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  • Article / 6 hours ago

    3 Numbers: Eurozone business sentiment stumbles, US jobless, US homes

    editor/analyst /
    United States
    3 Numbers: Eurozone business sentiment stumbles, US jobless, US homes
    Any signs of slower growth is a risk factor for Europe and if today's Eurozone business sentiment shows a fall, it will be a timely reminder that Europe's recovery will be gradual. Meanwhile, across the Atlantic, expectations are for an upbeat outlook in today's jobless claims data, while the recent strength in pending home sales is set to continue.
    Read the article
  • Trade view / 7 hours ago
    Strategic trade

    Alibaba receives MyBank approval

    Portfolio Manager / Alcuin Asset Management
    Alibaba has received approval to launch its own internet bank, called MyBank. As well, Alibaba and Wal-Mart have been expanding their collaboration through the use of Alipay in Wal-Mart China stores, and I expect to see further synergies in the online grocery delivery industry.
    Read the Trade View
    moat888 moat888
    1) Is AliPay used in physical retail stores in China at all? For example can you pay with AliPay (using our phone) at KFC, McD, and...
    Neil_Flynn Neil_Flynn
    It's used in some physical stores. For example, if i go into my local 7-11, i go to the counter, open my Alipay app, select the QR...
    Neil_Flynn Neil_Flynn
    MyBank and WeBank are going to completely revolutionise the banking industry in China, which has been so slow to evolve with technology. In the UK, i've used...
  • 1d
    abralers abralers
    This comment has been redacted
  • Calendar event / Yesterday at 11:00 GMT
    Low Market Composite Index
    Low Market Composite Index Cur Chg
    Low Purchase Index (S.A.)
    Low Purchase Index (S.A.) Cur Chg
    Low Refinance Index
    Low Refinance Index Cur Chg
  • Article / Tuesday at 15:20 GMT

    US Stocks: Choppiness reaches 17-year high

    Trader /
    United States
    US Stocks: Choppiness reaches 17-year high
    Another week went by and US stocks pushed marginally higher again, at least as measured by the benchmark S&P 500 index (SPX.I). As such the game of musical chairs continues until equity investors stop reacting to stimulus-enforcing central banks. I am focusing on two major economic data prints coming up in the next few weeks, the anticipation of which could serve to hold up US stocks... at least until those data points have come and gone.
    Read the article
  • 1d
    Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
    S&P 500 has sold off 15 point since I wrote this. It changes nothing.

    Dow has sold off 170-odd points. i'm still of the same view. In...
    Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
    Yesterday's rally shows that this is still a "buy the dips" market and we were right to stay bullish despite Tuesday's weakness.