Comcast (CMCSA) published an announcement that Comcast has prevailed with the highest offer price in the auction to acquire the entire issued and to be issued share capital of Sky (SKYAY) with an offer price of GBP17.28 per Sky share.
September 23, 2018
The official start of Fall and the Harvest Moon greet markets as they grind into third quarter end and look for the next spice to add to the ongoing rally back in risk. There is a common origin for the act
USDCAD broke below 1.2887 support, suggesting that the downside movement from 1.3385 has resumed. A further decline could be expected in a couple of weeks and next target would be at 1.2800 area. Near term resistance is at 1.3000, a
Prediction Machines: The Simple Economics of Artificial Intelligence (Harvard Business Review Press, 2018) by Ajay Agrawal, Joshua Gans, and Avi Goldfarb, all chaired professors at the University of Toronto’s Rotman School of Management, is an excellent introduction to the opportunities and
First, a review of last week’s events: EUR/USD Recall that most experts (55%) had voted for the further growth of the pair and its transition to the zone 1.1745-1.1845. This forecast turned out to be 100% true, and the pair
AT40 = 52.7% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 56.7% of stocks are trading above their respective 200DMAsVIX = 11.8Short-term Trading Call: neutral The stock market is not quite out the (short-term) woods yet. Last Wednesday I pointed out
For now nine weeks running, Gold’s weekly settle has neither exceeded 1191 on the downside, nor 1223 on the upside: that is a week-to-week closing range for two months spanning just 2.7% from low-to-high, or a mere 32 points. Think
The oil and gas industry as a whole continues to perform well, primarily due to strong Brent crude prices. We have also seen events such as President Trump’s proxy war on Iran continue to make headlines as well as the
The Australian dollar bounced from the lows as the US tariffs came and markets accepted them in stride. What’s next? A light calendar leaves the focus to further trade developments. Here are the highlights of the week and an updated technical analysis for
Steve Bannon, who claims to have helped President Trump draft the battle plan for the ongoing trade war, says that Trump’s strategy is to make the conflict “unprecedentedly large” and “unbearably painful” for Beijing, according to an exclusive interview with the South China Morning
