Yahoo (YHOO) shares fell Tuesday after the company reported its fourth quarter results and announced a strategic plan to simplify the embattled Internet firm. WHAT’S NEW: Yahoo reported Q4 earni...
The return of risk aversion carried over from US hours and into Asian trade. The sentiment-linked Australian and Canadian Dollars are underperforming, with prices tracking steep declines across regi...
The US dollar is sporting a softer profile today as the global capital markets are trying to stabilize. Oil prices have steadied, with WTI back above $30. Bond markets are narrowly mixed th...
Bank of Japan Governor Haruhiko Kuroda said Wednesday that the central bank has “ample room” to ramp up its easing measures and is ready to cut interest rates deeper into negative territory if nec...
Dear Bank of Japan, how do you spell unintended consequences: PLANNED MARCH SALE OF 10-YEAR JAPANESE GOVERNMENT BONDS THROUGH BANKS TO BE CANCELED AMID EXPECTED BELOW-ZERO YIELDS – NIKKEI JAPAN&...
After an amazing report of Alphabet, Apple was displaced by Alphabet as the most valued company in the world. Yesterday, Alphabet reported revenues and earnings better than expected by analysts and it...
The 18-month plunge in global oil prices continues unabated. The price is now below $28 per barrel, thanks to even more supply streaming in from Iran. The International Energy Agency warns that the o...
The value of the offshore yuan vs. the U.S. dollar continues to sink following a brief intervention respite by Chinese authorities. Yuan Bears Swamp People’s Bank of China China needs to float the y...
S&P 500 The S&P 500 fell rather significantly during the course of the session on Tuesday, testing the 1900 level for support. It did find a bit of support there, so if we can get a bit of a b...
In 2015, the stock market’s valuation was widely downplayed. But why would market watchers do such a thing with the U.S. stock market trading at its richest valuation in more than a decade? Well, in...