That lofty valuation makes Chime the most valuable American fintech start-up serving retail consumers.
Archiv für den Monat: September 2020
Stock picking has a terrible track record and it’s getting worse
The vast majority of active managers underperform their risk-adjusted benchmarks. How come so few fund managers beat the market?
Stocks making the biggest moves in the premarket: Oracle, Tesla, Home Depot, Beyond Meat & more
These are the stocks posting the largest moves in the premarket, including Oracle, Tesla, Home Depot, Beyond Meat, and more.
U.S.-China investment flows hit their lowest in 9 years as companies feel the pressure to pull out
The decline continues a trend of the last three years, reversing a flurry of mergers and acquisitions by Chinese conglomerates in the U.S. that included purchases such as the Waldorf Astoria in New York.
CaixaBank and Bankia to merge, creating Spain’s largest bank
The newly created lender, which will keep the CaixaBank brand, will have assets of more than 664 billion euros, the companies said.
Thought for the day – Don’t ignore market sentiment
What’s the market mood?
Sentiment analysis is simply understanding the current mood of the market.
The market, like a person, is subject to different moods. Correctly reading the market’s mood is crucial in making profit. Now, if you misread a person’s mood you may end up accidentally feeling the effect of a person’s bad mood
Sentiment analysis is simply understanding the current mood of the market.
The market, like a person, is subject to different moods. Correctly reading the market’s mood is crucial in making profit. Now, if you misread a person’s mood you may end up accidentally feeling the effect of a person’s bad mood
UK sells 1and 3 month bills today with negative yield
First time since 2017, via Bloomberg
Aside from Dec 2020 contract implied yields on all of short sterling contracts out to September 2023 are below zero with 2 and 5 yr gilt yields also having negative yields.
Aside from Dec 2020 contract implied yields on all of short sterling contracts out to September 2023 are below zero with 2 and 5 yr gilt yields also having negative yields.
Forexlive European FX News 18 Sep – NZD leads the pack on Finance Minister interview
NZD leads the way
Other markets
– FTSE -0.16%
– Euro Stoxx +0.08%
– Dax +0.35%
– CAC -0.22%
– Gold +0.42%
– US oil +0.27%
The session started with USD weakness helping push the major pairs up. The day promised potential volatility with quadruple witching in play, but that was illusory.
Other markets
– FTSE -0.16%
– Euro Stoxx +0.08%
– Dax +0.35%
– CAC -0.22%
– Gold +0.42%
– US oil +0.27%
The session started with USD weakness helping push the major pairs up. The day promised potential volatility with quadruple witching in play, but that was illusory.
NZD outperforms on Finance Minister’s positivity
NZD
USDJPY makes fresh lows
S2 daily pivot below
Approaching next target around 104.18
Approaching next target around 104.18