade worries intensify

Shanghai: SSE Composite Index (.SSEC) trade worries intensify China’s major stock indexes fell on Wednesday, as trade worries intensified following a report that the United States could blacklist another Chinese tech firm after banning Huawei Technologies last week. The blue-chip CSI300 index fell 0.5%, to 3,649.38, while the Shanghai Composite Index also ended down 0.5% […]

Australian Dollar: USD/AUD (AUD=X) indicators pointed lower

Australian Dollar: USD/AUD (AUD=X) indicators pointed lower

Australian Dollar: USD/AUD (AUD=X) indicators pointed lower AUD/USD has posted small losses on Wednesday. Currently, the pair is trading at 0.6875, down 0.12% on the day. On the release front, Australian indicators pointed lower. The MI Leading Index dropped 0.1%, while the Construction Index declined 1.9%, much weaker than the estimate of a 0.1% gain. […]

British Pound: USD/GBP (GBP=X) trading lower in mid-week trade amidst speculation Prime Minister Theresa May could be forced out of office over coming days

British Pound: USD/GBP (GBP=X) trading lower in mid-week trade amidst speculation Prime Minister Theresa May could be forced out of office over coming days

British Pound: USD/GBP (GBP=X) trading lower in mid-week trade amidst speculation Prime Minister Theresa May could be forced out of office over coming days The Pound is trading lower in mid-week trade amidst speculation Prime Minister Theresa May could be forced out of office over coming days. Reports suggest senior Cabinet ministers are looking to […]

Euro: USD/EUR (EUR=X) consolidating its losses above the 1.1140 level

Euro: USD/EUR (EUR=X) consolidating its losses above the 1.1140 level

Euro: USD/EUR (EUR=X) consolidating its losses above the 1.1140 level EUR/USD is trading in a bear trend below its main simple moving averages (SMAs) while it has been consolidating for the fourth consecutive day. Overall, the bias in prices is: Sideways. The projected upper bound is: 1.12. The projected lower bound is: 1.11. The projected […]

Alphabet Inc. (NASDAQ:GOOG) easing up on Huawei

Alphabet Inc. (NASDAQ:GOOG) easing up on Huawei

Alphabet Inc. (NASDAQ:GOOG) easing up on Huawei Alphabet’s (GOOGL) Google said today it plans to work with China’s Huaweiover the next 90 days, shortly after the U.S. temporarily eased some trade restrictions on the world’s second-largest smartphone maker. The move marks a sudden and dramatic turnabout for the U.S. tech conglomerate. On Sunday, Google said it […]

Tesla, Inc. (NASDAQ:TSLA) lowering the price of its two most expensive models by $2,000 to $3,000, not including tax credits

Tesla, Inc. (NASDAQ:TSLA)  lowering the price of its two most expensive models by $2,000 to $3,000, not including tax credits

Tesla, Inc. (NASDAQ:TSLA) lowering the price of its two most expensive models by $2,000 to $3,000, not including tax credits Tesla has sliced the price of its two most expensive models after several Wall Street analysts questioned the demand for its cars.  The company on Monday cut $3,000 from the price of the Model S […]

United States Oil (USO) U.S.-China trade woes weighed on energy-demand prospects

United States Oil (USO) U.S.-China trade woes weighed on energy-demand prospects

United States Oil (USO) U.S.-China trade woes weighed on energy-demand prospects U.S. prices settled lower Tuesday as U.S.-China trade woes weighed on energy-demand prospects. However, Middle East tensions provided some support for the global benchmark. West Texas Intermediate crude for June delivery CLM19, -0.13% lost 11 cents, or 0.2%, to settle at $62.99 a barrel […]

Bitcoin: USD/BTC (BTC=X) the Alternative

Bitcoin: USD/BTC (BTC=X) the Alternative

Bitcoin: USD/BTC (BTC=X) the Alternative As for what could replace the US dollar, Paul speculates that Bitcoin could be “an alternative” to government-backed fiat currencies like the dollar. The dollar by design is inflationary, losing its value each time the Federal Reserve prints more money. Whereas Bitcoin, which was designed in the wake of the […]

