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CRISPR Stocks Rise After Chinese Researcher Claims First Gene-Edited Babies

CRISPR Stocks Rise After Chinese Researcher Claims First Gene-Edited Babies

Shares of Crispr Therapeutics (CRSP), Editas Medicine (EDIT) and Intellia Therapeutics (NTLA) are on the rise after a Chinese researcher claimed that he helped make the world’s first genetically edited babies. The trio of public companies are developing therapies using the technology known as CRISPR, which is the method He Jiankui says he used in […]
G20 Meeting May Dictate Path Of Stock Market For Rest Of The Year

G20 Meeting May Dictate Path Of Stock Market For Rest Of The Year

Global Indices continue to retreat in the fourth quarter of this year as the combination of the Fed’s quantitative tightening and escalating trade wars threatens to derail the 10-year bullish market. Below is the Year-to-Date return of the Global Indices as of Friday, Nov 24:   Next week, global Indices will have a chance to […]
USD/JPY Makes A Remarkable Turnaround

USD/JPY Makes A Remarkable Turnaround

USD/JPY is trading above 113.00 once again as several positive developments improve the mood. Black Friday sales were reportedly successful both online and in brick and mortar stores. Americans’ shopping sprees improve the mood on Wall Street ahead of the open and send futures higher. USD/JPY is well correlated with the gyrations of equity markets and […]
Global Wage Growth Slumps To 1.8% In 2017, Lowest In A Decade: ILO

Global Wage Growth Slumps To 1.8% In 2017, Lowest In A Decade: ILO

“What is now widely recognized is that slow wage growth has become an obstacle to achieving sustainable economic growth,” ILO director-general Guy Ryder wrote in the two-yearly Global Wage Report. Geneva: Global wage grew by 1.8% in 2017, down from 2.4% in 2016 and the slowest rate since the global financial crisis in 2008, the […]
Stocks Dragged Lower As AAPL Tumbles After Supreme Court Headlines

Stocks Dragged Lower As AAPL Tumbles After Supreme Court Headlines

Apple shares have tumbled into the red after reports that the Supreme Court sounds open to allowing a lawsuit to go forward that claims Apple has unfairly monopolized the market for the sale of iPhone apps. As AP reports, the court has heard arguments in Apple’s effort to shut down an antitrust lawsuit. Chief Justice John Roberts […]
What Next For Crude Oil Ahead Of OPEC Meeting?

What Next For Crude Oil Ahead Of OPEC Meeting?

The price of crude oil has been in free fall since October. The price of Brent has dropped from a YTD high of $86 to a YTD low of $58.6. This decline has been caused by a number of factors. First, the impacts of Iran’s exit to the oil market have been limited. This is […]
Indian E-Logistics Startup Delhivery Delays IPO Plans

Indian E-Logistics Startup Delhivery Delays IPO Plans

According to the FY18 Economic Survey, India’s logistics industry is expected to grow at a compounded annual growth rate of 10.5% from $160 billion in 2018 to $215 billion by 2020. Indian E-commerce logistics startup Delhivery has pushed back its plans for a $350 million IPO and is now looking to raise funding. Delhivery’s Journey Gurgaon-based […]
4 Defense Stocks Up More Than 8% On A Year-To-Date Basis

4 Defense Stocks Up More Than 8% On A Year-To-Date Basis

U.S. defense stocks have been witnessing a solid rally over the past couple of years. Rising geopolitical tensions across the globe along with President Trump’s supportive policy reforms remain the major drivers for this space.  Interestingly, while the recent geopolitical tussle between the United States and some of its long-standing opponents has been a growth […]
US Dollar Clings Onto Gains At Start Of Key Week

US Dollar Clings Onto Gains At Start Of Key Week

The US Dollar (via the DXY Index) has started the week off on slightly firmer ground, up by less than +0.1% at the time this report was written. The return of liquidity to markets has produced cautious trading conditions as some of the pre-holiday week issues continue to linger: Brexit appears ready to go off […]
Morgan Stanley Breaks Consensus, Downgrades US Stocks To Sell

Morgan Stanley Breaks Consensus, Downgrades US Stocks To Sell

The decoupling is over for the US economy and its stock market according to Morgan Stanley which has long held a bearish outlook on the US, but overnight officially downgraded US stocks to “sell”, expecting the S&P to end 2019 at 2,750, while double upgrading emerging market to overweight. In a note released by Morgan Stanley […]