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Day: March 8, 2019

Morgan Stanley CEO James Gorman: A trade deal will not lead to a ‘meaningful rally’ in stocks

Don’t expect a significant boost to stocks if and when the U.S. and China strike a deal on trade, Morgan Stanley CEO James Gorman said Friday. Stopping the trade spat from turning into a true trade war “is clearly a positive. I think the market would rally on the news of that,” Gorman said during …

Morgan Stanley CEO James Gorman: A trade deal will not lead to a ‘meaningful rally’ in stocksRead More

Stocks making the biggest moves midday: Costco, Exxon Mobil, Vail Resorts & more

Check out the companies making headlines midday Friday: Big Lots — Shares of Big Lots jumped 15.33 percent after the company reported better-than-expected fourth-quarter earnings. The retailer’s earnings came in at $2.68 earnings per share, 38 cents higher than a Refinitiv forecast. The company’s same-store sales were up 3.1 percent, nearly triple Refinitiv’s estimate of …

Stocks making the biggest moves midday: Costco, Exxon Mobil, Vail Resorts & moreRead More

Forex Trading Journals: A How-To and other Forex Trading Tips

A forex trading journal is a log of your trades that can help you refine your strategies based on learning from previous experiences. Just as a business owner tracks inventory, a trader should also keep up with their closed positions. While keeping a trading journal may be difficult at first, recording your trades can help …

Forex Trading Journals: A How-To and other Forex Trading TipsRead More

Australia & New Zealand Weekly: RBA’s Likely Rate Cut Strategy

Week beginning 11 March 2019 RBA’s likely rate cut strategy. Australia: Westpac–MI Consumer Sentiment, housing finance, NAB business survey, RBA Deputy Governor Debelle speaks. NZ: retail card spending. China: fixed asset investment, retail sales, foreign direct investment. Europe: CPI, industrial production. US: CPI, retail sales. Key economic & financial forecasts. Information contained in this report …

Australia & New Zealand Weekly: RBA’s Likely Rate Cut StrategyRead More

Week Ahead – Another Brexit Deadline Looms; Bank of Japan Meets

A vote in the British parliament could determine whether the Brexit deadline will be extended, while a Bank of Japan policy meeting will be another highlight for traders in the coming week. Economic indicators will also be watched closely amid renewed growth jitters as industrial output figures for January are reported in China, the Eurozone, …

Week Ahead – Another Brexit Deadline Looms; Bank of Japan MeetsRead More