American’s Dying from Drinking and Obesity is Alarming Since Y 2009, a growing number of Americans have died from liver disease and liver cancer. The increase among those 25- to 34 anni is especially troubling because the deaths are due to cirrhosis, a disease caused by excessive drinking of alcohol, the authors of a new […]
F1: Ferrari (NYSE:RACE) to Challenge MercedesAMG at the Hockenheimring Sunday $RACE The 2018 German Grand Prix will be held at the Hockenheimring on 22 July and with the way the season has shaped up so far, there could be a lot of action both at the Top and at the middle of the pack. A resurgent Ferrari […]
US Jobless Claims Lowest Since 1969 $DIA, $SPY, $QQQ, $RUTX, $VXX The number of Americans filing for unemployment benefits dropped to a more than 48.5 year low last week as the labor market strengthens further. Other data Thursday showed manufacturing activity in the mid-Atlantic region accelerated in July amid a surge in orders received by […]
UK FTSE All Share (.FTAS) Expected to Open a Little Unchanged The FTSE 100 index UKX, +0.10% rose 0.1% to close at 7,683.97, marking a third straight session in positive territory. Sterling GBPUSD, +0.0307% slumped to an intraday low of $1.2958, hitting its lowest dollar level since early September last year. A weaker pound can […]
Shanghai: SSE Composite Index (.SSEC) Extend Losing Streak The dollar retreated from a three-week high as investors cashed in on gains the currency made after U.S. Federal Reserve Chairman Jerome Powell’s two-day testimony reinforced a strong economic outlook. The trade war fears between the United States and China kept the offshore yuan to 6.7650 per […]
President Trump, “I am not thrilled with rate hikes” President Donald Trump criticized the Fed’s interest-rate increases, breaking with White House tradition of avoiding comments on monetary policy out of respect for the independence of the central bank. “I’m not thrilled,” President Trump said in expressing frustration with the Fed in an interview to be broadcast […]
Euro: USD/EUR (EUR=X) Downward Trend Having turned lower from $1.1740 earlier in the week, and then edging below the 13 July low yesterday, EUR/USD looks like it may well move below $1.16. This sustained bearish view then suggests a move back towards support around $1.15. A bullish view requires a move back above $1.1750. The […]
Singapore Dollar: USD/SGD (SGD=X) Target 1.36 Overall, the bias in prices is: Upwards. The projected upper bound is: 1.38. The projected lower bound is: 1.36. The projected closing price is: 1.37. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 6 white candles and […]
Japanese Yen: USD/JPY (JPY=X) Rally Revives Dollar bulls are taking charge of USD/JPY once again this morning, pushing the price back to the highs of the week. The USD/JPY made a bearish bounce after reaching the -27.2% Fibonacci target at 113.23 and price is now challenging the support trend line (green). A new bullish breakout could indicate […]
British Pound: USD/GBP (GBP=X) Struggling with Weak Data Data so far this week, particularly consumer price index (CPI) yesterday, has not done much to reinforce the idea that the Bank of England (BoE) will raise rates in August, impacting GBP/USD. The price is testing the area around $1.3020, the lows of yesterday’s session. Below this, […]
Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight Bids in the dollar sees the pair surrender its gains from the employment report. It was a short-lived run for buyers as the upbeat Aussie employment report saw price jump to a high of 0.7441 but ultimately failed to move any higher with the 23.6 […]
President Trump’s Foreign Policy, “So Far, So Good” Thursday, Senator Tim Scott (R:SC) characterized President Donald Trump’s foreign policy chops as “so far, so good.” In an afternoon TV interview the South Carolina Republican insisted that “we have to have confidence in the President of the United States when he says what he says.” “The […]
