Goldman Sachs made a forecast for S&P 500 to finish the year at 2000 with the following explanation: "Our baseline forecast is that the US economy will grow at a modest pace, earnings will rise, and the S&P 500 index will climb slowly while the P/E multiple declines as interest rates rise...
On Thursday the pound was higher against the U.S. dollar, even after data signaled that manufacturing activity in the U.K. expanded at the slowest rate in three months in September, as investors awaited the release of U.S. economic reports later in the day...
On Thursday the Australian dollar hit one-week high and the New Zealand dollar edged up to two-week highs against their U.S. counterpart, helped by the release of better-than-expected Chinese manufacturing data and as markets awaited upcoming U.S. economic reports...
Thursday saw the yen weaker in Asia trade, as risk appetite improved on steady Chinese economic data and strong stock market performance, spurring a selloff in the Japanese currency...
September 29, 2015 Sovereign Valley Farm, Chile Nearly four months ago on June 2nd, something very unusual happened in Edmonton, Alberta, Canada. The price of propane actually became negative, hitting an unbelievable -0.625 cents per gallon...
Weekly price is on bearish breakdown for crossing Ichimoku cloud border line namely Senkou Span line: the price is located inside Ichimoku cloud for the bearish ranging market condition between 17155 key support level and 19195 key resistance level...
The dollar pushed higher against the other major currencies on Wednesday, after data showed that U.S. non-farm private employment rose more than expected in September and as investors eyed a speech by Federal Reserve Chair Janet Yellen scheduled later in the day...
Platinum futures struggled near the lowest level since December 2008 on Wednesday, as fears that the Volkswagen emissions scandal would reduce demand from the auto sector weighed...
On Wednesday Asian markets recorded one of their worst quarters since the global financial crisis, with the double threat of higher interest rates in the U.S. and China’s slowdown unlikely to slow down heading into October...
Gold futures edged lower on Wednesday, as expectations for a U.S. rate hike in the coming months dampened the appeal of the precious metal. Meanwhile, copper was boosted after positive China data...
On Wednesday the Australian dollar was higher against its U.S. rival, despite the release of downbeat Australian building approvals data. Earlier, data from China showed that consumer sentiment in the world's second largest economy improved in September to its highest level in over a year...
On Tuesday Goldman Sachs trimmed its year-end forecast for the S&P 500, referring to a combination of the slower pace of economic activity in China and the U.S. and a drop in oil prices...
Crude oil futures recovered along with global stock markets on Tuesday, while gold continued its decline...
Bitcoin Direct announced the first version of Bitcoin ATM machine at Las Vegas-based hotel planning to launch around 100 more Mike Tyson Bitcoin ATMs in different parts of the United States. Tyson was also available at the time of launch expressed his excitement with the Bitcoin project...
On Tuesday the Australian and New Zealand dollars dropped against their U.S. counterpart, both re-approaching six-year lows as global growth concerns continued to weigh on sentiment and as expectations for a U.S. rate hike in the coming months supported the greenback...
Earlier today, Callum Thomas, investment strategist at AMP Capital, had a courtesy to remind us why now it is the perfect time for investors to buy...
