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[Reuters] Trade war fears grip stocks, dollar bides time [Reuters] Drug stocks hit by Amazon health push, while tech steadies Wall Street [BloombergQ] China Shares Sink to Lowest Since March 2016 as Yuan Declines [Reuters] US oil hits $74 per barrel, jumps more than 1.5% [Reuters] Nikkei hits near 1-month low; large caps weak as […]
[BloombergQ] Stocks Erase Decline as Trump Trade Talk Softens: Markets Wrap [Reuters] Oil rises on supply disruptions and as U.S. tries to cut Iran from markets [BloombergQ] China’s Yuan Tumble Blindsides Traders, Spurs Worry Over Impact [CNBC] Trump announces his plan to crack down on foreign investment – and it’s much less harsh than expected […]
Despite the quiet price on gold: there are current serious gold buyers bidding this market. Wall Street is now automated – fewer humans & more robots. Russia didn’t need to hack Hillary – they had her password! We discuss new stewardship of monetary policy as well as the impact of automation within Wall Street. Algorithmic […]
[Reuters] Europe claws higher after China enters bear territory [BloombergQ] China Begins to Question Whether It’s Ready for a Trade War [BloombergQ] Chinese Stocks Poised to Enter Bear Market [BloombergQ] Italy’s Crunch Moment in the Bond Market [BloombergQ] Asia Junk Bond Rout Divides Veterans on $121 Billion Market [BloombergQ] Why Protectionist Rhetoric Is Roiling Markets […]
[BloombergQ] Stocks Drop on Trade Dispute; Italian Bonds Fall: Markets Wrap [Reuters] Brent oil prices drop by 2 percent as traders expect output rise after OPEC deal [BloombergQ] China’s Yuan Sinks to Five-Month Low on Worsening Trade Outlook [Reuters] Dollar falls to two-week low versus yen on renewed trade tensions [BloombergQ] U.S. Plans Curbs on […]
[Reuters] As trade war looms, China cuts some banks’ reserve requirements to boost lending [Reuters] BIS warns of trade war threat but says rates should keep rising [BloombergQ] Turkey Votes on Erdogan Future as Challengers Call Foul Play [CNBC] What’s at stake in Turkey’s elections — and why Erdogan could actually lose [Reuters] Erdogan faces […]
[BloombergQ] OPEC+ Agrees Oil-Supply Boost in Victory for Saudis, Russia [BloombergQ] U.S. Tariffs Draw New Retaliation Threat, as Russia Joins In [CNBC] Increased threat of a trade war is ramping up fears of a ‘full-blown recession’ [Reuters] European authorities will react to any U.S. auto tariff move: Le Monde [Reuters] Xi says China must lead […]
The Nasdaq Composite, Nasdaq 100, small cap Russell 2000, Value Line Arithmetic and the NYSE Arca Biotechnology were among U.S. indices trading to all-time highs during Wednesday’s session. In the real world, there is escalating risk of a destabilizing global trade war. The Shanghai Composite sank 4.4% this week to two-year lows. It was another […]
