Market News

After long months of investors’ disliking due to fears of insufficient delivery and satisfaction of new models’ demand, it seems now that the company has bounced from the lowest numbers in three years. Company stocks rise into black numbers again. The reason for this optimism, that pulls company stocks up in capital markets, is the...

According to Reuters, luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a regulatory crackdown on diesel emissions and vehicle recalls related to Takata airbags. The German automaker is among a raft of blue-chip firms to issue a profit warning...

According to Bloomberg, Lurking beyond traders’ apparently unwavering confidence that the Federal Reserve will cut interest rates this month is a more nebulous outlook about what the central bank will do after that. Traders are still pricing a full quarter-point reduction in July, yet they have slowly scaled back views on how much easing will...

According to Mike Shedlock from MishTalk, the New York Fed has the odds of a recession within the next year near 33 percent. Some of the other models are humorous. Anyone who "can't see the recesion" coming to the U.S. isn't looking at this key indicator, according to Davin Rosenberg, Gluskin Sheff & Associates Inc.'s...

According to marketwatch, Asian stocks tumbled Monday after relatively strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all declined. Fed leaders have said they are ready to cut rates to support economic growth amid a tariff war with Beijing. But Friday’s stronger-than-expected...