FX: What’s in store for the Turkish lira?
By Anna Fedorova The escalating row over Turkey’s detention of American pastor Andrew Brunson appeared to be the last straw, sending the lira into freefall in August. Brunson was arrested in October 2016 and accused of colluding with an organization...
Jefferies says buy PayPal shares due its market leadership in online payments
PayPal shares will rise due to the strength of its core payment platform, according to Jefferies. The firm reiterates its buy rating for PayPal shares, predicting it will grow faster than the e-commerce industry. “PayPal core business trends are showing...
Pending home sales fall for seventh straight month in July
It may be hot in the nation’s neighborhoods now, but the nation’s housing market is cooling off. Signed contracts to buy existing homes fell 0.7 percent in July compared with June, according to the National Association of Realtors’ pending home...
US economy logs best performance in nearly 4 years
U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years, as businesses boosted spending on software and imports declined. Gross domestic product increased at a 4.2 percent annualized...
Weekly mortgage applications decline, even as rates slip
Weakening affordability is making potential homebuyers gnash their teeth this summer, and it is taking a real bite out of the mortgage market. Total mortgage application volume decreased 1.7 percent last week and was 15 percent lower than a year...
Canada rejoins NAFTA talks as US autos tariff details emerge
Canada’s top trade negotiator praised Mexico’s trade concessions on autos and labor rights on Tuesday as she rejoined NAFTA talks, while U.S. lawmakers warned that a bilateral U.S.-Mexico trade deal would struggle to win approval in Congress. Automotive executives and...
Nearly half of California’s gig economy workers struggling with poverty, new survey says
About half of Californians working in the gig economy are struggling with poverty and a majority of the residents say the American Dream is harder to achieve in their state than elsewhere in the United States, according to a survey...
After-hours buzz: HRB, BOX & more
Check out the companies making headlines after the bell: H&R Block shares rose 4.5 percent during after-hours trading following better-than-expected earnings for its first quarter, but subsequently erased those gains. The tax preparation company reported first-quarter consolidated losses of 74...
State regulators expand ‘Operation Cryptosweep’ to 200 initial coin offerings
A group of state and provincial regulators could put a big dent in the cryptocurrency fundraising boom. The North American Securities Administrators Association said Tuesday it had expanded the number of investigations into initial coin offerings to 200 after starting...
Goldman Sachs thinks the market is wrong about Fed Chair Powell, and that could mean 4 rate hikes in 2019
Judging by a key speech he delivered last week, the market believes it has a Federal Reserve chairman who will take a more measured pace when it comes to interest rates. Goldman Sachs economists think the market has it wrong....
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |