How African Deals Entangled a Billionaire Media Mogul
April 24, 2018
Investors already attach such a governance discount to Vivendi that allegations of bribery in Africa at its parent company may not add much
World Stock Markets
Malaysia Bourse Likely To Remain Under Pressure
April 24, 2018
The losing streak has hit three sessions now for the Malaysia stock market, which has surrendered more than 25 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,865-point plateau and it may take further damage on Wednesday.
Stocks Fall Sharply As Traders Turn Negative On Earnings News - U.S. Commentary
April 24, 2018
After failing to sustain an initial upward move, stocks moved sharply lower over the course of the trading session on Tuesday. With the pullback on the day, the Dow closed lower for the fifth consecutive session.
The Swiss Stock Market
April 24, 2018
The Swiss stock market began Tuesday's session in negative territory, but quickly recovered and spent much of the trading day in the green. However, the market finished the day in the red after a late sell-off.
Taking cue from U.S., Asian equities open in red
April 25, 2018
Marijuana THC Breathalyzers: How to Invest Now in This Cannabis Technology
April 24, 2018
Why Invest in Marijuana THC Breathalyzer Stocks?
Everyone knows that marijuana stocks outperformed in 2017, but few people are aware of this small, explosive niche in the cannabis market: marijuana breathalyzer stocks.
This growing trend is excellent for equities like the two companies we'll look at below. First, though, we have to consider why there is surging demand for marijuana thc breathalyzers in the first place.
The answer is, of course, public safety.
Pot smokers are notoriously casual about the risks of smoking and driving. A recent survey showed that 40% of marijuana users drove less than two hours after smoking, which is less than half the wait time.
The post Marijuana THC Breathalyzers: How to Invest Now in This Cannabis Technology appeared first on Profit Confidential.
HIGHLIGHTS: 5 Key Takeaways from Jeff Bezos’ Amazon Letter
April 24, 2018
Jeff Bezos Is the New Warren Buffett
Regular readers of Profit Confidential know that I frequently compare Jeff Bezos, CEO and founder of Amazon.com, Inc. (NASDAQ:AMZN), to legendary investor Warren Buffett.
They have the same gift—an eye for value.
Buffett used his talents to amass the greatest investing record of all time, while Bezos built an unstoppable, ever-expanding gargantuan of a company. He keeps redeploying capital into new business lines, crushing entire industries whenever he has to.
But that’s not all Bezos and Buffett have in common.
Both of them have a literary streak that’s rare in corporate boardrooms. We get a glimpse.
The post HIGHLIGHTS: 5 Key Takeaways from Jeff Bezos’ Amazon Letter appeared first on Profit Confidential.
Dollar rally slows after US stocks fall on higher yields
April 25, 2018
The spreads between U.S. yields and those of its European and Japanese counterparts have widened significantly.
World Currency Markets
NZD/USD Eyes 2018-Low as 10-Year U.S. Treasury Yield Spikes Above 3.00%
April 24, 2018
NZD/USD appears to be on course to test the 2018-low (0.7073) as it extends the series of lower highs and lows from earlier this week.
US Dollar Rallies to Three-Month Highs, Finds Resistance at 2017 Low
April 24, 2018
The US Dollar has rallied up to fresh three-month highs, and with both the ECB and BoJ on the calendar for later this week, the potential exists for more strength. The bigger question is whether this reverses the long-term down-trend that's now more than a year old.
US stocks slide as earnings and bond nerves mount
April 24, 2018
Caterpillar and Alphabet shares tumble, 10-year Treasury yield tops 3%
XE Market Analysis: Asia - Apr 24, 2018
April 24, 2018
The dollar had faded some from overnight highs at the N.Y. open on Tueday, spending much of the remainder of the session trending lower. The DXY topped at 91.07, a three-month high, during Asian hours, before touching 90.73 lows in N.Y. Wall Stree took a dive, despite generally strong earnings, with the tech sector pacing losses. The 10-year Treasury note touched the key 3.00%, also weighing on stocks. EUR-USD recovered from 1.2182 lows, topping at 1.2243, as USD-JPY fell from 109.20 highs to 108.71. USD-CAD was steady over 1.2800, while cable climber to 1.3987 highs.
