Trading Ideas
Year: 2020
Business News
Travel and leisure stocks rejoice on summer holiday hopes
European travel stocks soared on Tuesday amid reports Spain and Germany would ease travel restrictions, and no noticeable increase in infections were reported during the reopening of businesses after a two-month lockdown.
Business News
‘How about next June?’ Small meat processors backlogged as virus idles big plants
Inside the small-scale Iowa abattoir Stanhope Locker and Market, owner Shaunna Zanker yawns with exhaustion as she listens to yet another farmer asking her to slaughter his pigs.
Business News
U.S. small firms leave $150 billion in coronavirus stimulus untapped
When the U.S. government first rolled out forgivable loans to small businesses in early April under the Paycheck Protection Program, loan officers at Bank of the West in Grapevine, Texas worked nights and weekends to process a tsunami of applications.
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Business News
Exclusive: Cathay Pacific’s brand merger hits roadblock from China’s aviation regulator
China’s aviation regulator may make it difficult for Hong Kong’s Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infractions during last year’s pro-democracy protests, two sources said.
Business News
A Florida toy importer braces for retail upheaval
Most U.S. states have begun to reopen their economies, but Jay Foreman, chief executive of Basic Fun, said he’s more worried than ever.
Trading Ideas
Why the stock market is outperforming the economy: Morning Brief
Top news and what to watch in the markets on Tuesday, May 26, 2020. …read more […]
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The Bond Market Thinks It Knows What’s Coming Next From the Fed
(Bloomberg) — The Federal Reserve has already unleashed a barrage of new policies to keep the economy out of depression. Investors reckon it’s lining up another one.The Fed’s version of the strategy known as yield-curve control is expected to involve capping yields on government bonds of a chosen maturity -– by buying however much it takes. For central banks that already cut short-term interest rates to zero, it’s a way to signal that they’ll stay low for an extended period, while helping pin down longer-term borrowing costs too.Japan has been doing this for years, and Australia adopted the idea in …read more […]
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Business News
Israel taps local desalination firm IDE over Hong Kong rival
Israel on Tuesday chose local company IDE Technologies over a Chinese-linked rival to build the country’s largest desalination plant to tackle water shortages in one of the driest parts of the world.
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New York Stock Exchange Floor Reopens, but Not as You Know It
The New York Stock Exchange trading floor reopens on Tuesday with strict new rules. WSJ’s Mark Garrison explains what’s at stake for traders as they return to work at one of the world’s last remaining trading floors during the pandemic. Photo: NYSE …read more […]
Business News
World shares reach 10-week high, S&P 500 eyeing 3000
World shares forged ahead on Tuesday and commodity markets drove higher as well, as investors disregarded Sino-U.S. tensions to focus on more stimulus in China and a re-opening world economy.
Business News
Oil prices climb as faith in supply cuts grows
Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut crude supplies while fuel demand picks up with more cars back on the road as coronavirus lockdowns ease.
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Strong Opportunities in Australian Corporate Credit Market, QIC Says
May.26 — QIC Director of Fixed Income & Absolute Return Beverley Morris says she continues to see strong opportunities in the Australian corporate credit market. She was speaking with Haslinda Amin and Yvonne Man on “Bloomberg Markets: Asia.” …read more […]