Today's Markets

US Open – China GDP falls to 6%, Turkey’s win, Brexit Vote looms, Oil rises, Gold stuck in range

US stocks and the dollar little changed in early Friday trade despite a worse than expected third-quarter GDP reading from China and heightened uncertainty regarding how Brexit will unfold over the weekend and a temporary cease-fire between Turkey and Syria.  Asian markets sold off after China’ ...

Macro Briefing | 18 October 2019

Turkey agrees to temporarily halt military operations in Syria: WSJUK Parliament expected to reject Johnson’s new Brexit deal on Saturday: CNBCChina’s Q3 annual economic growth slows to 6.0%–lowest in decades: CNBCA variety of financial risks from climate change are lurking: SF FedHousing sta ...

Tech Talk for Friday October 18th 2019

  European and Emerging Markets move higher Short term breakouts by the Eurozone ETF and the Emerging Markets ETF! Weakness in the U.S. Dollar contributed to their strength   StockTwits released yesterday @EquityClock India ETN $PIN moved above $24.49 extending an intermediate uptrend. Blackro ...

China growth below forecast

  Worst growth on record The Chinese economy grew 6.0% y/y in the third quarter, a slowdown from Q2’s +6.2% and the weakest growth on record going back to 1995. Quarter-on-quarter growth slowed to 1.5% y/y but was in line with economists’ estimates. In the subsequent press conference, the Sta ...

Scary Like Monday Morning

Most of us are probably not as enthused by Monday mornings, as we are waking up late on Sunday mornings; let’s be honest. Another five days, (plus emails and productive out of hours “conference calls”), of graft at the dystopian coal face of the financial markets, lies ahead. Not being a pur ...

Daily Markets Broadcast 2019-10-18

Daily Markets Broadcast 2019-10-18 Wall Street rallies on earnings, Brexit deal US indices closed higher yesterday following more strong banks’ earnings reports. British PM Boris Johnson has done the easy part, negotiating a deal with Europe, now he has the tough task of getting it passed in Pa ...

October 17, 2019

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 % ...

Emerging Markets and the Negative Yield Conundrum for Fixed Income Investors

The flipside of the 30-year bond market rally is that developed market bond yields have been decreasing to record low levels and more recently even into negative territory. This poses a major problem for fixed income investors, which in some cases is materially exacerbated by the high cost of hedgi ...

Painted Pony Announces Asset Sale

CALGARY, Alberta, Oct. 17, 2019 (GLOBE NEWSWIRE) — Painted Pony Energy Ltd. (“Painted Pony” or the “Corporation“) (TSX: PONY) is pleased to announce that it has entered into a definitive agreement to sell a 75% working interest in 11,280 gross acres (8,460 net acres) in the north east Br ...

Arrow Exploration Corp. Announces Management Changes

CALGARY, Oct. 17, 2019 /CNW/ – ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) announces that the Board of Directors has accepted Mr. Bruce McDonald’s resignation from his role as President and Chief Executive Officer and from the Board of Directors of Arrow effective Oc ...