Dow Jones Industrial Average (.DJI) climbs nearly 200 points, Intel Outperforms

Dow Jones Industrial Average (.DJI) climbs nearly 200 points, Intel Outperforms

Dow Jones Industrial Average (.DJI) climbs nearly 200 points, Intel Outperforms Stocks closed higher on Tuesday following news that the U.S. temporarily eased restrictions on Chinese telecom giant Huawei. The Dow Jones Industrial Average rose 197.43 points to 25,877.33 as Intel outperformed. The S&P 500 gained 0.9% to end the day at 2,864.36, with the tech sector jumping 1.2%. […]

Facebook, Inc. (NASDAQ:FB) back in gear again

Facebook, Inc. (NASDAQ:FB)  back in gear again

Facebook, Inc. (NASDAQ:FB) back in gear again Facebook (NASDAQ: FB ) stock is back in gear again. Yes, it seems like old times! It’s as if the prior issues and controversies such as with privacy and security breaches have simply just gone away. The bottom line: For the year so far, the Facebook stock price […]

Amazon.com, Inc. (NASDAQ:AMZN) faces an enormous slate of shareholder proposals

Amazon.com, Inc. (NASDAQ:AMZN) faces an enormous slate of shareholder proposals

Amazon.com, Inc. (NASDAQ:AMZN) faces an enormous slate of shareholder proposals Amazon shareholders have been a remarkably tolerant bunch over the years, sitting idly by while the company plowed nearly all its revenues back into expanding the business, submitting few if any resolutions each year for the proxy ballot. This year, that could change. A lot. […]

NASDAQ Composite (.IXIC) chips and other techs staged a broad rally

NASDAQ Composite (.IXIC) chips and other techs staged a broad rally

NASDAQ Composite (.IXIC) chips and other techs staged a broad rally Chips and other techs staged a broad rally in today’s stock market, boosting the Nasdaq composite to a more than 1% gain with an hour left to go. The Nasdaq surged 1.3%, the S&P 500 rallied 1% and the Dow Jones Industrial Average advanced […]

Alibaba Group Holding Limited (NYSE:BABA) blew away the bears with fourth-quarter earnings that beat estimates handily

Alibaba Group Holding Limited (NYSE:BABA) blew away the bears with fourth-quarter earnings that beat estimates handily

Alibaba Group Holding Limited (NYSE:BABA) blew away the bears with fourth-quarter earnings that beat estimates handily Alibaba Group Holding (NASDAQ:BABA) is defying the market downturn in the best possible way, with blowout earnings. Last week, BABA stock topped out just below $180 per share, a market cap of $453 billion, after the company announced earnings. Last […]

Apple Inc. (NASDAQ:AAPL) innovation outlook a concern for investors?

Apple Inc. (NASDAQ:AAPL) innovation outlook a concern for investors?

Apple Inc. (NASDAQ:AAPL) innovation outlook a concern for investors? Since peaking at a year-high in early May, Appleshares have shed close to 14 percent of those gains – largely because of renewed U.S.-China trade tensions. On Monday, shares of the iPhone-maker closed at $183.09, far from the 2019 high of $211.75, after HSBC released a […]

Australian Dollar: USD/AUD (AUD=X) support underneath at the 0.68 level

Australian Dollar: USD/AUD (AUD=X) support underneath at the 0.68 level

Australian Dollar: USD/AUD (AUD=X) support underneath at the 0.68 level The Australian dollar fell hard during the trading session on Tuesday, breaking down to the gap, showing extreme negativity. Quite frankly at this point I would be hesitant to buy this market, at least after what we have seen over the last 24 hours or so. […]

Shanghai: SSE Composite Index (.SSEC) move lower could end this year’s bull market

Shanghai: SSE Composite Index (.SSEC) move lower could end this year’s bull market

Shanghai: SSE Composite Index (.SSEC) move lower could end this year’s bull market Just 34 points stand between a recovery in China’s stocks and the end of the bull market, according to chart watchers. The Shanghai Composite Index has twice tested the upper band of a key support channel this month in intraday trading, at […]

Euro: USD/EUR (EUR=X) remain towards the bottom of the market consensus

Euro: USD/EUR (EUR=X) remain towards the bottom of the market consensus

Euro: USD/EUR (EUR=X) remain towards the bottom of the market consensus Our forecast of a move to the EUR/USD 1.10 area on a 3 to 6 month view, remain towards the bottom of the market consensus.  While numerically 1.10 is not far away, psychologically it would represent a fairly significant move.” “One explanation for the […]

