Welcome to Euromoney’s 50th anniversary edition
This is a very special issue of Euromoney. We are delighted to celebrate having covered the global financial markets for the past 50 years. The current Euromoney team is honoured to be stewards of a proud history begun by Sir...
Stocks making the biggest moves midday: Korn Ferry, Beyond Meat, Advanced Micro Devices & more
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE). Drew Angerer | Getty Images Check out the companies making headlines midday Friday: Korn Ferry — Shares of Korn Ferry sank...
RBNZ Keen to Stay Ahead of Global Slowdown
Preview of June OCR Review and change of OCR call We expect the RBNZ to leave the OCR on hold next week. The RBNZ will probably reiterate that it has an easing bias. The RBNZ will express concern about deepening...
China Weekly Letter: Rising Chance of Ceasefire at G20 Meeting
Xi-Trump phone conversation raises the probability of a trade war ceasefire at the G20 meeting. We now see slightly more than 50% chance of this happening. US tech companies warn their competitiveness will be hurt by higher tariffs. Huawei puts...
Silver Pulls Back from 3-Month High
Silver reversed to the downside early on Friday but the 20-period simple moving average (SMA) in the four-hour chart managed to halt the bearish correction as it did a few days ago. The RSI and the MACD lost momentum as...
Euro Jumps as Eurozone PMIs Show Tentative Signs of Turnaround
Euro rises broadly today as PMI data showed no further deterioration in sentiments in Eurozone. Underlying growth momentum remained weak, but there were more tentative signs of improvement in Germany and France. Swiss Franc remains firm on Middle East Tension....
Your first trade for Friday, June 21
The “Fast Money ” traders shared their first moves for the market open. Tim Seymour was a buyer of Alphabet. Jeff Mills was a buyer of the Emerging Markets ETF. Dan Nathan was a buyer of Cisco. Guy Adami was...
China’s risks extend beyond trade frictions
Sweatshirt label: Quite apt, given the nervous tension around China and trade deals, as well as other concerns China’s risks plotted in Euromoney’s quarterly crowd-sourcing survey of economists and other experts revealed marginal improvement in the first quarter, yet risk...
A Fed president explained why he was the lone member who wanted an ‘insurance’ cut this week
St. Louis Fed President James Bullard wanted his fellow central bankers to approve an “insurance” rate cut at this week’s meeting as a guard against weaker growth and low inflation. In a statement Friday, Bullard explained his vote against the...
EURUSD Still Bullish Above 1.1290
The euro continues to trade above the 1.1300 level against the US dollar, with the single currency receiving a slight boost from better than expected EU PMI data. The EURUSD pair has a intraday bullish while trading above the 1.1290...