China debt: Baoshang bailout rattles lenders
The People’s Bank of China (PBoC) and the China Banking and Insurance Regulatory Commission (CBIRC) placed Baoshang Bank, a medium-sized regional bank in Inner Mongolia, under the control of China Construction Bank, one of the country’s four megabanks, on May...
Markets Turn Cautious With Eyes on G20, US & Eurozone Inflation
Asian markets trade broadly lower today as traders lighten up positions ahead of the highly anticipated Trump-Xi meeting tomorrow. Yen and Swiss Franc are currently the strongest ones as sentiments turn cautious. Nevertheless, both are contained well above recent lows...
Australia: Credit Growth Weak ahead of RBA Rate Cut
Credit growth weak ahead of RBA rate cut. May: 0.2% mth, 3.6%yr. Credit growth was weak ahead of the RBA lowering interest rates on June 4, the first move in official rates since 2016. Credit growth has slowed to a...
The Middle East and Africa have ‘huge upside’ in digital transformation: Abu Dhabi Global Market
The Middle East and Africa have seen many changes in terms of digital transformation, but there’s still “huge upside,” and financial technology firms are looking for opportunities there, according to a financial services regulator in the region. “Compared to a...
Don’t paint Europe’s banks with the same brush
The accepted wisdom that European banking is an unmitigated basket case has become even more entrenched over the past year. While most banks in the region traded well below book value a year ago, since then their shares have fallen...
JP Morgan, Goldman and others boost dividends and buybacks after passing Fed stress test
Pedestrians walk in front of the JPMorgan Chase headquarters building in New York. Scott Mlyn | CNBC Big U.S. banks are showering investors with fatter dividends and share repurchases after passing the Federal Reserve’s annual stress tests. Goldman Sachs boosted...
Refugee lens investing arrives
In the past two to three years, more initiatives have emerged to connect finance with refugees. “The humanitarian response system is important work for providing basic necessities for survival, but everyone engaged recognizes it is not sustainable,” says founder of...
Stocks making the biggest moves midday: Conagra, Boeing, Nordstrom, KB Home & more
In the Pinnacle Foods deal, Conagra gained brands such as Birds Eye, Hungry-Man, Aunt Jemima Frozen Breakfast, and Armour brand frozen foods. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Thursday: Howard Hughes —...
AUDUSD Remains On The Offensive On Correction
AUDUSD remains on the offensive on correction with more gain expected. On the upside, resistance lies at the 1.7050 level. A cut through here will turn attention to the 0.7100 level and then the 0.7150 level where a violation will...
MARKET WRAP: Stocks Moved Higher On Trade Hopes
Investors remained hopeful that Trump may avoid further escalation with China and this pushed the markets higher Stocks The S&P 500 Index is set to record the best month for 2019, the index jumped 0.40% as of 15:40 London time....
Signal2forex.com - Best Forex robots and signals