Japanese Yen: USD/JPY (JPY=X) very sensitive to risk appetite globally

Japanese Yen: USD/JPY (JPY=X) very sensitive to risk appetite globally

Japanese Yen: USD/JPY (JPY=X) very sensitive to risk appetite globally The US dollar rallied significantly during the trading session on Tuesday, as we continue to see money flowed into the US dollar overall. However, this is a bit of a wrist sensitive currency pair, so keep in mind that the pair very often will move right […]

British Pound: USD/GBP (GBP=X) May pitches new Brexit deal

British Pound: USD/GBP (GBP=X) May pitches new Brexit deal

British Pound: USD/GBP (GBP=X) May pitches new Brexit deal The British Pound is staging a relief rally on Tuesday, May 21 as markets digest the details of  Prime Minister Theresa May’s new Brexit deal. However, the currency’s move higher is not expected to extend significantly amongst a distinctly negative reaction to her latest offer from […]

NASDAQ Composite (.IXIC) Index tumbled 113.91 points (1.46 per cent) to 7,702.38, with chip companies that do business with Huawei among the hardest hit

NASDAQ Composite (.IXIC) Index tumbled 113.91 points (1.46 per cent) to 7,702.38, with chip companies that do business with Huawei among the hardest hit

NASDAQ Composite (.IXIC) Index tumbled 113.91 points (1.46 per cent) to 7,702.38, with chip companies that do business with Huawei among the hardest hit Shares of technology companies fell sharply on Monday (May 20) in down session for Wall Street after Google began to severe ties with Chinese telecom giant Huawei amid the US-China trade […]

Trade tensions could prompt Chinese consumers to shift toward local smartphone brands — whether or not Apple Inc. (NASDAQ:AAPL) is forced to raise prices

Trade tensions could prompt Chinese consumers to shift toward local smartphone brands — whether or not Apple Inc. (NASDAQ:AAPL)  is forced to raise prices

Trade tensions could prompt Chinese consumers to shift toward local smartphone brands — whether or not Apple Inc. (NASDAQ:AAPL) is forced to raise prices Apple Inc. shares are falling in Monday morning trading after HSBC warned that the smartphone giant’s issues in China aren’t going away “anytime soon.” HSBC analyst Erwan Rambourg cut his target […]

Alibaba Group Holding Limited (NYSE:BABA) beat expectations for its 2019 fiscal year

Alibaba Group Holding Limited (NYSE:BABA) beat expectations for its 2019 fiscal year

Alibaba Group Holding Limited (NYSE:BABA) beat expectations for its 2019 fiscal year Alibaba (NYSE: BABA ) unsurprisingly beat expectations for its 2019 fiscal year. Despite overarching trade tensions that have been grabbing headlines, Alibaba stock benefits from a diversified online-driven interest that somewhat insulates it from tariffs. The thing is, Alibaba’s business interests are so expansive from ecommerce […]

United States Oil (USO) rises on escalating US-Iran tensions

United States Oil (USO) rises on escalating US-Iran tensions

United States Oil (USO) rises on escalating US-Iran tensions Oil prices edged up on Tuesday on escalating tensions between the United States and Iran and on signs that producer club OPEC will continue withholding supply this year. However, gains were checked by concerns that a prolonged Sino-U.S. trade war could lead to a global economic […]

Alphabet Inc. (NASDAQ:GOOG) announcement puts future access to popular apps such as Gmail, YouTube and Chrome in doubt. Huawei founder defiant in the face of U.S. action

Alphabet Inc. (NASDAQ:GOOG) announcement puts future access to popular apps such as Gmail, YouTube and Chrome in doubt. Huawei founder defiant in the face of U.S. action

Alphabet Inc. (NASDAQ:GOOG) announcement puts future access to popular apps such as Gmail, YouTube and Chrome in doubt. Huawei founder defiant in the face of U.S. action U.S. companies began complying Monday with a White House order to curb sales to Chinese telecom giant Huawei, sending U.S. technology stocks sharply lower and signalling what’s likely […]

