Kudlow says China may find itself more isolated if trade talks with US fail
Larry Kudlow, the White House’s top economic advisor, said China may feel more isolated if trade talks with the U.S. fail. Kudlow shared his views on the economy and the jobs report on CNBC’s “Squawk on the Street” Friday. “I...
Kudlow: Job gains, wage growth show Trump’s ‘economic boom continues’
White House economic advisor Larry Kudlow is extremely optimistic about the U.S. economy. “The economic boom continues,” he said on CNBC’s “Squawk on the Street” Friday, citing the August jobs report and the month’s wage gain data. “It’s the big...
Your first trade for Friday, Sept 7
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Constellation Brands David Seaburg was a buyer of Pfizer Dan Nathan was a seller of Taiwan Semiconductor Guy Adami was a buyer...
EURGBP Turns Neutral in Near-Term after Break Below Uptrend Line
EURGBP pulled back in recent days, after touching a one-year high of 0.9098 on August 28. Earlier on Friday, it broke below an upside support line drawn from the lows of June 15, and if this week’s candle indeed closes...
Dollar Rises on Solid NFP and Wage Growth, Sterling Even Stronger on EU Barnier
Sterling surged sharply today as once against lifted by Brexit. The direct trigger isn’t clear but it’s believed to be comments by EU Barnier. Dollar is following as the second strongest with help from another set of solid non-farm payroll...
Economy adds more jobs than expected in August, and wage growth hits post-recession high
Long-awaited wage growth posted its biggest increase of the economic recovery in August while payroll gains beat expectations and the unemployment rate held near a generational low of 3.9 percent, according to a Bureau of Labor Statistics report Friday. Average...
Bank of America says buy Micron shares on dip because of the ‘favorable’ chip market
The dip in Micron’s stock is a great buying opportunity, according to Bank of America Merrill Lynch. The firm reiterated its buy rating for Micron shares, predicting strong financial results for the memory chipmaker. Micron shares declined 9.9 percent Thursday...
Stocks making the biggest move premarket: CPB, TWTR, MAT, FIVE, AVGO & more
Check out the companies making headlines before the bell: Campbell Soup – Campbell Soup is under increased pressure from investor Daniel Loeb’s Third Point, with the Wall Street Journal reporting that Third Point plans to launch a proxy fight to...
GBP/USD Attempting to Pierce Upwards through the Downward Channel
The chart below on a daily time-frame displays evidence that the pair GBP/USD is attempting to break out of the downward channel which is indicated in light blue. Additionally, the price for the pair is still trading below all moving...
EUR/USD: Displays Possibilities of a Bullish Presence, but Must Breakout of Downward Trend
The chart below shows the pair EUR/USD to have formed a bullish pattern which is clearly indicated below in the form of a reverse head and shoulder pattern. The projection of this pattern gives reason to believe that it could...
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