Upward Momentum May Lead To Continued Strength On Wall Street

Upward Momentum May Lead To Continued Strength On Wall Street
The major U.S. index futures are pointing to a higher opening on Tuesday, with stocks poised to extend a recent upward move. Stocks may continue to benefit from recent upward momentum, with traders shrugging off a recent batch of disappointing economic data. Trading activity may be somewhat subdued, however, as traders may be reluctant to make significant moves ahead of... Read More

Fed Policy Meet: What's In Store?

Fed Policy Meet: What's In Store?
This week brings us the latest Federal Market Open Committee (FOMC) two-day meeting, where Fed presidents from regions across the U.S. meet with Fed Chair Janet Yellen to discuss and decide on monetary policy. The participants convene tomorrow, and by Wednesday afternoon we look forward to a press conference with Yellen regarding any changes being made. Literally no one expects... Read More

Sub-$50 Oil Could Kill Shale

Sub-$50 Oil Could Kill Shale
Oil prices are at their highest levels in months on the back of strong demand and some key supply outages around the world. But the next price movements are unclear, as is the response from U.S. shale. As the International Energy Agency (IEA) noted last week, global oil supply fell in August by about 720,000 bpd—a large contraction after months of sizable... Read More

Ford Finds a New Ally in India: Mahindra

Ford Finds a New Ally in India: Mahindra
Ford Motor Company (NYSE: F) and Indian automaker Mahindra and Mahindra (NASDAQOTH: MAHMF) have announced a new alliance. The two have agreed to work together on a number of initiatives that could help Ford, which had considered leaving India, to gain a better foothold in a country that’s set to become the world’s third-largest new-vehicle market. Right now, Indian consumers... Read More

4 Big Ways Lawmakers Are Messing With Your Retirement Security

4 Big Ways Lawmakers Are Messing With Your Retirement Security
Keeping track of the news out of Washington is a challenge. Unfortunately, many actions taken in recent months seem almost targeted toward making America’s retirement crisis even worse. From threatening draconian cuts to Medicaid — which millions of seniors rely on to cover long-term care costs — to stopping states from helping boost residents’ retirement savings, lawmakers have been busy... Read More

3 Must Read Stories: Chinese Financial Market Reforms, Bitcoin Rally, China-Singapore Relations Back on Track

3 Must Read Stories: Chinese Financial Market Reforms, Bitcoin Rally, China-Singapore Relations Back on Track
The People’s Bank of China (PBoC) is holding a meeting on Tuesday to discuss a raft of reforms  which would give foreign investors greater access to the financial services industry in the world’s second biggest economy. Here’s the South China Morning Post with the details : The People’s Bank of China will convene an internal meeting on Tuesday to discuss its... Read More