• All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Write a Squawk
No posts
  • 3h
    Charles Asmar Charles Asmar
    Hi Stephen, What do you suggest me for EURGBP? Short or Long...
    Stephen Pope Stephen Pope
    I have to say Sell EURGBP i.e. sell Euro and buy Sterling. For my way of thinking it is clear that the ECB...
  • Editor’s Picks / 4 hours ago

    Greek shipping less help to Greece than GDP shows

    "A Reuters analysis of corporate filings and economic data suggests shipping's heroic role in Greece's economy is largely a myth," writes Reuters correspondent Tom Bergin. According to official statistics, shipping generates around 4% of Greece GDP. But Reuters analysis shows that so little of the Greek shipping industry's income ever lands in the country that its GDP contribution is perhaps only around a quarter of what the official data show. "Shipowners have resisted any effort to ditch the tax breaks they enjoy, and no government has dared touch them," Bergin writes. Greek shipowners include in their statistics billions of dollars which never enter the Greek economy. If Greece counted only payments to Greek companies and individuals - as other countries do - the deep-sea shipping industry's contribution would be equal to around 1 percent of GDP, Bergin says. For Greece, the cost of the tax breaks to shipowners runs into hundreds of millions of euros, he adds.
    Read article on Reuters
    Go to post
  • Article / 4 hours ago

    Thankful for market respite on Thanksgiving

    Director / Accumen Management
    United Kingdom
    Thankful for market respite on Thanksgiving
    Forex markets have gone quiet thanks to the Thanksgiving holiday in the US, which brings some welcome respite. The Australian dollar took a hit overnight from much weaker-than-expected capital expenditure figures. And our tight position on Cable has proved beneficial over the past 24 hours.
    Read the article
  • 6h
    Mads Koefoed Mads Koefoed
    "Instead, I prefer to point out and hold accountable any trade group that makes misleading forecasts based on questionable methodologies on behalf of their members to promote...
    Michael S. McKenna Michael S. McKenna
    Risholtz appears to have formed something of an identity around his criticism of NRF figures, and as such I agree that his article this year was strangely...
  • Editor’s Picks / 8 hours ago

    The days of Apple's amazing profits may be over

    The S&P 500's profit margin growth over the past five years has been driven largely by tech, and one name in particular: Apple. Unfortunately for the market and for Apple, the days of exceptional expansion may be over, writes Stephanie Yang. According to David Kostin of Goldman Sachs many of the margin expansion drivers during the past few decades appear to be behind us, including lower interest rates, lower taxes, a switch from manufacturing to services and technological innovations.
    Read article on CNBC
    Go to post
  • Editor’s Picks / 8 hours ago

    Volkswagen releases emissions fix for diesel cars

    Embattled carmaker Volkswagen has released a fix for its diesel cars that will bring their emissions in line with European clean air standards, reports CNBC. The procedure involces a software update as well as the installation of a physical component. According to CNBC, about 8.5 million vehicles will require the repair. Ferdinand Dudenhöffer, a professor at the University of Duisburg-Essen, estimated the recalls in Europe will cost $532 million – a mere fraction of the €6.7 billion the company has set aside to cover the scandal. VW shares are currently trading at €136.10 in Frankfurt.
    Read article on CNBC
    Go to post
  • Article / 9 hours ago

    From the Floor: Turkish lira woes reveal tensions

    Saxo Bank
    From the Floor: Turkish lira woes reveal tensions
    Asian markets were mixed and mildly positive overnight, but nervousness over the standoff between Russia and Turkey after the downing this week of a Russian aircraft was reflected in a sharp drop in the Turkish lira after Turkey's government released documents which omitted the word "independent" from a description of the central bank.
    Read the article