EconomyWeb | Global Economic Outlook
MARKETS • Stocks
Stocks Edge Higher Ahead of Fed Decision
June 19, 2019
U.S. stock indexes opened higher ahead of the Federal Reserve’s highly anticipated interest-rate decision later in the day.
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
Moral Money: why investors should pay attention to ESG
June 19, 2019
FT's Gillian Tett explains a 'revolution in finance' and introduces the Moral Money newsletter
Bridging the yawning information gap on ESG investing
June 19, 2019
Introducing your guide to the investment and business revolution you can’t afford to ignore
Market News
Market Insight
Innovative Industrial Properties Inc: Cannabis REIT Continues to Impress, Stronger Gains Coming
June 19, 2019
Innovative Industrial Properties Inc Outpacing Broader MarketInnovative Industrial Properties Inc (NYSE:IIPR) is a real estate income trust (REIT) that we’ve been following for quite some time. And for good reason. It’s arguably the best equity in the cannabis sector. When we last took a look at IIPR stock just one month ago, it was already up 96% year-to-date. Despite the correction hampering U.S. marijuana stocks, IIPR has continued to soar. Since the start of 2019, Innovative Industrial Properties stock has risen by. The post Innovative Industrial Properties Inc: Cannabis REIT Continues to Impress, Stronger Gains Coming appeared first on Profit Confidential.
Marijuana Hits $1.0 Billion Revenue in U.S. State, Paves the Way for More to Come
June 19, 2019
Marijuana Revenue Soars It’s official: the first $1.0 billion has been made by a U.S. state via marijuana taxation. Colorado, the pioneer when it comes to marijuana legalization in the U.S., has now reaped more than $1.0 billion in revenue since it legalized recreational pot in 2014. The Colorado Department of Revenue announced that the combined marijuana tax, license and fee revenue reached $1.02 billion. Not to mention that marijuana sales alone have exceeded $6.56 billion. (Source: “Colorado has now made more than $1 billion from pot sales” CNN, June 14,. The post Marijuana Hits $1.0 Billion Revenue in U.S. State, Paves the Way for More to Come appeared first on Profit Confidential.
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MARKETS • Forex
Dollar dips with all eyes on the Fed
June 19, 2019
The dollar dipped against the euro on Wednesday, though remained near two-week highs as investors waited for the Federal Reserve to release a policy statement later in the day.
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
Labour Leader May Back a Second Referendum - 19 June 2019
June 19, 2019
The leader of the British Labour Party, Jeremy Corbyn, may change his position regarding Brexit and would openly push for a second referendum.
Dollar Flat, Oil Higher on Fed Expectations and New Trade Hopes - 19 June 2019
June 19, 2019
The U.S. dollar was trading mostly flat against its primary trading partners before the London open on Wednesday
EURUSD May Look Past Draghi Comments with FOMC in the Spotlight
June 19, 2019
While yesterday the Euro took a hit after ECB President Mario Draghi alluded to possible future cuts and reintroduction of QE, markets may look past them as their attention turns to the FOMC.
US Dollar Index

US Dollar Currency Index
US Dollar Index Chart by CNBC
Market Analysis
XE Market Analysis: North America - Jun 19, 2019
June 19, 2019
The Dollar has seen moderate softness against the Euro, Yen and Sterling, among other currencies, while holding net steady against the Dollar bloc units, in what has been subdued pre-Fed announcement trading in forex markets. EUR-USD nudged above 1.1200, lifting out of the 16-day low seen yesterday at 1.1181, which was the product the eyebrow-raising dovish about-turn of ECB's Draghi yesterday. USD-JPY drifted moderately lower, to levels around 108.25-35 after scaling intraday highs just above 108.60 in Tokyo trading.
XE Market Analysis: Europe - Jun 19, 2019
June 19, 2019
Narrow ranges have been prevailing among the main currencies, despite Wall Street closing strongly higher, the MSCI Asia-Pacific index hitting five-week highs, the 10-year Bund yield hitting a record low, and a the 10-year U.S. note yield printing a its lowest closing level in 21 months. USD-JPY has drifted moderately lower, to levels around 108.35 after scaling intraday highs just above 108.60 earlier in Tokyo trading. The dip reflects a pick up in demand for the Yen, which has also seen EUR-JPY and AUD-JPY drift back from intraday highs.
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MARKETS • Commodity
Agri Commodities: Soybean, soya oil, guar gum futures fall on weak demand
June 19, 2019
Guar seed contracts for July delivery moved down by Rs 17 to Rs 4,256 per 10 quintal.
World Commodity Markets

