Posting its second annual gain in a row, oil prices closed 2017 up more than 12%. Keeping up the momentum, the commodity got off to a strong start this year with the West Texas Intermediate (WTI) crude futures climbing 7.1%
March 10, 2018
The US dollar had a mixed week amid hopes for peace in the Korean peninsula, fears of trade wars and also a mixed jobs report. What’s next? Markets will be digesting the latest news from a busy week before focusing
Tianjin Tasly Pharma (SHA: 600535) is in talks to IPO its biopharma division in Hong Kong later this year with the goal of raising $1 billion (see story). If it happens, the IPO will probably be Hong Kong’s largest biopharma IPO this year. Tasly,
Global financial markets slumped this week after the US imposed steel and aluminium tariffs on exports. However, markets worldwide pared the losses on Friday amid robust US jobs data. Data from the U.S. Labor Department revealed that the nation had added
When politicians run out of good arguments, their last refuge is often the claim that what they want is “necessary for national defense.” Given that there are no economic arguments in favor of tariffs, it makes sense that the administration has resorted to the political “national
Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) announced that the Odyssey Outcomes trial met its primary endpoint, showing Praluent Injection “significantly reduced” the risk of major adverse cardiovascular events in patients who had suffered a recent acute coronary syndrome event, such
As I noted last Tuesday: “Turning points in the market, if this is one, are extremely difficult to navigate. They are also the juncture where the most investing mistakes are made. Over the last several weeks, I have been providing constant prodding to
People are still losing their minds over “passive investing”. Here’s the CEO of a high fee fund management company complaining: “Passive investors don’t engage the market with finely tuned attention to each company. They don’t help allocate capital specifically to well-run companies
Fundamental Forecast for Gold: Bullish Gold defends monthly open support post-NFP; near-term outlook constructive Gold prices are poised to close the week fractionally high with the precious metal trading at 1323 ahead of the New York close on Friday. It’s been
