Mohamed El-Erian: US is ‘much more vulnerable’ to a policy mistake by the Fed
There is a greater chance of the Federal Reserve making a mistake these days, noted economist Mohamed El-Erian told CNBC on Tuesday. “There’s no doubt in my mind we are more vulnerable,” to a “policy mistake” by the Federal Reserve...
Jeremy Siegel: Expect the Fed to ‘substantially’ slow down rate hikes in 2019
The Federal Reserve will likely ease up on its plans for multiple interest rate hikes next year, Wharton School finance professor Jeremy Siegel told CNBC on Tuesday. In addition to an anticipated rate rise in December, the central bank has...
Trump says breaking with Saudi Arabia would send oil prices ‘through the roof’
President Donald Trump on Tuesday linked his decision to continue backing Saudi Arabia — despite the murder of a U.S. resident by Saudi agents — to his desire to keep oil prices low. “Saudi Arabia, if we broke with them,...
Bain and KKR establish a severance fund for Toys R Us workers
KKR and Bain Capital, the private equity firms that owned Toys R Us before the company declared bankruptcy earlier this year, said Tuesday that they have each pledged $10 million to create the TRU Financial Assistance Fund, which aims to...
Japanese Yen Subdued, US Housing Reports Match Estimates
The Japanese yen has ticked lower in the Tuesday session. In North American trade, USD/JPY is trading at 112.55, up 0.07% on the day. On the release front, market forecasts were on the button with U.S. construction numbers. Building Permits...
WTI Hits New One-Year Low on Fresh Bearish Acceleration
WTI oil price fell to the session low at $53.62 (the lowest since Oct 2017) in steep bearish acceleration in early US session trading on Tuesday. US stocks were sharply lower on opening, pressured by poor forecasts from retailers and...
Japanese Inflation to Hold Steady in October as BoJ Frets about Banks’ Profits
Inflation numbers are due out of Japan on Thursday (Wednesday, 23:30 GMT), with the core CPI rate anticipated to have held steady in October. But as the annual rate of inflation creeps up towards the Bank of Japan’s 2% target...
GBPAUD Attempts Rebound from 3-Month Low; Looks Bearish in the Medium Term
GBPAUD rebounded after hitting a three-month low of 1.7473 on Friday. It is currently trading around 200 pips above the aforementioned trough. Despite recovering somewhat, the pair continues to look mostly bearish in the short term, something which is also...
Mission impossible? What Banca Carige really needs is a buyer
When the European Central Bank (ECB) rejected Banca Carige’s capital conservation plan in August, its demand that the Ligurian lender must come up with a new one by the end of November was always going to be a tall order....
Risk Aversion Intensifying, Yen and Swiss Franc Rally
Risk aversion dominates the global markets today and is intensifying. Major European indices are trading broadly lower with sign of downside acceleration. US futures also point to lower open, with DOW having triple-digit loss. In the currency markets, Australian Dollar...
Signal2forex.com - Best Forex robots and signals




