ValueAct Capital has taken a $1.2 billion position in Fiserv. The financial services tech company is right in the investor’s sweet spot.
China reportedly weighs ban on U.S. IPOs from domestic tech companies with sensitive data
Chinese regulators are eyeing new rules that would restrict domestic internet companies to go public in the U.S., the Wall Street Journal reported on Friday.
Stocks making the biggest moves midday: Dell, Peloton, Workday and more
These are the stocks posting the largest moves in midday trading.
Powell sees taper by the end of the year, but says there’s ‚much ground to cover‘ before rate hikes
Federal Reserve Chairman Jerome Powell indicated Friday that the central bank is likely to begin tapering before the end of the year.
US Dollar Outlook Hinges on ISM Manufacturing Survey, NFP Report
The slew of US data prints on tap for the start of September are likely to sway the Dollar as the Federal Reserve retains an outcome-based approach for monetary policy.
Bitcoin, Ethereum Predictions – Consolidation Phase Leading to Higher Prices
Bitcoin continues to draw strength from the 200-day simple moving average and if this continues, higher prices may be seen in the near future.
Australian Dollar Outlook: AUD/USD at Crossroads of Commodities, Yields, Sentiment
The Australian Dollar has grinded higher, but future direction will likely depend on commodity pricing, yield differentials and risk appetite.
Forexlive Americas FX news wrap: Fed Powell refuses to budge on setting taper timeline and sends the USD lower
Forex news for North American trading on August 27, 2021
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The forex markets (and other markets for that matter) have been tending to go from key event to key event. This week, it was the keynote address from Fed Chair Powell at the Jackson Hole virtual summit.
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The forex markets (and other markets for that matter) have been tending to go from key event to key event. This week, it was the keynote address from Fed Chair Powell at the Jackson Hole virtual summit.
US stocks close near highs. Record closes for the the S&P and NASDAQ
S&P has its best day in more than a month
The final numbers are showing:
The final numbers are showing:
Fed’s Waller: One more good jobs report will be sufficient to be able to start tapering
Comments from the Fed Governor
Waller has hinted at wanting to taper previously so his comments aren’t a surprise but it’s odd to see a Governor drift so far from the core of the FOMC. He has previously said he wants to see one more strong jobs report, so that’s nothing new.
Waller has hinted at wanting to taper previously so his comments aren’t a surprise but it’s odd to see a Governor drift so far from the core of the FOMC. He has previously said he wants to see one more strong jobs report, so that’s nothing new.