Profit-taking nibbles at equities

Given that Frankfurt’s DAX 30 and the CAC 40 in Paris set fresh record highs last week, while the FTSE 100 hit a multi-month high, “a small pullback …

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Why Amazon Should Buy CVS Health

As a consolidator, Amazon could reduce healthcare costs on Main Street and solve some problems related to Obamacare.

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Euro Fails to Grow Against US Dollar

As expected, the euro opened the new trading week with a fall. The EUR/USD pair continues to trade at lows. The single European currency went down from the level of 1.16 against the US dollar. The released macroeconomic data failed to support the euro. Today, Germany published data on factory orders. In September, the corresponding index grew by 1%, following a 4.1% gain in the previous month while market expected a 1.5% fall. Meanwhile, eurozone Composite PMI […]

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Daily Forex News and Analysis — November 6th 2017

US stocks closed higher on Friday, as gains in Healthcare, Technology, and Consumer Services lifted the market. The Dow Jones rose by 0.10%, the S&P 500 by 0.31%, and the NASDAQ added 0.74% to its value. The US dollar rose against a basket of major currencies on Friday as bullish service sector data offset an October jobs report that undershot expectations. Gold fell, as the weaker than expected jobs report failed to derail investor expectations for a year […]

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CFO

The FTSE 100 (INDEXFTSE:UKX) is little changed from its record high in the last session as the commodities lend support but the financials are …

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FTSE 100 subdued after Friday’s record high

Having finished on a record high on Friday, the FTSE 100 has begun the week on a subdued note with little in the way of corporate results or major …

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