Dow Jones Industrial Average (.DJI) Trims Losses after Painful Nosedive

Dow Jones Industrial Average (.DJI) Trims Losses after Painful Nosedive

Dow Jones Industrial Average (.DJI) Trims Losses after Painful Nosedive All three major US stock market indices endured steep losses at the opening bell but pared them in the hours that followed. As of 3:33 pm ET, the Dow Jones Industrial Average had lost 101.05 points or 0.39%, reducing the index to 25,662.95. The S&P […]

Tesla, Inc. (NASDAQ:TSLA) shares fell as much as 7.5 per cent to a 52-week low in early morning trade

Tesla, Inc. (NASDAQ:TSLA)  shares fell as much as 7.5 per cent to a 52-week low in early morning trade

Tesla, Inc. (NASDAQ:TSLA) shares fell as much as 7.5 per cent to a 52-week low in early morning trade Tesla shares plunged below $200 for the first time in more than two years on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals in the second half of the year. In a […]

Bitcoin: USD/BTC (BTC=X) Drops to $7,800 After Surging Yesterday

Bitcoin: USD/BTC (BTC=X) Drops to $7,800 After Surging Yesterday

Bitcoin: USD/BTC (BTC=X) Drops to $7,800 After Surging Yesterday At the time of writing Bitcoin is trading down just over 1% at its current price of $7,830, down from 24-hour highs of nearly $8,300 that were set yesterday. The lower-$8,000 region has proven to be an area of resistance for the cryptocurrency, as it has tried, and […]

Australian Dollar: USD/AUD (AUD=X) RBA minutes and Lowe speech threaten AUD’s gains

Australian Dollar: USD/AUD (AUD=X) RBA minutes and Lowe speech threaten AUD’s gains

Australian Dollar: USD/AUD (AUD=X) RBA minutes and Lowe speech threaten AUD’s gains The Australian Dollar was riding high at the top of the G10 league table Monday following a surprise win for the coalition government in Sunday’s general election, although analysts are saying that gains for the Antipodean currency could prove short-lived. Australia’s Liberal Party […]

New Zealand Dollar: NZD/USD (NZD=X) downside targets are the minor bottom at .6456 and the main bottom at .6424

New Zealand Dollar: NZD/USD (NZD=X) downside targets are the minor bottom at .6456 and the main bottom at .6424

New Zealand Dollar: NZD/USD (NZD=X) downside targets are the minor bottom at .6456 and the main bottom at .6424 The main trend is down according to the weekly swing chart. The next downside targets are the minor bottom at .6456 and the main bottom at .6424. The main trend will change to up on a […]

Euro: USD/EUR (EUR=X) Exchange Rates Flounder as Political Uncertainties Come Back into Focus

Euro: USD/EUR (EUR=X) Exchange Rates Flounder as Political Uncertainties Come Back into Focus

Euro: USD/EUR (EUR=X) Exchange Rates Flounder as Political Uncertainties Come Back into Focus In recent weeks, demand for the Euro has been a little stronger. While this hasn’t been enough to help the Euro to sustain gains against a stronger US Dollar, it has limited the Euro to US Dollar exchange rate’s losses. Investors have […]

British Pound: USD/GBP (GBP=X) BoE Governor Mark Carney testifies about inflation and the economic outlook before the Treasury Committee

British Pound: USD/GBP (GBP=X) BoE Governor Mark Carney testifies about inflation and the economic outlook before the Treasury Committee

British Pound: USD/GBP (GBP=X) BoE Governor Mark Carney testifies about inflation and the economic outlook before the Treasury Committee GBP/USD is showing little movement on Monday. In the North American session, the pair is trading at 1.2740, up 0.20% on the day. The pair dropped 2.2% last week, its sharpest weekly loss since October 2017. […]

Japanese Yen: USD/JPY (JPY=X) will continue to see a lot of volatility

Japanese Yen: USD/JPY (JPY=X) will continue to see a lot of volatility

Japanese Yen: USD/JPY (JPY=X) will continue to see a lot of volatility The US dollar has gone back and forth during the trading session on Monday, as we continue to wonder what’s going to happen between the Americans and the Chinese. Ultimately, we are starting to see both of these countries verbally bash each other from […]

NASDAQ Composite (.IXIC) continuing trade tensions pulled industrial and tech shares down

NASDAQ Composite (.IXIC) continuing trade tensions pulled industrial and tech shares down

