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US: Mixed ISM Supports Case For Early, Modest Fed Easing
Article By: ING Economics
Monday, July 1, 2019 1:40 PM EDT
The ISM manufacturing index, historically one of the best lead indicators for overall economic activity in the US economy, fell again in June although not by as much as feared.
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Why People Hated Me So Much Because Of My Bitcoin Ads
Article By: James Altucher
Monday, July 1, 2019 12:00 PM EDT
In August 2017, when Bitcoin was at $3,500, I went on CNBC and said Bitcoin would be worth $1 million. Then I spent about $60 million on ads.
In this article: BITCOMP
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Five Reasons To Stay Long CAD
Article By: ING Economics
Monday, July 1, 2019 10:13 AM EDT
The Canadian dollar's rally may feel the kickback from re-escalating trade tensions, but the long-term outlook is still positive.
In this article: FXC
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Central Banks Want To Control Cryptocurrencies
Article By: Independent Trader
Monday, July 1, 2019 9:40 AM EDT
Crypto market has again started raising strong emotions among investors. It is worth noting, however, that ongoing works on the digital currencies implementation into financial system look equally interesting.
In this article: BITCOMP
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First Half Asset Class Total Returns
Article By: Bespoke Investment Group
Monday, July 1, 2019 9:33 AM EDT
The S&P 500 (SPY) gained 7% on a total return basis in June, leaving it up 18.37% on the year at the halfway mark.
In this article: QQQ, SPY
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Longbow Downgrades Yum! Brands To Underperform, Sees Taco Bell Slowing
Article By: The Fly
Monday, July 1, 2019 9:27 AM EDT
Longbow analyst Alton Stump downgraded Yum! Brands to Underperform from Neutral, noting that the stock is trading at nearly a 25% premium to its closest quick-service peers despite similar comp growth, unit growth, and leverage.
In this article: YUM Also: CMG
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Eurozone Unemployment Drops Again In May
Article By: ING Economics
Monday, July 1, 2019 8:44 AM EDT
Loan growth and the monetary aggregate M1 indicate continued sluggish growth for the months ahead.
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Trade Optimism Meets Reality Of Disappointing PMI
Article By: Marc Chandler
Monday, July 1, 2019 8:08 AM EDT
A new tariff truce between the US and China, coupled with the North Korean diplomacy and Russia-Saudi tentative agreement boosted investor confidence and sharp equity rallies.
In this article: FXE, FXB, FXY, UDN, SPX
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A Game Of Give And Take
Article By: Mati Greenspan
Monday, July 1, 2019 7:36 AM EDT
Financial markets are in a good mood today after the leaders of China and the United States met over the weekend.
In this article: BITCOMP, SPX, OILB
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Zoom Video Downgraded To Sell From Neutral At Goldman Sachs
Article By: The Fly
Monday, July 1, 2019 7:26 AM EDT
Goldman Sachs analyst Heather Bellini last night downgraded Zoom Video Communications to Sell from Neutral while raising her price target for the shares to $66 from $53.
In this article: ZM Also: SWI, PLAN
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Sensex Ends 292 Points Higher; Tata Motors And Bajaj Auto Top Gainers
Article By: Equitymaster India
Monday, July 1, 2019 7:20 AM EDT
At the closing bell, BSE Sensex ended up by 292 points, while, NSE Nifty ended up by 77 points.
In this article: INDY, EPI, PIN, INDA
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Weekly Market Outlook: OPEC & NFP
Article By: Orbex
Monday, July 1, 2019 6:13 AM EDT
The markets look to a new trading month with a major lineup of economic releases due over the course of the week.
In this article: OILB
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G-20 Truce May Lift Safe-Haven Assets
Article By: Fullerton Markets
Monday, July 1, 2019 5:51 AM EDT
After meeting with Xi, Trump said he would hold off imposing an additional $300 billion worth of tariffs on Chinese imports, a concession Beijing demanded to restart negotiations.
In this article: FXE, FXY, GLD, DJI
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Daily Stock Pick: Cardinal Health
Article By: Fredrik Arnold
Monday, July 1, 2019 5:26 AM EDT
Cardinal's price per share closed at $47.10 Friday. A year ago its price was $49.15.
In this article: CAH
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Thailand: Weak June Inflation Provides More Reasons For A Central Bank Rate Cut
Article By: ING Economics
Monday, July 1, 2019 4:33 AM EDT
Thailand’s consumer price index (CPI) rose by 0.9% year-on-year in May, slower than the consensus of 1.1% (we expected no change from the 1.2% rate of inflation in the previous month).
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Sensex Trades Higher; Automobile Stocks Rally
Article By: Equitymaster India
Monday, July 1, 2019 3:47 AM EDT
Stock markets in India are presently trading higher on strong global cues. The BSE Sensex is trading up by 249 points and the NSE Nifty is trading up by 62 points.
In this article: INDY, EPI, PIN, INDA
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