Business News
U.S. bond market takes looming Treasuries deluge in stride
U.S. government debt supply will likely continue to boom, but bond market investors seem to be taking it in stride.
Month: August 2018
Trading Ideas
Barroso Says Trade Protectionism Is Biggest Risk to Global Economy
Aug.06 — Jose Manuel Barroso, former president at the European Commission, discusses the trade tensions between the U.S. and China, how President Trump should handle the trade deficit, the global economy, the U.S.-European trade relationship, and his outlook for Brexit. He speaks on “Bloomberg Markets: Asia.” …read more […]
Business News
Trump’s trade ‘extortion’ won’t work, China state media says
Chinese state media on Monday lashed out at U.S. President Donald Trump’s trade policies in an unusually personal attack, and sought to reassure investors worried about China’s economy as growth concerns rattled its financial markets.
Business News
Asian stocks trim gains as China swings to red, trade fears weigh
Asian shares pared gains on Monday as Chinese stocks swung into negative territory, driven lower by the escalating Sino-U.S. trade war, though Beijing’s efforts to stop sharp declines in the yuan helped support the currency.
Business News
HSBC first-half pretax profit rises 4.6 percent, second quarter beats estimates
HSBC Holdings Plc said on Monday its pretax profit rose 4.6 percent for the first half of the year, as Europe’s biggest bank showed early progress in its strategy of returning to growth mode after years of restructuring.
Business News
Chinese state media slams Trump for ‘extortion’ in trade dispute
Chinese state media on Monday lashed out at U.S. President Donald Trump’s trade policies in an unusually personal attack, even as they sought to reassure investors about the health of China’s economy as growth concerns roiled its financial markets.
Business News
Chinese state media slams Trump for ‘extortion’ in trade dispute
Chinese state media on Monday lashed out at U.S. President Donald Trump’s trade policies in an unusually personal attack, even as they sought to reassure investors about the health of China’s economy as growth concerns roiled its financial markets.
Business News
Asian stocks cheer move by China’s central bank, but trade war weighs
Stocks across Asia advanced on Monday as China’s efforts to stop sharp declines in its currency and capital flight supported wider sentiment in the region, although the escalating Sino-U.S. trade conflict has capped gains.
Trading Ideas
RPT-WRAPUP 1-China’s stocks waver after latest tariff volley
China’s stock markets swung in and out of negative territory on Monday, the first day of trading after Beijing proposed retaliatory tariffs on $60 billion worth of U.S. goods, the latest shot in an escalating Sino-U.S. trade war. In contrast, shares in Hong Kong opened higher, with the Hang Seng index gaining 0.4 percent. On Friday, the People’s Bank of China said it would require banks to keep reserves equivalent to 20 percent of their clients’ foreign exchange forward dollar sales positions from Monday, in a move to stabilise the …read more […]
Trading Ideas
Oil prices rise after Saudi output dips, U.S. drilling stalls
By Henning Gloystein SINGAPORE (Reuters) – Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. Markets also anticipated … …read more […]
Business News
Oil prices rise after Saudi output dips, U.S. drilling stalls
Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau.
Trading Ideas
Oil prices rise after Saudi output dips, U.S. drilling stalls
SINGAPORE (Reuters) – Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. …read more […]
Business News
China state media attacks Trump on trade in unusually harsh terms
China’s state media on Monday lashed out at the policies of U.S. President Donald Trump in an usually direct attack, accusing him of “starring in his own carefully orchestrated street fighter-style deceitful drama”.
Business News
Oil prices edge up after Saudi output dips, U.S. drilling stalls
Oil prices edged up on Monday as Saudi crude production took a surprising dip in July and American shale drilling seemed to plateau.
Business News
Asian stocks gain on move by China’s central bank, but trade war weighs
Asian stocks rose on Monday after China’s central bank took steps to try to drag the yuan away from 14-month lows, but the tit-for-tat conflict over Sino-U.S. trade hung heavily on markets.