NASDAQ Composite (.IXIC) continuing trade tensions pulled industrial and tech shares down Wall Street ended lower as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years. While all three major US indexes struggled for direction for […]

Dow Jones Industrial Average (.DJI) resides beneath two nearby Fib levels

Dow Jones Industrial Average (.DJI) resides beneath two nearby Fib levels

Dow Jones Industrial Average (.DJI) resides beneath two nearby Fib levels The Dow Jones ended the week marginally lower than it closed the Friday prior. More importantly however, the Index resides beneath two nearby Fib levels – the 61.8% retracement from March to May at 25,775 and the 78.6% at 23,823. Each level will look […]

United States Oil (USO) prices up as Trump threatens Iran, OPEC mulls output cuts

United States Oil (USO) prices up as Trump threatens Iran, OPEC mulls output cuts

United States Oil (USO) prices up as Trump threatens Iran, OPEC mulls output cuts Crude oil prices jumped higher at the start of the trading week after US President Trump threatened Iran via Twitter, warning officials in Tehran that if they want a fight, that will “be the end” of the Islamic Republic. Tensions between the two countries […]

Alphabet Inc. (NASDAQ:GOOG) suspended business with Huawei that requires the transfer of hardware

Alphabet Inc. (NASDAQ:GOOG) suspended business with Huawei that requires the transfer of hardware

Alphabet Inc. (NASDAQ:GOOG) suspended business with Huawei that requires the transfer of hardware Alphabet’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday, in a blow to the Chinese technology company that the U.S. […]

Tesla, Inc. (NASDAQ:TSLA) Will Struggle in China with Tariffs

Tesla, Inc. (NASDAQ:TSLA) Will Struggle in China with Tariffs

Tesla, Inc. (NASDAQ:TSLA) Will Struggle in China with Tariffs According to an email sent out to employees by Tesla CEO Elon Musk obtained by Reuters, Musk warned the company may face a serious cash flow problem in less than ten months if it does not begin strictly controlling its expenses. Musk reportedly wrote: It is important […]

Bitcoin: USD/BTC (BTC=X) recent $8,000 break-out is massive for the cryptocurrency market

Bitcoin: USD/BTC (BTC=X) recent $8,000 break-out is massive for the cryptocurrency market

Bitcoin: USD/BTC (BTC=X) recent $8,000 break-out is massive for the cryptocurrency market\ Bitcoin and the recent $8,000 break-out is massive for the cryptocurrency market going forward. On the back of no major announcement in the past few days, and the pull-back of the previous week, the king coin won its second battle against the price […]

Amazon.com, Inc. (NASDAQ:AMZN) streaming device has had a strong start to the year

Amazon.com, Inc. (NASDAQ:AMZN) streaming device has had a strong start to the year

Amazon.com, Inc. (NASDAQ:AMZN) streaming device has had a strong start to the year Amazon ‘s (NASDAQ: AMZN) streaming device has had a strong start to the year. The company announced it reached 30 million active accounts on its Fire TV devices in January, and it’s already grown by about 4 million users so far this year. […]

Japanese Yen: USD/JPY (JPY=X) Investors will be keeping an eye on Japanese Preliminary GDP

Japanese Yen: USD/JPY (JPY=X) Investors will be keeping an eye on Japanese Preliminary GDP

Japanese Yen: USD/JPY (JPY=X) Investors will be keeping an eye on Japanese Preliminary GDP The yen hasn’t received much help from economic conditions in Japan or Bank of Japan policy, but rising tensions between the U.S. and China have bolstered the yen, which has gained 1.2% in the month of May. Risk appetite has sagged […]

Australian Dollar: USD/AUD (AUD=X) rise in the unemployment rate in April and China dashing hopes the trade spat would be ended soon

Australian Dollar: USD/AUD (AUD=X) rise in the unemployment rate in April and China dashing hopes the trade spat would be ended soon

Australian Dollar: USD/AUD (AUD=X) rise in the unemployment rate in April and China dashing hopes the trade spat would be ended soon Australia’s dollar jumped at the market open after the nation’s center-right government clung to power in a surprise election victory at the weekend. The Aussie was indicated 0.8 percent stronger in early trading at 69.26 […]

