EMS survey highlights FX traders’ platform predicament
A survey published in August by the Finance Hive offered an opportunity for FX traders to outline what they want from vendors of EMS platforms. Among their priorities was more front-to-back and multi-asset integration in the next generation of platforms,...
Masa Son’s multi-generational vision is running into a brick wall: The public markets
Masayoshi Son, chairman and chief executive officer of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images SoftBank is learning the biggest obstacle to success for its $100 billion Vision Fund...
Bullish trend suggests the market’s win streak is just starting
Bespoke Investment’s Paul Hickey believes a market hot streak is unfolding. The independent market researcher is building his bullish case by zeroing in on the Citi Economic Surprise Index, which is built to measure optimism in the economy. In the...
Stocks look to reclaim their all-time highs in the week ahead
Stocks will look to build on their strong recent momentum and reclaim their record highs next week amid a slew of economic data while trade war fears decrease. The S&P 500 is about 1.6% from an intraday record reached on...
August jobs miss expectations — Cramer and other experts on what this means
It was a softer August than anticipated. The U.S. economy added 130,000 jobs in August, according to the nonfarm payrolls report released Friday, less than the 150,000 estimated. The unemployment rate held at 3.7%. CNBC’s Jim Cramer and four other...
Fed chief Powell says trade policy is weighing on investment decisions
Federal Reserve Chairman Jerome Powell said Friday that the trade war between China and the U.S. is weighing down companies’ investment decisions. “I think it is the case that uncertainty around trade policy is causing some companies to hold back...
Powell says the Fed is not forecasting or expecting a recession
Federal Reserve Chairman Jerome Powell said Friday the central bank’s pivot this year to lower interest rates has helped sustain U.S. economic growth. Speaking during a forum in Zurich, the central bank leader gave mostly positive reviews to where the...
Cramer to Fed’s Powell: Just admit you were wrong to hike rates so aggressively and move on
CNBC’s Jim Cramer said Friday that Federal Reserve Chairman Jerome Powell should admit he was wrong to increase interest rates so aggressively last year, as the U.S.-China trade dispute was escalating, economic growth was starting to cool and the stock...
Larry Kudlow says phone call earlier this week with China on trade ‘went very well’
White House economic advisor Larry Kudlow said recent conversations with China “went very well.” “The phone call the night before last with Secretary Mnuchin and Lighthizer and Vice Premier Liu He went very well. That’s important,” Kudlow said Friday on...
The disappointing jobs report would have been much worse without newly hired Census workers
Without the temporary hiring of Census workers, the disappointing August jobs report would have been even worse. The federal government hired 25,000 temporary workers in preparation for the 2020 Census in August, giving the overall jobs gain a big bump....
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