Resource Investor

Market events to watch this week …read more From:: Resource Investor

The U.S. dollar appreciated against major rival currencies on Friday. The dollar rally is back on after the two of the largest parties in Italy agreed to form a coalition government and Japanese inflation retreated. Although there is no plan for Italy to exit the European Union it could put it to the test with

Void of any major economic news from Europe or the United States, the dollar rose further first thing this morning while stocks came under some pressure. As the session wore on though, the dollar eased back a little against safe-haven currencies while European equities remained under pressure, undermined by a growing sell-off in Italian bond

Bob Moss had not even turned 21 when he began trading on the MidAmerica Exchange, and it wasn’t his first career choice. Moss was taking pre-med classes at Knox College but secretly wanted to be a professional race car driver. …read more From:: Resource Investor

A daily summary of high-profile members of several complexes. …read more From:: Resource Investor

The S&P 500 traded to a high of 2732 early yesterday and regained 1% from Tuesday’spullback. As we discussed earlier in the week, this consolidation is fundamentally and technically healthy. In fact, the S&P has held ground in the face of the Dollar Index rising 1% and the 10-year Note hitting the highest yield since

Today is fairly light on the data front. The only notable exception will be Canadian inflation and retail sales figures, which will be released later at 13:30 BST (08:30 EDT). CPI inflation is expected to have risen in April by another 0.3% like it did in March. Meanwhile, retail sales are also expected at have

Saudi Arabia is focused on reducing surplus oil inventories, and the extension of production cuts along with growing global demand is helping. …read more From:: Resource Investor

ITG Investment Technology Group has been a laggard in a sector that is now spiraling lower — not a good combination. ITG is an investment play that is unchanged year-to-date and 3% lower during the last 12-month period. It sports a dividend yield of 1.4%. Earnings momentum has been waning with three straight losing quarters:

The dollar continues to find good support thanks mainly to ongoing expectations that the Fed will be tightening its policy more aggressively relative other central banks in the near term outlook. …read more From:: Resource Investor