Housing: the Millennial tailwind buffeted by incresing interest rate and pricing headwinds
April 24, 2018
This morning's new home sales report showed a continued positive trend in housing, but with some underlying deterioration. It remains buoyed by the demographic tailwind, but contrary interest rate and price headwinds are intensifying.
Resurgent dollar hits EM carry trade favourites
April 24, 2018
Currency’s index back above its 100-day moving average for first time this year
XE Market Analysis: North America - Apr 24, 2018
April 24, 2018
The dollar posted fresh highs versus most currencies before most pairings backpedalled to near net unchanged levels. EUR-USD posted a 10-week low at 1.2181 before a bout of broad dollar weakness in the London AM sessions lifted the pair above 1.2215. The low was seen after the release the April German Ifo business conditions index, which declined sharply to a reading of 102.1 in April from 103.3 in the previous month, adding to growing sings of a flagging economic growth momentum in the Eurozone. USD-JPY lifted for a sixth consecutive session, making a 10-week high at 108.91.
Outlook turns bullish for MCX Natural Gas
April 24, 2018
Natural gas price has been inching higher over the last few weeks. The US Natural gas futures contract on the New York Mercantile Exchange (Nymex) h
World Commodity Markets
Oil prices are stable but rising US supplies threaten market optimism
April 25, 2018
Analysts say the oil market slump that began in 2014 has now ended likely due to supply disruptions and strong demand.
Jeff Gundlach's new energy-sector trade has potential to be a gusher
April 24, 2018
Jeff Gundlach didn't choose just any oil ETF for his bet that energy stocks will outperform amid crude rally.
Gold firms after 3-day slide as dollar retreats
April 24, 2018
Gold firmed after three days of losses as the dollar retreated from an earlier three-month peak.
South Korean stocks rally on hopes N Korean economy could open up
April 24, 2018
Construction groups listed in Seoul gain in advance of key summits
US stocks slide as earnings and bond nerves mount
April 24, 2018
Caterpillar and Alphabet shares tumble, 10-year Treasury yield tops 3%
Treasuries extend sell-off while Brent oil tops $75
April 23, 2018
Rising US yields bolster dollar, Wall St gives up early gains
Trader were Largely Bullish on Energy and Precious Metals
April 23, 2018
Speculators were bullish over the energy complex in the week ended April 17. Net LENGTH for crude oil futures jumped +21 051 contracts from a week ago to 728 131. NET LENGTH of heating oil rose +8 258 contracts to 22 989 while net LENGTH for gasoline gained +4 245 contracts to 75 154. Net SHORT for natural […]
The post Trader were Largely Bullish on Energy and Precious Metals appeared first on Action Forex.
US stocks hit by profit fears and rising bond yields
April 24, 2018
Caterpillar suggests first-quarter earnings are a ‘high watermark for the year’
World Interest Rates
10-Year Bond Yield Hits 3% for First Time in Four Years
April 24, 2018
Long-term U.S. government-bond yields topped 3% for the first time since 2014, a sign investors’ confidence in the stability of economic growth is at last outpacing their fears about the longevity of the postcrisis expansion.
Near-Junk Illinois to Sell More Bonds
April 24, 2018
Illinois will add to its $25-billion debt load with a bond sale, testing whether yield-hungry investors will lend to the lowest-rated U.S. state as it grapples with ongoing political and financial issues.
US stocks slide as earnings and bond nerves mount
April 24, 2018
Caterpillar and Alphabet shares tumble, 10-year Treasury yield tops 3%
Iran nuclear deal will remain a dark cloud for the market: Charles Payne
April 24, 2018
Market selloff
Thai Bourse May Extend Losing Streak
April 25, 2018
The Thai stock market has ticked lower in back-to-back trading days, falling more than a dozen points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,790-point plateau and it may take further damage on Wednesday.
Japanese Market Declines
April 25, 2018
The Japanese stock market is declining on Wednesday, with the weak cues overnight from Wall Street and worries over rising bond yields dampening investor sentiment.
The Outlook for M&A
April 24, 2018
It's a robust period for mergers and acquisitions, says Sandra Horback, managing director of U.S. buyouts at Carlyle Group, but there's also reason to be cautious. She and other women leaders in finance discussed the outlook for deals in a panel moderated by WSJ's Jamie Heller.