EconomyWeb | Global Economic Outlook
MARKETS • Stocks
Uber Lowers Its Valuation Target
April 26, 2019
Uber ratcheted down its target valuation to a range of about $80 billion to $90 billion for its initial public offering.
World Stock Markets

Stock Market Data by Investing
The DOW JONES Index - Top 30 Blue Chip U.S. Companies
The EURO STOXX Index - Top 50 Blue Chip European Companies
Stock Market Charts by CNBC
Market Report
Exodus from loan funds stretches into sixth month
April 25, 2019
Outflows since November are now almost $26bn
An inglorious period in Japan stocks is ending
April 25, 2019
During ‘Heisei’ imperial era the market never came close to recapturing 1989 highs
Market News
Market Insight
Marijuana News Today: Pot Industry Continues to Boom in the U.S.
April 25, 2019
Marijuana News Today The marijuana news today has us celebrating the ever-growing pot market in the U.S. as it creates jobs and generates huge sales. This represents a massive opportunity for growth among pot stocks when federal U.S. marijuana legalization eventually comes. Today's look at the massive pot boom comes to us by way of The New York Times, which is in and of itself a big deal. After all, whenever the Gray Lady writes about something, you know it has largely hit the mainstream. The main thrust of the article is that the hundreds of thousands of jobs created by the marijuana sector in its current state are already a great start. (Source: ". The post Marijuana News Today: Pot Industry Continues to Boom in the U.S. appeared first on Profit Confidential.
GreenSky Inc Up 63% in 2019 and It’s Just Getting Started
April 25, 2019
Investors Finally Waking Up to GreenSky IncGreenSky Inc (NASDAQ:GSKY) has been quietly rewarding buy-and-hold investors in 2019. In November 2018, knee-jerk investors dumped their GreenSky shares after the company lowered its fourth-quarter guidance. The result: GSKY stock plunged 35%. Then a strange thing happened. In early March 2019, the company reported better-than-expected financial results and investors poured back in. Since the start of January, the software company’s share price has advanced roughly 63%, erasing all of the losses it sustained in the November bloodletting. Since we first looked at GreenSky back in. The post GreenSky Inc Up 63% in 2019 and It’s Just Getting Started appeared first on Profit Confidential.
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MARKETS • Forex
Dollar steady near two-year high, US GDP awaited
April 26, 2019
The dollar held steady close to a two-year high against its peers on Friday, supported by data showing strong U.S. capital goods orders, while a first-quarter GDP report to be released later in the global day could further reinforce bullishness.
World Currency Markets

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Euro/US Dollar - FX Spot Rate
US Dollar/Japanese Yen - FX Spot Rate
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Market Report
NZD/USD Downtrend Pauses, 3M Job Cuts Sink Dow Jones, JPY May Gain
April 25, 2019
The NZD/USD downtrend paused on resistance as dismal US initial jobless claims hurt the US Dollar. 3M job cuts sunk the Dow Jones, S&P 500 futures hint the Japanese Yen may gain.
Sterling Price Outlook: GBP/USD Bears Grind into Trend Support
April 25, 2019
Sterling is down more than 3.8% form the yearly highs with price now testing key technical support. Here are the targets & invalidation levels that matter on the GBP/USD charts.
Central Bank Weekly: BOJ and BOC Decisions, Fed and ECB Struggles
April 25, 2019
Central banks have been in the driver’s seat this week, and next won’t be any different with the Fed meeting on Wednesday.
US Dollar Index