Singapore: STI Index (.STI) Extends Gains The Stock Exchange of Thailand closed at a one-month high, while Singapore shares marked its highest close in over three weeks on Thursday. A robust effort from United States markets overnight helped local shares bounce back from Wednesday’s flat finish to end higher yesterday. The Straits Times Index advanced […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Lower The Australian sharemarket extended yesterday’s gains in early trade but failed to capitalise on solid jobs data as the dollar and bond yields rallied. The S&P-ASX 200 index was up 0.4 per cent in morning trade after the US s&P 500 index rose 0.2 per cent last […]
GOLD 1 OZ (XAU=X) Offer a Mixed Picture Gold moved on a flat note on Thursday, feeling the pinch of muted demand from jewellers, retailers and industries. MCX Gold futures were up marginally 0.05 per cent at Rs 29,780 per 10 grams. In the international market, gold prices sank to a one-year low. Spot gold […]
SILVER 1 OZ 999 NY (XAG=X) Massive Short Positions in Silver Silver markets broke down a bit during the day again on Thursday, breaking below the $15.50 level. This is a very negative turn of events, but we are still in a major “support zone” longer term. Because of this, I think that we are […]
Hong Kong: HANG SENG INDEX (.HSI) shares drop, led by airlines China Southern Airlines and other carriers tumbled as the yuan slid to the lowest level in 12 months after the central bank lowered the reference rate amid the intensifying trade spat with the US. The Chinese currency fell as much as 0.5 per cent […]
Twitter, Inc. (NYSE:TWTR) Big Improvements are ‘Already Priced In’ Twitter has quietly been one of the best performing US stocks this year. It’s up more than 80% this year, but has flown under the radar because of the big gains from tech giants Netflix and Amazon. Macquarie Research lowered its rating on shares of Twitter […]
The NYSE Bitcoin Index (.NYXBT) Surged by 10 per cent in Less than an Hour The U.S. Patent and Trademark Office officially granted MasterCard a patent for a method of increasing the speed of cryptocurrency transactions. The price of bitcoin surged by 10 per cent in less than an hour on Tuesday, pushing the cryptocurrency’s value above […]
Facebook, Inc. (NASDAQ:FB) Trading at All-Time Highs After the giving short look at one day return of Facebook, Inc. it is observed that FB reported positive return of 1.33% in last trading session. It is a positive indicator for investor portfolio value — when the price of a stock Investor owns goes up in value. […]
Dow Jones Industrial Average (.DJI) Target 30,000 is a Real Milestone U.S. stocks were poised for a day of mild losses on Thursday, with the Dow industrials on track to pull back from a five-day rally driven partly by optimism over the U.S. economy. Traders appeared to be pausing for breath as they looked ahead […]
Alibaba Group Holding Limited (NYSE:BABA) Investing in Focus Media Alibaba is investing big bucks into offline distribution. The Chinese e-commerce giant has forked out $2.23 billion in exchange for a sizeable piece of Focus Media, a Shanghai-based company that operates outdoor digital advertising screens across China, Singapore and Hong Kong, according to a U.S. filing. […]
Alphabet Inc. (NASDAQ:GOOG) Up Despite €4.3 Billion EU Fine Google parent Alphabet (GOOG – Get Report) , (GOOGL – Get Report) rose slightly in midday trading Wednesday following news of a record $5 billion European Union fine against the company for manipulating Android mobile devices to give the Google search engine an advantage over rivals. […]
Tesla, Inc. (NASDAQ:TSLA) Keep Those Seatbelts Fastened Between 2010 and 2018, Tesla’s smart money, institutional investors and corporate investors, have easily doubled their Tesla returns unlike an average Tesla buy-and-hold investor. Many active Tesla stockholders such as hedge fund managers and short sellers did not make more money than an average Tesla investor. Presumably, Tesla […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus and a overall Bullish outlook.PE DJIA at 25199.29, +0.32% is moving to test 1st resistance at 25250. DIA looks Bullish in here with 4-sessions up. If DIA breaks above 25250, will likely continue to rally to 25600 medium term. DAX at 12765.94, […]
Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Nothing new. PE NYMEX WTI at 68.81 is up from 67, while the price trades higher, it can test at 72. But, a fall from 70 open the way to 66-65 medium term. For now while above 67, price might move higher. ICE […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY, $AUD Commentary: Nothing new. PE The US Dollar (.DXY) Index at 95.08 tested at 95.41 Wednesday and has then dipped. And can now move to the 21-Days MA at 94.67 which correspond with a rise in EUR to 1.1715. EUR (Euro) at 1.1644 saw a low of 1.1602 Wednesday. The support has held and the single […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $BMO, $BWA, $CDW, $CF, $FPI Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Thursday, as […]
Chicago Agriculture Commodities Traded Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded higher Wednesday morning, but the upward momentum boosted by declined crop ratings seemed weak. As of 1459 GMT, the most active December Corn was up 1.5C at 3.6125 bu, and Soybean contract for November delivery rose 1.25c at 8.565, while September […]
Wreck of Russian Warship Carrying $130-B in Gold Found Off SKorea A South Korean salvage team has discovered the wreck of a Russian warship that’s still carrying 200 tonnes of gold bullion and coins worth $130-B, It is thought that the battle ship, Dmitrii Donskoi, sank during the Russo-Japanese War in Y 1905, going down […]
Horse Racing in Australia is Best in World Horse racing in Australia has seen increasing prize money, improved Breeders Schemes and a strong contribution back to racing by Magic Millions and Inglis, this has combined to make Australia by far the best possible place for industry participants. The increased prize money will also have an […]
Dubai FDI, the investment development agency of the Department of Economic Development, DED, has revealed the continuing expansion of enhanced services for its “Aftercare” initiative, a quality-focussed programme aimed at attracting more foreign direct investments, FDI, into the emirate. The programme was developed by Dubai FDI as a means to further enhance the investor’s journey […]
The US Economy, ‘Nothing Succeeds Like Success’ White House economic adviser Larry Kudlow said Wednesday that “there’s no recession in sight” for the American economy and that President Donald Trump “is on the right track” with his economic agenda. “There’s no recession in sight,” Mr. Kudlow said. “The American economy is in very good shape,” […]
China will work to tackle the weak areas in its business environment to further improve overall competitiveness and sustain the sound momentum of steady economic performance, the State Council’s executive meeting chaired by Premier Li Keqiang decided on Wednesday. The Chinese government places high importance on improving the country’s business environment. Li has urged government […]
Dr Peter Bablis and Integrative Medicine In 2014 Dr Peter Bablis completed a PhD in Mind-Body Medicine publishing evidence and confirmation that emotions can be responsible for chronic lower back pain. This was his fifteenth medical publication. www.researchgate.net/profile/Peter_Bablis Dr Bablis is a unique practitioner with ongoing publications in evidence-based medical research; having a PhD, degrees […]
Japanese Yen: USD/JPY (JPY=X) Target 115.65 An increase in Japan’s appetite for risk assets overseas is having an outsized impact closer to home – on the traditional safe haven status of the yen. Accelerating demand for foreign equities by Japanese investors is one factor behind the unexpected slide in the nation’s currency, down more than […]
F1: Ferrari’s (NYSE:RACE) Vettel Vs MercedesAMG at the German Grand Prix $RACE Sunday’s German GP at Hockenheim has Ferrari (NYSE:RACE) champion Sebastian Vettel pitted against MercedesAMG in the quest for F1 supremacy. Mr. Vettel, a German, leads the drivers’ championship by 8 points after victory over Lewis Hamilton at the British Grand Prix. Mr. Hamilton […]
UK PM Theresa May’s Power Weakened Over BREXIT Former UK Foreign Secretary Boris Johnson implored fellow lawmakers not to abandon BREXIT urging them to remember the initial enthusiasm for a sharp break from the EU. UK Lawmakers confronted Prime Minister Theresa May on her plans for leaving the European Union Wednesday, with testy exchanges in […]
