On December 6, The US Department of Commerce released figures showing a hike in the size of the US trade deficit – its biggest monthly rise for more than one-and-a-half years. Looking forward, there appears to be little hope that
December 7, 2016
Written by Bryan Perry …Some very high-profile market gurus – namely DoubleLine’s Jeff Gundlach and legendary value hedge fund manager Stanley Druckenmiller – are predicting 10-year Treasury yields will rise to 6% by 2018 and GDP growth will reach the same
OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ16 +0.01%) are up +0.02% and European stocks are up +1.01% at a 7-1/4 month high on optimism the ECB will prolong QE. Expectations are for the ECB at its monthly meeting tomorrow to
In what may be the latest example of unintended irony, shortly after the October 7 pound sterling flash crash, which saw the UK currency plunge by more than 9% against the dollar, falling from $1.26 to $1.14, in about 40
Apple Inc. (NASDAQ:AAPL) revealed some subscription numbers about its Apple Music service this morning, and its growth rate is very impressive.
A settlement agreement between the California Department of Toxic Substances Control and Apple Inc. (AAPL) was filed in Santa Clara County Superior Court by the California Attorney General’s Office on behalf of DTSC. Apple has agreed to pay $450,000 to
Below is the Options Liquidity chart. Note the solid red mountain chart in the middle that shows a very high level of Inflowing Liquidity coming in. Next, look at the top part of the chart which shows a mixed plus
While OPEC production cuts could slow the plunge of Nigerian naira, the real headwinds are ahead, thanks to the impending Fed rate hike, the incoming Trump administration, and US dollar as the new fear index. In Africa, some 14 countries
The Competition and Markets Authority has imposed a record GBP 84.2M fine on the pharmaceutical manufacturer Pfizer (PFE), and a GBP 5.2M fine on the distributor Flynn Pharma after finding that each broke competition law by charging excessive and unfair
Despite all the talk about rising rig counts and the resilience of shale producers, the Energy Information Administration (EIA) is predicting that US production of both oil and natural gas is set to fall. In fact, for natural gas, this
