Here's what's coming our way today
Good morning all. Apologies for the downtime, it looks like there's tech problems in Mr P's neck of the woods.
Here's the data for today.
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Economic data due Tuesday 6 December 2016
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Dollar lags even as risk mood keeps more cautious on the day
- Oil prices continue to rise amid the US-Iran stalemate; Iran awaits US blockade removal
- Gold continues to consolidate amid the US-Iran stalemate and the more hawkish Fed
- The echo chamber harps on Iran proposing to reopen Strait of Hormuz before nuclear deal
- ECB to hold the line at this week's meeting - Goldman Sachs
- Market outlook for the week of April 27th - May 1st
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OpenAI's $850B valuation faces trial risks. Musk seeks $150B, citing profit motive over mission.
Reuters
52s ago
WM's revenue growth slows to 4.4% YoY. Peers surge on earnings. WM trades flat, target $254.72 vs $228.77.
StockStory
5m ago
PTON's P/S ratio hits 0.84, a 79% discount to its average. But revenue & users are shrinking.
Motley Fool
9m ago
Lock in high CD rates up to 4.05% APY before Fed cuts rates. Compare terms for guaranteed returns.
Yahoo Personal Finance
13m ago
BEN beats revenue estimates, up 3.8% YoY. Peers surge on earnings. BEN up 20.4% monthly.
StockStory
17m ago
Stagflation hits bonds hard. BND fell 13% in '22. TIPS offer inflation protection, T-bills yield stability.
Motley Fool
21m ago
Oil prices surge on Hormuz blockade fears, but Iran's peace offer sparks volatility. Recession looms if Strait stays shut.
Bloomberg
25m ago
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