Just the Smell of Coffee can Boost Brain Power Coffee is touted for its many health benefits, and now new research suggests you might not even need to drink coffee to reap some of its rewards. A US study finds that just the scent of roasting and brewing Java could help give people a cognitive […]
Just Like President Trump Said The Wall Is Being Built A House spending bill would provide $5-B next year for building President Donald Trump’s proposed border Wall with Mexico. Democrats oppose financing The Trump Wall but lack the votes by themselves to block House approval of that amount. President Trump said in April that he […]
Wall Street On Track For Banner Year! $DIA, $SPY, $QQQ, $RUTX, $VXX Despite the persistence of geopolitical and economic risks, the backdrop is constructive There are more catalysts in the market and more participation. Wall Street trading desks’ revenue is on track for the best year since 2011, Q-2 earnings reports from big US banks […]
Hong Kong: HANG SENG INDEX (.HSI) Shares Down Slightly Hong Kong shares fell slightly on Wednesday, with risk appetite curbed by renewed yuan weakness. The Hang Seng index fell 0.2 percent, to 28,117.42, while the China Enterprises Index lost 0.1 percent, to 10,578.46 points. Overall, the bias in prices is: Downwards. Note: this chart shows […]
GOLD 1 OZ (XAU=X) Support at $1204 GOLD PRICES set new 12-month lows against a rising Dollar on Wednesday in London, touching $1222 per ounce as the US currency rose yet again following weaker-than-expected Eurozone and UK inflation data. Gold bears have the solid overall near-term technical advantage amid a price downtrend on the daily bar […]
SILVER 1 OZ 999 NY (XAG=X) Support at $15.00 Silver markets broke down significantly during the trading session on Tuesday, as the US dollar strengthened. This was most certainly a negative tone type of session, and of course Silver took quite a bit of selling pressure. However, I think at this point if you are patient […]
Singapore: STI Index (.STI) Slightly Extends Gains Regulators in Singapore are looking to ramp up targeted measures against financial crime, including tapping data analytics and boosting information sharing with financial institutions, said an official from the Monetary Authority of Singapore (MAS) on Wednesday morning. The Cyber Security Agency of Singapore (CSA) and the Financial Services […]
Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade The Australian Dollar reversed earlier losses during noon trading Wednesday and marched higher ahead of the June employment report, which traders will watch closely for clues about the condition of Australia’s labour market. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 49.30 […]
Australia: S&P/ASX 200 (.AXJO) Miners lead ASX Higher The Australian sharemarket rebounded from two days in the red, following a strong session for mining giant BHP Billiton. The best performing stock in the S&P/ASX 200 is Saracen Mineral Holdings Limited (ASX:SAR), rising 7.32 per cent higher to $2.20, followed by shares in Technology One Limited […]
Has the Deep State Launched World War 3 US special forces have already deployed to 133 nations in the first half of 2018, signaling a sharp increase in the Pentagon’s shadowy operations when compared to previous years, according to a new report. America’s Special Operations forces (SOF) are stationed all around the world, where they […]
Asahi Marusan Management reported this morning that Chinese e-commerce operator Pinduoduo Inc which is backed by Tencent Holdings is planning to raise up to $1.6 billion during its US IPO to bolster its fight against rival Alibaba. Pinduoduo Inc located in Shanghai, is offering 85.5 million Depositary Shares in the US with a price between […]
Obama Supports Racist South Africa and Attacks Trump Obama has been activly attacking the USA and the current President DOnald Trump while on tour supporting the racist regime in South Africa. Obama acknowledged that the new South African President Ramaphosa as “inspiring new hope” in the country, Ramaphosa has been supporting the murder of White […]
Chinese President Xi Jinping on Wednesday published a signed article titled “Working Hand in Hand for a Better Future” on Al Ittihad and The National, two mainstream newspapers in the United Arab Emirates (UAE), ahead of his state visit to the Middle East country. The following is the full text of the article: Working Hand […]
