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  • Editor’s Picks / 4 hours ago

    Facebook's first step toward making money from WhatsApp deal

    Bloomberg
    Facebook is laying the groundwork for its free messaging service WhatsApp to begin making money, easing its privacy rules so data can be used for Facebook advertising and allowing businesses to message its more than one billion users. Adam Satariano writes it's the first step toward monetising the platform since the social network’s Chief Executive Officer Mark Zuckerberg paid $22 billion for the app in 2014. The change allows businesses to communicate with users, including appointment reminders, delivery and shipping notifications and marketing pitches. WhatsApp said it will be testing the features over the coming months.
    Read article on Bloomberg
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  • Article / Yesterday at 14:45 GMT

    Opec: Cartel of collusion or an ouroboros?

    Managing Partner / Spotlight Group
    United Kingdom
    Opec: Cartel of collusion or an ouroboros?
    Opec is dominated by the will of its leading member and oil producer, that is, the Kingdom of Saudi Arabia. Its nations have to fall in line with KSA and to the direction it wants to take – which sounds like a cartel. But in the end the market will triumph as the cartel might raise prices but it cannot create effective barriers to entry.
    Read the article
  • Article / Yesterday at 12:14 GMT

    Warning lights flashing for copper

    Head of Commodity Strategy / Saxo Bank
    Denmark
    Warning lights flashing for copper
    While investors have been chasing equities higher and bond yields lower in this negative-rate environment, developments in other sectors could indicate that all is not well. Copper,a traditional gauge for global growth and demand, is down on the year and now sits just above multi-year support.
    Read the article
  • 13h
    Michael O'Neill Michael O'Neill
    I would bet that 95% of Americans never heard of Nigel Farage. They couldn't name the Prime Minister of Canada or President of Mexico, and those guys...
    10h
    yuiyui yuiyui
    hear hear
    9h
    Patto Patto
    CFD and betting sites have Trump priced at about 23 (payoff of 100 if he wins) and Clinton 77. That's almost 5/1 in a two horse race....
  • Video / Yesterday at 9:17 GMT

    US housing boom to continue: Garnry

    Peter Garnry
    Recent data on new US home sales showed a big surprise to the upside, according to Saxo Bank head of equity strategy Peter Garnry.

    New US home sales have reached their highest level in 9 years but this is still below the natural rate.

    Garnry believes that the robust employment trend could spell a continuation of the US housing boom. And this trend could prove positive for companies like Home Depot and Toll Brothers.

    Garnry is positive on Toll Brothers and his trade idea is to go long with a target of $40 and a stop at $30.
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