16, Feb, 2019
Aussie dollar slides on dismal China data; yen steadies

Internation Trade

The energy trade is burning up. The energy ETF (XLE) just posted its biggest monthly gain since 2015, buoyed by oil’s bestJanuary since 1983. Frank Cappelleri, chief market technician at Instinet, said that kind of advance could fuel an even bigger crude rally which may spill over into energy stocks. […]

Toy manufacturer Wah Shing said it might move production to Vietnam or India, “where there is a great labor supply” if they get hit with tariffs in 2019. The company makes toys for American brands. There’s a low likelihood at this stage of tariffs on toys given U.S.-China trade talks getting under way […]

The Chicago Bulls are partying like it’s 2014. Okay, not really, but the Bulls were finally able to acquire Carmelo Anthony, agreeing to a trade with the Houston Rockets on Monday. ESPN’s Adrian Wojnarowski first reported the deal. Of course, the Bulls don’t actually want Anthony in Chicago this time […]

Now that the New Year is here, you have an opportunity for a clean start on your crypto trading activity. Here are a few tips to keep in mind for 2019 that will help make your life much easier come tax time next year. Tip #1: Limit the number of exchanges used for […]

There are official and unofficial reasons for it. The official reasons have to do with China’s unfair competition strategy. Its corporations take advantage of America’s open markets, while China keeps its own markets closed to American corporations and products. This unfair competition results in lower output, factory closures, and job […]