Skype: Signal2forex / Whatsapp: +79065178835
0$0.00

No products in the cart.

Day: July 13, 2018

Credit card super-users take a $330 million bite out of JP Morgan’s revenue

Savvy credit-card users have forced J.P. Morgan Chase to pony up more in rewards payments than the bank originally projected. Buried in an otherwise positive second-quarter earnings report Friday, in which the bank announced a record $8.32 billion profit, was the admission that credit-card customers were redeeming points faster than anticipated, resulting in a $330 …

Credit card super-users take a $330 million bite out of JP Morgan’s revenueRead More

In ETFs, the bigger the stock, the more money goes into it and that could be costing regular investors

Huge sums of investor cash have poured into exchange-traded funds during this past year (and during the whole bull market) with billions of dollars sitting passively in funds betting on the very largest U.S. stocks. But new research suggests this money is betting on funds with a methodology that might not offer the best returns …

In ETFs, the bigger the stock, the more money goes into it and that could be costing regular investorsRead More

Wall Street’s top economist Hyman calls Trump’s trade tactics classic ‘Art of the Deal’

Evercore ISI Chairman Ed Hyman said he believes President Donald Trump’s tough trade stance is largely bluster and doesn’t pose a major threat to the global economy. “My view is that neither China nor the United States nor NAFTA want to commit suicide,” Hyman told “Squawk on the Street” on Friday. “This is part of …

Wall Street’s top economist Hyman calls Trump’s trade tactics classic ‘Art of the Deal’Read More

Jefferies raises Facebook price target, sees revenue topping expectations

Facebook’s market leading position in the advertising market is unmatched, according to Jefferies. The firm raised its price target to $240 from $215 for Facebook shares, predicting its second-quarter sales results will be above expectations. Jefferies also reiterated its buy rating for the company. “We see continued strength from advertisers seeking the best ROI online …

Jefferies raises Facebook price target, sees revenue topping expectationsRead More

Week Ahead – China GDP Eyed amid Escalating Trade Row; Inflation Data to Dominate

China will publish second quarter growth figures next week, putting the focus on China’s economy which has been under attack by the Trump administration. Inflation numbers from Canada, Japan, New Zealand and the United Kingdom will also come under the spotlight, as well as employment reports out of Australia and the UK. It will be …

Week Ahead – China GDP Eyed amid Escalating Trade Row; Inflation Data to DominateRead More

Australia & New Zealand Weekly: Non-Mining Infrastructure Upswing Has Considerable Further Upside …

Week beginning 16 July 2018 Non-mining infrastructure upswing has considerable further upside. Australia: Westpac-MI Leading Index, RBA minutes, employment. NZ: CPI, REINZ house sales & prices. China: GDP. US: Fed Chair Powell’s semi-annual testimony to congress, retail sales. Key economic & financial forecasts. Information contained in this report current as at 13 July 2018. Non-Mining …

Australia & New Zealand Weekly: Non-Mining Infrastructure Upswing Has Considerable Further Upside …Read More

Theresa May Seeks a Compromise on Brexit, But Will the EU Listen?

The past days have been a wild ride for the British pound, with the Brexit saga receiving multiple new chapters. Key Brexiteer ministers have resigned, and while this has been interpreted as a negative in the sense that it threatens Theresa May’s position as PM and hence increases the likelihood for a no-deal Brexit, it …

Theresa May Seeks a Compromise on Brexit, But Will the EU Listen?Read More

Consumer sentiment hits six-month low on ‘darkening cloud’ of tariffs

Consumer sentiment dropped below expectations at the beginning of July to a six-month low on rising fears regarding the Trump Administration’s trade battles. Consumer sentiment fell to 97.1, according to the University of Michigan’s monthly survey of consumers. Economists expected a reading of 98.2, according to Reuters. “The darkening cloud on the horizon, however, is …

Consumer sentiment hits six-month low on ‘darkening cloud’ of tariffsRead More

Share this product!