This small stock may have just won earnings season already surging 31% in a single day
A woman takes a selfie with a dog Ezequiel Becerra | AFP | Getty Images A company responsible for keeping pets healthy may have just won earnings season. PetMed Express soared more than 30% on Monday after the online pet...
October Flashlight for the FOMC Blackout Period
Executive Summary After a decade without a rate cut, the Federal Reserve Open Market Committee (FOMC) has now cut the fed funds rate in back-to-back meetings. Will the October 29 & 30 meeting make it threein- a-row? Last week alone,...
Brexit and Trade Optimism, Sterling Firms Up While Yen Softens
Yen trades broadly lower today, following rally in treasury major global treasury yields. Investors are generally optimistic that, despite all the obstacles, UK Prime Minister Boris Johnson is able to deliver orderly Brexit eventually. Comments from China and US regarding...
Precious Metals Update: Silver Breaking Out
While gold continues to frustrate the bulls and the bears alike, with its ongoing consolidation and false break out and break down attempts, silver is taking its lead from copper and palladium as it tries to break higher today. Gold...
AUD/USD Outlook: Extended Bulls Crack Daily Cloud Top And Look For Further Advance As Trade Tensions Ease
The Australian dollar hit five-week high on Monday as strong rally extends into fourth straight day and broke above 100DMA (0.6858), to crack daily cloud top (0.6879). Bulls eye another strong barrier at 0.6894 (12 Sep high), with sustained break...
JPY Set For A Rise Amid Risk Events
Brexit Benn Act extension trigger, the follow-up on earnings season and caution over US President Donald Trump expectations of a mid-November phase one trade deal should maintain JPY in upheaval despite disappointing trade data and Typhoon Hagibis damages in October....
Airline-style alliances in banking look set to take off
A new digital platform linking banks’ business clients across Europe, Asia and the Americas shows the desire of lenders to forge partnerships in the absence of mergers that might otherwise increase their international scale. Though its official launch in early...
Sterling Just Mildly Lower on Brexit Drama, Aussie Firm US-China Trade Progress
Sterling opens the week mildly lower as Brexit uncertainty is dragging on. Nevertheless, selling pressure is weak so far because there is still enough time for the Commons to ratify the Brexit deal to even avoid another extension. At this...
EURUSD More Price Strength Envisaged
EURUSD with the pair retaining its recovery threats after closing higher the past week, more gain is expected. Support comes in at the 1.1100 where a break will turn risk to the 1.1050 level. A breach below here will target...