These Dow stocks — including Goldman Sachs — win big when rates rise
Interest rates have been surging recently, with the benchmark U.S. 10-year Treasury note yield hitting levels not seen in nearly seven years. Certain stocks have track records of strong returns when rates rise. The yield broke above 3.1 percent on...
US weekly jobless claims rise, but unemployment rolls are the smallest in 45 years
New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans on unemployment rolls fell to its lowest level since 1973, pointing to diminishing labor market slack. Initial claims for state unemployment benefits rose...
Electronic FX takes hold in sub-Saharan Africa
A market guide published earlier this year by First Abu Dhabi Bank highlighted the disparate nature of the SSA FX market, which should come as no surprise given the economic differences between the more than 50 countries that make up...
Malaysia’s post-election fiscal reforms could cause a deficit spike, a strategist says
Days after securing a stunning election victory, Malaysian Prime Minister Mahathir Mohamad’s government has delivered a potentially risky fiscal maneuver by replacing the goods and service tax (GST) with a sales and service duty. The Ministry of Finance said this...
Malaysia’s post-election fiscal reforms could cause a deficit spike, strategist says
Days after securing a stunning election victory, Malaysian Prime Minister Mahathir Mohamad’s government has delivered a potentially risky fiscal maneuver by replacing the goods and service tax (GST) with a sales and service duty. The Ministry of Finance said this...
Hong Kong is taking the fight to money launderers — but the ‘air bubble’ is hard to stamp out
Hong Kong is raising its guard against the threat of money laundering as its vulnerability to financial crimes is seen on the rise. The city, long an oasis of good government and transparent finance in a region that often struggles...
Malaysia to introduce sales and service tax after scrapping GST
Malaysia said it will introduce a sales and service tax (SST) to partly offset the shortfall in revenue from effectively scrapping a goods and service tax (GST) from June. The Mahathir Mohamad-led government, which won last week’s general election, said...
Bitcoin will surge again this year. But here’s what needs to happen first
Bitcoin will rally this year and reach its previous highs, CoinShares Chairman Danny Masters predicted. But here’s what needs to happen first: Better structures and a life cycle post initial coin offerings (ICOs) — the fundraising process that helps launch...
After-hours buzz: CSCO, JACK & more
Check out the companies making headlines after the bell: Cisco Systems shares sank 3 percent in the extended session. The networking hardware company reported better-than-expected earnings and revenue. Guidance for the upcoming quarter fell in line with estimates. The stock...
The internet ‘needs a native currency’ and Jack Dorsey wants to help it be bitcoin
Square CEO Jack Dorsey wants his company to be at the forefront of getting cryptocurrency accepted as legitimate means of global payment. “The internet is going to have a native currency so let’s not wait for it to happen, let’s...
Signal2forex.com - Best Forex robots and signals




