After-hours buzz: NKE, CTAS & more
Check out the companies making headlines after the bell: Nike stock fell as much as 4.5 percent in after-hours trading despite reporting first-quarter earnings numbers that beat on the top and bottom lines. The company posted earnings per share of...
Nobel Prize winner Robert Shiller says this is a ‘risky time’ in the market
Investors are no longer skeptical enough about corporate earnings and in turn have made the U.S. stock market the most expensive in the world, Nobel Prize winner Robert Shiller told CNBC on Tuesday. In fact, he cautions that a bear...
Fed Preview: Near-Term Path Set in Stone, All Eyes on 2019 and Beyond
It’s a testament to the success of the Federal Reserve’s post-crisis “Communication-as-a-Policy-Tool” philosophy that investors have “known” the outcome of this week’s Fed meeting (and likely the November and December Fed meetings as well) for weeks already. It’s essentially a...
Private equity blossoms in Vietnam
In the world of Vietnamese private equity, everyone is on the prowl for the next Mobile World. When Ho Chi Minh City-based Mekong Capital shelled out $3.5 million for a 35% stake in the firm in 2007, it was just...
British Pound Edges Higher Despite Sharp US Data
GBP/USD has posted gains in the Tuesday session, continuing the trend seen on Monday. In the North American session, the pair is trading at 1.3162, up 0.34% on the day. On the release front, British CBI Industrial Order Expectations came...
Gold Edges Higher after Repeated Downside Rejection; FOMC in Focus
Spot Gold moved higher on Tuesday and probes above $1200 barrier, after the action in two previous days failed to clearly break below base of thick daily cloud ($1195). The yellow metal price holds within daily cloud for the third...
EURUSD Holds Near-Term Bullish Bias But Needs Close above 1.1780/1.1800 to Signal Continuation
The Euro stands at the front foot in early American session on Tuesday and probes again above cracked Fibo barrier at 1.1780 (38.2% of 1.2555/1.1300). Recent attempts higher registered thre consecutive failures to clearly break this barrier and bulls were...
Trump tells world leaders: ‘We will no longer tolerate abuse’ on trade
President Donald Trump defended his administration’s trade clashes on Tuesday, telling world leaders the U.S. will act in its “national interest” when it feels cheated. Trump’s comments to the United Nations General Assembly follow his latest shot in a trade...
Trade rep Lighthizer says US is prepared to move ahead on new NAFTA deal without Canada
With less than a week to go before the deadline, the U.S. is ready to move ahead on a new NAFTA-style agreement with or without Canada, U.S. Trade Representative Robert Lighthizer said Tuesday. On the heels of an agreement with...
Consumer confidence rises to highest level in 18 years
Consumer confidence rose in September, notching its highest level in about 18 years. The Consumer Board’s index rose to 138.4 this month from 134.7 in August. Economists polled by Reuters expected consumer confidence to dip to 132. “Consumers’ assessment of...
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Trading education
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