Bruce Bentley

* Investors torn between higher yields and Fed stance - Analyst * Malaysia's ringgit rose the most after the long weekend * Singapore stocks were led by banks and real estate firms June 8 (Reuters) - Asian emerging currencies held out on Tuesday broadly stable as traders take a cautious approach ahead of US inflation data this week for further clues about the Federal Reserve's taper. Equity markets in the region were mixed, with Kuala Lumpur leading the way, up 0.4%, while Jakarta <.JKSE fell 0.8% on concerns over spikes in COVID-19 cases in some Parts of the country. Investors are watching US inflation data due Thursday after last week's salary report dampened expectations of short-term Fed measures to tighten monetary policy. "There is some breathing space for EM investing as taper fears are allayed," Eugene Leow, an interest rate strategist at DBS, said on a client note. “We believe investors are still torn between looking for higher returns while ke...

BlackBerry Ltds (NYSE: BB) Stocks have been in thunder recently along with a number of other stocks favored by retailers and Reddit forum users. Redditors have been targeting stocks since January - mostly GameStop Corporation (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) - who hold a large percentage of their stocks empty from institutions and hedge funds, and have grown dozens of stocks to epic proportions with the help of big banks. See also: What Traders Need to Know About GameStop and Naked Short Selling BlackBerry has a total float of 515.33 million with 50.23 million or approximately 10% of its float being held in a short position. BlackBerry also has a high level of institutional ownership - it owns 42.39% of its total available stock. Between May 26 and June 3, BlackBerry was down 131% before consolidating below its new high of $ 20.17. On Monda, BlackBerry stock rose 18% and a number of option traders got into and bought over $ 1.17 million worth of call ...

An urgent vote on plans to move Birkenhead Market to a temporary location has been postponed after a backlash from traders. For the past few months, traders have been angry with the Wirral Council, which runs Birkenhead Market, saying the plan to temporarily move it to St Werburghs Square risks ending the market and its history, which began in 1835. The move to St. Werburghs Square is scheduled for early next year and will take at least three years before a new permanent store is built. The main concerns of dealers are that the new booths won't be big enough, there won't be enough, and more than half of them will be outside and may not attract customers outside of the summer months. With 21 stalls inside and 24 outside, many fear that this will force long-standing stand owners out of the market. Given these concerns, it is believed that an important committee vote on the move to St. Werburghs Square has been postponed from June 8th to September. The Liverpool Echo ...

As Delhi prepares for the second phase of reopening after a seven-week lockdown, market welfare organizations in the city said they are trying to vaccinate as many shopkeepers and employees as possible. While shopping malls will invest in real-time traffic management, county officials said they will tighten enforcement of distance and mask standards. On Monday, around 250 enforcement teams from the Delhi Treasury Department will be deployed in markets and public places that are likely to see large crowds, a senior government official said. “Liquor stores will be under surveillance. You are likely to see huge crowds in the next few days. When things got out of hand, sub-department officials were instructed to immediately close stores for the day, "the government official said. Dharmendra Kumar, the additional District Judge of West Delhi, said: “Enforcement is being stepped up. We must maintain social distancing and high mask compliance at all costs. We cannot allow Covid-19 c...

Bond investors are confident that the months of calm in the treasury market will have a finite shelf life. A job growth report in May that disappointed some traders sparked a breakout of short covers on Friday. But it left speculation intact that the U.S.'s recovery from the pandemic is strong enough to lead the Federal Reserve to finally start discussions this month on the idea of ​​scaling back its massive bond-buying program. At the Fed meeting on March 15-16, No monetary policy move is expected in June. The options market is merging around an actual shift in August - with the potential to blow the returns off their volatility killer trading. At this point, the Fed traditionally holds its annual meeting in Jackson Hole, Wyoming, which has historically served as a place for major policy signals. "At least the Fed will acknowledge that it moved from the taper of not even talking about it to talking about it," said Gene Tannuzzo, a ...

Bond investors are confident that the months of calm in the treasury market will have a finite shelf life. A job growth report in May that disappointed some traders sparked a breakout of short covers on Friday. But it left speculation intact that the U.S.'s recovery from the pandemic is strong enough to lead the Federal Reserve to finally start discussions this month on the idea of ​​scaling back its massive bond-buying program. At the Fed meeting on March 15-16, No monetary policy move is expected in June. The options market is merging around an actual shift in August - with the potential to blow the returns off their volatility killer trading. At this point, the Fed traditionally holds its annual meeting in Jackson Hole, Wyoming, which has historically served as a place for major policy signals. "At least the Fed will acknowledge that it moved from the taper of not even talking about it to talking about it," said Gene Tannuzzo, a portfolio manager at Columbia Threa...

