Search Results for: Trump
Wrong handling of user data may cost up to $5B for Facebook
April 25th, 2019
Facebook said Wednesday it expects to shell out between $3 billion and $5 billion to settle the FTC’s ongoing investigation into its handling of user data, foreshadowing a potentially massive penalty from the nation’s top consumer protection agency. The ...
Gold prices edged up on Monday as the dollar eased
February 25th, 2019
Gold prices edged up on Monday as the dollar eased after U.S. President Donald Trump said he would delay an increase in tariffs on Chinese goods as trade talks between the two nations were making progress, while palladium hit ...
European stocks edge lower
February 21st, 2019
European stocks were slightly lower Thursday morning, after a flurry of poorly received corporate earnings reports. The pan-European Stoxx 600 edged down around 0.2 percent during mid-morning deals, with most sectors and major bourses in negative territory. Europe’s banking ...
Euro held above a three-month low on Thursday; Australian dollar was up 0.6 percent
February 14th, 2019
The euro held above a three-month low on Thursday as improved Chinese trade data and hopes of progress in China-U.S. trade talks lifted risk sentiment, with the Australian dollar leading gains by more than half a percent. Even economic ...
Dollar rose against most other currencies
February 11th, 2019
The dollar rose against most other currencies on Monday, holding near a six-week high as fresh worries about U.S.-Sino trade tensions and global growth drove appetite for safe-haven assets. “U.S.-China talks are the big focus for the week and ...
Emerging market currencies fell with the dollar climbing to its highest in nearly two weeks
February 7th, 2019
Emerging market currencies fell on Wednesday with the dollar climbing to its highest in nearly two weeks as investors largely ignored U.S. President Donald Trump’s State of the Union address. Stocks were mostly flat. Concern over global growth continued ...
U.S. dollar rose against a basket of major currencies
February 6th, 2019
The U.S. dollar rose against a basket of major currencies on Tuesday, as investors awaited President Donald Trump’s State of the Union address for a possible update on the U.S.-China trade war. Continued recovery in investors’ appetite for risk ...
Trade wars – a catalyst for economic crisis
February 1st, 2019
In my last article I used a proven accounting identity to show that the end result of President Trump’s trade tariffs would be to increase the trade deficit, assuming there is no change in the savings rate. The savings ...
European stocks fall as traders kicked off Monday’s session; Traders await “Plan B” for Brexit
January 21st, 2019
European stocks traded lower on Monday, after fresh data from China showed its economy grew at its slowest pace since 1990. The pan-European Stoxx 600 index sank around 0.4 percent as traders kicked off Monday’s session, with most sectors ...
Recession And Stocks In Free-Fall: Michael Pento’s 2019
January 9th, 2019
Money manager Michael Pento has been bearish on both stocks and bonds for some time. 2019 is the year, he says, when the big crash finally arrives. “Some Predictions for 2019 Bond Yields Continue to Fall in First Half ...