US Dollar Currency Index
US Dollar Index Chart by CNBC
Market Analysis
XE Market Analysis: Asia - Apr 25, 2019
April 25, 2019
The Dollar retreated from near two-year highs in N.Y. on Thursday, getting a nudge to highs early following a stronger U.S. durable orders report. Gains were short lived however, as the market apparently decided to use the fresh high as a reason to book profits. The DXY fell from 98.32 to 98.03 lows by late morning. EUR-USD printed 1.1118 low, later rallying to 111.54. USD-JPY fell from 111.90 to two-week lows of 111.38, while USD-CAD dipped under 1.3490 from 1.3510 opening highs. Cable moved briefly over 1.2900 from pre-open lows of 1.2866.[EUR, USD]
XE Market Analysis: G10 Currencies Racing to the Bottom Against Strong US Dollar
April 25, 2019
OVERVIEW The Dollar Index is trading at its highest level since April of 2017 EUR/USD slides lower on soft data and growing economic uncertainty WTI crude oil settles near six-month high as the market continues to rebalance
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MARKETS • Commodity
Donald Trump's knack for getting into fights may send crude oil out of control
April 25, 2019
The White House plans to choke off oil exports from Iran without triggering a spike in prices.
World Commodity Markets

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Brent Crude - Global Benchmark Oil Price
Gold - The London Gold Fixing
Commodity Market Charts by CNBC
Market Report
Texas exports, boosted by oil, rise 3 times faster than the US increase, outshining California
April 25, 2019
Texas represented nearly 20% of all U.S. exports in the January-February period while California dipped to 11%.
Germany, Poland suspend oil imports via Russian pipeline amid contamination worries
April 25, 2019
The Druzhba pipeline can ship up to 1 million barrels per day (bpd), according to data sourced by Reuters — approximately 1% of global demand.
Chevron may have to sweeten offer for Anadarko after rival Occidental bid
April 24, 2019
Most analysts see Chevron ultimately winning the fight for Anadarko, but several say the oil major will have to pay up for the prize.
Crude Oil

Crude Oil WTI - West Texas Intermediate Crude Oil Price
Crude Oil Chart by CNNMoney
Market Analysis
Glencore under investigation by US commodities regulator
April 25, 2019
CFTC probing whether company and its subsidiaries engaged in ‘corrupt practices’
Poland halts Russia oil imports on contamination fears
April 25, 2019
Supply worries help push Brent above $75 a barrel for first time since October
Chinese group sparks oversupply fears in steel market
April 25, 2019
Concern grows as country’s biggest producer Baoshan suffers profits plunge
Market Insight
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MARKETS • Bonds
Exodus from loan funds stretches into sixth month
April 25, 2019
Outflows since November are now almost $26bn
World Interest Rates

Bond Market Data by Investing
U.S. 10 Year Bond Yield - U.S. Treasury Bond
Germany 10 Year Bond Yield - German Government Bond
Bond Market Charts by CNBC
Market Report
Merian GI to insource and revamp Total Return Bond fund
April 25, 2019
Merian Global Investors has taken back control of its £151m Total Return USD Bond fund from Janus Henderson, which 'bond king' Bill Gross managed until his February retirement.
Five key fixed income allocation calls for Q2
April 25, 2019
The outlook for fixed income in Q2 seems much more stable than compared to the beginning of the year, after a first quarter characterised by a healthy global consumer, accommodative central bank policy, progress on trade negotiations and a return of risk appetite.
Market Insight
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MARKETS • Outlook
Ford shares surge on Q1 earnings beat
April 25, 2019
Ford shares surge on Q1 earnings beat

Ford soars after earnings release

Amazon beats on Q1 earnings
April 25, 2019
Amazon beats on Q1 earnings

Amazon earnings

Why investors should watch Chevron
April 25, 2019
Why investors should watch Chevron

Ernesto’s stock picks

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MARKETS • Comment
Losses May Accelerate For Malaysia Stock Market
April 25, 2019
The Malaysia stock market on Thursday ended the two-day winning streak in which it had gathered more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just above the 1,635-point plateau and it may extend its losses on Friday.
Losing Streak May Continue For South Korea Bourse
April 25, 2019
The South Korea stock market has tracked lower in back-to-back sessions, giving away more than 30 points or 1.4 percent along the way. The KOSPI now rests just above the 2,190-point plateau and it may take further damage again on Friday.
TSX Ends Lower Again
April 25, 2019
Despite recovering from a weak start, the Canadian stock market stayed in negative territory for much of the trading session on Thursday as investors largely stayed reluctant to go long on shares amid a mixed batch of earnings reports and economic data from across the globe.
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