Positive tone but paring earlier gains 12 July 2016
- +386.83
- open 15961.30
- high 16237.62
- low 15956.91
- USDJPY 103.10 also off its highs but underpinned on further stimulus hopes
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US pays $1B to TotalEnergies to ditch wind farms for oil/gas. A $1B payout is a good alternative.
Saudi crude heads to Pakistan via Hormuz amid Iran's transit fees. Iran-linked tankers average 1.6M bpd.
Micron's HBM4 mass production for Nvidia signals AI growth. Stock trades <4x P/E, offering huge upside.
Gold/silver surge driven by speculation, not fundamentals. Central bank & jewelry demand drops, raising risk.
Puma's #1 backpack, rated 35k+ times, now $27! A steal for travelers, but is it a market mover?
WTI crude hits $100/bbl on geopolitical fears. Traders eye steel as Iran vows revenge.
Visa's $14.7B cash & lower debt (55% D/E) beat Mastercard's (245% D/E) for recession resilience.
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