GBP Price Outlook: Driven by Brexit and Fed Chair Powell Webinar
UK asset markets are in a limbo this week with little hard UK data to look forward to. Later in the week, the FOMC minutes and on Friday, FOMC chair Jerome…
Aug 19, 2019 11:41 UTC Read More
Trump blasts the Fed over pace of interest rate cuts
WASHINGTON – President Donald Trump blasted the Federal Reserve on Wednesday, saying the central bank was too quick to raise interest rates and too slow…
Aug 14, 2019 06:59 UTC Read More
August is typically a rough month for stocks and could be again
What's the setup for August? Likely more volatile than July. Fed Chairman Jerome Powell threw a modest curve ball at the market Wednesday when he did not…
Aug 01, 2019 06:59 UTC Read More
Stocks Open Lower As Dow Jones Stocks Goldman, J&J and JPMorgan Report
Stocks flattened into tightly mixed trade Tuesday, as earnings from Dow Jones stocks JPMorgan, Goldman Sachs and Johnson & Johnson — companies…
Jul 16, 2019 14:14 UTC Read More
Strong U.S. retail sales boost economic outlook
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from…
Jul 16, 2019 12:37 UTC Read More
US Treasury yields tick higher after strong retail sales data
U.S. government debt yields rose slightly on Tuesday after the release of stronger-than-expected economic data.
Jul 16, 2019 07:31 UTC Read More
Bitcoin And Crypto Suddenly Branded A 'National Security Issue'
Bitcoin and cryptocurrencies have been thrown into the limelight by social media giant Facebook's plans to launch its own private cryptocurrency next year, with…
Jul 16, 2019 07:00 UTC Read More
METALS-Copper takes a breather after touching 2 wk-high
Copper prices took a break from a strong rally on Tuesday after positive industrial output and investment data from top consumer China sent prices to a…
Jul 16, 2019 02:38 UTC Read More
PRECIOUS-Gold little changed; U.S. retail sales data in focus
Gold prices were little changed in early Asian trade on Tuesday as investors awaited U.S. retail sales data due later in the day for further clues on policy easing…
Jul 16, 2019 01:32 UTC Read More
Congresswomen targeted by Trump tweets urge people to ignore his bait
The message from the four Democratic congresswomen of color targeted by President Donald Trump's tweets: "Do not take the bait. " Massachusetts Rep.
Jul 15, 2019 21:58 UTC Read More
Trump signs order to make American-made goods more American
President Donald Trump signed an executive order Monday that will require federal agencies to purchase products using more American components.
Jul 15, 2019 21:42 UTC Read More
Is an 'Earnings Recession' on the Horizon?
Is the market rally justified? Corporate earnings are at the lowest level this year. We might be heading into an "earnings recession."
Jul 15, 2019 18:17 UTC Read More
Violent sex offender accused of raping elderly woman in New York
Brighton, N. Y. (WHAM) - A man registered as a violent Level 3 sex offender was arrested on rape charges in Brighton, New York. James Pascalar, 63, was…
Jul 15, 2019 17:10 UTC Read More
Feds say fake passport found in Epstein's safe
NEW YORK (AP) — Federal prosecutors say a search of Jeffrey Epstein's home safe turned up a bogus passport that listed a Saudi Arabia residence along with…
Jul 15, 2019 15:27 UTC Read More
Trump and Fed Chair in Agreement on Facebook's Cryptocurrency
While it seems U.S. President Donald Trump and the Federal Reserve are at odds when it comes to interest rate policy, it appears they are in agreement when it…
Jul 15, 2019 14:32 UTC Read More
'Carried him out in a body bag': Woman says man overdosed, died on airplane
The former California state director for the Drug Policy Alliance is calling for airlines to carry the anti-overdose drug naloxone after she says a man overdosed in…
Jul 15, 2019 13:37 UTC Read More
Good data or not, UBS still expects a half-point rate cut
Economists at UBS still anticipate a half-point cut from the Fed at the upcoming Federal Open Market Committee meeting due to end July 31, even with good...
Jul 15, 2019 12:33 UTC Read More
S&P trades near flat as Citigroup results weigh on bank stocks
Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were…
Jul 15, 2019 11:29 UTC Read More
WATCH: Why the Fed chief is concerned about Facebook's Libra
Ovex CEO Jonathan Ovadia talks to Business Day TV about the Jerome Powell's view of cryptocurrencies.
Jul 15, 2019 07:02 UTC Read More
Central banks tossing grenades rather than firing bazookas Business News
HONG KONG: Central bankers readying to fight another economic downturn are tossing hand grenades rather than firing bazookas.
Jul 15, 2019 05:20 UTC Read More
July 15, 2019 The hidden reason why Fed Chairman Powell and "systemically important" banks oppose a gold standard
By Mike Gleason web posted July 15, 2019. Chairman Jerome Powell's testimony last week was closely scrutinized not just for its economic implications but also…
Jul 15, 2019 03:06 UTC Read More
Australian dollar strengthens on encouraging Chinese data
The Australian dollar strengthened on stronger-than-expected economic data from China, which some analysts saw as signalling that moves aimed at reviving…
Jul 15, 2019 00:47 UTC Read More
AMP falls 8.8pc to all time low
AMP also announced this morning that it is unlikely to pay an interim dividend for the first half of the current year, when it this morning announced the AMP Life…
Jul 15, 2019 00:30 UTC Read More
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