Trade War: Who is Cheating? Everyone China has accused the United States of hurting the global economy by waging trade wars. Beijing says the whole world will retaliate if Washington sticks with its aggressive trade policy. The US trade war is not just with China but with the rest of the world. By regarding the […]
Ahead of President Xi Jinping of China’s arrival in the UAE later this week, Dubai Tourism reports continued growth in visitors from China. With a robust growth of 119 percent in overnight Chinese visitors since 2014 and a YOY increase of 41.4 percent overnight Chinese visitors to Dubai from 2016 to 2017 combined with a […]
Michael McFaul is The Next Clinton Obama Scandal the Media Will Hide Russian prosecutors have named the former US ambassador in Moscow as a person of interest in an investigation – and Michael McFaul appears to be quite unnerved. He seems to think Russian President Vladimir Putin is after him. The evidence seems to point […]
China’s First Lady Peng Liyuan is accompanying President Xi Jinping of the People’s Republic of China on his official visit to the UAE, as part of a high-level delegation to deepen bilateral trade, cultural and scientific cooperation between the two countries. The first lady represents a new image of China, where the President of the […]
Cancer, Architecture and Art Designed and engineered by Foster + Partners a Cancer Centre in the UK is a triumph of Architecture and design that brings together Cancer, Architecture and Art in a setting of peace and tranquility with an almost spiritual air to the space. It was designed to offer comfort and hope to […]
MovieCoin, a leading next-generation financial technology company that is leveraging blockchain technology and cryptographic tokens to revolutionize entertainment industry financing and transactions, today announced that its first suite of innovative solutions for production companies, investors, lawyers, guilds and other stakeholders will be released this Fall. Using smart contracts, distributed ledger technology and Moviecoin Tokens—an industry-themed […]
F1: Miami Set to Vote on Hosting Grand Prix Racing $LMCA The Miami Grand Prix may take a step closer to becoming a reality next week when a meeting of the City Commission votes on the proposed 20-year contract with Liberty Media (NASDAQ:LMCA) for the race. In an earlier vote the City Commission voted to […]
CoinBene Lists Internet of People Cryptocurrency CoinBene, a global exchange that ranks among the 10 largest in the world, according to the CoinMarketCap, remains with its strategy of offering the largest number of digital assets to its customers and announces its listing on Internet of People (IoP). IoP was released to be more than a […]
Twitter and Bloomberg Take on Stocktwits Bloomberg announced today the expansion of its relationship with Twitter, launching a real-time feed of curated Twitter data, so that enterprise clients can incorporate the most financially relevant content into their trading algorithms. Built on the back of Bloomberg’s robust Natural Language Processing techniques and available through the company’s […]
Russia Off the List of Top US Treasury Note/Bill/Bond Holders Russia is no longer listed among the Top foreign holders of US government securities, according to a report released in Washington. Russia, once among the Top 10 foreign owners of Treasuries, the country’s holdings of US bills, notes and bonds in May fell to $14.9-B, […]
President Trump, “Russia will help with NKorea” Early Wednesday, US President Donald Trump said that Russia will help with NKorea and offered an enthusiastic update on the US process of negotiating with the Asian nation over nuclear weapons. His assertion on NKorea came in a series of Tweets that began with the statement that “so […]
Dow Jones Industrial Average (.DJI) No News is Good News Wall Street has risen as Federal Reserve chairman Jerome Powell’s optimistic view on the US economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter earnings season. Powell, discounting the risk that a trade war may throw a global […]
