Stocks making the biggest moves after hours: GM, KB Home, HB Fuller and more
Striking United Auto Workers (UAW) walk the picket line in Hamtramck, Michigan, September 25, 2019. Rebecca Cook | Reuters Check out the companies making headlines after the bell: General Motors shares jumped 1.8% after the bell following a CNBC report...
The Philippines taps samurai market
The Republic of the Philippines took advantage of Japanese investors’ hunger for yield when it returned to the samurai market in early August, allowing the sovereign to snag a tightly priced, four-tranche ¥92 billion ($863.4 million) bond. The transaction was...
AUD and NZD Not Happy about Impeachment Inquiry
Its official: The transcripts of President Trump’s call with the President of Ukraine have been released! However, it may take some time for the various decision makers to comb through them and determine what exactly this means. In the meantime,...
Is It Time to Start Watching USD/CNH Again?
With traders’ attention jumping from the ECB’s “QE Infinity”, to the seizing up of the repo markets, to the Federal Reserve’s “hawkish cut”, to Parliament’s resumption, to fears about impeachment (and that’s just over the last two weeks!), developments on...
GBP/USD Outlook: Penetration of Daily Cloud Brings Bears in Play
Cable fell to new two-week low at 1.2372 in early US trading on Wednesday, after repeated rejection at pivotal Fibo barrier at 1.2501 further soured sentiment and dollar regained traction after being hit by fresh political crisis in the US...
Easy Money Policy, EURUSD Forecast, And More | Philip Tyson | Podcast
Easy Money Policy, EURUSD Forecast, Risk Assets – Coming up in our podcast this time: Should we expect further easy money policy from the Federal Reserve? EURUSD forecast: will the Dollar be favored? Why AUD and CAD may be worthy...
Dollar Rises on Trade Pessimism and Trump Impeachment
Markets are generally in risk averse mode today, partly due to receding US-China trade optimism after hardline comments from US President Donald Trump at UN yesterday. Also, US House Speaker decided to lunch a formal impeachment inquiry on Trump. Nevertheless,...
China’s economy may be headed for another low
A Chinese national flag flies in front of a building under construction in the central business district of Beijing, China. Giulia Marchi | Bloomberg | Getty Images BEIJING — China’s economic numbers in the last few months have disappointed expectations...
Securities regulation: No more bad research in China
By Rebecca Feng China’s SAC plans to give securities firms a reputation management score The Securities Association of China (SAC) said in August that it would assign a reputation management score to securities firms based on two criteria: the ability...
Sentiments Turned Sour after Trump’s Harsh Words on China
Sentiments turned sour again after US President Donald Trump’s harsh words on China at UN. But reactions in the forex markets are relatively muted. Dollar is the stronger one for now. New Zealand Dollar is supported after RBNZ stands pat...