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Strong U.S. retail sales boost economic outlook
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from…
Jul 16, 2019 12:37 UTC Read More

US Treasury yields tick higher after strong retail sales data
U.S. government debt yields rose slightly on Tuesday after the release of stronger-than-expected economic data.
Jul 16, 2019 07:31 UTC Read More

Bitcoin And Crypto Suddenly Branded A 'National Security Issue'
Bitcoin and cryptocurrencies have been thrown into the limelight by social media giant Facebook's plans to launch its own private cryptocurrency next year, with…
Jul 16, 2019 07:00 UTC Read More

PRECIOUS-Gold little changed; U.S. retail sales data in focus
Gold prices were little changed in early Asian trade on Tuesday as investors awaited U.S. retail sales data due later in the day for further clues on policy easing…
Jul 16, 2019 01:32 UTC Read More

Trump signs order to make American-made goods more American
President Donald Trump signed an executive order Monday that will require federal agencies to purchase products using more American components.
Jul 15, 2019 21:42 UTC Read More

Is an 'Earnings Recession' on the Horizon?
Is the market rally justified? Corporate earnings are at the lowest level this year. We might be heading into an "earnings recession."
Jul 15, 2019 18:17 UTC Read More

Violent sex offender accused of raping elderly woman in New York
Brighton, N. Y. (WHAM) - A man registered as a violent Level 3 sex offender was arrested on rape charges in Brighton, New York. James Pascalar, 63, was…
Jul 15, 2019 17:10 UTC Read More

Trump and Fed Chair in Agreement on Facebook's Cryptocurrency
While it seems U.S. President Donald Trump and the Federal Reserve are at odds when it comes to interest rate policy, it appears they are in agreement when it…
Jul 15, 2019 14:32 UTC Read More

'Carried him out in a body bag': Woman says man overdosed, died on airplane
The former California state director for the Drug Policy Alliance is calling for airlines to carry the anti-overdose drug naloxone after she says a man overdosed in…
Jul 15, 2019 13:37 UTC Read More

US Treasury yields hold steady following biggest weekly climb in three months
U.S. Treasury yields paused a sharp climb on Monday after the 10-year note posted its biggest weekly climb since April following better-than-expected inflation…
Jul 15, 2019 08:57 UTC Read More

WATCH: Why the Fed chief is concerned about Facebook's Libra
Ovex CEO Jonathan Ovadia talks to Business Day TV about the Jerome Powell's view of cryptocurrencies.
Jul 15, 2019 07:02 UTC Read More

The Fed and the markets are challenged by elections, trade and geopolitics
The U.S. Federal Reserve always finds it impossible to keep monetary policy out of the election cycle maelstrom, but it would do well to stick to its mandate and…
Jul 15, 2019 06:52 UTC Read More

Central banks tossing grenades rather than firing bazookas Business News
HONG KONG: Central bankers readying to fight another economic downturn are tossing hand grenades rather than firing bazookas.
Jul 15, 2019 05:20 UTC Read More

The Bond Market May Be Staring at a Major Inflection Point
Fed Chairman Jerome Powell basically confirmed a rate cut is coming and yields rose. That's not good. Also, an announcement.
Jul 15, 2019 04:01 UTC Read More

What Trump's Bitcoin Tweet Changes
Let's be clear: It was not the substance of Donald Trump's tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that…
Jul 15, 2019 04:00 UTC Read More

FOREX-Australian dollar strengthens on encouraging Chinese data
The Australian dollar strengthened on stronger-than-expected economic data from China, which some analysts saw as signalling that moves aimed at reviving…
Jul 15, 2019 03:35 UTC Read More

Central bank politicisation of growing concern
Even the US Federal Reserve and the European Central Bank are no longer immune to pressure from governments.
Jul 15, 2019 03:35 UTC Read More

July 15, 2019 The hidden reason why Fed Chairman Powell and "systemically important" banks oppose a gold standard
By Mike Gleason web posted July 15, 2019. Chairman Jerome Powell's testimony last week was closely scrutinized not just for its economic implications but also…
Jul 15, 2019 03:06 UTC Read More

Dollar marks time ahead of key Chinese economic data
The dollar stayed on the defensive on Monday, pinned down by expectations of a Federal Reserve rate cut this month, as traders in Asia waited for the latest…
Jul 15, 2019 00:30 UTC Read More

AMP falls 8.8pc to all time low
AMP also announced this morning that it is unlikely to pay an interim dividend for the first half of the current year, when it this morning announced the AMP Life…
Jul 15, 2019 00:30 UTC Read More

Dollar marks time ahead of key Chinese economic data
The dollar stayed on the defensive on Monday, pinned down by expectations of a Federal Reserve rate cut this month, as traders in Asia waited for the latest…
Jul 15, 2019 00:24 UTC Read More

Fed supports "buy everything" mantra': US earnings now to test the bull market
Wall Street equities ended the week with the wind at their back, registering *fresh* record highs, while other global stock markets remain around year-to-date highs…
Jul 14, 2019 23:02 UTC Read More

[email protected]: ASX set to slide at the open despite 'buy everything' mantra
The Australian sharemarket is tipped to start the week trading lower despite Wall Street reaching a *fresh* record high on Friday.
Jul 14, 2019 21:52 UTC Read More


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