Posts belonging to Category stock exchange



Global economic releases today. … Jargon, Comments, About. Search: Current Forex Market SessionClick a city for session articles. London · New York · Sydney · Tokyo. GMT. RSS · Twitter · Facebook · Google · LinkedIn · Financial  … http://www.forexlive.com/ ...Sat., 21 October 2017

U.S. Oil Production Is Surging

The World’s Top Crude Trader Sees Brent Crashing To $45

The world’s largest oil trader sees the price of the Brent barrel falling almost $14 to $45 in 2018, from its current price of $58.01, according to Ian Taylor, CEO of Vitol Group.

Taylor is predicting a surge in oil production from US drillers—an event that would likely drag oil prices downward in 2018 to $45 per barrel.

Despite the general optimism in the industry regarding oil prices, Taylor sees this optimism as false hope.

http://www.oilprice.com…  Fri  20  October 2017

Chinese Fintech Qudian listed at Wall Street

Chinese online small consumer credit provider Qudian debuts on NYSE

Chinese online small consumer credit provider Qudian Inc. made its debut on the New York Stock Exchange (NYSE) on Wednesday, trading under the ticker symbol of “QD”. Qudian priced its initial public offering of 37,500,000 American depositary shares (ADSs) at 24.00 U.S. dollars per ADS for a total offering size of approximately 900.00 million dollars, assuming the underwriters do not exercise their option to purchase additional ADSs. Each ADS represents one Class A ordinary share. Of the total 37,500,000 ADSs offered, 35,625,000 ADSs are being offered by the Company and 1,875,000 ADSs are being offered by selling shareholders.

http://www.xinhuanet.com…  Thu.,  19  October 2017

BREXIT will hit strongly The City

Brexit may lead to half of City’s EU workers leaving UK

More than half of EU nationals currently working in investment management in the UK are not confident they will continue working in the country after Brexit, a report from the CFA Society UK reveals.

CFA UK’s survey of 1,100 professionals found that City workers regardless of nationality feel their job security is under threat as a result of Brexit, with just 43% of EU nationals and 52% of non-EU international employees feeling their job is secure. By comparison, 60% of British national respondents feel that their job is secure. According to CFA UK, the respondents’ views “are likely to have been impacted by their sense of job security in the current climate”.

http://www.investmentweek.co.uk…  Wed.,  18  October 2017

Airbus backs up Bombardier in a fight against Boeing

Airbus to Buy Majority Stake in Bombardier C Series Jet Program

Airbus SE agreed to acquire a majority stake in Bombardier Inc.’s C Series jetliner program and will start assembling them in the U.S., vaulting a technologically advanced but slow-selling plane onto the front lines of the battle with Boeing Co. over global aircraft sales. Without putting up a dime at closing, Airbus will take just over half of a partnership controlling the C Series. The European planemaker’s marketing muscle boosts the viability of the all-new aircraft after more than $6 billion in development costs forced Bombardier to rely on government assistance.

The deal also thrusts Airbus into the middle of a bitter trade spat between the Canadian manufacturer and Boeing. Following a Boeing complaint that Bombardier sold 75 of its C Series jets to Delta Air Lines Inc. for “absurdly low prices,” President Donald Trump’s administration slapped the aircraft with import duties of 300 percent in recent weeks — roiling U.S. relations with Canada and the U.K., where Bombardier makes the plane’s wings.

http://www.bloomberg.com…  Tue.,  17  October 2017

Stocks: Do lower interest rates justify higher valuations?

Warren Buffett says stock valuations make sense with interest rates where they are

Billionaire Warren Buffett told CNBC on Tuesday stock market valuations make sense with interest rates where they are. Rates have been a “powerful factor” in equities values, he said. The chairman and CEO of Berkshire Hathaway, who appeared on CNBC’s “Squawk Box,” said stocks are going to outperform bonds.

“I can’t remember any decision we ever made based on the Fed,” Buffett said, stressing he buys shares of companies he likes rather than playing the overall market.

But Buffett said Berkshire is holding off selling investments until he sees how the GOP tax reform efforts play out in Washington.

http://www.cnbc.com…  Mon.,  16  October 2017

Bitcoin Reaches All Time High

Bitcoin’s Price Peaks Past $5800

The price of bitcoin has finally surpassed the $5K territory after a few teases this past spring and summer. During the earlier hours of October 12, bitcoin’s market value spiked past the $5,000 range and has reached an all-time high of $5846 per BTC across popular global exchanges. Bitcoin’s pathway to $6K is within sight.

https://news.bitcoin.com…  Fri.,  13  October 2017

Asia stocks reach 10-year peak

Federal Reserve showed a more guarded view towards inflation

Asian stocks reached a 10-year high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a more guarded view towards inflation. Spreadbetters expected a mixed start for European stocks, forecasting Britain’s FTSE to open down 0.05 percent, Germany’s DAX to start 0.03 percent higher France’s CAC to open flat. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.55 percent and at its highest since December 2007.

Japan’s Nikkei was up 0.4 percent after brushing 20,994.40, its highest since November 1996. South Korea’s KOSPI added 0.55 percent to mark a fresh record peak and Hong Kong’s Hang Seng scaled a decade-high. Asia took cues from Wall Street, where major indexes rose to yet another set of record closing highs overnight following a report that a market-friendly candidate was being pushed as successor to Janet Yellen at the helm of the Fed.

http://www.reuters.com…  Thu.,  12  October 2017

Same day delivery competition

Walmart is zeroing in on Amazon’s biggest weakness

Amazon.com has done a lot of things exceptionally well over its 22-year history. The company’s whopping market value and constant growth are testaments to its strategy of customer obsession, breakneck innovation, and its “Day 1” philosophy.

But of all the strategic decisions the company has made in its history, none has had a bigger impact than Prime. Launched in 2005, the all-inclusive loyalty program offers members free video streaming, access to the Kindle Lending Library, music streaming, and several other ancillary benefits from $99/year. But the biggest one is clearly free, two-day shipping on millions of items.

With Prime, Amazon solved the two biggest obstacles to online shopping: it eliminated pesky shipping fees and long delivery times, which were often a week or longer in the early days of e-commerce. Over the years, Amazon has stuffed Prime with more and more benefits, making it a nexus of competitive advantages that no other company, retailer or otherwise, can match.

http://www.businessinsider.com…  Wed.,  11  October 2017

Pioneer of behavioural economics awarded

Richard Thaler Nobel prize 2017 in economics

One of the founding fathers of “nudge” theory, which has helped boost British tax receipts and encouraged smokers to become vapers, has been awarded the 2017 Nobel prize for economics. Richard Thaler co-wrote a bestselling book on the nudge concept read by politicians around the world and soon had them embracing the notion that people can be influenced by prompts – such as changing the wording of tax demands – to alter their behaviour.

As well as tweaking the sentences in tax reminder letters to increase HMRC takings, Thaler’s branch of economics has influenced Theresa May’s announcement of an “opt out” policy for organ donations where it is presumed that people wish to donate body parts unless they state otherwise. The Department of Health has also adopted nudge principles in its approach to e-cigarettes.

http://www.theguardian.com…  Tue.,  10  October 2017