Category Archives: Syndicated
Wall Street starts 2020 with new records on China stimulus, trade hopes
(Reuters) – Wall Street’s major indexes notched record highs to open the new year on Thursday, as fresh economic stimulus from China added to optimism fueled by easing trade tensions and an improving global outlook. To read this article:
U.S. jobless claims edge lower but trend points to uptick in filings
(Reuters) – The number of Americans filing claims for jobless benefits edged lower last week, a positive signal for the U.S. labor market amid recent signs that new claims may be trending slightly higher. To read this article:
Venture capital firm EV Growth closes first fund at a hard cap of $250m
(Opalesque)Singapore-based venture capital EV Growth has closed a $250 million funding round, exceeding the firm’s initial $150 million target. The inflow of commitments come from Singapore’s Temasek, an undisclosed sovereign wealth fund in Asia, as well as several Asia-based family […]
Dollar recovers from six-month low after year-end selloff
(Reuters) – The dollar recovered from a six-month low to add 0.44% on Thursday, the first trading day of 2020, ending a four-day losing streak and a downbeat December that had left the index virtually flat at the end of […]
Don’t look now, but Goldman Sachs is saying the economy is nearly recession-proof
(CNBC) Just months after almost everyone on Wall Street worried that a recession was just around the corner, Goldman Sachs said a downturn is unlikely over the next several years. In fact, the firm’s economists stopped just short of saying […]
Stocks post best annual gain in 6 years with the S&P 500 surging more than 28%
(CNBC) Stocks rose slightly on Tuesday as Wall Street wrapped up a banner year that saw equities surge to record highs, overcoming concerns about the economy and a trade fight with China. To read this article:
U.S. dollar share of global currency reserves highest for a year in third quarter: IMF data
(Reuters) The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the third quarter to its highest level in a year, while the yen’s share of reserves grew to the largest in two decades, data […]
The decade that saw volatility trading come of age
(Reuters) – What do you do when daily stock market gyrations all but dry up? Apparently, trade volatility like never before.Among the myriad Wall Street legacies of the soon-ending 2010s has been the emergence of market volatility – or the […]
Seven out of 10 American investors have regrets for 2019: Survey
(Opalesque) Seven in 10 investors (70%) – defined as Americans who currently have money in investment accounts – experienced some form of regret when it came to their investment strategy in 2019. To read this article:
US private equity firms hold approximately $2.4tn
(Opalesque) Private equity firms are holding approximately $2.4 trillion, while US corporations have access to about $2.2 trillion in cash, said a study. Non-financial companies have raised about $6 trillion in debt during the last decade, said a study by […]
Dollar eases, on track for smallest return in six years
(Reuters) – The dollar dipped to a near three-week low against the yen in thin year-end volume on Tuesday as investors favored riskier assets, led by renewed optimism about global growth. To read this article:
Castle Hall launches free ADV monitoring of 19,000 asset managers
(Hedgeweek) Due diligence specialist Castle Hall, has launched DiligenceExpress, a completely free of charge service enabling investors, asset managers and industry service providers to review and monitor diligence information on more than 19,000 registered investment advisors and 62,000 private funds. […]