Slower growth prospects, and hints of a Fed ‘pivot’ on interest rate hikes, has bond yields moving sharply lower and stocks extending gains Monday. U.S. equity futures powered higher Monday, while the dollar held gains Read more…
The Japanese yen is sharply lower today, as USD/JPY has climbed 1.2% and is trading at 149.41 in Europe. The yen continues to exhibit strong swings for a second straight session. The yen started the Read more…
Apple’s collaboration with U2 included special edition iPods. | Photo by Tim Mosenfelder/Getty Images In a new memoir, U2 frontman Bono has spilled the beans on the internal discussions that lead to two of the Read more…
Big Tech publishes its third quarter results in a climate of anxiety about the health of the economy. This is a crucial week for Wall Street. Four of the five largest companies in the world, Read more…
The billionaire entrepreneur is one of Ukraine’s biggest supporters against Russia. Elon Musk has changed in stature this year. The whimsical and charismatic CEO of Tesla (TSLA) – Get Tesla Inc. Report has broken down the Read more…
In finance, there is a critical distinction between risk and uncertainty. Risk can usually be quantified by using implied volatility from options markets to assess downside potential. Uncertainty is difficult to quantify. The Federal Reserve’s Read more…
An unprecedented third term as President for Xi Jinping is crushing China-based tech stocks Monday. China tech stocks suffered their biggest single-day declines in years Monday as investors fled the world’s second-largest economy following confirmation Read more…
Tesla is cutting the starter price of its Model 3 and Model Y sedans in China for the first time this year. Tesla (TSLA) – Get Tesla Inc. Report shares extended declines Monday after it cut Read more…
Stocks futures slip, dollar steadies after China market slump; Week Ahead: big tech earnings, GDP, inflation data in focus; Fed begins ‘pivot’ messaging; traders pare bets on big rate hikes; Boris Johnson exits race for Read more…
UK PMI Manufacturing dropped further from 48.4 to 45.8 in October, a 29-month low. PMI Services dropped from 50.0 to 47.5, a 21-month low. PMI Composite dropped from 49.1 to 47.2, a 21-month low. Chris Read more…