Dollar/yen is trading around 109, leaning lower but maintains a safe distance from the critical 108.10 level. What’s next? The team at Credit Suisse sees downside pressure. Here is their view, court...
Shares of Bluebird Bio (BLUE) are up 6% in premarket trading to $104.00 after Gilead Sciences (GILD) announced an agreement to acquire Kite Pharma (KITE) for $11.9B or $180 per share. Juno Therapeutic...
Unprecedented The Gulf Coast and Houston are in our prayers as they face unprecedented challenges in the aftermath of Hurricane Harvey. Hurricane Harvey, the strongest Texas hurricane in 50 years, bro...
EUR/USD Non-Commercials increased their net long positions in the Euro last week buying 9k contracts to take the total position to 88k contracts. While slightly down from recent highs, the EUR long po...
Global markets posted gains in every broad category last week, based on a set of exchange-traded products. Leading the field higher: stocks in emerging markets, closely followed US real estate inves...
Following up on last week’s story that sent grocery – and Wal-mart – stocks tumbling, when Amazon announced it would cut Whole Foods prices as soon as Monday, Bloomberg reports tha...
Is the UK getting closer to a softer Brexit? The government has already “climbed down” from a firm objection to having foreign courts making judgements on British matters. “Blurring the red line...
WTI Crude Oil The WTI Crude Oil market had a very quiet session on Friday as the world waited to see what would happen with the hurricane in Texas. Because of this, I think that the next couple of ses...
We’ll be looking at the week’s key economic events on the financial calendar covering Monday to Thursday. This week starts off sluggish with significant economic event releases but heats up as it ...