Tag Archives: show

Market Stumbles Show Traders Already Think We’re in Late Cycle

Evercore ISI’s DeBusschere Says Short Rates Are Attractive Relative to Equities Maybe Caterpillar was right. What if this is as good as it gets? The industrial bellwether’s famous grouse, of course, referred to its own earnings. But signs are mounting that the sentiment might apply more broadly, that current cycles for everything from financial assets to credit conditions and even the ... Read More »

Take guard! MACD charts show these 42 stocks are set to tumble

Stocks that saw bearish crossovers in Monday’s session were Gammon Infra, Karnataka Bank and Aban Offshore among others. NEW DELHI: NSE’s Nifty50 index settled just 34 points shy of the magical 11,000 mark on Monday, as the broader market continued to march on. But momentum indicator Moving Average Convergence Divergence, or MACD, signalled bearish crossovers on 42 counters on NSE. ... Read More »

Snapchat Launches Self-Serve Advertising, Facebook Videos Show Their Power

Social media can be an extremely powerful tool for small businesses trying to convince customers to buy their products. Under that umbrella, advertising on social media can make it even easier to reach a wider range of potential customers. And this week, social media advertisers got some welcome news in the form of a new self-serve advertising option from Snapchat. ... Read More »

Plunging oil prices show OPEC has lost its grip on the market

OPEC is widely expected to extend production cuts that initially boosted oil futures above $50, but prices just keep falling. That raises concerns that oil prices could struggle to return to their 2017 highs in the mid and upper $50s even if the Organization of the Petroleum Exporting Countries carries over the output reductions through the second half 2017 when ... Read More »

China’s November home prices show government curbs starting to cool sharp rally

China’s property market slowed further last month, with average new home prices in the nation’s 70 major cities cooling from October as a raft of government curbs appeared to discourage speculative demand. New home prices rose 0.6 percent month-on-month, slowing from October’s 1.1 percent, according to Reuters calculations from data issued by the National Bureau of Statistics (NBS) on Monday. ... Read More »

UK manufacturing picks up in September, ONS figures show

Manufacturing growth sped up in September, as UK factories continued to pick up from a sharp post-referendum drop, official figures show. Output from manufacturers rose by 0.6% last month, up from 0.2% in August and a 0.9% fall in July, according to the Office for National Statistics (ONS). Drug makers and factories carrying out repairs grew strongly, it said. However, ... Read More »

UK trade deficit widens in September, official figures show

The UK trade deficit widened to £5.2bn in September from £3.8bn in August, the Office for National Statistics (ONS) said. Exports decreased by £0.2bn, while imports increased by £1.2bn. The widening between imports and exports was in part driven by a record £8.7bn deficit with the European Union. Although the pound fell sharply after the Brexit vote, the ONS said ... Read More »

UK retail sales show little sign of post-Brexit vote slowdown

British retail sales softened only slightly in August after a bumper July, suggesting June’s vote to leave the EU has had little impact on shoppers’ willingness to spend, official figures showed on Thursday. Spending by shoppers has been largely robust in the wake of June’s referendum decision to leave the European Union, despite consumer sentiment initially suffering its sharpest monthly ... Read More »

Exclusive – BMW bosses to skip Paris show to thrash out electric car strategy

BMW’s (BMWG.DE) management board is skipping the Paris Motor Show to hold talks aimed at breaking a deadlock over whether to produce new electric cars, including a battery-powered Mini, sources familiar with the matter told Reuters. Spurred on by the success of U.S. rival Tesla (TSLA.O), which has received almost 400,000 pre-orders for its Model 3 car, German carmakers Mercedes-Benz ... Read More »

5 charts that show the UK economy is in the middle of a ‘lost decade’

The damage wrought by the financial crisis on the UK economy has been immense – and bigger than just about anyone feared seven years ago. Previous recessions in the 1990s, the 1980s and the 1970s were followed by periods of relatively rapid above-trend growth as the natural resilience of the economy kicked in. But not this time. In almost every ... Read More »