British Pound: USD/GBP (GBP=X) oversold marginally likely to continue

British Pound: USD/GBP (GBP=X) oversold marginally likely to continue

British Pound: USD/GBP (GBP=X) oversold marginally likely to continue The Pound-to-Dollar exchange rate is trading at 1.2714 at the start of the new trading week after collapsing over 2.2% in the week before. The decline came as a result of the collapse of cross-party Brexit talks which had promised to deliver a possible softer ‘customs-union’ […]

Euro: USD/EUR (EUR=X) busy week ahead

Euro: USD/EUR (EUR=X) busy week ahead

Euro: USD/EUR (EUR=X) busy week ahead It’s a particularly busy week ahead. Germany wholesale inflation and Eurozone consumer confidence numbers are due out in the early part of the week. Expect the EUR to be particularly sensitive to consumer confidence numbers. A data deluge on Thursday will be key in the week. Finalized German GDP […]

Netflix, Inc. (NASDAQ:NFLX) facing a unique new challenger in Walt Disney

Netflix, Inc. (NASDAQ:NFLX) facing a unique new challenger in Walt Disney

Netflix, Inc. (NASDAQ:NFLX) facing a unique new challenger in Walt Disney Netflix (NASDAQ: NFLX) stock has been one of the best-performing names for the past decade. Netflix stock is up more than 6,000% since 2009, and the company’s long-term growth outlook is as strong as ever. However, this year, Netflix is facing a unique new challenger in […]

Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing

Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing

Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing The Leaderboard stock is chasing a 1964.50 buy point. Shares climbed 2% to finish at 1,907.57 on the stock market today. Amazon stock found support at its 50-day moving average earlier this week. The e-commerce giant’s relative strength line, which tracks a stock’s performance vs. the S&P […]

Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock

Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock

Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock T. ROWE PRICE UNLOADS TESLA SHARES – AND IT’S NOT ALONE T. Rowe Price held just 1.7 million shares of Tesla on March 31 this year, down substantially from the […]

Dow Jones Industrial Average (.DJI) looks set for a positive open

Dow Jones Industrial Average (.DJI) looks set for a positive open

Dow Jones Industrial Average (.DJI) looks set for a positive open Global stocks traded lower across the board Thursday, although U.S. stocks look set for a positive open, as investors reacted to a series of moves by President Donald Trump, including the blacklisting of China’s Huawei Technologies from doing business with the United States, that […]

NASDAQ Composite (.IXIC) strong economic data

NASDAQ Composite (.IXIC) strong economic data

NASDAQ Composite (.IXIC) strong economic data U.S. stock indexes rose 1 percent on Thursday and were on pace to extend a two-day winning streak,lifted by better-than-expected earnings from Cisco and Walmart,and robust economic data that underscored the strength of the domestic economy. Cisco Systems Inc CSCO.O rose 6.1%, the most among the S&P and the […]

Alibaba Group Holding Limited (NYSE:BABA) earnings report highlights

Alibaba Group Holding Limited (NYSE:BABA) earnings report highlights

Alibaba Group Holding Limited (NYSE:BABA) earnings report highlights Alibaba said it expects revenue for the full fiscal year ending in March 2020 to top 500 billion yuan, which will be a 33% year-on-year increase. Net income attributable to ordinary shareholders rose to 25.83 billion yuan, from 7.56 billion yuan in the same period a year […]

United States Oil (USO) prices are delicately balanced between competing forces

United States Oil (USO) prices are delicately balanced between competing forces

United States Oil (USO) prices are delicately balanced between competing forces Oil prices have generally tracked risk appetite so far this week, dropping sharply on Monday before recovering over the last three days. Wednesday’s rally was supercharged by escalating geopolitical tensions in the Middle East; when asked whether the U.S. would go to war with […]

Apple Inc. (NASDAQ:AAPL) could eat the cost and leave iPhone prices untouched

Apple Inc. (NASDAQ:AAPL) could eat the cost and leave iPhone prices untouched

Apple Inc. (NASDAQ:AAPL) could eat the cost and leave iPhone prices untouched For more than a year, Apple Inc. avoided major damage from the U.S. trade war with China, thanks in part to a White House charm offensive by Chief Executive Officer Tim Cook. But the company now faces its first major hit — from […]

Facebook, Inc. (NASDAQ:FB) stock has too many headwinds

Facebook, Inc. (NASDAQ:FB) stock has too many headwinds

Facebook, Inc. (NASDAQ:FB) stock has too many headwinds User growth is not the end-all and be-all for Facebook (NASDAQ:FB) . Just as Snap Inc (NYSE:SNAP) didn’t crash and burn because its user growth was slipping by a few percentage points year-over-year, Facebook stock won’t rally by 30%-50% because it is is managing to increase its […]

When Will Bitcoin: USD/BTC (BTC=X) Price Correct After Biggest Rally of 2019?

