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...
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...
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....
With a Brexit Extension in Sight, What’s the Outlook for Sterling?
The coming week will be a crucial one for the Brexit process, as the UK Parliament will finally have a chance to vote for an extension of the exit date. Alas, even if that happens, such a delay would only...
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...
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...
Weekly Focus – Another Central Bank Turns Very Dovish
This publication has been prepared by Danske Markets for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that its contents...
Dollar Drops as US Hiring Plummets, But NFP May Not be as Bad as it First Looks
20K jobs created vs. 180k expected Unemployment -0.2% to 3.8% vs. 3.9% expected Wages 3.4% yoy vs. 3.3% expected Dec. revised higher from 220k to 227k Jan. revised higher from 304k to 306k The dollar sold off in a knee...
How to Read a Forex Economic Calendar
A forex economic calendar is useful for traders to learn about upcoming news events that can shape their fundamental analysis. This piece will explore the economic calendar in depth, offering tips on how to read a forex economic calendar to plan...
USD/CAD Outlook: Canadian Dollar Rebounds after Downbeat US and Strong Canada’s Jobs Data
The pair fell some 50 pips in an immediate reaction on US NFP surprise and upbeat Canada’s employment figures. Data on Friday showed that US job growth reached levels close to stall, as the economy created only 20K new jobs...
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