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Showing posts from October 15, 2018

World Blog by humble servant. Market update!

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United States markets .DJI 25,349.81 Dow Jones Industrial Average +9.82 (0.039%) .INX 2,761.37 S&P 500 Index −5.76 (0.21%) .IXIC 7,466.65 Nasdaq Composite −30.25 (0.40%) RUT 1,551.51 Russell 2000 Index +4.83 (0.31%) NYA 12,460.25 NYSE Composite Index +20.84 (0.17%) World markets .DJI 25,349.81 Dow Jones Industrial Average +9.82 (0.039%) DAX 11,614.16 DAX PERFORMANCE-INDEX +90.35 (0.78%) SENSEX 34,865.10 BSE SENSEX +131.52 (0.38%) UKX 7,029.22 FTSE 100 Index +33.31 (0.48%) IB 8,923.70 IBEX 35 +21.70 (0.24%) Currencies EUR / USD 1.16 5:00 PM UTC +0.0034 (0.30%) USD / JPY 111.81 5:00 PM UTC −0.38 (0.34%) GBP / USD 1.32 5:00 PM UTC +0.0057 (0.43%) USD / CAD 1.30 5:01 PM UTC −0.0053 (0.41%) USD / HKD 7.84 5:01 PM UTC +0.0014 (0.018%) USD / CNY 6.92 5:01 PM UTC −0.0052 (0.075%) AUD / USD 0.71 5:00 PM UTC +0.0031 (0.44%)
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World Blog by humble servant.

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Goldman says the sell-off is just about over and tells investors to get back into growth stocks Goldman Sachs strategist David Kostin said there is "limited further downside" for stocks after the recent sell-off sent the Dow industrials down almost 6 percent. Strong fundamentals, including rising earnings and return on equity, should limit the damage, he said. Goldman continues to call for a 2,850 price target on the S&P 500, which would be about 3 percent higher from Friday's close. Goldman is advising clients to shift to growth stocks with an emphasis on strong balance sheets.
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World Blog by humble servant. Tehran is set to counter US sanctions which threaten to shut down markets for Iranian crude. The Islamic Republic has found new partners to buy its oil, according to First Vice President Eshaq Jahangiri. “While some countries have stopped buying oil from Iran, we have found new partners. Furthermore, we have engaged in talks with our existing partners,” Jahangiri said, according to Iranian national broadcaster IRIB. The official stressed that even nations that publicly refuse to purchase Iranian oil are seeking other ways to continue importing indirectly, while the others are looking to start buying crude from Iran. Jahangiri said the US would “definitely not be able to cut Iran’s oil exports to zero.” Read more © Reuters / Alkis KonstantinidisOil could spike to $100 as Iranian exports shrink & Venezuelan economy collapses, analysts tell RT Exports of Iranian crude oil have been in jeopardy since the White House announced it is re-imposing unilateral sanctions against the Islamic Republic. In May, US President Donald Trump pulled the US out of the 2015 nuclear deal between Tehran and a broad alliance of world powers. Washington also threatened secondary sanctions on any countries or companies that conduct transactions with Iran. The first round of sanctions against Tehran, which came into force in early August, targets Iranian vehicles, carpets, metals trading, and access to US banknotes. Further sanctions, scheduled for early November, are set to hit Iran’s oil and shipping sectors. So far, some US allies, including Japan and South Korea, have bowed to pressure from Washington, saying they are ready to halt their imports of Iranian oil by early November. India and China have spoken out against the measures, defending their existing contracts with Iran. In September, Tehran and Brussels reportedly discussed bartering Iran’s oil for European goods through Russia to bypass restrictions imposed by Washington on all market participants.

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Trump suggests 'rogue killers' may be involved in disappearance of journalist Khashoggi

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President Donald Trump told reporters that "rogue killers" may be involved in the disappearance of independent journalist Jamal Khashoggi, a Saudi citizen who has been living in the U.S. Interested in Jamal Khashoggi? Add Jamal Khashoggi as an interest to stay up to date on the latest Jamal Khashoggi news, video, and analysis from ABC News. Jamal Khashoggi Add Interest The president's comments Monday morning came after he spoke to Saudi Arabia's King Salman, who, Trump said, "denies any knowledge" about Khashoggi's disappearance. "The king firmly denied any knowledge of it,” Trump said to the press after his phone call with the Saudi king. “He didn't really know, maybe, I don't want to get into his mind but it sounded to me like maybe these could have been rogue killers, who knows?” Pressed on whether he believed King Salman’s denials, the president wouldn’t say. “All I can do is report what he told me. He told me in a very firm w...
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