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Asian Shares Boosted by Fed Signals; Trump to Meet with Top Advisors over Tariffs

U.S. President Donald Trump is expected to meet with top trade advisors on Thursday to discuss planned December 15 tariffs on some $160 billion in Chinese goods, three sources familiar with the plans said, according to Reuters, as markets braced for potential negative impacts...
FX Empire | December 12, 2019 |

GBP/USD – Pound Gaining Ground as Boris Holds Lead in Polls

It’s Election Day across the U.K, and millions of voters will determine what happens next with the Brexit saga, which has lasted three years. If Prime Minister Johnson can win an outright majority, the British pound could respond with significant gains. ...
FX Empire | December 12, 2019 |

Gold Market Update: Metal Up, Dollar Down

Technical expert Clive Maund charts the reasons the precious metals have entered a bull market. Gold is now a major bull market, as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might r...
Streetwise Reports | January 2, 2020 |

What A Brave S&P 500 Bulls’ Move!

Today’s article will dive deep into yesterday’s market action, including the aftermarket one. After another dreadful weekly unemployment claims report coming in at well over 5000K, the S&P 500 obliged lower, yet came back after two bouts of heav...
Monica Kingsley | April 17, 2020 |

Buzz on the Bullboards: Hot Sector Highlights

It has been a hot few weeks recently for most of North America, both for the weather and for investor discussion! The markets faced a rate cut in the US, ongoing trade disputes, a high for gold prices, and a potential bounce-back for the cannabis sector. Much of the d...
Omri Wallach | August 8, 2019 |

Ohio Industrial Packaging Maker Greif Records 24% Growth in Q3 Revenue; Shares Trading 14% Higher

Shares of global industrial packaging manufacturer Greif Inc. are trading 14% higher today after the company announced Q3/19 earnings. Industrial packaging products manufacturer and services provider Greif Inc. (GEF:NYSE) yesterday announced third quarter 2019 ear...
Streetwise Reports | August 30, 2019 |

Ardelyx's Shares Soar 65% as Tenapanor Phase 3 Study Hits the Mark

Clinical-stage specialized biopharmaceutical company Ardelyx announced positive results today for its phase 3 AMPLIFY study for tenapanor aimed at improving treatment for cardiorenal diseases. This morning clinical-stage biopharmaceutical developer of medicines for th...
Streetwise Reports | September 4, 2019 |

Will Draghi’s Swan Song Revive the Eurozone? And Gold?

It was a hot monetary policy meeting yesterday. Faced with slow inflation and bleak growth, the ECB eased again, delivering a fresh stimulus package. What does it mean for the gold market? ECB Strikes Back in Response to Subdued Inflation Amid the continued shortfall ...
Arkadiusz Sieron | September 13, 2019 |

Events that Shook the Global Financial Markets in 2019

It was another big year for the global financial markets that culminated in a phase 1 trade agreement and assured Britain’s departure from the EU. Bob Mason It was yet another spectacular yea...
FX Empire | December 30, 2019 |

Have the Stock Bulls Really Sealed the Short-Term Crack in the Dam?

Stocks again made a new intraday 2020 high yesterday, but the bulls were stopped just a point shy of the 3395 mark. Has yesterday’s increase invalidated our reasons to be cautious and take profits off the table? In other words, can we expect the bulls to push t...
Monica Kingsley | February 20, 2020 |
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