The hunt for yield is making elements of the U.S. corporate bond market look rather a lot like 2007. The highest-yielding corporate debt, additionally referred to typically as “junk”— due to the borrower’s larger probability of default — sometimes rewards buyers comparatively greater than higher-rated, investment-grade bonds. However, buyers are discovering that the reward for […]
Gold futures climbed to a roughly five-week intraday highs Tuesday, lifted by a weaker dollar. Prices settled Monday at their highest end in a month, as an obvious cease-fire within the commerce skirmish between the U.S. and China softened the buck, which has been the de facto haven amid tariff conflagrations between the world’s largest […]
European shares slid Friday, with shares of steelmakers amongst these hit arduous. The losses got here after President Donald Trump stated he’s imposing tariffs on metal and aluminum imports to the U.S., sparking worries that a international commerce struggle might escape. European politics have been additionally in focus, with British Prime Minister Theresa May outlining […]
Asian shares capped their worst week in years with extra heavy promoting after a late stoop pushed the Dow Jones Industrial Average and S&P 500 into correction territory. Benchmarks in Japan, Hong Kong and Shanghai have been poised to hitch them in falling no less than 10% from their most-recent excessive, with declines Friday in […]
The US dollar was down throughout the board on Thursday because of the launch of uninspiring financial knowledge and a shock rise in Eurozone inflation. The Canadian dollar led the rally after Canada posted some robust GDP numbers.SOURCE: Macro feed – Read complete story here.
Citron Research is bearish on this bitcoin fund, however not the digital foreign money itself. SOURCE: Focus on Funds – Read complete story here.
SOURCE: Oil & Gas – Read whole story here.
Salesforce.com, Inc. (NYSE: CRM) reported its fiscal second-quarter monetary outcomes after the markets closed on Tuesday. The firm stated that it had $zero.33 in earnings per share (EPS) and $2.56… SOURCE: 24/7 Wall St. – Read complete story here.
Cisco Systems, Inc. (NASDAQ: CSCO) reported its fiscal fourth-quarter monetary outcomes after the markets closed on Wednesday. The networking big stated that it had $zero.61 in earnings per share (EPS)…SOURCE: 24/7 Wall St. – Read whole story here.
Master Limited Partnerships-tracking exchange-traded funds fell greater than three% on Tuesday as Plains All American reported “woeful” outcomes. SOURCE: Focus on Funds – Read complete story here.