Forex Crunch enjoyed a rise of around 80% in unique visitors and 30% in page views in comparison to 2014, which is quite nice. Thank you to all 1.6 million visitors and 8 million page views that the site enjoyed in 2015. Looking at the last month of 2015 had two halves: a strong beginning […]
ZURICH (Reuters) – Vontobel Holding’s Honorary Chairman Hans Vontobel, one of the firm’s most influential investors, died on Jan. 3 at the age of 100, the Swiss bank said on Monday. “Hans Vontobel was one of the most important bankers in our country, but beyond that he was a convinced humanist, who put people at […]
BOSTON, Jan 4 (Reuters) – Fidelity Investments said on Monday it is dropping long-time credit card partners American Express Co and Bank of America Corp, ending a 12-year partnership that has generated billions of dollars in fees. read more >>> Source : Reuters
The rupee fell 17 paise to 66.31 against the US dollar in early trade on Monday after weak Chinese manufacturing PMI readings sparked selling across Asian currencies. read more >>> Source : EconomicTimes.IndiaTimes.Com
SINGAPORE, Dec 31 (Reuters) – Oil and commodities were the world’s worst-performing asset class for the second year running in 2015, pressured by China’s economic slowdown and excess supply. read more >>> Source : Reuters
A private survey shows that Chinese manufacturing contracted for the 10th straight month in December as demand remained weak and factories trimmed staff and output. read more >>> Source : CTVNews.Ca
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01042016.pdf FACTORS TO WATCH 11:00 am: Finance Minister holds pre-budget… read more >>> Source : Reuters
Oil prices up over 2 percent as relations between Saudi Arabia and Iran worsened following Riyadh’s execution of a prominent Shi’ite Muslim cleric. read more >>> Source : CNBC.Com
The so-called CNH spot opened at 6.5725 per dollar, but slipped to 6.6125. It was the lowest level since September, 2011. read more >>> Source : EconomicTimes.IndiaTimes.Com
SHANGHAI, Jan 4 (Reuters) – China stocks slumped more than 3 percent on the first day of trading in 2016 after weak factory activity surveys soured hopes that the world’s second-largest economy will enter the new year on better footing. read more >>> Source : Reuters
By Trevor Hunnicutt (Reuters) – Investors poured $347 billion into exchange-traded funds globally during 2015, fund-manager BlackRock Inc said on Sunday, setting a new record for the industry. BlackRock said its own haul of $130 billion in new money also set a record in global flows for its iShares ETF business, surpassing the previous annual […]
TOKYO, Jan 4 (Reuters) – The dollar fell to a 10-week low against the yen on Monday as sliding equities and rising tension in the Middle East added bids to the safe-haven Japanese currency. read more >>> Source : Reuters
I’m not very good at New Year’s resolutions. It’s never made sense to me to pick an arbitrary date and pretend I’m going to start doing something — or everything — differently from that point on. Any gym owner can tell you how the weight room and spin classes swell each January, only to return […]
Asian markets start the first week of the new year on a cautious note with mixed trading in the region after the holidays. read more >>> Source : BBC
Tokyo – Japanese manufacturing activity expanded in December at the same pace as the previous month as new orders grew at a faster rate in a sign the economy maintained momentum at the end of 2015, a revised survey showed on Monday. The Markit/Nikkei Final Japan Manufacturing Purchasing Managers’ Index (PMI) was a seasonally adjusted […]
South Korean automaker Hyundai Motor and its affiliate Kia Motors miss their sales target in 2015 for the first time since the financial crisis. read more >>> Source : BBC
* Major currencies mostly flat but Swiss franc slightly higher read more >>> Source : Reuters
The contrarian American taking on the big banks read more >>> Source : BBC
EURUSD: With a reversal of almost all of its previous week seen the past week, EURUSD bear pressure builds up on 1.0795 level. On the down, support is located at the 1.0795 level and if violated, expect more weakness to happen towards the 1.0750 level. Further down, support lies at the 1.0700 level where a […]
2016 is here: there’s no time for hangovers and markets are in full swing. Here are the top 3 trades of the year from SocGen: Here is their view, courtesy of eFXnews: “My top 3 G10FX trades in 2016: The first is short GBP/JPY, on valuation and Brexit risks though Monday will be more about […]
SAN FRANCISCO (Reuters) – The Federal Reserve’s interest rate hike last month was a prudent first step to a more normal policy era and it signaled the central bank’s confidence that the U.S. economy will continue to improve, a top Fed official said on Sunday. “I fully supported the … December action,” said Cleveland Fed […]
Jan 3 (Reuters) – Residents of flooded areas in far southern Illinois anxiously waited for the swollen Mississippi River to peak on Sunday, with hundreds electing to remain in their homes, as states downstream prepared for the rising waters. read more >>> Source : Reuters
* China-based banker says “easy-money” arbitrage days now gone read more >>> Source : Reuters
It’s 2016. And the year is off to a busy start. In the US, the economic calendar is stacked with the releases of monthly manufacturing and labor market data. One of the big economic stories continues to be the weakness of the US manufacturing sector, as slowing global growth and the strong US dollar has […]
Jan 3 (Reuters) – Residents of towns in far southern Illinois anxiously awaited flood waters from the swollen Mississippi River to peak on Sunday, with hundreds electing to remain in their homes, as states downstream prepared for the rising waters. read more >>> Source : Reuters
