Skype: Signal2forex / Whatsapp: +79065178835
0$0.00

No products in the cart.

Day: August 10, 2018

Turkey: Erdogan Chooses the Confrontation Path – TRY Collapses

The Turkish lira hit an all-time low as USD/TRY jumped almost 23.4% today following a speech by the President Recep Tayyip Erdoğan, where he spooked investors by choosing to continue his path of confrontation with the US and calling for Turks to hand in their US dollar and gold holdings. Shortly after, TRY’s turmoil deepened …

Turkey: Erdogan Chooses the Confrontation Path – TRY CollapsesRead More

Argentina: Caputo bows to the might of the IMF

COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT PERMISSION OF THE PUBLISHER: CHUNT@EUROMONEY.COM By: Published on: Monday, October 08, 2018 The resignation letter of Luis Caputo, until September 25 the president of Argentina’s central bank, is effectively the IMF’s receipt for the purchase of the country’s monetary policy. And with a price tag of $57 billion, the …

Argentina: Caputo bows to the might of the IMFRead More

Workers see their paychecks get smaller as inflation continues to rise

While the rest of the economy pointed higher in July, American workers took a step backwards. Hourly and weekly earnings languished when factoring in the rise in cost of living, according to figures the Labor Department released Friday. Average weekly earnings actually decreased 0.2 percent over the one-month period and increased only fractionally from the …

Workers see their paychecks get smaller as inflation continues to riseRead More

Australia & New Zealand Weekly: RBA Lowers Inflation Forecasts to Reflect “One-off” Effects

Week beginning 13 August 2018 RBA lowers inflation forecasts to reflect “one-off” effects. RBA: RBA Governor Lowe Semiannual Testimony, Assistant Governor Ellis speaks. Australia: Westpac-MI Consumer Sentiment, wage price index, employment, NAB business survey. NZ: REINZ house prices and sales. China: retail sales, fixed asset investment, industrial production. US: retail sales. Key economic & financial …

Australia & New Zealand Weekly: RBA Lowers Inflation Forecasts to Reflect “One-off” EffectsRead More

Week Ahead – Pound Looks to UK Data to Halt Slide; US Retail Sales and Aussie Jobs Coming Up Too

Economic releases will heat up in the coming week with monthly data on inflation, employment and retail sales certain to keep some traders busy as many head off for their summer holidays. Central bank meetings will take a backseat, though the week will not be totally absent of policy announcements as the Norges Bank meets …

Week Ahead – Pound Looks to UK Data to Halt Slide; US Retail Sales and Aussie Jobs Coming Up TooRead More

There are big doubts about how Musk will pull off the Tesla buyout, but Morgan Stanley may have found a way

Morgan Stanley is telling its clients there might a way to get funding for Elon Musk’s plan to take Tesla private. “A Tesla LBO does not appear to be feasible, in our view, even with less than $10bn of incremental debt. However, if the decision is made to take the company private, an equity buyout …

There are big doubts about how Musk will pull off the Tesla buyout, but Morgan Stanley may have found a wayRead More

Dollar, Yen and Swiss Franc Surge as Turkish Crisis Prompts Flight to Safety

Dollar, Yen and Swiss Franc are trading as the strongest ones today as supported by solid safe haven flow. The free fall in Turkish Lira raised concerns of contagion to Eurozone financial system. Such worries sends the Euro broadly lower, even though Australian Dollar performs even worse. Crisis speech of Turkish President Erdogan doesn’t ease …

Dollar, Yen and Swiss Franc Surge as Turkish Crisis Prompts Flight to SafetyRead More

Goldman gives up on negative AMD call, upgrades chipmaker after more than 80% rally this year

Wall Street rarely talks about its mistakes, but Goldman Sachs is now admitting it was wrong with its pessimistic view of AMD shares. The firm raised its rating to neutral from sell for the chipmaker’s stock, predicting big market share gains for its server chips over the next two years. “We find it increasingly harder …

Goldman gives up on negative AMD call, upgrades chipmaker after more than 80% rally this yearRead More

Share this product!

Do you want to start trade profitably?
Earn 50-300% monthly!