4 Effective Trading Indicators Every Trader Should Know
When your forex trading adventure begins, you’ll likely be met with a swarm of different methods for trading. However, most trading opportunities can be easily identified with just one of four chart indicators. Once you know how to use the...
Protectionism is short-term and we don’t like that, Brazil’s finance chief says
Even if protectionism brings some short-term gains, Brazil is against it and is instead looking to boost its trade ties across the world, the country’s finance minister told CNBC on Thursday. “Although we could even benefit from one specific situation...
JP Morgan reportedly had to oust a security chief backed by Palantir after executives found out he was spying on them
J.P. Morgan Chase reportedly ousted its “special operations” head after learning that his insider security group had started spying on the bank’s top executives. With the help of more than 100 engineers from the data mining company Palantir, Peter Cavicchia...
Payments companies look into China with caution
China is seeing a sea-change in how its consumers are making purchases. At the beginning of the year, Alipay reported that 82% of payments made on its channel in 2017 had been made using a mobile device. The company has...
Bitcoin ‘miners’ are losing money at any price below $8,600: Morgan Stanley
If bitcoin can’t recover $8,600 soon, bitcoin “miners” will likely find it unprofitable to keep creating the cryptocurrency, Morgan Stanley analysts said. Bitcoin traded slightly higher near $8,200 on Thursday, according to CoinDesk. It has struggled to recover in the...
Clorox shares drop 6% after Morgan Stanley downgrades, says consumers shifting to smaller brands
Shares of Clorox fell 6 percent on Thursday after Morgan Stanley downgraded the stock, noting the company is face strong headwinds. Dara Mohsenian, an analyst at the investment bank, cut his rating on Clorox to underweight from equal weight and...
UOB joins forces with Chinese fintech
Singapore’s UOB has become the latest bank in Asia to try to harness the runaway success of Chinese fintech players. In April, it announced a new business called Avatec, a joint venture between UOB and China’s Pintec Technology Holdings. It...
Barclays slashes first quarter GDP projection to just 1.5 percent as early-year growth hopes dim
Hopes are continuing to dim for breakout first-quarter growth, as economists scale back expectations. Barclays became the latest to capitulate, as it slashed its first quarter estimate for gross domestic product from 2.5 percent all the way to 1.5 percent....
Global trade has an issue with trust, IMF’s Lagarde says
The lack of trust among global trade partners must be fixed, Christine Lagarde, managing director of the International Monetary Fund (IMF), told CNBC on Thursday. Tensions in global trade have spiked in recent months, with the U.S. imposing new metal...
Your first trade for Thursday, April 19
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Devon Energy. Tim Seymour was a buyer of GW Pharmaceuticals. Dan Nathan was a seller of the VanEck Vectors Semiconductor ETF. Guy...
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