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Tick Up In EMU PMI Does Little, Waiting For Powell
Article By:
Marc Chandler
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Thursday, August 22, 2019 7:43 AM EDT
Soft data in Asia and the continued decline in the yuan (six days and counting) prevented Asian equities from following the US lead from yesterday when the S&P 500 advanced by 0.8%.
DAX Pares Losses Post PMI Data
Article By:
Fiona Cincotta
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Thursday, August 22, 2019 7:35 AM EDT
German PMI data reinforced investors fears that the county is heading for a recession.
In this article: DAX
Can EUR/USD Recover With German Data?
Article By:
Yohay Elam
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Thursday, August 22, 2019 7:10 AM EDT
EUR/USD has been struggling below 1.1100 amid concerns about the German economy.
In this article: FXE
Quick Note On Downward Jobs Revisions
Article By:
Dean Baker
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Thursday, August 22, 2019 6:10 AM EDT
he Bureau of Labor Statistics reported that its benchmark revision to its job numbers shows that the economy created 501,000 fewer jobs between March of 2018 and March of 2019 than previously reported.
Stocks For You To Swing-Trade: COST, JCI, MRO
Article By:
Ryan Mallory
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Thursday, August 22, 2019 6:02 AM EDT
Take a look at three trading ideas to prep you for the next trading session.
Why We’re Not Worried About The Hong Kong Dollar Peg
Article By:
ING Economics
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Thursday, August 22, 2019 5:52 AM EDT
There's been increasing speculation about Hong Kong's dollar peg, mainly because protests have lasted longer than expected.
In this article: EWH
Nasdaq 100 Hesitates Around Important Resistance, Bulls Still Hold Ball
Article By:
Paban Pandey
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Thursday, August 22, 2019 5:45 AM EDT
Tech’s role in this market needs no elaboration. Information technology makes up just north of 22 percent in the S&P 500 large-cap index.
In this article: NDX
Walmart Adds Solar Burns To Tesla’s Challenges
Article By:
Lipper Alpha Insight
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Thursday, August 22, 2019 5:35 AM EDT
The giant U.S. retailer sued Elon Musk’s $40 billion electric-car maker on Tuesday, accusing it of negligence after identifying its solar panels as the alleged cause of at least seven fires at Walmart stores since 2012.
Daily Stock Pick: Ship Finance
Article By:
Fredrik Arnold
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Thursday, August 22, 2019 5:31 AM EDT
Ship Finance's price per share closed at $14.08 yesterday. A year ago its price was $14.65.
In this article: SFL