When Will Bitcoin: USD/BTC (BTC=X) Price Correct After Biggest Rally of 2019?

When Will Bitcoin: USD/BTC (BTC=X) Price Correct After Biggest Rally of 2019? Starting on April 2nd, 2019, Bitcoin took off on a rocket toward $5,000 and never looked back. Since then, the first ever cryptocurrency has revived the bull market by breaking back above $6,000 without a second thought, smashing through $7,000, and reaching above […]

British Pound: USD/GBP (GBP=X) Influencing Events

British Pound: USD/GBP (GBP=X) Influencing Events

British Pound: USD/GBP (GBP=X) Influencing Events The Sterling investors wait for the BOE’s Jonathan Haskel comments over the UK’s economic conditions. Haskel’s statements might find some impact on the pair laterwards as this is the only event for GBP today. The USD-specific events have occupied mainly the primary space in the event calendar than the […]

Japanese Yen: USD/JPY (JPY=X) broken down through two major retracements of this year’s rise

Japanese Yen: USD/JPY (JPY=X) broken down through two major retracements of this year’s rise

Japanese Yen: USD/JPY (JPY=X) broken down through two major retracements of this year’s rise The Japanese Yen’s current backstory is of course fundamental, with risk aversion stemming from increased US-China trade tensions supporting what is, after all, perhaps the quintessential anti-growth currency play. The US Dollar has haven appeal too, of course, but the Japanese […]

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates

Australian Dollar: USD/AUD (AUD=X) now the most important domestic data release when it comes to the outlook for RBA policy rates In what’s fast becoming a familiar theme, the Aussie weakened against all major crosses except the British pound during the session, failing to garner any support despite a further modest improvement in investor risk […]

United States Oil (USO) risks of a slower global economy due to trade wars is acting as a counterweight on crude

United States Oil (USO)  risks of a slower global economy due to trade wars is acting as a counterweight on crude

United States Oil (USO) risks of a slower global economy due to trade wars is acting as a counterweight on crude If not for the trade war, both oil and gasoline prices could be much higher than they are now on rising tensions between the U.S. and Iran. Analysts say oil could be more than […]

A Closer Look at Facebook, Inc. (NASDAQ:FB) Stock

A Closer Look at Facebook, Inc. (NASDAQ:FB) Stock

A Closer Look at Facebook, Inc. (NASDAQ:FB) Stock Why such a cavalier attitude toward the billion-dollar fines, one might ask? Well, the quarterly results say everything. Facebook generated over $15 billion in revenue in the quarter. They grew it 26 percent year-over-year. Even adjusting for a $3 billion legal expenses (FB was smart to account […]

Alibaba Group Holding Limited (NYSE:BABA) Company forecasts fiscal 2020 revenue growth of at least 33%

Alibaba Group Holding Limited (NYSE:BABA) Company forecasts fiscal 2020 revenue growth of at least 33%

Alibaba Group Holding Limited (NYSE:BABA) Company forecasts fiscal 2020 revenue growth of at least 33% Alibaba Group Holding Ltd. posted sales and earnings that topped estimates as the Chinese e-commerce giant overhauled shopping recommendations to defy a slowing economy. Revenue climbed to 93.5 billion yuan ($13.6 billion) in the three months ended in March, about […]

Dow Jones Industrial Average (.DJI) made a sudden recovery after the Trump administration schemed to salvage the embattled U.S.-China trade deal

Dow Jones Industrial Average (.DJI) made a sudden recovery after the Trump administration schemed to salvage the embattled U.S.-China trade deal

Dow Jones Industrial Average (.DJI) made a sudden recovery after the Trump administration schemed to salvage the embattled U.S.-China trade deal The Dow and broader U.S. stock market erased early losses Wednesday amid reports that the Trump administration was planning to send an envoy to Beijing to resume high-stakes trade negotiations. DOW MAKES SURPRISE RECOVERY; S&P 500, […]

