Stocks making the biggest moves after hours: Nordstrom, L Brands and more
A Nordstrom store in Irvine, California Scott Mlyn | CNBC Check out the companies making headlines after the bell: Shares of Nordstrom surged 11% in extended trading after the retailer posted a strong profit despite weakening second-quarter sales. The company reported...
Here’s why Trump wants to buy Greenland
President Donald Trump has floated the idea of buying Greenland multiple times. Danish Prime Minister Mette Frederiksen has called the notion “absurd.” It has triggered a diplomatic row of sorts. Yet Trump’s interest in Greenland is just the latest indication...
Bond market yield curve inverts, signaling Fed may be too slow to cut rates, risks recession
Federal Reserve Chairman Jerome Powell reacts during a press conference in Washington D.C., the United States, on July 31, 2019. Liu Jie | Xinhua | Getty Images Market moves were modest after the Fed released minutes of its last meeting,...
More than 300 European firms have lost all sell-side coverage since Mifid II
In late August, the UK’s Cass Business School published a research paper looking at the effects of Mifid II on sell-side analysts, buy-side analysts and firms themselves. Unsurprisingly, the authors – Bingxu Fang and Ole-Kristian Hope of the Rotman School...
Fed says July rate cut was ‘recalibration’ and not part of ‘pre-set course’ for more easing
Federal Reserve officials who voted to lower interest rates three weeks ago agreed that the move shouldn’t be viewed as an indication that there is a “pre-set course” for future cuts, according to meeting minutes released Wednesday. The summary indicated...
No Deal Brexit Planning Hits GBP; FOMC Minutes Up Next
The pound fell lower in early trade and has remained in the doldrums ever since, as investors search for signs that the EU may be willing to re-negotiate the Irish backstop. Whilst Boris Johnson is due to visit Chancellor Angela...
EURUSD and SOYBEANS Connection! Both Looking Higher (Elliott Wave)
Do you remember positive correlation between EURUSD and Soybeans? While EURUSD is looking higher, even Soybeans might be turning bullish after that completed weekly ending diagonal + a five-wave bullish reversal on a daily, and 1h chart. That said, watch...
CBO expects deficit to grow more than projected, warns that tariff hikes could harm growth
Federal deficits are expected to swell to higher levels over the next decade than previously expected, the nonpartisan Congressional Budget Office said in a new report Wednesday. The CBO also said that President Donald Trump’s tariffs are projected to shrink...
‘Mr. Wonderful’ Kevin O’Leary: ‘There is no recession coming in America’
Kevin O’Leary told CNBC on Wednesday he’s confident the U.S. is not nearing a recession. “There is no recession coming in America,” said O’Leary, known on “Shark Tank” as “Mr. Wonderful.” O’Leary, chairman of O’Shares ETFs, pointed toward rising cash...
Canadian Dollar Jumps on CPI, Risk Appetite Lifted by Fed Expectations
Canadian Dollar jumps broadly in early US session after stronger than expected consumer inflation data. Australian Dollar follows as the second strongest, with help from risk appetite since European session. Fed Kashkari’s push for forward guidance raises expectation that Fed...
Signal2forex.com - Best Forex robots and signals




