MARKETS • Stocks
Vanguard Bets on Robo-Only Adviser
September 20, 2019
Vanguard Group plans to launch a robo-advisory service that cuts out human financial advisers, aiming to capture younger, tech-savvy investors.
World Stock Markets
Stock Market Data by Investing
Stock Market Charts by CNBC
Market Report
‘Green-friendly’ ETFs hold shares in groups with coal operations
September 19, 2019
Investments by two State Street-run funds raise questions over fund managers’ practices
Reforms and external financing essential for frontier European states
September 19, 2019
Ukraine, Belarus and Uzbekistan still have work to do after 2014-15 economic shock
Market News
Market Insight
Great Signs That U.S. Marijuana Legalization & Pot Stock Gains Are on the Way
September 20, 2019
U.S. Marijuana Legalization Imminent
I like to call U.S. marijuana legalization the Holy Grail of the pot industry. That's because, once the U.S. passes federal legalization, we're going to see the biggest legal pot market in the world open up.
Gone will be all those pesky restrictions currently in place that bar many investors from reaping rewards from the many parts of the U.S. that are currently legally open for marijuana sales. Furthermore, states that currently disallow pot sales will be brought into the fold. It would mark a major victory, and gains would ensue for pot stocks.
The good news is that U.S. marijuana legalization is closer than ever. While we've been.
The post Great Signs That U.S. Marijuana Legalization & Pot Stock Gains Are on the Way appeared first on Profit Confidential.
Terra Tech Corp: Outlook Turns Bullish for This $0.41 Cannabis Stock
September 20, 2019
Terra Tech Corp Makes Big Investment in Itself, Shares SoarTerra Tech Corp (OTCMKTS:TRTC) started the year out strong, but, like the rest of the cannabis industry, it has been frustrating investors. By mid-March, the company had seen its share price soar 235% year-to-date. But as of this writing, TRTC stock is trading at $0.41 per share, down 27% since the start of 2019.
All is not lost though; thanks to a number of new developments, the outlook for Terra Tech stock has turned bullish.
Recently, the company announced it would be repurchasing $20.0 million worth of its own stock. This is in addition to a previously-announced repurchase of shares connected.
The post Terra Tech Corp: Outlook Turns Bullish for This $0.41 Cannabis Stock appeared first on Profit Confidential.
MARKETS • Forex
Dollar snaps two-week losing streak on global growth concerns
September 20, 2019
The U.S. dollar erased earlier losses and rose on Friday after investors cut back short positions in the greenback as concerns about slower global growth prospects and political tensions boosted its safe-haven appeal.
World Currency Markets
Currency Market Data by Investing
Currency Market Charts by CNBC
Market Report
US Dollar, London Increase Currency Market Dominance, Yuan Stagnates
September 20, 2019
The politics of the US and UK may be starkly divided but their grip on the vast, $6.6 trillion global foreign exchange trade seems as tight as ever.
NZDUSD Rate Eyes 2019 Low Ahead of RBNZ Meeting
September 20, 2019
NZDUSD approaches the 2019-low (0.6269) ahead of the RBNZ meeting, but there appears to be a divergence between price and the RSI as the oscillator holds above 30.
Australian Dollar May Fall, Yen Gains as Markets Eye Trade Talks
September 19, 2019
The Australian Dollar may approach August lows against the US Dollar after US-China trade comments fueled volatility in financial markets. The Japanese Yen may look past CPI data.
US Dollar Index
US Dollar Index Chart by CNBC
Market Analysis
XE Market Analysis: Asia - Sep 19, 2019
September 19, 2019
The Dollar headed higher in N.Y. morning trade on Thursday, guided by decent incoming U.S. data. The DXY bottomed at 98.25 at the open, making its way to 98.42 after the London close. From there it was downhill, as GBP-USD and EUR-USD rallied following a report that EU commission president Junker said he thought a Brexit deal could be done by the end of October. Cable popped to 2-month highs over 1.2550 on the news, up from early lows near 1.2460. EUR-USD based at 1.1039, later making its way to 1.1062. USD-JPY topped at 108.08 after the U.S.