Alibaba Group Holding Limited (NYSE:BABA) This dip is a buying opportunity In mid-June, Alibaba (NYSE:BABA) was making new all-time highs above $210 as investors were focused on the company’s hyper-growth prospects through the booming Southeast Asian consumer markets. But then escalating trade tensions stung the stock. Investors stopped focusing on big growth in under-penetrated Southeast […]
Facebook, Inc. (NASDAQ:FB) Bullish Momentum To Continue Shares of Facebook Inc. (FB) (Facebook Inc 209.99 +1.33%) are up nearly tenfold over the past five years, easily outpacing the S&P 500 return of just 66 percent. Facebook, Inc. has a consensus outperform rating from 45 Wall Street analysts, and the number of shares currently sold short […]
Twitter, Inc. (NYSE:TWTR) Have Skyrocketed 135% Over the Last Year Shares of Twitter have skyrocketed 135% over the last year, which crushes the S&P 500’s 15.3% climb and also tops Amazon’s (NASDAQ:AMZN) 76%. This climb includes a nearly 50% surge over the last three months on the back of its impressive first quarter. The recent […]
Alphabet Inc. (NASDAQ:GOOG) Record-Busting Fine Looms Google will learn if it faces a record fine over its Android operating system in the coming hours. The European Commission has claimed the US tech giant’s mobile device strategy unfairly strengthened its dominance of search. The regulator can fine the firm up to 10% of its annual revenue […]
NASDAQ Composite (.IXIC) Sets Record Tech traders who spent the last few days worrying about what Netflix Inc.’s earnings would hold should’ve been thinking about something else: Jay Powell’s congressional testimony. After starting the day in the red after Netflix bombed on subscriber growth, the Nasdaq Composite Index rebounded before noon and closed at a record, along […]
Bitcoin: USD/BTC (BTC=X) Breakout! Or is it? It certainly has been a positive week for the crypto market. On Wednesday the market has continued to push higher as traders return to cryptocurrencies in their droves. The technical analysis had clearly stated that the King of Crypto had been oversold and bound for a rebound in […]
Tesla, Inc. (NASDAQ:TSLA) No more drama, please Despite a massive backlog of Model 3 reservations, Tesla is having trouble finding customers for the premium Model 3 variants that it can actually build profitably. Tesla (NASDAQ:TSLA) finally seems to be fixing its early production hiccups for the highly anticipated Model 3 sedan. The electric-car pioneer produced […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Trade worries between US and China fade, earnings the focus and a overall Bullish outlook.PE DJIA at 25119.89, +0.22% looks to test at 25250 and then to 25600 longer term. Overall near to medium term looks Bullish with a dip from 25250 before resuming the uptrend. DAX at 12661.54, +0.80% […]
Gold, Silver, Copper and Crude Oil Briefing $USO, $OIL, $GLD, $SLV, $CU Commentary: Commodities are in a downtrend and under strong Bear influence. PE Note: Crude Oil prices continue to fall on increased supply and reduced demand from China. Libyan production is rising, as is Russian output, and Saudi Arabia is pumping record volumes which is […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY, $AUD Commentary: Nothing new. PE The US Dollar (.DXY) Index at 95.01 bounced Tuesday and is now looking Bullish to 95.5, and its prior high at 95.53 is a Key mark. A a clear break there is Bullish USD. EUR (Euro) at 1.1653 moved up to 1.1745 Tuesday, but dipped before testing resistance at 1.176-1.177. A […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $BLDR, $CRL, $COST, $ILMN, $INNT Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Wednesday, as […]
Chicago Agriculture Commodities Traded Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities traded higher Tuesday, with Corn and Soybean futures rising over declined crop ratings. As of 1459 GMT, the most active December Corn was up 5c at 3.605 bu, and Soybean contract for November delivery rose 9.5c at 8.5525, while September Wheat was […]
Most Investors Pick Stock Funds as Best Long-Term Investment $SPY Investors have selected stock index or mutual funds over 5 other investments as the best for the long term results, according to the latest Wells Fargo/Gallup Investor and Retirement Optimism survey. Real estate and individual stocks are a distant second. Fully 54% of investors choose […]
