The house always wins: how IPO banks are not threatened by direct listings
Would banks that have traditionally charged young companies hefty fees to arrange their IPOs lose out from a greater move towards direct listings with no primary capital raising? The question has been raised a few times in recent weeks, not least...
Week ahead – Fed to Cut Rates, Will BoJ Follow? US Payrolls on the Menu Too
There’s a barrage of crucial events coming up next week, with three major central bank meetings and an avalanche of economic data set to dominate the agenda. The Fed is almost certain to cut rates again, but may signal that...
2020 could be the year everything changes for people with student debt
CNBC | Jaden Urbi Big changes could be coming down the pipeline for the 44 million Americans with student debt. Presidential campaign proposals and recently introduced legislation aim to rewrite the rules around student loan interest, repayment and refinancing. Some...
Euro Soft on Weak Business and Consumer Sentiments
Trading in the forex markets remain subdued ahead of weekly close. Euro is generally softer as data showed German business and consumer sentiments remained weak. Also, professional forecasters downgraded Eurozone inflation and growth projections in latest survey. For the week,...
EUR/USD Squeezed By 100– And 200-Hour SMAS
Yesterday, the EUR/USD currency pair declined to the support provided by the 200-hour SMA at 1.1109. During Friday morning, the pair was trying to surpass the 55-hour SMA at 1.1120. Given that the exchange rate is pressured by the 100-hour...
GBP/USD Tests Weekly PP
On Thursday, the GBP/USD exchange rate tried to surpass the support level formed by the weekly PP at 1.2832. During today’s morning, the rate continued to test the given support. Note that the currency pair is pressured by the 55-,...
USD/JPY Tests Falling Wedge Pattern
Yesterday, the USD/JPY currency pair consolidated at the 108.65 level. During Friday morning, the pair continued to trade at the given level. Note that the exchange rate is supported by the 55-, 100– and 200-hour moving averages, currently located circa...
XAU/USD Skyrocketed To 1,505.00
On Thursday, the XAU/USD exchange rate skyrocketed to the psychological level at 1,500.00. During today’s morning, the rate reached the 1,505.00 mark. On the one hand, yellow metal could continue to extend gains against the US Dollar within the following...
Can Google/Alphabet Break New High On The Third Attempt?
Alphabet Inc, the holding company of Google will report its Q3 2019 earnings on Mon, 28 Oct after the close of the U.S. session. Consensus adjusted EPS and revenue forecasts are pegged at $14.59 and $23.72bn respectively. My colleague, Ken...
The impact of Hong Kong unrest on finance: not fear but inconvenience
Extra security: a police patrol at MTR station on the lookout for protesters A finance conference was canned in Hong Kong last week. It will be pushed back three months, and held in Macau instead. It wasn’t that anyone feared...
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