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China Update - Tuesday, June 13
Article By:
Marc Chandler
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Tuesday, June 13, 2017 10:18 AM EDT
China's Ministry of Finance made two important announcements today. For the first time, China indicated its intentions to reduce the amount of yuan-denominated bonds it offers in Hong Kong.
Upcoming Monitoring System Makes Iradimed A Good Mid-Term Investment
Article By:
KKD Healthcare Analytics
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Tuesday, June 13, 2017 10:07 AM EDT
For the second quarter of the year, iRadimed Corp. expects its revenue to be in the range of $5.4 million to $5.5 million while its first quarter revenue stood at $5.2 million.
In this article: IRMD
“This Is Much More Than A Spat”: What The Qatar Crisis Means For Global Energy Markets
Article By:
The Heisenberg Report
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Tuesday, June 13, 2017 9:54 AM EDT
One of the big unknowns here is what, if any, effect this will have on the OPEC production cut agreement and on energy markets more generally. Of course all sides are saying the agreement won’t be derailed, but that seems far-fetched.
CAD: ‘Shifting Sands’ For CAD; Where To Target?
Article By:
Yohay Elam
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Tuesday, June 13, 2017 9:46 AM EDT
The Canadian dollar got a shot in the arm from the hawkish shift from Wilkins, later followed up by Poloz. What’s next?
In this article: FXC
Pattern Energy Group: ‘Speed Bumps’ Create Modest Buying Opportunity
Article By:
SureDividend
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Tuesday, June 13, 2017 9:28 AM EDT
Pattern Energy currently pays a quarterly dividend of $41.80 which yields 7.2% on the company’s current stock price of $23.09. For context, the S&P 500 currently pays a dividend of ~1.9%.
Expanding Megaphone Candlestick Pattern Gets Bearish
Article By:
Ryan Mallory
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Tuesday, June 13, 2017 9:20 AM EDT
Short-term bearish megaphone pattern showing itself. Much of it comes from the fact that Friday's crazy doji pattern has created this megaphone pattern, but nothing happened today to change the look of it either.
In this article: SPX Also: JPM, LUV, RHT NOW IBM, TER, WDC, AAPL, AMZN, AVGO, MU, SBUX, BABA, AAL, WDAY, UNVR, RACE
Tech Stocks: Splat
Article By:
Tim Knight
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Tuesday, June 13, 2017 9:14 AM EDT
Friday was a bad day for tech stocks. All it took was a single memorandum from Goldman Sachs about a “valuation air-pocket” (whatever that means) to slam literally hundreds of billions of dollars of assets into non-existence.
CAD Soars As BOC Imply Rate Raise In Consideration
What Glamour Industries Teach Us About Markets
Article By:
Reid Holloway
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Tuesday, June 13, 2017 9:07 AM EDT
"Glamour industries" are useful in understanding market activities because they are subject to similar psychologies borne of "champagne wishes and caviar dreams."
May 2017 Producer Price Final Demand Year-Over-Year Inflation Moderates To 2.4%
Article By:
Steven Hansen
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Tuesday, June 13, 2017 9:06 AM EDT
The Producer Price Index year-over-year inflation marginally declined from 2.5 % to 2.4 %.
Can Ripple Catch The Rally Of Bitcoin & Ethereum
Article By:
Elliottwave Forecast
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Tuesday, June 13, 2017 9:01 AM EDT
Ripple XRPUSD is ending a short term correction around $0.2324 - $0.1893 area and could resume the rally looking for $0.55.
AUD/USD Forex Signal - Tuesday, June 13
Article By:
Daily Forex
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Tuesday, June 13, 2017 8:55 AM EDT
AUD/USD price, yesterday, has sold-off in recent hours, forming a double top at the recent high price.
UK CPI Preview: Slumping Pound, QE Drives Inflation Higher
Article By:
EasyMarkets
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Tuesday, June 13, 2017 8:42 AM EDT
UK's Central Bank is unlikely to raise interest rates before 2019, which means higher inflation is a mainstay for now.
In this article: FXB
Dennis Rodman Saves The World?
Article By:
Phil Flynn
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Tuesday, June 13, 2017 8:39 AM EDT
Former basketball star Dennis Rodman is on his way to North Korea to open a dialogue with his buddy. Oil traders can now rest easy. We’re all so relieved.