Thai prosecutors say criminal case against a politician will be decided after election
Thai prosecutors said on Wednesday they would decide after a March 24 election whether to pursue criminal charges against the leader of a new political party who criticized the military junta in a speech on Facebook last year. The deferment...
To infinity – and beyond?
When Euromoney sat down with the head of securities at a large US firm in February, the conversation quickly turned to the market volatility at the end of last year. “December shocked me,” he confided. “There is yet to be...
Market Morning Briefing: Aussie Is Trading Below Resistance Zone Of 0.72-0.7250
STOCKS Major global indices continues to remain bullish and has room for further rise in the short term. On the domestic front, though the Sensex and the Nifty 50 opened on a nervous note yesterday after the air-strike on terrorist...
New Zealand: Trade Deficit Larger than Expected in January
The trade deficit was larger than expected in January, with exports slowing while imports held up. NZ merchandise trade, January 2019 Balance: -$914m (Westpac f/c: -$500m, Market: -$300m) Exports: $4,403m (Westpac: $4,600m, Market: $4,800m) Imports: $5,317m (Westpac: $5,100m, Market: $5,000m)...
Australia: Construction Work Fell Sharply in Q4, Down by 3.1%.
Construction work in Q4 was much weaker than anticipated, declining by 3.1%. Detail Construction activity surprised to the downside for a second consecutive quarter. – advertisement –
Q4 was a -3.1% vs an expected +0.5% market and +0.4% Westpac....
Stocks making the biggest moves after hours: Weight Watchers, Papa John’s, Mylan and more
Check out the companies making headlines after the bell: After being halted, Weight Watchers shares cratered as much as 28 percent after hours Tuesday after posting dismal fourth-quarter earnings and weak full-year guidance. Missing on the top and bottom lines,...
Amazon being pushed out of NYC by Ocasio-Cortez was ‘disgraceful,’ says billionaire Leon Cooperman
Leon Cooperman, a billionaire investor and the founder of Omega Advisors, is worried the U.S. may be steering too far left, especially after Amazon opted against opening a second headquarters in New York City. “What happened in New York with...
Canadian Inflation and GDP Data Eyed as BoC Rate Hikes Disappear Over the Horizon
Canada will publish January inflation and Q4 GDP numbers this week, which should provide investors some clues as to the possibility of a near-term rate hike by the Bank of Canada amid a slowing economy. The CPI figures are due...
British Pound Jumps as Parliament to Vote (Again) on Brexit
GBP/USD has posted considerable gains on Tuesday. In North American trade, the pair is trading at 1.3263, up 1.27% on the day. In economic news, BoE Governor Mark Carney testified at the quarterly inflation report hearings. In the U.S., construction...
GBPUSD Faces More Upside Pressure On Bullish Offensive
GBPUSD faces more upside pressure on bullish offensive. looks to recover further higher on bull pressure. Support stands at 1.3100 level. Further down, support comes in at the 1.3050 level where a break will turn focus to the 1.3000 level....
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