Via Dave Lutz at JonesTrading, here’s a quick guide to what traders are talking about before markets open on Tuesday as stocks in the US look set to open lower for a second straight day. Good Morning, and welcome to “Turnaround Tuesday?” US Futures are starting in the red for now, off 60bp but well […]
Starbucks is adding a new drink to its menu. read more >>> Source : CNN Money
A busy Christmas season has helped pushed Spain’s unemployment rate down further. It fell by 1.34 percent in December, leaving just over four million… read more >>> Source : EuroNews.Com
Happy Fat Cat Tuesday! Today is when the pay of a FTSE 100 company’s CEO will overtake the average U.K. worker’s annual earnings. read more >>> Source : CNBC.Com
Here’s some advice for keeping Uncle Sam out of your nest egg. read more >>> Source : BankRate.Com
LONDON, Jan 5 (Reuters) – Investors once again flocked to the safety of the yen on Tuesday as a modest pick-up in risk appetite gave way to jitters over Chinese market turbulence and stalling growth… read more >>> Source : Reuters
KUALA LUMPUR, Jan 5 (Reuters) – Malaysia Airlines said on Tuesday it has temporarily banned checked-in baggage on some flights to Europe because of “unreasonably strong head winds” on the longer routes it is taking for safety reasons. read more >>> Source : Reuters
Members of a small but defiant group are pledging to keep protesting the Site C hydroelectric project in northeastern British Columbia, despite being ordered off the land. read more >>> Source : CTVNews.Ca
By Nate Raymond (Reuters) – Texas tycoon Sam Wyly is set to face off against the Internal Revenue Service at trial on Wednesday over more than $2 billion the agency says he owes for using offshore trusts to engage in one of the largest tax frauds in U.S. history. The trial in federal bankruptcy court […]
The greening of Alberta’s power grid will mean more renewables, such as wind, solar and hydro, but could it also mean more oil? read more >>> Source : CBC.Ca
The average apartment price in Manhattan hit a record $1.95 million in 4Q, as high-end real estate defies volatile stock markets. read more >>> Source : CNBC.Com
* Around 1 million migrants reached Europe in 2015 (Updates for new figures, background) read more >>> Source : Reuters
Forex Broker Admiral Markets now offers a web based Meta Trader 4 experience for its traders. More details from the official press release: Admiral Markets, Forex and CFD broker now offers a browser-based version of the world’s most popular trading platform – MetaTrader 4. Designed to provide traders with high flexibility, MT4 WebTrader allows hassle-free […]
TOP bosses make upwards of a staggering £1,200 an HOUR to rake in more money in just two days than a typical British worker earns in an entire year, damning analysis has revealed. read more >>> Source : The Daily Express
EURUSD EURUSD is moving south but the pair may be looking for some support near 1.0750 as we see a price action in the fifth wave showing a decline of an impulsive structure from 1.0947. In that region we also see a 161.8% extension of wave 2/B which can also react as a support, but […]
LONDON, Jan 5 (Reuters) – British Prime Minister David Cameron will let government ministers campaign to leave the European Union in an upcoming referendum, a source in his office said on… read more >>> Source : Reuters
Researchers find that self-driving cars may drive too perfectly for their own good, as well as ours. read more >>> Source : BankRate.Com
Against a basket of currencies, sterling was broadly flat, falling 0.2% against a resurgent dollar and gaining around the same amount against the euro. read more >>> Source : EconomicTimes.IndiaTimes.Com
It’s “Fat Cat Tuesday,” the day created by think-tank, the High Pay Centre (HPC) to illustrate just how massive the gap between executives and normal workers in the UK is. According to their findings, by the close of business on Tuesday evening, British CEOs will have already earned more than the average Brit will in […]
* Refugees seen as opportunity, though balanced budget at risk read more >>> Source : Reuters
Sales of guns in the US rise, just as President Barack Obama unveils control measures designed to limit the availability of weapons. read more >>> Source : BBC
BENGHAZI, Libya, Jan 5 (Reuters) – Islamic State militants resumed shelling near the Libyan oil port of Es Sider on Tuesday and an oil storage tank in the port was hit causing a fire, a petroleum guards spokesman and the National Oil Corporation said. read more >>> Source : Reuters
MILLIONS of HSBC customers are suffering yet more disruption after being blocked from accessing their accounts again this morning. read more >>> Source : The Daily Express
Today, if the S&P 500 doesn’t have its best day in four years, the so-called Santa Claus rally predicts gloom ahead. If that seems too fanciful, consider that stock markets do poorly in the eighth year of a U.S. presidency. read more >>> Source : CBC.Ca
