Category Archive: Finance, No picture
E Sunday File And Double Dutch
The Monday Barron’s was short on closed-end fund data but long on Royal Dutch Shell, a dual national share which trades no less than 4 ways in the USA. On the Big Board, we have RDS-A and RDS-B, respectively the Dutch and British versions of the share, both equal to two shares in Europe. Your broker may use something other […]
Weight Watchers Falls Despite Raising Full-Year Guidance
CNBC’s Leslie Picker reports quarterly earnings from Weight Watchers.
GBP/USD Rate Eyes Fresh 2018-Lows As Bearish Series Takes Shape
BRITISH POUND TALKING POINTS The British Pound extends the decline following the Bank of England (BoE) meeting, with GBP/USD at risk of exhibiting a more bearish behavior over the days ahead as it carves a series of lower highs & lows. GBP/USD RATE EYES FRESH 2018-LOWS AS BEARISH SERIES TAKES SHAPE Renewed fears surrounding Brexit appears to be […]
DXY Index Approaches Consolidation Resistance Near Yearly Highs
Talking Points: – The DXY Index is quickly approaching breakout territory after having traded in a sideways congestion over the past six weeks. – Unless trade war concerns flare up again, there’s nothing meaningful on the calendar until Friday’s July US Consumer Price Index that is of material interest to the US Dollar. – Retail traders are have faded both EUR/USD and GBP/USD losses, […]
Arista To Pay Cisco $400M To Resolve All Pending Litigation
Arista Networks (ANET) disclosed that it entered into a binding term sheet with Cisco Systems (CSCO) which, upon execution of a final agreement, will result in the dismissal of all pending district court and International Trade Commission litigation between the parties. Under the binding term sheet, Arista will pay Cisco $400M by August 20. Cisco […]
U.S. Calendar: The Week Ahead – Monday, August 6
(Video length 00:03:08) Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the week beginning August 6.
The Emergence And Erosion Of The Retail Sales Tax
About 160 countries around the world, including all the other high-income countries of the world, use a value-added tax. The US has no value added tax, but 45 states and several thousand cities, use a sales tax as an alternative method of taxing consumption. John L. Mikesell and Sharon N. Kioko provide a useful overview of the […]
5 ETF Ways To Bet On China’s New Tariff Threats
Trade war fears have once again flared up with China threatening to impose tariff on $60 billion worth of American goods if the United States places more tariffs on Chinese imports. The list includes new 5,207 products including aircraft, soya bean oil, smoked beef, coffee and flour imported from the United States, with charges ranging […]
Will Gold See A Tradable Bounce Off $1200 Support?
There are no two ways about it: 2018 has been an absolutely brutal year for gold bulls. The yellow metal came into the year with some impressive momentum, rallying from around $1240 in mid-December to hit a peak above $1360 by late January, but the proverbial “wheels have fallen off” since then. Gold held up […]
Forget The Trade War Already: China Is Cutting Taxes
The market’s obsession with trade wars may finally be exhausted and priced in. Move on to the next market mover: massive Chinese tax cuts, which should aid the WisdomTree ICBCCS S&P China 500 Fund (WCHN) and the WisdomTree China ex-State-Owned Enterprises Fund (CXSE), our passive ETFs for the country. Sure, China exported $457 billion worth of goods and services to […]
