Stocks making the biggest moves after hours: Autodesk, HP and Heico
Paul J. Richards | AFP | Getty Images Check out the companies making headlines after the bell: Shares of Autodesk nose-dived 10% in extended trading after announcing the trade war could hurt its financials. The software company’s third-quarter adjusted earnings...
India: Assessing Arun Jaitley’s legacy
Arun Jaitley, the former finance minister of India The passing of Arun Jaitley, the former finance minister of India, offers a chance to assess his legacy. History will judge him to have overseen some of the most momentous financial moments...
Banks pass the pain of negative rates to their depositors
Jyske Bank announced on August 20 that it will begin charging affluent retail customers up to 60 basis points on deposits above DKK7.5 million ($1.12 million). Anders Dam,Jyske Bank More attention than usual has suddenly focused on the third largest...
GBP Bid as EU May Reopen Withdrawal Agreement
There may still be hope for a soft-landing Brexit as rumors swirled this morning that Boris Johnson’s talks with Germany’s Merkel and France’s Macron at the G-7 meetings may have been enough to persuade them to return to the negotiation...
Lagging Indicators Defined and Explained
Lagging indicators are often misunderstood in their foundations however, they are a great way to analyse financial markets. This article will outline: What lagging indicators are Examples of lagging indicators Benefits of lagging indicators What is a lagging indicator? A...
Australian Capex Data Eyed as Trade War Flares Up
The ever-escalating trade conflict between Washington and Beijing has left deep scars on the aussie, both directly by clouding the outlook for Australia’s export-heavy economy and indirectly by making the RBA slash rates twice this year already. The nation’s capital...
Dudley encourages the Fed not ‘to play along’ with Trump’s trade war
Former New York Fed President Bill Dudley is calling on the central bank not to help President Donald Trump fight his trade war with China. In a sharply worded commentary to his one-time colleagues, Dudley urged Fed officials not to...
Sterling Jumps as UK Oppositions Seek Brexit Delay, Swiss Franc Weakens
Sterling rises broadly today as UK opposition lawmakers are moving to seek Brexit delay. Swiss Franc weakens broadly at the same time, partly due to the same reason. The forex markets are otherwise mixed, staying in tight range as consolidations...
US Open – Oil, Iran, China, Germany, Gold, & Bitcoin
President Trump’s strategy this week appears to be of a more appeasing tone that will look to calm markets. Risk appetite is stable on Trump’s assuaging comments on China and a possible reversal in his hardline with Iran. With no...
GBPUSD Bullish Above 1.2195
The British pound is attempting to recover bullish momentum against the US dollar after recently finding technical support from the 1.2210 level. The one-hour time frame clearly shows a bearish head and shoulders pattern, with the 1.2195 level the breakdown...
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