Commodity Market Data by Investing
Brent Crude - Global Benchmark Oil Price
Gold - The London Gold Fixing
Commodity Market Charts by CNBC
Market Report
If the Fed disappoints the market, investor Jack Ablin warns June's big gains will vanish
June 19, 2019
Cresset Capital's Jack Ablin believes stocks could get rattled by a decision not to cut interest rates.
Tariffs hurt the economy, but China must be held accountable, Union Pacific CEO says
June 18, 2019
Union Pacific CEO Lance Fritz tells Jim Cramer that he is optimistic about trade relations with China, Mexico, Japan, and the EU.
'Bitcoin is easily going to take out its all-time highs': Fundstrat's Tom Lee
June 18, 2019
Facebook's new Libra offering is a "validation" of cryptocurrencies and could pave the way for bitcoin to top its all-time highs of $20,000: Tom Lee.
Crude Oil

Crude Oil WTI - West Texas Intermediate Crude Oil Price
Crude Oil Chart by CNNMoney
Market Analysis
Acacia Mining hits back at Barrick over criticism of mine plans
June 19, 2019
London-listed Tanzanian group promises response to Canadian miner’s claims
Stocks rally on trade hopes and signs of fresh ECB stimulus
June 18, 2019
Donald Trump said he will have ‘extended meeting’ with Xi Jinping at G20 summit
Barrick Gold seeks bid support from Acacia investors
June 18, 2019
Canadian-listed miner says offer is only way to end bitter dispute with Tanzania
Market Insight
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MARKETS • Bonds
Hargreaves Lansdown reveals Woodford fund concerns from 2017
June 19, 2019
Investment group tells clients of unease about rise in illiquid stocks in that portfolio
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
Artemis' Ennett and Baines gears up for short-dated high yield fund launch
June 19, 2019
The latest additions to Artemis' fixed income team are set to launch their first fund, the Short-Dated Global High Yield strategy, which will be "almost identical" to the fund they ran at Kames Capital.
EU bids to kickstart low-carbon investment with green finance report
June 19, 2019
A report from the European Commission has set out criteria to define sustainable finance in a bid to protect investors from 'greenwash'.
Market Insight
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MARKETS • Outlook
Foreigners are looking for safe havens in US equities, real estate: UBS Private Wealth Manager
June 19, 2019
Foreigners are looking for safe havens in US equities, real estate: UBS Private Wealth Manager

The foreign money flowing into the U.S. economy, markets

China making active preparations for a successful meeting
June 19, 2019
China making active preparations for a successful meeting

U.S.-China trade talks

Rep. Waters asks Facebook to halt work on new cryptocurrency
June 19, 2019
Rep. Waters asks Facebook to halt work on new cryptocurrency

Rep. Waters vs. Facebook cryptocurrency

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MARKETS • Comment
U.S. Stocks Showing A Lack Of Direction As Fed Announcement Looms
June 19, 2019
With traders reluctant to make significant moves ahead of the Federal Reserve's monetary policy announcement this afternoon, stocks are showing a lack of direction in morning trading on Wednesday. The choppy trading comes on the heels of the rally seen in the previous session.
U.S. Stocks May Lack Direction Ahead Of Fed Announcement
June 19, 2019
Following the rally seen in the previous session, stocks are likely to show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures up by just 16 points.
Bay Street Likely To Open On Cautious Note
June 19, 2019
The Canadian stock market is expected to open on a cautious note on Wednesday with investors looking ahead to the U.S. Federal Reserve's monetary policy.
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