Trading News
Latest trends and news in the trading world.
Seeking Alpha: This May Be The Bottom For The Australian Dollar
This May Be The Bottom For The Australian DollarSeeking AlphaThe AUD/USD has rebounded from key familiar supports dating back to 2016. The currency pair has also been rallying on bad news, which is a tell-tale sign that we are staring at a market bottom. In my...
Wall Street poised for small gains after Trump’s gloomy outlook on China – Fox Business
Wall Street poised for small gains after Trump's gloomy outlook on ChinaFox BusinessTrump cautioned that trade talks could take a while and re-upped threats to impose tariffs. Read the full storyShared from Apple News
BofA warns lower Fed rates will hit net interest income growth – CNBC
BofA warns lower Fed rates will hit net interest income growthCNBCThe growth in net interest income, a main engine of the industry's profit, looks to slow to a halt in the back half of this year. Read the full storyShared from Apple News
China economy reports lowest GDP growth on record for 2nd quarter as trade war bites – South China Morning Post
China economy reports lowest GDP growth on record for 2nd quarter as trade war bitesSouth China Morning PostChina’s economic growth slowed to a record low of 6.2 per cent in the second quarter of 2019 as the shock from the protracted trade war with the United States...
This stock-market canary has keeled over – MarketWatch
This stock-market canary has keeled overMarketWatchA stock-market index of small caps is at its weakest versus the S&P 500 since the financial crisis, suggesting a liquidity problem is brewing. Read the full storyShared from Apple News
Fear is a good thing for stocks: Strategist – Yahoo Finance
Fear is a good thing for stocks: StrategistYahoo FinanceJim Paulsen says the Federal Reserve’s dovish stance should help eliminate any recession fears. Read the full storyShared from Apple News
Warning shot to world economy as Singapore slumps, China exports drop – Bloomberg
Warning shot to world economy as Singapore slumps, China exports dropBloombergAn unexpected contraction in Singapore’s economy and a slump in China’s exports sent a warning shot to the world economy as simmering trade tensions wilt business confidence and activity....
’Bad news is good news’ for the stock market right now —here’s how that could end – MarketWatch
www.marketwatch.com/story/why-the-stock-markets-bad-news-is-good-news-equation-might-not-survive-earnings-season-2019-07-09
Money: The S&P 500 just hit 3,000 for the first time. Here’s what it means for you.
The S&P 500 just hit 3,000 for the first time. Here’s what it means for you.MoneyThe Standard & Poor’s 500 passed 3,000 for the first time on Wednesday. Time to break out the champagne? Unless it’s for the U.S. Women’s National Soccer Team that led a...
Momentum plays and beaten-up groups are driving ETF returns this year – CNBC
Momentum plays and beaten-up groups are driving ETF returns this yearCNBCDespite a bumpy road riddled with trade tensions, rate hike drama and global growth fears, stocks are pacing for their best first half in 22 years and are hovering near record levels. Read the...
What to watch in Fed Chairman’s congressional testimony – The Wall Street Journal
What to watch in Fed Chairman’s congressional testimony The Wall Street JournalWill the central bank cut interest rates at its July 30-31 meeting? Powell has the opportunity to reset or ratify those expectations during his testimony on Capitol Hill. Read the full...
GLOBAL MARKETS-Stocks slide on dimming prospects for sharp U.S. rate cut – Reuters
GLOBAL MARKETS-Stocks slide on dimming prospects for sharp U.S. rate cutReuters* GRAPHIC-European stocks: * Strong U.S. payrolls temper Fed rate cut expectations * Deutsche Bank shares drop on overhaul move * Turkish lira slides on central bank shakeup (Updates to...