Search Results for: Bank of America
Signs Of A 2020 Top: “Buyers Return to Riskiest Junk Bonds”
December 30th, 2019
If you’re managing money and need positive results in the year ahead, you’re in a tough spot. Stocks are at levels that in the past have preceded cycle-ending crashes while high-grade bonds yield virtually nothing but could easily produce ...
Emerging market stocks fall; Currencies suffered their biggest weekly loss in a year
May 20th, 2019
Another week, another leg of the emerging-market rout. Stocks were on course for their worst month since October, while currencies suffered their biggest weekly loss in a year, erasing gains for the year. Brazil’s real led the drop as ...
Post-tariff considerations
May 17th, 2019
President Trump has declared he will extend tariffs of 25% on all America’s imports of Chinese goods. China is responding with tariff increases of its own. The consequences of this action and reaction will be to kick-start higher ...
Bears return as European stocks see second-worst exit on record
February 15th, 2019
The region’s equity funds experienced their second-largest outflows on record in the week through Feb. 13, bleeding $5.9 billion, according to Bank of America Merrill Lynch’s note, which cited EPFR Global data. Investors continued fleeing developed-market equity funds, including ...
Some forecasters remain positive on oil prices and demand going into 2019
December 12th, 2018
Despite dramatic slides in the oil market, some forecasters remain positive on prices and demand going into 2019. A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 ...
New wave of FX manipulation lawsuits
November 16th, 2018
A group of large institutional investor plaintiffs filed a lawsuit on 07 November, in the US District Court in Manhattan, in a action linked to proce rigging in the FX markets. Amongst the several named plaintiffs are BlackRock Inc, ...
Asian stocks and Japanese Yen fell; The main moves in financial markets
October 19th, 2018
Asian stocks posted further losses Friday after another slide in the U.S. overnight. China’s equities reversed losses after verbal intervention by the nation’s top financial regulators, who assured they’ll keep financial risks under control. The MSCI Asia Pacific Index ...
Here’s what to watch in European stocks
October 16th, 2018
Here’s what to watch ahead of the market open in Europe: Brexit Both U.K. Prime Minister Theresa May and French President Emmanuel Macron struck conciliatory tones ahead of a European Union summit on Brexit on Wednesday. Brussels, too, sounded more ...
Euro to Dollar fell 0.2 percent, Asian stocks trade mixed; Key events coming up this week
October 2nd, 2018
Asian stocks were mixed Tuesday after a muted U.S. trading session, with Japanese shares extending gains as the yen remained under pressure. The dollar pushed higher as emerging-market currencies slid, led by Indonesia’s rupiah. The Nikkei 225 Stock Average ...
Asian stocks advanced, oil price declined, gold traded around the lowest in a year
July 18th, 2018
Asian stocks advanced after an upbeat assessment on the U.S. economy from Federal Reserve Chairman Jerome Powell comforted investors wary of a blowout in protectionism. Equities climbed from Tokyo to Sydney and U.S. futures edged up after the Nasdaq ...
