Category Archive: Finance, No picture
Week In Review: Jiangsu Hansoh To Raise Up To $3 Billion In Hong Kong IPO
Hansoh, a China pharma based in Lianyungang, Jiangsu province, has applied to stage an IPO on the Hong Kong exchange (see story). Unlike most companies seeking Hong Kong IPOs, Hansoh is both profitable and established. It claims to be one of the top 30 biopharmas in China, with revenues of $900 million in 2017. Two years ago, when rumors of a Hong Kong IPO […]
Gains Ahead Of The Weekend Lift Dollar’s Technical Tone
The US dollar rose against the major currencies last week. The sole exception was the Swedish krona. More than a third of its 1.15% weekly advance was recorded ahead of the weekend in what appeared to be position-squaring ahead of the September 9 election. The Dollar Index rose 0.25% last week, owing to the pre-weekend gain, […]
What’s Hurting Emerging Markets This Year?
(Video length 00:06:12) On the latest edition of Market Week in Review, Adam Goff, managing director, investment practice, and Sam Templeton, manager, […]
S&P 500 Snapshot: Four Consecutive Days Of Losses
The S&P 500 fell most of the week, ending with a weekly loss of 1.02% and a daily loss of 0.22%. Four of the last five days were losses with Monday barely a gain from last Friday. The index is up 6.52% YTD. The U.S. Treasury puts the closing yield on the 10-year note at […]
Silver – The Most Hated Asset?! Saturday Discussion & Update
Video Length: 00:14:46 Happy weekend everyone! Thanks for tuning in – the title speaks for itself here today.
Tech ETFs Tumble: Should You Buy The Dip?
The hot and soaring technology sector lost its momentum with the start of September. This is especially true as the ultra-popular Select Sector SPDR Technology ETF (XLK – Free Report) has dropped about 2.3% so far this week. The first round of selling came on congressional scrutiny of social media companies and fears of new regulation. Executives […]
August Jobs Report: 201K New Jobs, Unemployment Rate At 3.9%, Better Than Forecast
Friday morning’s employment report for August showed a 201K increase in total nonfarm payrolls, which was better than forecasts. The unemployment rate remained at 3.9%. The Investing.com consensus was for 191K new jobs and the unemployment rate to drop to 3.8%. Here is an excerpt from the Employment Situation Summary released this morning by the Bureau of Labor Statistics: […]
