Stocks markets are turning back into risk off mode with US futures pointing to sharply lower open. Yen managed to reverse earlier losses and trading generally higher. Canadian Dollar is also firm as supported by Read more…
Parade Media to Anchor New Lifestyle Vertical; Brings Iconic Title and Premium Content with Significant Local Footprint The Arena Group (MVEN) has signed an agreement to acquire AMG/Parade, a premium multimedia content company with lifestyle, Read more…
Microsoft made its most aggressive play into the video game space Tuesday with a $68.7 billion takeover bid for Call of Duty maker Activision Blizzard. Updated at 8:45 am EST. Activision Blizzard (ATVI) – Get Read more…
US Empire State Manufacturing Survey general business conditions index dropped sharply from 31.9 to -0.7 in January. Twenty-two percent of respondents reported that conditions had improved over the month, while 23 percent reported that conditions Read more…
Wall Street looks set for another rough session as a surge in Treasury bond yields, as well as the highest oil prices in seven years, grips global markets. Stocks futures slump amid a surge in Read more…
GBPUSD was even higher last week after a break above the channel resistance line on the daily chart, so we believe that the pound has bottomed at 1.3130 area, and that we are going to Read more…
The British pound has extended its losses as GBP/USD has fallen for a third successive day. The pair has fallen below the 1.35 line in the European session. US yields hit 2-year high The US Read more…
Goldman Sachs followed its larger rival, JPMorgan, in booking solid investment banking fees, but missed Street forecasts for its headline Q4 earnings. Goldman Sachs (GS) – Get Goldman Sachs Group, Inc. Report posted weaker-than-expected fourth quarter Read more…
“The vast majority of the traveling and shipping public will essentially be grounded,” unless safety concerns linked to 5G network rollouts are addressed, airline bosses have warned. U.S. Airline stocks slumped lower Tuesday following yet Read more…
The US dollar has posted small gains, as USD/JPY briefly punched above the 115 line in the Asian session. The yen looked golden last week with gains of 1.15%, but has given up half of Read more…