Trading Ideas
Year: 2020
Trading Ideas
Aussie Drops, With Traders Cautious on Virus Woes: Markets Wrap
(Bloomberg) — The caution that’s gripped financial markets lately showed no signs of letting up as trading got underway this week, with concern that the coronavirus will hamper growth prospects hitting the Australian and New Zealand dollars. The yen gained.Equity futures indicated a soft start across the Asia Pacific after the S&P 500 Index lost 1.1% on Friday. Over the weekend, finance chiefs and central bankers from the world’s largest economies said they see downside risks to the global economy persisting as supply chains get disrupted from the deadly virus. Japan is shut for a holiday and Treasuries won’t trade …read more […]
Business News
No global digital tax by end-2020 would mean chaos: France
Failure to reach a global deal on where and how much to tax digital giants such as Google , Amazon or Facebook would result in many digital tax regimes emerging all over the world, France’s Finance Minister said on Sunday.
Business News
G20 finance heads eye impact of coronavirus outbreak on growth, see modest pickup
Finance chiefs of the world’s top 20 economies vowed to monitor the impact of the coronavirus outbreak on global growth and act if needed, as they said loose monetary policy and easing trade tensions would prompt a pick-up in 2020 and 2021.
Trading Ideas
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Business News
Japan criticizes U.S. digital tax proposal at G20
Japanese finance minister Taro Aso criticized on Sunday a U.S. tax reform proposal that he said could undermine global efforts to agree new rules on taxing big tech companies.
Business News
G20 finance heads see modest growth pickup, to monitor coronavirus
Finance leaders of the world’s top 20 economies expect economic growth to pick up modestly this year and next thanks to loose monetary policy and an easing of trade tensions, and vowed to monitor the effects of the coronavirus outbreak.
Trading Ideas
Analysts: These 3 Tech Stocks Won’t Stay Under-the-Radar for Long
It’s no secret that the markets had a great year in 2019. The S&P 500 rose 29% by year’s end, and the NASDAQ, with its heavy emphasis on tech stocks, performed even better, growing 35% for the year. In a curious demonstration of uneven gains, just two companies – Apple and Microsoft – accounted for 15% of the S&P’s total annual gains.Are the good times over, though? The markets appear to be slowing so far this year, and analysts are predicting only a 3% to 5% gain by the end of 2020. Headwinds are forming, as the coronavirus outbreak impinges …read more […]
Business News
Amazon in Holocaust row about ‘Hunters’ series, anti-Semitic books
The Auschwitz Memorial criticized Amazon on Sunday for fictitious depictions of the Holocaust in its Prime series “Hunters” and for selling books of Nazi propaganda.
Business News
As Teck oil sands mine hopes for okay from Canada’s Trudeau, 20 other projects on hold
As Canadian Prime Minister Justin Trudeau considers whether to approve Teck Resources’ Frontier oil sands project, roughly 20 others sit on the shelf as companies delay investment decisions hoping for new pipelines and higher prices.
Smart Money
Cabot’s Crista Huff: Undervalued M&A Targets and NFLX as “Coronavirus Defense”
Crista Huff lead analyst at Cabot Undervalued Stocks Advisor, combines a strict fundamental methodology with technical analysis, to identify growth and value stocks whose charts are turning bullish. In this exclusive interview, Crista shares some of […]
Business News
Banned Thai opposition party says junta helped 1MDB cover-up
A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia’s multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister Prayuth Chan-ocha.
Business News
No global digital tax by end-2020 would mean digital tax chaos: France
Failure to reach a global deal on where and how much to tax digital giants like Google, Amazon or Facebook would result in many digital tax regimes emerging all over the world, France’s Finance Minister said on Sunday.