What’s at stake this election year? Let me put as directly as I can. America has succumbed to a vicious cycle in which great wealth translates into political power, which generates even more wealth, and even more power. This spiral is most apparent in declining tax rates on corporations and on top personal incomes (much […]
GBP/USD ended the year with a huge plunge of 190 points, closing last week at 1.4733. There are nine events on the schedule. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD. Key US indicators could have been sharper last week, as unemployment claims and housing […]
There are few cars in the world more iconic than the Porsche 911. Over the years, the rear-engined sports has gotten bigger, faster, and more technologically advanced. But its spirited driving dynamics and on-track capabilities have continued to make it a favorite among enthusiasts worldwide. However, you often hear the complaint that all current 911s […]
MONTEVIDEO, Jan 3 (Reuters) – Uruguay will give state oil company Ancap $620 million to cancel its debt for purchases of crude from Venezuela, according to a bill passed in a special session of… read more >>> Source : Reuters
AUD/USD was almost unchanged in thin market trading during Christmas week. The pair closed at 0.7288. There are nine events this week. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. Key US indicators could have been sharper last week, as unemployment claims and housing data missed expectations. There […]
The washing machine Laurie Beane just bought from Sears is suddenly on sale. Why does the company want to return it in order to honor the new price? Question: I’ve been without a washing machine for a few years and have been waiting for the best deal that I could afford. I recently ordered a […]
Jan 3 (Reuters) – Tesla Motors Inc delivered 17,400 vehicles during the fourth quarter of 2015 and a total of 50,580 for the year, the company said on Sunday. read more >>> Source : Reuters
Tesla just released in fourth-quarter and full-year 2015 delivery numbers. The automaker sold 17,400 vehicles in Q4: 17,192 were Model S sedans and 208 were Model X SUVs, the company said in a statement. In 2015, total deliveries were 50,580, the most ever for Elon Musk’s electric-car startup, but on the low side of the […]
There may be a cancer eating away at your life insurance policy – causing it to die before you do! If you have a “universal life” policy – one with flexible premiums and/or investment choices within the policy, the insurance industry is taking a bigger bite out of the cash build-up that was forecast to […]
USD/JPY had an uneventful week to sign off 2015, as the pair closed the week almost unchanged, at 120.22. The upcoming week has six events. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. US indicators were by no means impressive last week, as unemployment claims […]
The U.S. Congress repealed a labeling law that required retailers to include the animal’s country of origin on packages of red meat. read more >>> Source : CTVNews.Ca
When changing an established corporate logo, there’s a fine line between success and disaster. This year, several major companies changed their logos, and some simply fell flat. To identify the worst revamps, Business Insider looked through graphic-design publisher UnderConsideration‘s Brand New blog archives and picked out our least favorites. We only considered large, non-athletic-team or […]
It’s almost 2016, so Business Insider has asked a bunch of the smartest minds on Wall Street to tell us what they think will happen next. Here’s a prediction for the activists, the hedge funds that buy up shares of companies in the hope of effecting changes that will boost the company’s stock price and […]
Asda and Tesco are both cutting the price of diesel to below £1 a litre taking it to its lowest price since 2009. read more >>> Source : BBC
The Canadian dollar was uneventful in the final week of 2015, as USD/CAD was unchanged. The pair closed at 1.3830. There are seven events this week. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. US numbers were not impressive last week, as unemployment claims and housing reports were […]
Financial technology, or fintech, is a boom industry right now, with investment flooding into companies reinventing the way we do payments, lending, investing, and more. Valuations in the sector are also sky-rocketing as more money floods in. Many companies are now reaching the fabled “unicorn” status — the term in the tech industry for companies […]
Everything communicates. Everything. Even the things you don’t do and don’t say send powerful signals to everybody in the organization observing you. Because we live in the midst of a communication revolution, the guidelines for communicating are changing dramatically. As much as you would like to treat communication as a logical, sequential, ongoing communication campaign, […]
NEW DELHI, Jan 3 (Reuters) – The operation continues to secure an Indian air base after a militant attack on Saturday, the Indian Air Force said on Sunday, while the government said it could not yet confirm that two remaining gunmen had been eliminated. read more >>> Source : Reuters
If you thought 2015 was the bottom for emerging market economies, think again. Things will only get worse for Brazil, Russia, India and China – otherwise known as the BRIC countries – in 2016. That is the year-end thought of Brian Kelly, founder of Brian Kelly Capital, a Connecticut-based investment firm. He sent Business Insider […]
The first week of 2016 starts with a bang: a full buildup to the Non-Farm Payrolls will provide us a view if the US economy can withstand higher interest rates. Inflation data in the euro-zone is the key for more easing and Chinese data will be watched as well. Liquidity and volume will be rising […]