Higher salaries keep the drivers at home Truck drivers keep higher salaries at home W. With such high transportation rates, companies are grappling with the new reality that a truck driver doesn't have to have a busy schedule to earn a decent salary, said David Parker, CEO of Covenant Logistics, in a recent phone conversation with analysts. "We find that the numbers just to get a driver are $ 85,000 a year," said Parker. “But a lot of these drivers are happy with $ 70,000. Now they don't come to work for me unless it's $ 80,000 because they are lucky enough to make $ 70,000. " David Parker, Chief Executive of Covenant Logistics What is happening, he said, is that truckers are looking at the fact that they can make $ 70,000 "and stay home a little bit more". The result is a tightening of capacity. Parker said Covenant's first quarter utilization was three or four percentage points lower than it would have been based on that development. ...

Market Research Inc has compelling market data on the size of the Global Cloud Storage Software Market The report also draws attention to the current market scenario which further helps to fully understand the market. The data highlights important questions faced by various stakeholders in the Cloud Storage Software market. Primary and secondary research methods are also examined. In addition, the study focuses on current market trends, advances, advertising and branding strategies. Get a sample copy (including table of contents, graphs, and tables) of this report: @ https://www.marketresearchinc.com/request-sample.php?id=27338 Main actor AWS (USA) Google (USA) Microsoft (USA) IBM (USA) Huawei (China) Alibaba Cloud (China) Oracle (USA) Rackspace technology (USA) HPE (USA) Dell Technologies (USA) Dropbox (USA) Cardboard box (USA) Tencent Cloud (China) Fujitsu (Japan) VMware (USA) NetApp (USA) Hitachi Vantara (USA) Scalability (USA) Citrix (USA) UpCloud (Finla...

The main stock indices traded with slight losses in the afternoon. Metal stocks extended recent gains. The Nifty traded just above the 15,650 mark. At 2:20 p.m. IST, the barometer index, the S&P BSE Sensex, fell 178.96 points or 0.34% to 52,053.47. The Nifty 50 index lost 36.55 points, or 0.23%, to 15,653.80 points. The broader indices outperformed the benchmarks. The S&P BSE Mid-Cap Index rose 0.51%. The S&P BSE Small Cap Index gained 0.63%. Buyers outperformed sellers. On the BSE, 1,790 stocks rose and 1,326 stocks fell. A total of 147 shares remained unchanged. Result of the RBI guideline: The Reserve Bank of India (RBI) left repo rates unchanged at 4% and maintained their accommodative stance following the conclusion of the Monetary Policy Committee (MPC) meeting on May 4. The RBI MPC started its bimonthly monetary policy consultations on Wednesday, June 2, 2021. Based on an assessment of the current and developing macroeconomi...

Senseonics Holdings Inc. (NYSE: SENS) was trading in massive bullish volume up over 47% on Friday afternoon. By the afternoon, over 157 million shares of Senseonics had changed hands, compared to the average of just over 27 million shares. Senseonics is also a heavily shorted stock with 72.56 million, or 17.5% of the 317.27 million stock held. A short squeeze took place on Friday and stocks shot to $ 3 levels and a number of option traders loaded the boat with call contracts, selling over $ 664,855 shares of Senseonics. Some options traders even believe the stock could reach as high as $ 10.00 by January 2023. After the market closed on Thursday, the company announced the results of the PROMISE study, which shows the high accuracy of the 180-day CGM sensor. Why it matters: When a sweep order occurs, it indicates that the trader wanted to enter a position quickly and is expecting a large movement in the stock price to come. A sweeper pays the market price for the call option in...

Market Watch: Aditya Agarwala of Yes Securities   - Muthoot Finance is a buy with a stop loss of Rs 1,250 and a target price of Rs 1,350. - Lupin is a buy with a stop loss of Rs 1,165 and a target of Rs 1,300. Divi's Labs shares jump 4% to hit new high on strong Q4 The share price of Divi's Laboratories jumped 4 percent to hit a new high on Monday after the drug maker reported robust results for the March quarter. The company's net profit rose 24.5 percent in Q4 to Rs 488 crore as compared to Rs 392 crore in the same quarter last year. Revenue from op...

The report contains a detailed assessment of the 'Global CBN and PCBN Market' . These include basic technologies, key trends, market drivers, challenges, competition, standardization, regulatory landscape, deployment models, market size, operator case studies, opportunities, future roadmaps, value chains, ecosystem player profiles and strategies. The report also includes SWOT analysis and forecast for market investments from 2020 to 2026. The global market size for CBN and PCBN will grow from xxx million USD in 2020 to xxx million USD before 2026 and with a CAGR of xx%. The base year considered for this report is 20120, and the market forecast period is forecast from 2021 to 2026. Leading companies of the global CBN and PCBN market are: Carbide Products Inc, Sandvik, FUNIK, ILJIN, Zhengzhou Sino-Crystal, Henan Huanghe Whirlwind, Ceratonia , etc. (SPECIAL OFFER: UP TO 25% DISCOUNT FOR A LIMITED TIME) Get a sample copy of this report: https://www.reportsnmarkets.com/req...

