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July 11, 2016
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forex

Steep losses for tech and energy companies hit global stocks

NEW YORK (AP) — Global stocks are sinking Wednesday as an unexpected drop in profits for Chinese tech giant Tencent has investors worrying about economic growth. Oil and copper prices are falling. Technology and energy companies are taking some of the worst losses in the U.S. The Commerce Department said retail sales grew in July, but retailers are falling after Macy's said its sales slowed in the second quarter. KEEPING SCORE: The...

August 15, 2018
forex

How US Fed is unintentionally squeezing developing economies

WASHINGTON (AP) — President Recep Tayyip Erdogan is blaming the United States for Turkey's financial crisis, ignoring homegrown problems like high debts, raging inflation and his own erratic policies. Yet one of the threats facing Turkey and other emerging-market countries really is made-in-America: By ratcheting up U.S. interest rates, the Federal Reserve has — unintentionally — led investors to pull money out of emerging markets like...

August 15, 2018
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market.

August 27, 2017
forex

Asian shares mostly lower despite easing fears over Turkey

BANGKOK (AP) — Shares were mostly lower in Asia early Wednesday despite a rally overnight on Wall Street as investors' jitters over the Turkish currency crisis eased. KEEPING SCORE: Japan's Nikkei 225 index fell 0.4 percent to 22,270.90 and in Hong Kong, the Hang Seng dropped 1.6 percent to 27,319.21. The Shanghai Composite index sank 0.9 percent to 2,756.17, while the S&P ASX 200 added 0.1 percent to 6,308.70. Shares fell in Taiwan and Singapore and gained in Indonesia. TURKEY TURMOIL: The Turkish lira steadied as officials from Turkey and the U.S. said the countries are in talks to ease diplomatic tensions, which have resulted in high tariffs on Turkish steel and aluminum. Stocks jumped in...

August 15, 2018
forex

The Latest: Turkey says it will help firms hit by turmoil

ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 5:25 p.m. Turkey's finance minister says his government is working on steps to help banks and support companies affected by the currency crisis. Treasury and Finance Minister Berat Albayrak said: "We will make all kinds of preparations, from A to Z," but did not elaborate. He said Tuesday that his government would continue to...

August 14, 2018
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market and how to trade the major pairs.

August 20, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market.

August 13, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market

August 06, 2017
forex

Smaller companies lead US stocks higher as Turkey fears ease

NEW YORK (AP) — U.S. stocks are broadly higher Tuesday morning as worries about Turkey's currency crisis stabilized. Retailers and smaller companies are making some of the biggest gains. Global markets have taken two days of losses as investors worried that the country's troubles might spread. KEEPING SCORE: The S&P 500 index climbed 9 points, or 0.4 percent, to 2,831 as of 10:15 a.m. Eastern time. The Dow...

August 14, 2018
forex

Turkey's Erdogan vows US boycott, but diplomats resume talks

ANKARA, Turkey (AP) — Turkey's president appeared to escalate a dispute with the United States that has helped foment a Turkish currency crisis, claiming Tuesday that his country will boycott U.S.-made electronic goods. Behind the scenes, however, diplomats resumed contact to ease tensions. Addressing a conference of his ruling party faithful in the capital, Recep Tayyip Erdogan added fuel to the spat with the...

August 14, 2018
forex

Forex Weekly Outlook

A complete look at the week ahead in the currency markets and how to trade...

July 30, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market.

July 23, 2017
forex

Asian markets mixed after Wall St falls on Turkey jitters

BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street...

August 14, 2018
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market and how to trade the...

July 16, 2017
forex

The Latest: Turkey: US won't achieve aims through sanctions

ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times...

August 13, 2018