Markets

This week should bring more strong earnings results Consumers most positive in 13 years Goldman Sachs expects some stocks to rise by up to 44% This week should bring more robust Q2 earnings results from various consumer firms. Retailers including Home Depot and Walmart will release their Q2 results...

Options traders betting on another 9% drop in share price Total revenue could drop to $5.32bn Technical indicators pointing to more bad times ahead Since reaching a high in January, McDonald’s Corp.’s stock price has dropped by well over 10%. Options traders are putting their money on the share...

New Goldman Sachs CEO wants more women on management committee Comcast drops out of race to acquire 21st Century Fox Two new indices announced for ether and bitcoin More changes are coming at investment firm Goldman Sachs as it prepares for a leadership change. The company’s current president, David Solomon,...

Share price surges 21% in one day Market cap increases by $1.2bn CFO Louden believes Roku has excellent long-term potential Experienced traders have long known that a strong earnings report can send a firm’s stock price through the roof overnight. In the case of Roku, it appears the market is...

USD/TRY reaches new highs Best performer was CHF USD also strengthens against EUR, NZD and AUD The focus in forex markets on 14 August was mainly currency pairs such as USD/TRY, where the lira continued to be punished. In fact, the USD/TRY rate has broken above 7,000 for the...

Asian stocks fall from Shanghai to Singapore Australia’s ASX 200 also drops Social media stocks suffer in the US Stock markets in Asia dropped on Monday following a sharp drop in the American tech sector on Friday. South Korea’s Kospi fell 0.1% to 2,293.92 and the Japanese Nikkei 225 dropped...

Turkey announces punitive tariffs against many American products Lira recovers to 5.85 against USD US alcohol, automobiles and tobacco hit particularly hard Turkey’s heavily punished currency, the lira, strengthened sharply yesterday morning after the Turkish government announced that it would impose significant tariffs against American products in retaliation for...

Strong retail sales data could send USD even higher GBP remains in downtrend EUR could weaken further against JPY On Tuesday, the US dollar once again took center stage as it continued its bull run and kept increasing the pressure on other global currencies. Yesterday it seemed to be more...

USD weakens widely on Monday but strengthens against the JPY BOE could increase interest rates this week Fed not expected to announce rate increase A brief look at the major currency pairs in the forex market shows that the best performer was the CHF, while the JPY ended at...

Stock markets around the world suffer losses Trump’s new tariffs on Chinese imports blamed Possible US withdrawal from NATO also contributed International stock markets suffered yesterday as the trade war between the United States and China became worse and reports surfaced that the US might withdraw from NATO. On Tuesday,...