MARKETS • Stocks
Twitter, Kodak, General Motors: Stocks That Defined the Week
August 15, 2020
Here are seven major companies whose stocks moved on the week’s news.
World Stock Markets
Stock Market Data by Investing
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Market Report
Funds branded ‘ESG’ are laden with technology stocks
August 14, 2020
Campaigners say managers have overdosed on US giants such as Apple, Amazon and Microsoft
On the cusp of a record, the S&P 500 won’t budge
August 14, 2020
Flat trading in the US comes after a sell-off in Europe triggered by new travel curbs
Alibaba joins HK stocks benchmark in changing of the guard
August 14, 2020
Move reflects shift from traditional property and finance bias towards technology
Market News
Market Insight
Ciena Corporation: Up 100% Since March, This 5G Stock Needs to Be on Your Radar
August 14, 2020
Ciena Stock Up 42% in 2020 But Still Looks Cheap
Ciena Corporation (NYSE:CIEN) provides communications equipment that is critical for the deployment of 5G technology. With 5G deployment still in its infancy, CIEN stock is one of the best tech stocks to watch over the coming years.
Ciena stock has climbed 44.2% year-over-year and 42.1% year-to-date. Since the stock market bottomed in March, Ciena’s share price has advanced a frothy 100%. And the.
The post Ciena Corporation: Up 100% Since March, This 5G Stock Needs to Be on Your Radar appeared first on Profit Confidential.
Defiance 5G Next Gen Connectivity ETF: An Easy Way to Play 5G Stocks?
August 14, 2020
Want to Invest in 5G Stocks? Read This
For the most part, exchange traded funds (ETFs) are nothing exciting. An ETF typically holds a basket of stocks or commodities and it tends to track an underlying index. Therefore, owning an ETF is often considered a cost-effective way to get exposure to a collection of stocks.
For instance, if an investor wants to build a portfolio of S&P 500 companies, they can buy all 500 stocks one by one or they can simply buy an ETF that tracks the S&P 500 index.
ETFs do.
The post Defiance 5G Next Gen Connectivity ETF: An Easy Way to Play 5G Stocks? appeared first on Profit Confidential.
MARKETS • Forex
The Week Ahead: Huge week for retail earnings
August 14, 2020
CNBC's Rahel Solomon looks ahead to what are likely to be next week's top business and financial stories.
World Currency Markets
Currency Market Data by Investing
Currency Market Charts by CNBC
Market Report
Crude Oil Weekly Outlook: Crude Oil Stalls Ahead of OPEC Meeting
August 15, 2020
Upside in Crude Oil struggling ahead of OPEC meeting. Cartel likely to maintain wait and see approach.
AUD Forecast: Australian Dollar Vulnerable as Complacency Builds
August 14, 2020
The Australian Dollar has kept a bid alongside the slow-and-steady decline in volatility. Bulls may continue steering AUD price action higher, but the Aussie lies at risk of a bearish shift in mark...
Nasdaq 100 Index Falls on Consumer Sentiment Report
August 14, 2020
The University of Michigan's Consumer Sentiment report printed 72.8 on Friday morning, sending the Nasdaq 100 index lower as consumer expectations remain downbeat in the current economic landscape ...
US Dollar Index
US Dollar Index Chart by CNBC
Market Analysis
XE Market Analysis: Asia - Aug 14, 2020
August 14, 2020
The Dollar lost modest ground in N.Y. trade on Friday. though trading ranges were narrow overall. Incoming data was largely strong, though traders generally overlooked the better than expected retail sales data, and a decent production report that helped confirm the Q3 recovery scenario. Wall Street traded on either side of flat to end the week, while Treasury yields were narrowly mixed as well. EUR-USD opened at lows of 1.1807, spending the morning rallying to a 1.1851 top. USD-JPY started at near 106.70, later bottoming at 106.43, then bouncing over 106.60 into the close.
XE Market Analysis: North America - Aug 14, 2020
August 14, 2020
The main currencies have settled in narrow ranges, with the dollar consolidating above yesterday's lows after a two-day decline. The USD index (DXY) has steadied in the lower 93.0s, above yesterday's one-week low at 92.93. EUR-USD has concurrently reached a stasis near 1.1800, below Thursday's one-week peak at 1.1865. The pair has been in a strong uptrend since early May, producing last week's 27-month high at 1.1917, though upside momentum has flagged over the last two weeks.
MARKETS • Commodity
Oil prices inch lower as demand forecasts reduced, supply rises
August 14, 2020
World Commodity Markets
Commodity Market Data by Investing
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Market Report
IEA sees lower oil demand in 2020, 2021 on upsurge of coronavirus cases and stalling mobility
August 13, 2020
The IEA lowered its oil demand forecasts for 2020 and 2021 on Thursday, identifying jet fuel demand as the "major source" of weakness.
The coronavirus pandemic is debunking some long-held myths of the energy industry
August 12, 2020
"Big Oil" companies posted huge losses in the second quarter as coronavirus lockdown measures coincided with an unprecedented demand shock.
Gold prices dive amid vaccine hopes and rising Treasury yields
August 12, 2020
Gold prices tumbled further on Wednesday during Asia hours, after plunging to a record one-day low overnight on Tuesday.
Crude Oil
Crude Oil Chart by CNNMoney
Market Analysis
America will find it hard to break its frack habit
August 15, 2020
Unlike shareholders, management teams of shale oil companies have made money
Liberty House wins approval for takeover of French steel plants
August 14, 2020
Sanjeev Gupta’s conglomerate saw off a rival bid backed by Chinese investor Jingye
Oil outlook suggests the only way is up for bond yields
August 14, 2020
If debt market crumbles it might be better to own oil-related ETFs and stocks
European banks lose appetite for commodity trade financing
August 14, 2020
ABN Amro and BNP Paribas are retreating amid a series of scandals, large losses and rising regulation
Market Insight
MARKETS • Bonds
Funds branded ‘ESG’ are laden with technology stocks
August 14, 2020
Campaigners say managers have overdosed on US giants such as Apple, Amazon and Microsoft
World Interest Rates
Bond Market Data by Investing
Bond Market Charts by CNBC
Market Report
Market Insight
Papa John's CEO on COVID pandemic, Q2 sales boom, customer retention efforts
August 15, 2020
Rob Lynch, Papa John's CEO, joins Jack Hough on 'Barron's Roundtable.'
Barron's Top Three: Stock splits, retail investing revival and COVID-19 treatments
August 15, 2020
Jack Hough breaks down the most important things investors should be thinking about with Barron's markets editor Ben Levisohn, Barron's reporter Carleton English and Barron's senior writer Al Root.
MARKETS • Comment
Canadian Close Slightly Lower Following Lackluster Session
August 14, 2020
After recovering from an early move to the downside, Canadian stocks turned in a lackluster performance during trading on Friday.
U.S. Stocks Finish Choppy Trading Day Little Changed
August 14, 2020
Stocks showed a lack of direction over the course of the trading day on Friday, extending the lackluster performance seen in the previous session. The major averages spent the day bouncing back and forth across the unchanged line.
Crude Oil Prices Extend Recent Losses
August 14, 2020
Oil prices trimmed its losses on Friday despite retail sales and industrial production numbers for July continuing to point to weak recovery in China.