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GoPro's Stocks Fall; Second Quarter Results "Underwhelming"

This month, GoPro stocks had seen a fall of $1.28, bringing its price from $5.34 to $4.15 per share. It did not help that the U.S. had added another 10% to the 25% tariff on Chinese goods. Important of note, GoPro's shares had skyrocketed which ...
08.08.2019

Amid Trade War, Gold Surges Above $1,500; Makes for Better Returns

No immediate resolution can be seen anywhere for the ongoing Trade War between U.S. and China. And comments made by the American president, specifically labeling China as a "currency manipulator" and that fears about the war should altogether ...
08.08.2019

Uber’s Q2 Earnings: Not a Pleasant Sight

While the truth promises freedom, facts still hurt. This could be said for Uber Technologies Inc. Due to new competition and struggling profitability, the ride-hailing titan is likely to report a $2.1 share loss on sales of $3.31 Billion on ...
07.08.2019

Fact or Fiction? Tesla to Raise Prices in China?

With the Yuan's value apparently waning, U.S. electric vehicle manufacturer, Tesla Inc. is closely considering raising its prices in China starting September this year, according to analysts. Details on the price change have yet to be made ...
07.08.2019

SoftBank's Profit Better Than Expected; Gains From Vision Fund

Japan’s SoftBank Group Corp is faring better than what was initially expected with its quarterly operating profit. The group had leaped in investing gains from its $100 billion Vision Fund. With SoftBank Group Corp's results increasingly ...
07.08.2019

China's Currency Policy the New Flashpoint; Dollar Falls Against Yen as Offshore Yuan Slips

New Economic Flashpoint: China's Currency Policy Caught in the Trade War between the United States and China, investors are saying that the the latter's currency policy had turned into a flashpoint. As a result, the Dollar fell versus the Yen. As ...
07.08.2019

Democrats and Minorities Favor Biden in Search for Most Electable Candidate Against President Donald Trump in 2020

An opinion poll from Reuters that ran from the 1st to the 5th of August proved Joe Biden to still have the minorities' favor in the race for the Democratic presidential nominations. Results inform that 22% of Democrats and independents would ...
07.08.2019

China Retaliates Against US; U.S. Futures Slump

With the US suspending imports of American agricultural goods, China retaliated against the superpower, leaving U.S. Futures slumped. As a result, the Yuan's value decreased below 7 per US dollar for the first time in 11 years. Despite the ...
05.08.2019

Northern Ireland DUP Lawmaker Deems Risks of No-Deal Brexit Significant

An obvious supporter of Prime Minister Boris Johnson’s tough-as-nails Brexit approach, a lawmaker from Northern Ireland's Democratic Unionist Party weighs in on the matter, claiming chances of Britain departing from the EU without a deal ...
31.07.2019

Samsung's Quarterly Profits Drop; Maintains Positive Outlook

Amidst the issue of oversupply, semiconductor prices had declined resulting into a 56% drop in Samsung Electronics Co Ltd's quarterly profit. The mobile Titan still has its hopes up that after the chip market bottoms out, it will eventually ...
31.07.2019

A Pause on AUD/USD Downtrend In Light of Australia CPI; Fed and Trade Talks Eyed

After the local inflation data crossed the wires and rendered better outlook, the Australian Dollar went up to compete against major counterparts, overshadowing mixed Chinese PMI data. The second quarter saw that the Australian CPI clocked ...
31.07.2019

June 2019's Retail Turnover

Some Key Figures for the Retail Turnover, June 2019: +3.5% on the month prior (in real terms, calendar and seasonally adjusted, provisional) +3.6% on the month prior (in nominal terms, calendar and seasonally adjusted, provisional) -1.6% on ...
31.07.2019

Asian Equity Markets Remain Troubled; Politburo Promises Liquidity Without Rate Cuts

Apple climbed strong with more than 4% in after-hours trading after its equally post turgid Q2 earnings, thus beating investor's forecasts. However, Asia Equity Markets have failed to ride the bigger markets as the local markets are still reeling ...
31.07.2019

FREE Binfinity Tokens Up for Grabs for First 1,000 VERIFIED Registrations

FREE Binfinity Tokens Up for Grabs for First 1,000 VERIFIED Registrations Binfinity, a new breed of digital asset marketplace or "cryptocurrency exchange" focusing on providing freedom to the crypto financial markets, is at the cusp of promising ...
30.07.2019

The Pound Paddles Through Brexit's Troubling Waters

The Pound Paddles Through Brexit's Troubling Waters The Pound suffers the brunt of the uncertainty brought by the highly-divisive Brexit, with the Bank of England adding more stress. Raising interest rates in the coming months is not within ...
30.07.2019

Lower and Lower: GBPUSD Sellers on the Downside

Lower and Lower: GBPUSD Sellers on the Downside After being stalled at the 100 bar MA, the GBPUSD had run another leg lower. It had considerably fallen below the 1.2200 level as it flirts with the downside. Suffice it to say, the GBPUSD is ...
30.07.2019

Gold Prices Increased; U.S. reported its Q2 Figures

Gold futures for August on the Comex division of the New York Mercantile Exchange raised by 0,1% to over $1,400. Gold was under some pressure before in the day after figures demonstrated new orders for durable goods in the US increased by more ...
26.07.2019

Shares stage rebound after the European Central Bank disappointment

European shares showed recovery on Friday because of a rally in media stocks and bigger earnings at some U.S. firms helped investors cope with the disappointment of the ECB’s collapse to deliver fast policy easing. The last day its ...
26.07.2019

China found new evidence of FedEx violation

U.S. delivery company FedEx Corporation probably concealed more than 100 packages of Huawei while China’s technical leader blamed Flex for estimating its goods. A the same time, Sino-U.S. tensity further strain economic ties.  China’s ...
26.07.2019

American Stocks Growth Worries Knock Wall Street Down

The Nasdaq Indice reduced by 1% while Tesla was blamed for bad Q2 results. The Dow went down 0,47%. Boeing became the biggest loser on the list. American Airlines was down 8,4% and Alaska Air Group lost 2,7%. Southwest Airlines stocks ...
26.07.2019
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