Daily summary

Breaking: Death toll reaches 9 from Corona Virus. A virus called coronavirus out of China, with more than 200 cases diagnosed, and other countries. Wall Street lost ground on Tuesday, backing away from record highs as a viral outbreak from China found its way to the U.S. EQUITIES European shares bounced back on Wednesday, as...

The Swiss Investment Bank UBS cuts mid-term targets after 2019 profit drop. UBS reported a net profit of $4.3bn for 2019, compared with $4.5bn in 2018 The shares down 5% today after the Swiss bank misses 2019 group targets for profits, revenue and costs. EQUITIES A viral outbreak in China is already affecting global markets...

Just as tensions in the Middle East began to escalate, it seemed that regional, political and military factors will significantly influence oil price increase in the long term. Yet, it proved that no more than a week after a partial relief, crude oil prices are 10 % down, Gulf Brokers reported. While price of Brent...

Wall Street ended the week with fresh record highs after the release of solid China and US economic data. This week More Wall Street earnings will ensue, especially on Tuesday IBM, Netflix and United Airlines all scheduled to report quarterly earnings after the closing bell. EQUITIES Asian stock markets trading higher on Monday, the trading...

Goldman Sachs (NYSE: GS) is scheduled to announce Q4 earnings results today before the market opens. The consensus EPS estimate is $5.48 and the consensus Revenue Estimate is $8.57B. EQUITIES Global Stocks were steady in early Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal. While Australian shares have...