EconomyWeb | Global Economic Outlook
MARKETS • Stocks
Nokia Uses Lawsuit to Make Apple Its Friend
May 23, 2017
The Finnish technology group has signed a novel legal settlement with Apple that involves business collaboration as well as royalties.
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
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Market Report
The Swiss Stock Market Pulled Back After Weak Performance By Index Heavyweights
May 23, 2017
The Swiss stock market ended Tuesday's session with a modest loss. The market got off to a weak start and slipped further late in the morning, before settling into a range. The weak performance of the defensive heavyweights pressured the overall market.
Major Averages Posting Modest Gains In Mid-Day Trading - U.S. Commentary
May 23, 2017
Stocks are seeing modest strength in mid-day trading on Tuesday after showing a lack of direction earlier in the session. The major averages are moving higher for the fourth straight session, largely offsetting the sell-off seen last Wednesday.
European Markets Clung To Modest Gains
May 23, 2017
The European markets got off to a positive start Tuesday, despite the news of the suspected terrorist attack at a concert in Manchester, England yesterday. Early gains began to erode in the afternoon, but the majority of the markets held on to small gains.
Market News
Market Insight
Will NFLX Stock Split in 2017?
May 23, 2017
Will NFLX Stock Split in 2017? Stock splits have become something of a rarity in the stock market these days, especially in the tech sector. For a number of reasons, large-cap companies have been reluctant to split their stocks, even though there are some that many believe would be well-served by a healthy stock split. But one of the few tech giants that hasn't shied away from a stock split is Netflix, Inc. (NASDAQ:NFLX). This has led many to question whether there will be a NFLX stock split 2017. More specifically, many are asking,. The post Will NFLX Stock Split in 2017? appeared first on Profit Confidential.
Why the Ransomware Hack Is Amazing for Cybersecurity Stocks
May 23, 2017
More Data, More Problems Cybersecurity stocks have historically underperformed, because people believed ransomware hacking would never affect them. It only happened to other people, hence spending money on cybersecurity was considered an unaffordable luxury. I think the "WannaCry" ransomware hack in 2017 may have changed that mentality, however... For those unfamiliar with the attack, it begins and ends with a crafty piece of malware known as WannaCry. WannaCry infiltrated 200,000 companies around the world, and in 150 countries no. The post Why the Ransomware Hack Is Amazing for Cybersecurity Stocks appeared first on Profit Confidential.
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MARKETS • Forex
Dollar hovers near 6-1/2 month low on US political risks
May 23, 2017
The dollar struggled to recover ground against other major currencies on Tuesday.
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
Crude Oil Prices Continue to Rise Before Key OPEC Meeting
May 23, 2017
Crude oil prices rose for a one-month high as OPEC-led producers prepared to extend a production cut scheme. Gold gains may be capped by US PMI data and upbeat Fed-speak.
Oil Prices, Sterling Fall
May 23, 2017
Oil prices were lower on Tuesday morning after U.S. President Donald Trump suggested selling half the nation’s strategic oil reserves to raise $16.5 billion.
US Dollar Index

US Dollar Currency Index
US Dollar Index Chart by CNBC

Market Analysis
XE Market Analysis: Asia - May 23, 2017
May 23, 2017
The dollar was mostly higher in N.Y. trade on Tuesday, taking the DXY off its 6-month lows of 96.80 seen on Monday, to a high of 97.35. The greenback turned a bit softer after weak U.S. new home sales, though recovered broadly into the London close. EUR-USD came from 1.1249 highs to a low of 1.1177, while USD-JPY rallied to 111.79 after printing 110.99 lows. USD-CAD reclaimed the 1.3500 handle despite higher oil prices, while cable gave back the 1.300 handle, bottoming at .12965.[EUR, USD]
XE Market Analysis: Shocks Remain After Horrific Attack in Manchester
May 23, 2017
OVERVIEW  Markets were shocked by the suicide attack in Manchester where lots of children were enjoying an Ariana Grande concert. Sterling trades toward the bottom end of its 1.15 range against the Euro. The Euro remains as the favored currency backed up by robust economic data. The US Dollar continues to trade under pressure as political risk is accompanied by signs of a weakening housing market. HIGHLIGHT
XE Market Analysis: North America - May 23, 2017
May 23, 2017
The dollar remained on softening tack, posting, for instance, a fresh six-month low versus the euro and one-month lows versus the Canadian dollar. USD-JPY remained relatively steady, chopping around 111.00. EUR-USD's trend peak is at 1.1268. A slew of data releases out of the Eurozone today included strong May German Ifo business conditions survey and solid PMI survey outcomes in preliminary May survey findings. Sterling and UK markets have been holding up reasonably well in the wake of the terrorist attack in Manchester.
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MARKETS • Commodity
Crude oil in danger of falling to $40 if Opec fails to extend output cuts
May 23, 2017
Non-Opec supply forecasts continue to be revised upwards, hitting crude oil prices.
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
US crude settles at 5-week high of $51.47 on expectation OPEC will extend output cuts
May 23, 2017
Oil prices fell on Tuesday, weighed down by Trump's plan to sell off half the country's huge oil stockpile.
Gold steady as traders lock in profits after two weeks of gains
May 23, 2017
Gold prices were steady on Tuesday despite a deadly blast at a concert in the English city of Manchester.
Noble shares plunge amid a double dose of bad news
May 23, 2017
Noble plunged nearly 32 percent before being halted on Tuesday, hit by a rating downgrade.
WTI Crude Oil

