Market Morning Briefing: Pound Continues To Trade Low
STOCKS Wild swings in the US markets overnight as Trump slashed fresh tariffs on China. The surprise move from Trump has caused jitters in the market increasing concerns over the progress of the US-China trade talk. Asians are also bleeding...
‘It’s unclear what the end game is,’ former US ambassador says of Trump’s trade war with China
U.S. President Donald Trump has been extremely unpredictable and it’s not clear what the end game of his trade war with China will be, a former American ambassador told CNBC on Friday. Trump has been “wildly unpredictable in many ways...
Climate-related financial risk needs to go mainstream
In July, Moody’s announced the acquisition of a controlling stake in climate risk assessment firm Four Twenty Seven. As discussed here previously, Four Twenty Seven has detailed analysis on the climate risk exposure of US cities and counties that helps...
Square sells food-delivery service Caviar to DoorDash for $410 million
AFP | Getty Images Square is getting out of the food delivery business. The payments company is selling its on-demand delivery service Caviar to DoorDash for $410 million, Square announced during second-quarter earnings Thursday. The acquisition will be a combination...
Stocks making the biggest moves midday: Western Digital, Fitbit, RH, Abiomed, Crocs & more
Traders at the New York Stock Exchange. Drew Angerer | Getty Images Check out the companies making headlines midday Thursday: Western Digital — Western Digital shares rose more than 7% on Thursday after an analyst at Wedbush upgraded the data...
US: Manufacturing Activity Continued to Slow in July
The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources believed to be reliable, but the accuracy or completeness of the information is...
ISM manufacturing index falls to 51.2 in July; construction spending down 1.3% in June
U.S. manufacturing activity slowed to a near three-year low in July and a measure of new orders received by factories rebounded slightly, as the negative effects of a bitter trade war between the United States and China lingered. Other data...
Gauge of US manufacturing hits lowest since September 2009, raising concerns about the economy
A gauge of U.S. manufacturing from IHS Markit fell to the lowest since September 2009. Source: IHS Markit The IHS Markit Manufacturing Purchasing Managers’ Index fell to 50.4 in July, down from 50.6 in June, driven by a weaker demand....
GER30 Index Needs a Break above 20-SMA
The GER30 index put breaks on Wednesday’s sell-off and geared up to move-off one-month lows but the 20-period simple moving average (SMA) in the four-hour chart did not let the recovery to continue. In the short-term the bulls could revisit...
Why Trade Foreign Exchange? | Rupert Osborne | Podcast
Why Trade Foreign Exchange? Key Points Covered in this Podcast: Why trade foreign exchange over stocks? How to manage trading psychology for maximum profit The differences between major and emerging market currencies and how to trade them In this edition...
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