‘Fast Money’ traders talk industrial’s leading the market higher. Source link
Author: usaeverydaylife
The Monetary Authority of Singapore building in Singapore.Wei Leng Tay | Bloomberg | Getty ImagesSingapore on Friday loosened its monetary policy for the first time since 2020, citing a faster than expected decline in inflation and warning about a growth slowdown.The Monetary Authority of Singapore said it would slightly reduce the slope of its exchange rate policy band, known as the Singapore dollar nominal effective exchange rate, or S$NEER.In its release, MAS said Singapore’s growth momentum is expected to slow this year, and core inflation “has moderated more quickly than expected.”It added that inflation will remain below 2% this year,…
Osaka, Japan.Jiale Tan | Moment | Getty ImagesAsia-Pacific markets climbed Friday, after the S&P 500 hit record highs on Thursday as U.S. President Donald Trump called for lower interest rates and cheaper oil prices.Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case for a rate hike from the Bank of Japan.The CPI announcement comes ahead of the Bank of Japan’s monetary policy meeting today. Market watchers expect the central bank to raise rates its their level in 17 years.The country’s stock benchmark Nikkei 225 started the day up 0.31%.South Korea’s…
A major exchange-traded fund provider is trying to take the volatility out of bitcoin investing.Calamos Investments launched the Calamos Bitcoin Structured Alt Protection ETF (CBOJ) on Wednesday. The firm brands it as “the world’s first downside protected bitcoin ETF.” It is built with risk-adverse investors in mind.”You can get in all day long. Get that 100% protection. And then at the end of the day, we’re going to strike the cap,” the firm’s ETF head Matt Kaufman told CNBC’s “ETF Edge” this week.” Bitcoin is a volatile asset … we don’t want the price of bitcoin to move on you…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 closed at a fresh record, and what’s on the radar for the next session. Record highs for S & P 500 The S & P 500 set its first record close of the year, closing above 6,100 for the first time. It also notched an intraday record for the second day in a row.…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019.Massimo Pinca | ReutersDETROIT — Shares of Nikola closed Thursday down 27.8% after a report that the embattled electric truck maker is exploring options to sell parts or all of the business.The stock closed Thursday at 85 cents apiece after hitting a new 52-week low of 76 cents prior to the end of trading.Bloomberg News reported the potential sale Thursday afternoon and noted other possibilities under consideration include bringing…
To watch Ichiro Suzuki hit ’em where they weren’t for all those years was to have a front-row seat at the intersection of athleticism and artistry. Ichiro was Greg Louganis on the springboard in Seoul. He was Randy Moss extending his arms and collecting the deep ball. He was Bobby Orr going coast-to-coast and netting a short-handed, backhanded goal.Beautiful. Just beautiful.And so when Ichiro’s name was called Tuesday night as the leadoff hitter in the Hall of Fame’s Class of 2025, an opportunity presented itself for us to close our eyes and relive some of those magical days. Or, we…
A founder of a French cryptocurrency company and his wife were freed in France this week after being brutally kidnapped and held for ransom, the authorities announced on Thursday.David Balland, a founder of Ledger, a company that sells physical devices to store crypto assets, was abducted alongside his wife early on Tuesday from their home in Vierzon, a city in central France, according to the Paris prosecutor. The couple were whisked away by car, then separated and detained at different locations, the prosecutor said.The kidnapping set off a broad investigation involving more than 230 officers who sought to locate the…
Joe Lavorgna, SMBC Nikko Chief Economist, joins ‘Fast Money’ to talk the economy under Trump 2.0. Source link
