September 2017 - Page 45 of 108 -

HH Hurricane Pain

Sep 07, 2017 Jeremy Parkinson Finance 0

Almost all global markets seem to be transfixed on Hurricane Irma that could wallop Florida with an unprecedented and merciless blow and have an impact on many lives as well as the U.S. and global economy. Fox News reported that France’s interior minister on Thursday said the category 5 storm killed at least eight and […]

Trump And International Finance

Sep 07, 2017 Jeremy Parkinson Finance 0

Written by Joseph Joyce International trade and immigration were flashpoints of Donald Trump’s presidential campaign, and in his first year he has shown that he intends to fulfill his promises to slow down the movements of goods and people. Last month negotiations over NAFTA began with Canada and Mexico, with the U.S. trade representative Robert Lighthizer announcing that […]

Dollar Drop Accelerates As Fed Uncertainty Weighs

Sep 07, 2017 Jeremy Parkinson Finance 0

Ok, so as Bloomberg notes, markets were “slightly disjointed overnight with various factors driving individual assets,” but you do want to keep an eye on the dollar here because it looks like the Cohn news combined with Stanley Fischer’s resignation is weighing on the greenback. Despite the fact that, as ISI writes in a note, […]

‘Things Have Been Going Up For Too Long’ – Goldman CEO

Sep 07, 2017 Jeremy Parkinson Finance 0

The B word is something which is almost whispered in financial circles. To acknowledge there might be a bubble somewhere is like admitting the proverbial elephant is in the room. But, like many taboo words, it seems the mainstream are coming around to the idea that it is ok to mention the word ‘bubble’ and […]

S&P 500 Still Close To Record High, Will Uptrend Continue?

Sep 07, 2017 Jeremy Parkinson Finance 0

Intraday trade: Our yesterday’s neutral intraday outlook has proved accurate. The S&P 500 index fluctuated within a relatively narrow trading range of 10 points. The broad stock market index may extend its short-term consolidation today. Therefore, we prefer to be out of the market, avoiding low risk/reward ratio trades. Our intraday outlook is neutral, and […]

Astrazeneca, Amgen Phase IIb Trial Of Tezepelumab Met Primary Endpoint

Sep 07, 2017 Jeremy Parkinson Finance 0

AstraZeneca (AZN) and Amgen (AMGN) announced results from the Pathway Phase IIb trial of tezepelumab that they say “showed a significant reduction” in the annual asthma exacerbation rate compared with placebo in patients with severe, uncontrolled asthma. Tezepelumab is a first-in-class anti-TSLP monoclonal antibody being developed by AstraZeneca’s ‘s MedImmune, in collaboration with Amgen. The […]

ECB Leaves Policy Unchanged – EUR/USD Holds High Ground

Sep 07, 2017 Jeremy Parkinson Finance 0

The European Central Bank left its policy unchanged. In the accompanying short statement, they maintained their usual phrase about QE: it will continue through 2017 or beyond if necessary. The main lending rate remains at 0% and the deposit rate at -0.40%. No changes were expected to rates. EUR/USD holds onto the levels it climbed […]

ECB Keeps Rates, Statement Unchanged; QE To Run Until “December 2017 Or Beyond”

Sep 07, 2017 Jeremy Parkinson Finance 0

The ECB has kept not only its three key rates and pace of QE unchanged, but also its most recent statement, reiterating that it sees QE “at the current monthly pace of €60 billion, are intended to run until the end of December 2017, or beyond, if necessary”, sees rates at present level well past […]

Assessing Value In Emerging Market Currencies

Sep 07, 2017 Jeremy Parkinson Finance 0

During a period of robust inflows and more positive sentiment, emerging markets1emerging markets have outperformed developed markets by a margin of 6%2 to 12%3 year-to-date. This is primarily a function of a rebound in earnings, higher asset prices and a rise in the value of EM currencies against the U.S. dollar. With many emerging equity markets up over 20% […]

Sensex Ends Flat; ITC & Bharti Airtel Top Losers

Sep 07, 2017 Jeremy Parkinson Finance 0

Share markets in India ended the day on a flat note tracking Asian share markets after US President Donald Trump and congressional leaders agreed to raise the government debt limit until December. At the closing bell, the BSE Sensex closed higher by 1 point. While, the NSE Nifty finished higher by 14 points. Meanwhile, the S&P BSE Midcap Index finished up by […]