Financial news

31.07.2019 10:01:16

Asian Equity Markets Remain Troubled; Politburo Promises Liquidity Without Rate Cuts

Apple climbed strong with more than 4% in after-hours trading after its equally post turgid Q2 earnings, thus beating investor's forecasts. However, Asia Equity Markets have failed to ride the bigger markets as the local markets are still reeling ...
31.07.2019 09:01:20

Samsung's Quarterly Profits Drop; Maintains Positive Outlook

Amidst the issue of oversupply, semiconductor prices had declined resulting into a 56% drop in Samsung Electronics Co Ltd's quarterly profit. The mobile Titan still has its hopes up that after the chip market bottoms out, it will eventually ...
31.07.2019 09:01:20

A Pause on AUD/USD Downtrend In Light of Australia CPI; Fed and Trade Talks Eyed

After the local inflation data crossed the wires and rendered better outlook, the Australian Dollar went up to compete against major counterparts, overshadowing mixed Chinese PMI data. The second quarter saw that the Australian CPI clocked ...
31.07.2019 09:01:20

June 2019's Retail Turnover

Some Key Figures for the Retail Turnover, June 2019: +3.5% on the month prior (in real terms, calendar and seasonally adjusted, provisional) +3.6% on the month prior (in nominal terms, calendar and seasonally adjusted, provisional) -1.6% on ...
30.07.2019 13:00:50

FREE Binfinity Tokens Up for Grabs for First 1,000 VERIFIED Registrations

FREE Binfinity Tokens Up for Grabs for First 1,000 VERIFIED Registrations Binfinity, a new breed of digital asset marketplace or "cryptocurrency exchange" focusing on providing freedom to the crypto financial markets, is at the cusp of promising ...
30.07.2019 13:00:50

The Pound Paddles Through Brexit's Troubling Waters

The Pound Paddles Through Brexit's Troubling Waters The Pound suffers the brunt of the uncertainty brought by the highly-divisive Brexit, with the Bank of England adding more stress. Raising interest rates in the coming months is not within ...
30.07.2019 13:00:50

Lower and Lower: GBPUSD Sellers on the Downside

Lower and Lower: GBPUSD Sellers on the Downside After being stalled at the 100 bar MA, the GBPUSD had run another leg lower. It had considerably fallen below the 1.2200 level as it flirts with the downside. Suffice it to say, the GBPUSD is ...
26.07.2019 13:01:23

Shares stage rebound after the European Central Bank disappointment

European shares showed recovery on Friday because of a rally in media stocks and bigger earnings at some U.S. firms helped investors cope with the disappointment of the ECB’s collapse to deliver fast policy easing. The last day its ...
26.07.2019 12:01:19

Gold Prices Increased; U.S. reported its Q2 Figures

Gold futures for August on the Comex division of the New York Mercantile Exchange raised by 0,1% to over $1,400. Gold was under some pressure before in the day after figures demonstrated new orders for durable goods in the US increased by more ...
26.07.2019 11:01:16

China found new evidence of FedEx violation

U.S. delivery company FedEx Corporation probably concealed more than 100 packages of Huawei while China’s technical leader blamed Flex for estimating its goods. A the same time, Sino-U.S. tensity further strain economic ties.  China’s ...
26.07.2019 11:01:16

American Stocks Growth Worries Knock Wall Street Down

The Nasdaq Indice reduced by 1% while Tesla was blamed for bad Q2 results. The Dow went down 0,47%. Boeing became the biggest loser on the list. American Airlines was down 8,4% and Alaska Air Group lost 2,7%. Southwest Airlines stocks ...
26.07.2019 10:00:44

In spite of Rate Cuts, Global Economic Growth Tends to Deepen

Global economic growth is faced with risks deepening in spite of hopes that the main central banks will reduce interest rates or weaken policy. The largest sovereign bond yields have also fallen down as the last economy figures have highlighted ...
25.07.2019 17:00:52

The European Central Bank may reduce interest rates

European officials are being prepared for interest rates decline because of the EU’s economy weakening. Now the ECB is trying to cope with a manufacturing slowdown. Its experts now keep interest rates unchanged, but they can be cut until ...
25.07.2019 17:00:52

The U.S. government prepares law that would reduce drug prices

Donald Trump is preparing an executive order to cut prices on almost all branded drugs sold to Medicare. This new law will be much broader than the previous one. The President Administration is looking for ways to lower prices on drugs used ...
25.07.2019 17:00:52

U.S. economy slows, while business investments stabilize

The new orders for key goods raised in June, suggesting several improvements in investment. However, economic growth is expected to have slowed in Q2. The U.S. exports became weaker as well as inventory build. Nevertheless, the longest ...
25.07.2019 10:01:04

Indian shares lower at trade’s close

India stocks lower after the closing on Wednesday while losses in the Auto, Metals and Energy sectors led shares lower. The Nifty 50 decreased by 0,53% to hit a 1 month low, while the BSE Sensex 30 Indice reduced by 0,36%. Zee Entertainment ...
25.07.2019 10:01:03

China’s bank concerns resurface as Jinzhou’s dollar bonds tumble

Bank of Jinzhou, a regional China’s leader of banking saw its dollar-denominated debt falling. The nation’s financial regulators now are trying to solve its liquidity problems. Officials who include the workers from the People’s ...
25.07.2019 09:01:22

Nokia exceeded forecasts on its rising demand

Telecom equipment and phone maker Nokia reported its sudden profit increase in Q2 on Thursday. It was supposed a higher demand as a reason for the company’s growth. The 2019 profit forecast was maintained. The company also reported ...
25.07.2019 09:01:22

Oil prices increased on U.S. crude stockpile draw

Energy prices raised up on Thursday on a regular U.S. crude stockpile reduction which came in 3 times the level previously expected. WTI Futures added 0,3% and surpassed $56. At the same time, Brent Oil Futures gained 0,2% to $63,31. The ...
25.07.2019 09:01:22

Tesla could not finish the quarter with profit

The electric car maker Tesla Inc pushed its profit timeline back once again after financial targets in the Q2. Tesla also announced that its chief technology officer is leaving the company. A loss in the last quarter was deeper than expected. ...
25.07.2019 09:01:22

Apple suppliers see demand for new phones stabilizing

Apple’s providers are going to start producing the components for 75 million new phones in the second half of 2019. It would be almost the same number as it was produced a year earlier. The volumes planned for the next iPhone launch ...
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