The rally in Apple Inc. (NASDAQ:AAPL) stock has faded, and rising risks should add to the pressure

The rally in Apple Inc. (NASDAQ:AAPL) stock has faded, and rising risks should add to the pressure

The rally in Apple Inc. (NASDAQ:AAPL) stock has faded, and rising risks should add to the pressure The case against Apple (NASDAQ:AAPL) is reasonably simple. Yes, Apple stock looks reasonably cheap. But given that earnings are potentially at a peak, AAPL shares shouldbe cheap. Not only that, it can still get even cheaper. It’s a case I’ve […]

NASDAQ Composite (.IXIC) reclaimed some of the ground lost

NASDAQ Composite (.IXIC) reclaimed some of the ground lost

NASDAQ Composite (.IXIC) reclaimed some of the ground lost U.S. stocks on Tuesday reclaimed some of the ground lost in the prior day’s steep sell-off, with tariff-sensitive technology stocks leading the S&P 500 and the Nasdaq higher as investors were heartened by a tonal shift in U.S.-China trade rhetoric. All three major U.S. indexes closed […]

Alphabet Inc. (NASDAQ:GOOG) Target $1300

Alphabet Inc. (NASDAQ:GOOG) Target $1300

Alphabet Inc. (NASDAQ:GOOG) Target $1300 Deutsche said Alphabet has one of the “best” ad product pipelines. “We increase our estimates and confidence in the medium-term outlook for Alphabet shares coming out of the Google Marketing Live keynote in San Francisco, where we see an accelerating pace of new ad product making us meaningfully more confident in the 2020 outlook. […]

Tesla, Inc. (NASDAQ:TSLA) waning demand threatens to shrink sales

Tesla, Inc. (NASDAQ:TSLA) waning demand threatens to shrink sales

Tesla, Inc. (NASDAQ:TSLA) waning demand threatens to shrink sales Tesla investors are having a forgettable year as the stock has made them poorer by more than 30%. The Elon Musk-led company’s stock fell to two-year lows earlier this week. But independent investment banking advisory firm Evercore ISI believes that the bloodbath isn’t done yet and […]

Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed

Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed

Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed, and it’s pretty sizable. According to the 13F data, Buffett’s company had 483,300 shares wroth of Amazon worth around $860.6 million at the end of March. While it’s a relatively big position for […]

Bitcoin: USD/BTC (BTC=X) new 2019 high for the biggest cryptocurrency

Bitcoin: USD/BTC (BTC=X) new 2019 high for the biggest cryptocurrency

Bitcoin: USD/BTC (BTC=X) new 2019 high for the biggest cryptocurrency Another day, another new high for the bitcoin price. Bitcoin is currently trading at nearly $8,300, which according to CoinMarketCap data is a new 2019 high for the biggest cryptocurrency. On Coinbase, the BTC price already attained $8,300 though it has pulled back slightly. While it’s […]

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite

Australian Dollar: USD/AUD (AUD=X) remains pressured despite a modest improvement in investor risk appetite The Australian dollar remains pressured with traders paying scant regard to a modest rebound in stocks and commodities on Tuesday. With the exception of the Japanese yen and British pound, the movements in the AUD elsewhere were negligible despite renewed confidence […]

Shanghai: SSE Composite Index (.SSEC) stocks gain

Shanghai: SSE Composite Index (.SSEC) stocks gain

Shanghai: SSE Composite Index (.SSEC) stocks gain Markets eased today as President Donald Trump called the US-China trade war “a little squabble” and tweeted that the deal would happen “much faster than people think.” The hope that China may boost the slowing economy with a fresh fiscal stimulus also pushed the markets up. China’s Shanghai Composite Index rose 1.91% […]

Japanese Yen: USD/JPY (JPY=X) posted four straight winning weeks, possible consolidation phase

Japanese Yen: USD/JPY (JPY=X) posted four straight winning weeks, possible consolidation phase

Japanese Yen: USD/JPY (JPY=X) posted four straight winning weeks, possible consolidation phase USD/JPY is almost unchanged on Wednesday. In the North American session, the pair is trading at 109.57, down 0.03% on the day. There are no major Japanese events. In the U.S., retail sales and core retail sales both missed expectations. On Thursday, the […]

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