Trending Articles

US Close – Earnings, Netflix, IBM, Oil slumps, Gold shines and Bitcoin’s resilience

US stocks finished lower on soft earnings and as trade talks between the world’s two largest economies hit a roadblock on how to ease restrictions on Huawei.  Asia markets are likely to see a soft open as better than expected earnings from the first batch of S&P 500 companies is not providing a ...

Artificial Intelligence And The Music Industrial Complex

AI could easily compose a Vivaldi-like (Italian Baroque) piece that, if used as transitional music in a documentary or under dialogue and sound effects, would more than do the job. Could a lifelong, professional musician tell that piece was written by AI? Maybe. It depends on too many factors to g ...

US Open – Netflix misses, Iran seizes a vessel, Silver gains on gold, Bitcoin eyes $10,000

As earnings season picks up, the majority of early corporate profit reports are coming in better than expected, but US stock index futures are being weighed down on faltering trade talks between the US and China.  President Trump reiterates his complaint that his Chinese counterpart is not deliver ...

Morgan Stanley quarterly profit falls 10%

Morgan Stanley (MS.N) reported a 10% fall in quarterly profit on Thursday as low market volatility crimped trading and advisory revenue. The bank said earnings attributable to Morgan Stanley fell to $2.20 billion, or $1.23 per share, in the second quarter ended June 30, from $2.44 billion, or $1.30 ...

The Watch List with OANDA on TD Ameritrade Network

From the Nasdaq, The Watch List panel: Stratas Advisors’ Ashley Petersen and OANDA’s Ed Moya discuss the impact of the US-Iran tension on oil prices and why they see potential upside in the energy sector. Listen below: Ed Moya on TD Ameritrade Network ...

Daily Markets Broadcast 2019-07-18

Daily Markets Broadcast 2019-07-18 Wall Street slides on weak earnings reports US indices extended declines to a second day yesterday after earnings reports from the banking sector disappointed. Oil prices slid despite a drawdown of inventories while gold surged on a weaker US dollar.   US30USD D ...

Gold eases from two-week high on profit-taking after Fed-driven rally

Gold fell on Thursday as investors booked profits after the metal hit a two-week high earlier in the session on increased expectations of a dovish monetary policy stance from the U.S. Federal Reserve. Spot gold slipped by 0.28% to $1,422.6 an ounce. Prices had jumped about 1.5% in the previous sess ...

Mnuchin Says No Change to U.S. Dollar Policy ‘As of Now’

Treasury Secretary Steven Mnuchin said there is no change in the U.S.’s dollar policy “as of now” but wouldn’t rule out a shift at some stage in the future. There has been “no change to the dollar policy,” he said during an interview Thursday following a Group of Seven finance ministers ...

Futures edge lower as Netflix tumbles

U.S. stock futures slipped on Thursday after streaming pioneer Netflix posted its first drop in U.S. subscribers since 2011, kicking off earnings for the so-called FANG group on a sour note. Netflix Inc (NFLX.O) sank 11.2% premarket as it also missed targets for new subscribers overseas at a time w ...

European update – Markets, UK, gold, oil, bitcoin

Earnings weigh on sentiment We’re facing another day of negative stock markets on Thursday, as earnings season gets off to the tough start that many anticipated. Source – Thomson Reuters Eikon Netflix became the latest company on Thursday to face an investor backlash as subscribers rose at ...

Business Breakfast with OANDA on Jazz FM

OANDA Senior Market Analyst Craig Erlam joins Jazz FMs Michael Wilson to discuss Netflix, Amazon, Carney’s failed IMF bid and Housing. US Open – Netflix misses, Iran seizes a vessel, Silver gains on gold, Bitcoin eyes $10,000Posted 30 minutes ago Gold eases from two-week high on profit-ta ...

No-deal could cause £30bn economic hit

Public borrowing could double next year if there is a no-deal Brexit, the country’s spending watchdog says. The Office for Budget Responsibility (OBR) said borrowing would be almost £60bn if the UK leaves without a deal – up from £29.3bn if it does get a deal. The watchdog said this scenario ...

Tech Talk for Thursday July 18th 2019

Pre-opening Comments for Thursday July 18th U.S. equity index futures were mixed this morning. S&P 500 futures were down unchanged in pre-opening trade. Index futures were virtually unchanged following release of economic news released at 8:30 AM EDT. Consensus for Weekly Jobless Claims was an inc ...

Equality of opportunity is a choice

Tony Atkinson, the great British economist, encourages us to think of inequality as a choice, something that can be influenced by public policy. If this is the case for equality of outcomes, then it is surely also so for equality of opportunity; the significant differences in social mobility betwee ...

EUR/GBP – Brexit fears weigh on sterling (video)

OANDA Senior Market Analyst Craig Erlam gives his views on EURGBP and why the rally continues to stall despite recent Brexit fears hitting the pound. ...

Aussie higher after jobs data

  Details better than headline On the headline, the June employment report for June didn’t look too impressive, with a mere net 500 jobs added in the month. However, drilling down into the details showed that 21,100 full-time jobs made up the total with a loss of 20,600 part-time ones. The rest ...

ADP Canada National Employment Report

Employment in Canada increased by 30,400 jobs from May to June according to the June ADP® Canada National Employment Report. Broadly distributed to the public each month, free of charge, the ADP Canada National Employment Report is produced by the ADP Research Institute®. The report, which is der ...

Tech Talk for Wednesday May 22nd 2019

Pre-opening Comments for Wednesday May 22nd U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points in pre-opening trade. The Canadian Dollar was virtually unchanged at U.S. 74.67 cents following release of March Canadian Retail Sales at 8:30 AM EDT. Consensus was an ...

Paradigm Capital trims target on Kinaxis, maintains “Buy”

Paradigm Capital analyst Kevin Krishnaratne likes the look of supply chain management software company Kinaxis (Kinaxis Stock Quote, Chart TSX:KXS) after its first quarter earnings came in with a bottom line beat. In an update to clients Monday, the analyst dropped his 12-month target from C$100.00 ...

Why Electrified Transportation Needs Microgrids

Government officials in Montgomery County, Maryland don’t have to speculate about the importance of energy resilience. In 2012 a derecho hit the mid-Atlantic, leading to the deaths of 13 people. The derecho also caused extended power outages for more than 250,000 residents, and this combined wit ...