Where is Goldman Sachs heading?
Goldman Sachs’s second quarter was not a stellar one for investment banking – the traditional mainstay of the firm – and the firm might have raised eyebrows by its admission that its transaction backlog had fallen. This being Goldman, however,...
Inbotiqa cuts operational risk using AI to manage business email
There is so much excitement around the potential for artificial intelligence and machine learning in finance to transform the way credit is priced, capital is allocated and products are sold that it requires a clear head to separate the conceptual...
These stocks are winners when the Fed decides to start cutting rates
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images An “insurance” rate cut seems like a done deal to traders this week, soon to mark the first reduction since the...
Exponential Moving Average (EMA) Defined and Explained
Exponential Moving Average – Talking Points: What is Exponential Moving Average (EMA)? How is the Exponential Moving Average (EMA) calculated? How do you use the EMA in your trading strategy? Exponential Moving Average: A Summary Become a better trader with...
MARKET WRAP: US Stocks Closed Lower; Boris Takes Hard Stance On Brexit
S&P eased from its record high while Pound plunged to multi-year low. Stocks The S&P 500 Index fell the pressure of tech heavyweights which failed to impress Wall Street. The index dropped 0.29% as of 15:19 London time; the Nasdaq...
USDCHF Stopped at Upper Bollinger Band; Unable to Break Above a 3-Week High
USDCHF dropped from a twenty-eight-month high of 1.0235 to a five-and-a-half-month low of 96.93 over a three-month period. Buyers failed to push above the previous swing peak of 0.9950, and the price is currently hovering near the upper Bollinger band....
200 Day Moving Average: What it is and How it Works
What is a 200 Day Moving Average The 200 day moving average is a technical indicator used to analyze and identify long term trends. Essentially, it is a line that represents the average closing price for the last 200 days...
US-China trade talks resume in Shanghai with tempered expectations
Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images U.S. and Chinese trade representatives are about to begin their first official in-person meeting since...
Sterling in Free Fall as Johnson’s Government Steps Up Hard Line Brexit Rhetorics
Sterling drops broadly today as the new government is starting step up their hard line rhetorics on Brexit. Australian and New Zealand Dollar are also weak as markets await US-China trade negotiations that start tomorrow. Expectations for the talks in...
US Open – Trade Talks, Hong Kong, Oil, And Gold
Ahead of a pivotal update on trade and the biggest FOMC meeting of the year, the S&P 500 is struggling to deliver any significant moves following last week’s record high close. Trade may dominate the headlines today and the bar...
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