Euro-zone inflation remains depressed, but this isn’t a huge surprise after Germany’s numbers. It seems that this kind of disappointment was already priced in. Prices rose 0.2% y/y and core inflation remains at 0.9%. EUR/USD wobbles on low ground, trading around 1.0780. Update: the pair is now extending its falls below 1.0770. At the same […]
** Bunzl, which supplies supermarkets, hospital and hotels with products ranging from carrier bags to toilet rolls, up 2.4 pct & 2nd top FTSE-100 gainer read more >>> Source : Reuters
French telecoms operators Orange and Bouygues are in talks over a possible merger, they confirm. read more >>> Source : BBC
Natixis oil and gas analyst, Abhishek Deshpande explains how Saudi Arabia’s tensions could add a risk premium to oil. read more >>> Source : CNBC.Com
LONDON, Jan 5 (Reuters) – World stocks inched up from 2-1/2-month lows on Tuesday as China pumped in an estimated $20 billion to stabilise its equity and currency markets, which recorded the worst… read more >>> Source : Reuters
Faraday Future, the once-mysterious Chinese-backed electric-car company, unveiled its first vehicle concept at an event in Las Vegas Monday evening. And it came in the form of an all-electric supercar called the FFZERO1. The futuristic model marks the beginning of Faraday Future’s quest to “Change mobility the way Apple changed the cell phone,” FF research […]
Saudi Aramco has raised its February price for its Arab Light grade for Asian customers by $0.60 a barrel versus January to a discount of $0.80 a barrel to the Oman/Dubai average. read more >>> Source : CNBC.Com
The FTSE 100 rises 1% in early trade, recovering some of the ground lost on Monday amid the global share rout. read more >>> Source : BBC
The Financial Conduct Authority quietly stopped pursuing any formal action into reviewing whether HSBC’s Swiss private banking arm allegedly helped wealthy clients dodge tax between 2006 and 2007 months ago. The news will undoubtedly piss off a lot of politicians and the public. Why? — because this is the latest in a line of moves […]
Group controlled by China’ s richest man is in talks to buy Legendary Entertainment, the company behind ‘Straight Outta Compton,’ the FT reports. read more >>> Source : CNBC.Com
* BOC Aviation reported record profit in H1 2015 (Adds analyst quotes, IPO milestone, industry details) read more >>> Source : Reuters
It turns out that thanks to a glut of crude, even tension between two big oil-producing countries isn’t enough to drive prices higher. read more >>> Source : CTVNews.Ca
Prelude Excerpt from: On October 15th, 2002 — over 13 years ago — AT&T filed a Petition with the FCC to investigate the “special access” services that are controlled by the “Bell” companies, now AT&T, Verizon and Centurylink. The above quote supplies two of the section headings from the Petition’s Table of Contents. I’ll get […]
The Chinese government is buying up shares to prop up its stock markets, repeating a tactic used during last year’s meltdown. The so-called “National Team” is injecting cash into the market after Monday’s 7% crash, according to a report by Bloomberg News. The government is also preparing to extend a ban on short selling – […]
Retailer Next blames the warm weather in November and December for a “disappointing” trading performance in the run-up to Christmas. read more >>> Source : BBC
Jan 5 (Reuters) – Motoring group AA Plc said it had launched a connected-car joint venture which would allow it to provide faster roadside assistance by pre-empting and diagnosing breakdowns. read more >>> Source : Reuters
After a sour start to 2016 which saw safe haven currencies gain, we had a strengthening of the greenback across the board and perhaps some stability. What’s next? Join me for a live market open, hosted by FXStreet: walking though recent developments and their impact on currencies, going through charts of majors, minors and crosses, […]
NEW DELHI, Jan 5 (Reuters) – The day before a deadly assault on an air base in northern India, a police officer returning from a temple was abducted by a group of heavily armed men speaking Urdu, he said on Tuesday. read more >>> Source : Reuters
Most Asian stock markets inched higher Tuesday as China’s benchmark stabilized a day after plunging nearly 7 per cent. read more >>> Source : CTVNews.Ca
Stock markets in Asia were largely even in Tuesday trading, a day after a huge selloff in China was followed by big slumps in European and U.S. stocks. Indexes in China opened sharply lower Tuesday, but quickly rebounded in the first half-hour and fluctuated just above and below Monday’s close. There was no such rebound […]
Magazine Charlie Hebdo is set to mark the first anniversary of the attacks on its Paris offices with a special edition. read more >>> Source : CNBC.Com