Now Russian Prosecutors Want to Question US Intel Agents Russian prosecutors are pushing to question US intelligence agents and a former US Ambassador to Moscow in their investigation of an influential foe of Vladimir Putin. The general prosecutor’s office made the announcement Tuesday in the wake of President Putin’s Summit Monday with US President Donald […]
Progressive gelding Dreamforce (5g Fastnet Rock x Eskimo Queen, by Shinko King) has been knocking on the door of a stakes success and it came at Rosehill on Saturday when he scored a tenacious victory in the Listed ATC Winter Stakes. Runner-up at his previous outing when a painfully close second in the Listed ATC […]
Iceberg Dangerously Close to Greenland Village Spotted from Space An iceberg drifting very close to a remote Greenland village is so big it can be seen from space The European Space Agency released an image Tuesday showing the giant iceberg just off the coast of Innaarsuit. Dozens of village residents were evacuated to higher ground […]
China Building a Free Trade Network Amid a revival of unilateralism and protectionism across the globe, experts hail efforts to safeguard multilateralism and build an open world economy. China and the European Union (EU) on Monday agreed to jointly work to safeguard the rules-based international order, promote multilateralism and support free trade. The agreement was […]
Hillary Clinton Linked to $1.5b Money Laundering Scheme Putin has evidence of some $400 million in illegally earned profits was funneled to the Clinton campaign by associates of American-born British financier Bill Browder Russia’s prosecutor general will demand interviews with American congressmen, security services staff, and other high-profile individuals as it seeks to involve the […]
The Market is Content with Long-term Treasury Yields The 2-year US Treasury yield rose Tuesday to its highest level in almost 10 years, with the yield curve at its flattest in nearly 11 years, as Fed Chairman Jerome Powell’s upbeat remarks on the economy supported traders’ view of more rate hikes. Chairman Powell, in testimony […]
Hong Kong Horse Racing Planning a Big 2018/19 Hong Kong will stage its 2018/19 season opener at Sha Tin Racecourse on Sunday, 2 September, the first of 88 fixtures worth a record total of HK$1.22 billion. The season will consist of 47 day meetings and 41 night fixtures at Hong Kong’s two iconic tracks, Happy […]
Trump Remains Committed to North Korea U.S. President Donald Trump said Tuesday that there is “no time limit” on dismantling North Korea’s nuclear weapons program, appearing to take a step back from earlier demands for immediate denuclearization. Trump’s remarks came a month after his historic summit with Kim Jong-un, during which the North Korean leader […]
Dr Peter Bablis Takes Health and Wellness to a New Level Dr Bablis is a unique practitioner with ongoing publications in evidence-based medical research; having a PhD, degrees in Science, Chiropractic, Sports Medicine and Acupuncture, also diplomas in Naturopathy, Clinical Nutrition, Iridology, Medical Herbalism and Homeopathy, Dr Bablis continues with his auxiliary studies. Dr Peter […]
The US mainstream media’s chorus condemnation of US President Donald Trump’s summit with Russian President Vladimir Putin in Helsinki has gone so far that CNN claimed Putin had confessed to meddling in US elections. CNN Newsroom anchor Poppy Harlow made the claim on Tuesday while interviewing Marc Lotter, former press secretary for Vice President Mike […]
The Kosciuszko – The world’s richest country race The Honourable Paul Toole MP, Minister for Lands and Forestry, and Minister for Racing today announced the world’s richest country race will now be held on Everest Day at Royal Randwick, with a new $1.3 million race – The Kosciuszko. The race will be restricted to only […]
NSW Racing More Attractive than Ever Prizemoney Increases to Drive NSW Racing Forward Racing NSW has consulted widely on its new Strategic Plan and given careful consideration to the matters raised by industry participants. Accordingly, the integral objectives of the plan are defraying the costs of owners, enabling trainers to improve their cash flow and […]
