Category: closely

  • BofA says Trump will backstop stocks this year, but to closely watch one key area of the market

    Angela Weiss/AFP Bank of America sees penny stocks as a leading indicator to watch in the broader stock market. High concentration in a few stocks and high valuations are limiting the stock market’s upside, Bank of America said. Small-cap stocks face challenges from rising interest rates, which impacts non-profitable companies.…

  • XRP Price Closely Mirrors Previous Penultimate Bull Market Surge, Rally To Extend?

    Following the significant rise in the price of XRP, optimism towards the future performance of the altcoin is growing significantly within the community, as evidenced by many Bullish outlook From cryptocurrency analysts regarding its potential for further upside, perhaps to a new all-time high in the ongoing market cycle. Similarities…

  • Japan watching yen moves closely, finance minister says after stocks rout By Reuters

    Written by Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Monday authorities were closely monitoring exchange rate movements after the Japanese currency fell to its biggest one-day drop since 1987. He said it was desirable for foreign exchange rates to move stably and…

  • Taiwan war games to mimic combat as closely as possible By Reuters

    Written by Ben Blanchard TAIPEI (Reuters) – Taiwan’s annual war games this year will be as close to actual combat as possible, no longer just a point-scoring show but aiming to simulate real combat given the rapidly growing “enemy threat” from China. The official said. China, which considers democratically-ruled Taiwan…

  • The UK CPI report today will be one of the more closely watched ones

    This is one of them, if not debatable the The report is key to settling this debate. Because the next UK CPI report for May will come just one day before the June monetary policy decision. So, what does the backend look like as we head towards the major release…