The markets are much less confident about Europe and the United States getting back to business ahead of the summer, a Deutsche Bank investor survey showed on Monday, even as some countries begin gradually re-opening their economies.
Spot gold has surged more than 10% this year, reaching an around 7-1/2 year high of $1,746.50 on April 14, as the coronavirus pandemic roiled global markets and central banks unleashed a wave of monetary stimulus. The poll of 37 analysts and traders conducted this month returned a median forecast for gold prices to average $1,639 an ounce in 2020 and $1,655 in 2021. …read more […]
Standard Chartered said on Monday it had agreed with Indonesian conglomerate PT Astra International to sell their stake in Indonesia’s PT Bank Permata to lender Bangkok Bank PCL at a reduced price.
Yahoo Finance’s Brian Sozzi and Alexis Christoforous speak with TruePublic CEO Kaben Clauson on how Americans will spend their money after the coronavirus isolation ends. …read more […]
An extreme situation has developed in the U.S. crude oil futures markets, as the current front-month May contract expiring on Tuesday has dropped by a whopping 40%, opening up the widest gap ever between it and the next contract, nearly $11 a barrel.
Congressional leaders and White House officials are closing in on a new round of funding in order to help those impacted by the COVID-19 crisis. Chris Giamo, TD Bank Head of Commercial Bank, joins Yahoo Finance to discuss. …read more […]
Neiman Marcus is preparing to seek bankruptcy, according to reports, making it the first major U.S. department store operator to do so during the coronavirus crisis. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss. …read more […]
Yahoo Finance’s Brian Sozzi and Alexis Christoforous speak with RJO Futures Senior Market Strategist John Caruso about the oil market turmoil. …read more […]
Plunging U.S. crude oil prices pulled global equity markets lower Monday, kicking off a busy week of data and earnings that will further reveal the economic damage of the coronavirus pandemic.
The Russian energy ministry has told domestic oil producers to reduce oil output by around 20% from their average February levels, two industry sources told Reuters on Monday, which would bring Moscow in line with its commitment under a global deal.
United Airlines said on Monday it expects to report a pretax loss of about $2.1 billion for the first quarter, hurt by a precipitous drop in travel demand from the coronavirus outbreak which has weighed on its investments in Latin America.
Are the dark clouds that have been looming over Wall Street finally dissipating? The recent rally in stocks has generated hope among some investors that this is in fact the case. Driven by strong results from Gilead’s clinical trial evaluating remdesivir, its COVID-19 treatment, as well as President Trump’s plan to reopen the economy, all three of the major U.S. stock indexes wrapped up last week of trading in the green. This marked the first back-to-back weekly gains in over two months.Having said that, one investing guru is wary amid the market’s modest recovery. In a recent note to his …read more […]
In this edition of Beyond the Bong, Trend’s Expert Matthew Carr looks at 3 Pot Stocks to Invest In Today.
Now, with 4/20 here – the high holy day of the cannabis industry – a lot of investors are starting to turn their attention to pot stocks. And we have a number of producers reporting earnings in the coming weeks. But those are just two of the catalysts for the industry.We’re also in the midst of what I call “Pot Smoking Season” here in the U.S. This kicks off every year in March and stretches to September.
We’ll use Colorado’s monthly sales …read more […]
Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Anjalee Khemlani break down the latest news on the coronavirus pandemic. …read more […]
Those holding Royal Caribbean Cruises (NYSE:RCL) shares must be pleased that the share price has rebounded 57% in the… …read more […]
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