Review of Goldman Sachs’ top trades for 2018 2018 isn’t over but most of are. Last November, the firm released its best ideas for the year and let’s just say they were wrong about a few things.
Stay above keeps the bulls in control . The digital offering rose some 77% from yesterday’s close at the high. Just when you thought cannibas would overtake digital currencies, the market in digital heats up again. Is it for real?
Forex news for North American trading on September 21, 2018: Markets: – Gold down $9 to $1198 – WTI crude up 53-cents to $70.84 – S&P 500 flat at 2930, up 0.9% on the week When you take a look at the net changes on the day it’s bland except for the huge move in…
Closing changes for the main bourses: On the week: On days like today, the FTSE 100 trades like an inverse-GBP ETF. ForexLive
S&P misses out today. Declines. Nasdaq continues its pause The US stocks are ending the day mixed. The Dow sets another record and has the largest weekly gain since July. The S&P and Nasdaq fell. The Nasdaq lagged this week.
Sees 4Q at 2.7% vs 2.8% last week The NY Fed raised their estimate for 3Q growth to 2.3% vs 2.2% last week. When you look at another decimal point, the gain was from 2.24% last week to 2.26% this week. Not a big change.
Switzerland keeps top rating Fitch says doesn’t expect SNB to hike rates in 2019. Other ratings moves: – Fitch affirms Norway at AAA with a stable rating – S&P says Jordan B+ rating affirmed, stable rating
Ripple soars Sell pot stocks and buy crypto? Ripple is on fire today. It’s up 77% in the past 24 hours to 0.652. It was as low as 0.25 earlier this week.
Commitment of traders report for the week ending September 18, 2018 Highlights: ForexLive
Dow Jones report Dow Jones that Saudi Arabia is getting more demand than anticipated for its oil and is running low in its October allocation because it underestimated how much Iran sanctions would impact demand.