F1: Ferrari (NYSE:RACE) Chose Pirelli’s Ultrasofts for the Hungarian GP $RACE Ferrari’s approach to tire choice ahead of its Key rivals for the Hungarian Grand Prix. For the Hungarian GP both MercedesAMG and Red Bull Racing are opting for 7 sets of the ultrasofts (Pirelli Purple) for each of its drivers. While Ferrari (NYSE:RACE) has given Sebastian Vettel 9 […]
Protect Your Pancreas, It is Extremely Important We should all know that our pancreas is an extremely important organ in the body because it produces the hormone insulin and secretes it into the blood stream, keeping our blood sugar in check. So, it is a Key player in the war against diabetes. “In essence, it controls […]
Fed Upbeat on US Economy, the NAS Marks Another Record High $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday the NASDAQ marked a fresh record, as the Fed Chief, Jay Powell, offered an upbeat appraisal of the US economy. The tech-rich NAS Comp gained 0.6% to 7,855.12, 30 pts above the record set on 13 July . […]
US Home-builder Sentiment Solid on Strong Demand US home-builders confidence is steady in July, as solid job gains support demand while elevated material costs pressure developers, according to a report Tuesday from the National Association of Home Builders/Wells Fargo. Highlights of Home-builder Sentiment (July) Housing Market Index unchanged from prior month at 68 (est. 68) Gauge of 6-month […]
US Industrial Production Driving Economy US industrial production increased in June, boosted by a sharp rebound in manufacturing and further gains in mining output, the latest sign of robust economic growth in Q-2. But, a strong USD and shortage of workers pose a risk to production, with factory surveys suggesting some strain in the supply […]
Japanese Yen: USD/JPY (JPY=X) Appreciation is Risk The market’s value orientation is a challenge without a clear growth catalyst. Yen appreciation is another risk. Positives include shareholder-friendly corporate behavior, solid company earnings and support from Bank of Japan stock buying. The dollar rose to 112.41 yen from 112.30 yen late Monday. After Mon.’s balance on […]
Singapore: STI Index (.STI) A key focus now: how firms are weathering trade disputes The Straits Times Index (STI) ended 6.85 points or 0.21% higher at 3239.64, taking the year-to-date performance to -4.80%. The top active stocks today were DBS, which gained 0.54%, Venture, which gained 3.53%, OCBC Bank, which declined 0.18%, UOB, which declined […]
GOLD 1 OZ (XAU=X) Prices Declining Gold has posted sharp losses in the Tuesday session. In North American trade, the spot price for one ounce of gold is $1231.77, down 0.20% on the day. On the release front, Industrial Production rebounded in June with a gain of 0.6%, after a decline of 0.1% in May. […]
Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move The Aussie underperformed in the weeks of broad US dollar strength following the FOMC and ECB mid-June meetings but so far in July it has been near the middle of the G10 pack. Weighing on AUD have been a pullback in […]
British Pound: USD/GBP (GBP=X) Expect the Pound to be Volatile The UK’s Brexit proposal would see the country effectively retaining full access to the EU single market for goods but losing access for services. It is closer to a “soft Brexit” than many had anticipated, angering some in the pro-Brexit camp. The proposal reflects the […]
Euro: USD/EUR (EUR=X) Currency-Hedged Positions Attractive for U.S.-dollar Investor The ECB’s negative interest rate policy has made yields unattractive and vulnerable to the improving growth outlook. We expect core eurozone yields to rise. We are cautious on peripherals given tight valuations, political risks in Italy and the upcoming end to the ECB’s net asset purchases. […]
Media ‘Meltdown’ Absurd Over President Trump’s Helsinki Remarks President Donald Trump averted a “2nd Cold War” Some people inside The Beltway who want it, they believe it is necessary for Russia to be the enemy Tuesday, conservative commentator Pat Buchanan,79 anni, said that President Donald Trump averted the “2nd Cold War” and slammed as “absurd” the […]