China leveraged loans face new hurdle from EU M&A rule
By Pan Yue China’s firms already face trouble from tensions between China’s president Xi Jinping and US counterpart, Donald Trump A decision by the European Parliament, the European Council and the European Commission to scrutinize foreign investments more closely for...
EUR/USD Close Above W H4 Will Target 1.1445 And 1.1478
The EUR/USD has formed a V Shaped Reversal at the bottom but the price is still range bound. A strong H4/ D1 close above 1.1400 is needed for new bullish bounce. The EUR should be more resilient than other G10...
Dollar in Range ahead of FOMC, Preparing for Breakout
Dollar is mildly softer in Asian session as traders turn cautious ahead of FOMC rate decision. But it should be noted that, except versus less, and to a lesser extent Swiss Franc, Dollar isn’t that weak. EUR/USD, GBP/USD and AUD/USD...
SoftBank unit begins trading in Tokyo, marking Japan’s largest-ever IPO
Shares of SoftBank Corp began trading on Wednesday in Japan’s biggest-ever IPO and one of the world’s largest with shares opening 6.40 percent lower. The company is the mobile unit of billionaire Masayoshi Son’s SoftBank Group holding company, which includes...
Major Commodities
Commodities are raw materials or agricultural products that can be bought and sold, with examples being gold, Natural Gas and wheat. From Copper to corn, coal to crude oil, commodities are central to life – and the lives of billions...
Brexit Strain to Take Shine off UK CPI and Retail Sales Data, as Well as BoE Meeting
A raft economic data are due out of the UK this week ahead of a Bank of England policy decision. Inflation and retail sales figures will be released at 09:30 GMT on Wednesday and Thursday, respectively, to be followed by...
Pound Edges Higher, CPI and Fed Statement Next
GBP/USD is up slightly in the Tuesday session. In North American trade, the pair is trading at 1.2643, up 0.24% on the day. Earlier in the day, the pair punched above the 1.27 line for the first time in a...
Sell-off forces Credit Suisse to slash 2019 S&P 500 target before year has even begun
Recent wild rides in the stock market have forced Credit Suisse to cut its forecast for 2019. The bank has slashed its 2019 year-end S&P 500 price target to 2925 from 3350. The new target would be a 15 percent...
US 500 Index Moves above 14-Month Trough; Outlook Switches to Negative
The US 500 index had a bearish start on Monday, with the price breaking a crucial support at 2600 to drop towards a 14-month low of 2529.80 and taking its year-to-date losses to 4.7%. The price has also increased distance...
Dollar Declines as Trump Urged Fed to Feel the Markets, But Loss Limited as Traders Await Projection Numbers
Dollar selloff takes center stage today as Trump continues with his verbal intervention on Fed policy. But Canadian Dollar is even weakest as down trend in WTI crude oil extends. Swiss Franc is for now the third worst performing one....
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