Economic typhoon. Turbulent times when out for Cathay Pacific protest in hong kong and the loss of the ceo. Shery we are seeing futures higher by four tens of 1 as we see more positive rhetoric from President Trump on the u. S. China trade talks. This on the back of a strong rally we saw on friday with the dow gaining 1. 2 and every sector on the s p 500 in the green. The s p 500 gaining 1. 4 on friday. We saw chipmakers leading the gains, after we had positive results out of nvidia. There was also positive sentiment out of europe as officials there hinted they would come to the rescue if the regions Economic Data deteriorated further. That gave a boost to investor sentiment. 1. 7 . Sdaq gained there was a lot of volatility still with those things swings on the s p 500 with more than 1. 5 intraday. This week the focus will be on jackson hole as we will wait to hear from a fed chair powell making comments later in the week. Lets see how we are setting up in asia. Place the pieces are in
As you mentioned, it is becoming a little more inflationary for the boj. It will only get stronger. The u. S. ,ets without expanding gains. Hong kong fighting back in the final day leading up to the new year Lunar New Year holiday. It is the biggest threeday gain since october 2015. Remember the hong kong and china had the losses last week. For now lets get to the first word news with haidi lun. Florida now say 17 people were killed in a school shooting. State Authorities Say the suspected gunman has been arrested. He is said to be 19 years old and a former student at the school. A catastrophic day. President trump offered federal assistance to the state and offered his condolences to the victims families. Magazines,ountless multiple magazines. At this point we believe he had one ar 15 rifle. I do not know if he had a second one. Haidi President Trump told he supports . 25 per gallon in federal gas and diesel taxes to help fund in proven in roads, bridges and public works. The democrat
For the week major market to come online for the week. The get a recap on how u. S. Markets ended on the friday session. Largely unchanged, of course ahead of a pretty big week when it comes to ecodata. The head the fed meeting not expecting any move, but markets will be watching the statement for any guidelines on how the Balance Sheet outline will work. We also have gdp numbers as well. Indications on inflation will be key whether we see the bond market, the tips market beginning to secondguess janet yellen. Indices, wehe bank are close to record highs. The s p largely flat, the dow did thisth of 1 , ahead of a big week of tech reports. In asia we have us futures pointing south ahead of the flat close on the u. S. New zealand is trading down 0. 2 , the kiwi dollar looking like this. The u. S. Dollar holding onto losses the end of last week. Futures in australia, the asx shaping up for the open. We are seeing a downside of 25 point or half a percent in the negative yield. The aussie d
Newcrest Mining Limited (OTCMKTS:NCMGY – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.59 and traded as low as $15.38. Newcrest Mining shares last traded at $15.59, with a volume of 1,225,600 shares. Newcrest Mining Price Performance The business […]