XE Market Analysis: Doves, Bears, and Bulls: The FOMC Keeps the Market Guessing
September 19, 2019
OVERVIEW
FOMC executives were divided in this week's meetings as to whether further interest rate cuts this year are justified. They did manage to pass a quarter-point reduction, however.
Hong Kong's central bank followed the Fed's lead with a quarter-point interest rate reduction.
Japan and Switzerland's central banks are holding their interest rates.
HIGHLIGHT
MARKETS • Commodity
World Commodity Markets
Commodity Market Data by Investing
Commodity Market Charts by CNBC
Market Report
Chinese trade negotiators plan to visit US farm country after Washington talks
September 19, 2019
The move could bring a welcome salve to farmers caught in the crosshairs of the trade war if it results in a reopening of the market.
Agco CEO explains how his agricultural company has avoided big losses from US-China trade war
September 18, 2019
"We always wanted to be globally diverse," AGCO CEO Martin Richenhagen tells Jim Cramer in a "Mad Money" interview.
Saudi Arabia's pledge to quickly restore crude production has triggered a repricing of oil
September 18, 2019
Saudi Arabia's pledge to fully restore crude production by the end of the month has prompted many to reconsider their price projections.
Crude Oil
Crude Oil Chart by CNNMoney
Market Analysis
Brent crude continues its rocky ride
September 20, 2019
Oil price rise follows drone attacks on Saudi Arabia
US Oil Inventory Climbed Higher Across the Board, After Weeks of Withdrawal
September 19, 2019
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks sank -3.14 mmb to 1295.96 mmb in the week ended September 13. Crude oil inventory added 1.06 mmb to 417.13 mmb (consensus: -2.5 mmb). Inventories decreased in 4 out of 5 PADDs. Cushing stock dropped […]
The post US Oil Inventory Climbed Higher Across the Board, After Weeks of Withdrawal appeared first on Action Forex.
Miners must earn this trust through action
September 19, 2019
Clearer rules will help bring about safer tailings dams
Market Insight
MARKETS • Bonds
Investors flocked to equities ahead of Fed rate cut
September 19, 2019
Weekly inflows to US equity funds the highest in six months
World Interest Rates
Bond Market Data by Investing
Bond Market Charts by CNBC
Market Report
Rathbones' Coombs takes risk to lowest level in Strategic Growth
September 17, 2019
Rathbones' David Coombs has taken risk within the Multi-Asset Strategic Growth Portfolio to its lowest level since launch, and recently approached the board about raising the fund's limit for investing in liquid assets on the back of the German government bond market dropping into negative territory for the first time ever at the start of August.
Fidelity launches sustainable family of funds range
September 16, 2019
Fidelity International has announced the launch of a new range of five funds with an environmental, social and governance (ESG) framework.
Market Insight
USMCA will be a catastrophe for America if it doesn't get passed: Navarro
September 20, 2019
Peter Navarro with Maria
Stephen Schwarzman not concerned about recession fears
September 19, 2019
Stephen Schwarzman on recession fears
MARKETS • Comment
Malaysia Stock Market Expected To Remain Rangebound
September 19, 2019
The Malaysia stock market has moved lower in two straight sessions, slipping more than 8 points or 0.5 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,595-point plateau and it may be stuck in neutral on Friday.
South Korea Stock Market May Hit Resistance At 2,100 Points
September 19, 2019
The South Korea stock market climbed higher in 10 straight sessions, accelerating almost 110 points or 5.6 percent along the way. The KOSPI now rests just above the 2,080-point plateau although it may run out of steam on Friday.
Gold Stocks Rally, Lift TSX To New Closing High
September 19, 2019
The Canadian stock market ended higher on Thursday, rebounding from previous session's weakness, thanks to some upbeat economic data from the U.S. and Canada and easing worries about trade.