Crude Oil WTI - West Texas Intermediate Crude Oil Price
Crude Oil Chart by CNNMoney

Market Analysis
Gold: Yellow Metal Extends Its Gains In The Asian Session
May 23, 2017
The pair is expected to find support at 1254.2667, and a fall through could take it to the next support level of 1246.8333. The pair is expected to find its first resistance at 1266.4667, and a rise through could take it to the next resistance level of 1271.2333.
Silver: White Metal Reverses Its Gains In The Asian Session
May 23, 2017
The pair is expected to find support at 16.9233, and a fall through could take it to the next support level of 16.6967. The pair is expected to find its first resistance at 17.2933, and a rise through could take it to the next resistance level of 17.4367.
Crude Oil: Oil Trading On A Weaker Footing In The Morning Session, Ahead Of The API's Weekly Crude Inventories Data
May 23, 2017
The pair is expected to find support at 50.6967, and a fall through could take it to the next support level of 50.3833. The pair is expected to find its first resistance at 51.3767, and a rise through could take it to the next resistance level of 51.7433.
Market Insight
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MARKETS • Bonds
Risk parity investors reap rewards from rebalancing act
May 23, 2017
Fund strategy is designed to be perfectly-diversified and perform in all environments
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
Azerbaijan Bank Creditors Balk at Restructuring Plan
May 23, 2017
A troubled lender from Azerbaijan is shaping up to be a battleground for U.S. and European investors facing big losses on bondholdings.
Treasurys Pull Back
May 22, 2017
U.S. government bonds pulled back on Monday after the biggest weekly price gains in more than a month.
Market Insight
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MARKETS • Outlook
Blockchain consortium raises record $100m
May 23, 2017
Seven-month effort marked by tensions among banks assessing which projects to back
Market Outlook
Why stocks are unfazed by Manchester terrorist attack
May 23, 2017
Why stocks are unfazed by Manchester terrorist attack

Stocks are unfazed by terrorist attacks

Fmr. Navy SEAL on defeating ISIS, terrorism
May 23, 2017
Fmr. Navy SEAL on defeating ISIS, terrorism

Fmr. Navy SEAL on terrorist attacks

European Parliament Member on Manchester attack
May 23, 2017
European Parliament Member on Manchester attack

Manchester attack

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MARKETS • Comment
Major Averages Posting Modest Gains In Mid-Day Trading - U.S. Commentary
May 23, 2017
Stocks are seeing modest strength in mid-day trading on Tuesday after showing a lack of direction earlier in the session. The major averages are moving higher for the fourth straight session, largely offsetting the sell-off seen last Wednesday.
Stocks Showing A Lack Of Direction In Morning Trading - U.S. Commentary
May 23, 2017
After trending higher over the past few sessions, stocks are showing a lack of direction in morning trading on Tuesday. The choppy trading comes after the major averages closed higher for three straight sessions, largely offsetting the sell-off seen last Wednesday.
Market Commentary
Barron's Bounce: Berkshire Hathaway, Impinj, Everspin Technologies
May 22, 2017

Stocks moving after a mention in Barron's include Warren Buffett's investment vehicle and a pair of ascendant chipmakers.

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