Lauren Rudd | Sarasota Herald-Tribune The latest economic data showed that new home sales declined more than forecast, while higher prices dampened demand. Consumer confidence collapsed for the first time this year, as inflation worries and increased unemployment likely dampened sentiment. So what now? In more than half a century of experience, I know of no investment vehicle that can compete with common stocks to build wealth. Yes, such an investment strategy involves dealing with risks that can, however, be minimized. What is making your stomach upset, however, is less the risk of investing in stocks than the recent heightened market volatility. Let me reiterate that market volatility is not synonymous with risk. Do not confuse risk with daily price fluctuations. As I have said repeatedly, price fluctuations are random events that are not suitable for forecasting. While such a statement is the opposite of what many tech traders believe, academic studies show it to be valid. ...

The benchmark indices traded with modest gains in early afternoon trading. At 12:20 p.m. IST the barometer index, the S&P BSE Sensex, rose 213.44 points or 0.41% to 52,062.92. The Nifty 50 index rose 73.25 points, or 0.47%, to 15,649.45. In the broader market, the S&P BSE Mid-Cap Index rose 1.03% while the S&P BSE Small-Cap Index rose 1.29%. The market breadth was strong. On the BSE, 2,120 shares rose and 884 shares fell. A total of 152 shares remained unchanged. Derivatives: The NSE's India VIX, a measure of the market's near-term volatility expectation, fell 8.35% to 15.7725. The Nifty June 24, 2021 futures traded at 15,688.60, a premium of 39.15 points over the spot price at 15,649.45. The Nifty option chain for expiration on June 24, 2021 showed a maximum call OI of 24.2 lakh contracts at the 16,000 exercise price. The maximum put OI of 30.4 lakh contracts was seen at the 15,000 strike price. Sum index: The Nifty Metal...

National Grid plc (NYSE: NGG) had an unusually large options trade on Wednesday. Traders purchased 19,830 call options on the stock. This corresponds to an increase of around 8,232% compared to the average volume of 238 call options. National Grid shares rose $ 1.02 on Wednesday to hit $ 68.26. The company's stock had a trading volume of 10,299 shares compared to an average volume of 348,949 shares. The company has a quick ratio of 1.01, a current ratio of 1.06 and leverage of 1.38. National Grid has a 52-week low of $ 53.09 and a 52-week high of $ 67.87. The company has a market capitalization of $ 48.45 billion, a P / E of 18.94, a price-to-earnings-to-growth ratio of 6.12, and a beta of 0.34. The company's fifty-day moving average price is $ 63.15. The company also recently announced a semi-annual dividend, which will be paid on Wednesday, August 18th. Investors registered on Friday June 4th will receive a dividend of $ 2.2812. The ex-dividend date is Thursday June ...

Top line After a recent spate of meteoric gains, AMC Entertainment's shares soared again in pre-market trading on Wednesday morning after the company announced it was launching a shareholder-only incentive program, which is the company's latest attempt at one unprecedented wave of interest from investors on Reddit boards and other social media despite longstanding concerns that the stock is overvalued. The shares of AMC Entertainment, the world's largest cinema chain, are up more than 1,700% ... this year after the surge ahead of the market. Getty Images Important facts The new program, called AMC Investor Connect, will keep the company's "exceptional base of avid and passionate individual shareholders" updated on company information and provide them with special offers starting with a free big popcorn at their first movie screening this summer, AMC announced known on Wednesday. In the a...

STOCKHOLM , June 1, 2021 / PRNewswire / - CFD Trading grew 33% with 550,000 active users in 2020. Meme stocks cryptocurrencies like GME and Dogecoin have sparked interest. Skilling, eToro and Plus500 are leaders in the UK CFD market. About CFD trading CFD trading is defined as "buying and selling CFDs", where "CFD" means "contract for difference". CFDs serve as a tool that allows the investor to speculate on the price of the underlying assets without actually becoming the owner of the stocks, forex, ETFs or crypto. The online trading platforms offer retailers access to an opportunity to invest exclusively for professionals. Fastest Growing UK CFD Broker in 2021 Qualification - new entrant in the UK market with an intuitive platform and no commission trading app, has grown rapidly since COVID with a top of the line product with +800 instruments regulated by FCA and CySEC. Started in 2016 with multinational offices in the UK Malta, Spain and Cyprus. eT...