Day: August 26, 2019

Asia stocks, bond yields climb as trade war fears ebb By Reuters

Reuters

© Reuters. Passersby are reflected on a stock quotation board outside a brokerage in Tokyo By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose in step with their global peers while safe-haven bonds retreated on Tuesday, as signs Sino-U.S. trade hostilities might be easing for now helped restore investor confidence after the previous session’s rout. Supporting the market mood, U.S. President Donald Trump on Monday flagged the possibility of a trade deal with China and said he believed Beijing was sincere in its desire to reach an agreement. Global markets…

Japan Producer Prices Add 0.1% In July

RTTNews Staff Writer

Producer prices in Japan were up 0.1 percent on month in July, the Bank of Japan said on Tuesday – in line with expectations following the 0.1 percent decline in June. On a yearly basis, producer prices gained 0.5 percent – shy of expectations for an increase of 0.6 percent and down from 0.7 percent in the previous month. Individually, prices were up on an annual basis for real estate services, leasing, advertising and transportation. Prices were down for hotels, rentals and ocean freight transportation. For comments and feedback contact:…

ipo: Bankers head to Saudi Arabia to compete for world’s biggest IPO

TradingETFs.com

Global banks will this week start making their case on why they should be hired for what’s set to be the world’s biggest initial public offering, according to people with knowledge of the matter. Dealmakers representing advisory firms from around the world will from Tuesday travel to Saudi Aramco’s headquarters in Dhahran in the kingdom’s Eastern Province to compete for a role on the offering that’s planned for as early as 2020, the people said, asking not to be identified as the information is private. Aramco, which posted a profit…

How is China affecting the global price of oil?

andrew_hecht

Crude oil was sitting at over $55 per barrel early Friday Recession is bearish for industrial commodities Range trading still- China and Iran could push oil in either direction in a heartbeat So far in 2019, the price of nearby NYMEX crude oil futures has traded in a range between $44.35 and $66.60 per barrel. The low for the year came at the very start, and the high in late April. The trading range of $22.25 in 2019 compares to a band of $34.54 in 2018, $18.46 in 2017, and…

What Happens to Investors Money if a Recession Occurs?

TradingETFs.com

The word recession is being tossed around quite a bit these days, but what should investors do with their money if a recession actually occurs? David Tice, the founder of David W. Tice & Associates, LLC said on CNBC, “Well there’s certainly a lot of unrest to the market here Michael, that it’s certainly possible that we could rally another 6-9 months, because we have Trump that does not want to see the market go down in front of the election, and we have Jerome Powell who seems to be…