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Trade Ideas Archives - Capital Street FX
Top 5 Stocks to Watch Out Today
General Motors Co (NYSE:GM):The union representing workers for General Motors Co (NYSE:GM) in South Korea have voted against a preliminary labour deal with the automaker, a union official told on Tuesday. The result came after union negotiators reached a tentative agreement with GM last Wednesday. The two sides have had 24 rounds of negotiations since
Read MoreEUR/USD adds over 30 pips as risk assets gain ground
The bid tone around the single currency strengthened on Tuesday, pushing EUR/USD higher, as stock markets gained, weakening safe-havens such as the greenback. The pair traded near 1.1959 at the time of writing, representing a 0.30% gain on the day, having found buyers near 1.1923 in Asia. Major European indices rose over 1% on prospects
Read MoreAsian shares open higher following the stellar month of gains
Asian share markets opened slightly higher on Tuesday buoyed by the prospect of a COVID-19 vaccine, reversing the previous day’s dips as investors took profits at the end of a record-breaking month. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.26% on Tuesday after closing the month 9% higher, the best November since 2001.
Read MoreGitHub is forcing Microsoft to deal with thorny controversies two years after the acquisition
In 2018, Microsoft made one of its priciest acquisitions ever, spending $7.5 billion on code-sharing site GitHub. It wasn’t the cleanest fit. GitHub is used by over 50 million developers who tend to be outspoken, including when it comes to things they dislike about Microsoft. The deal continues to pose unexpected challenges, like a recent
Read MoreTop 5 Stocks to Watch Out Today
Comcast Corp (NASDAQ:CMCSA):Universal Studios Japan will open its new Nintendo themed area on Feb. 4, the Osaka-based theme park said on Monday, after pushing back the opening from the summer due to the coronavirus outbreak. The “Super Nintendo World” area will feature Mario Kart races and other attractions based on Nintendo games, according to Universal
Read MoreEuropean and Global shares take a breather after stellar month, China data upbeat
European and World shares paused to assess a record-busting month on Monday as the prospect of a vaccine-driven economic recovery next year and yet more free money from central banks eclipsed concerns about the coronavirus pandemic in the near-term. Helping sentiment was a survey showing factory activity in China handily beat forecasts in November, leaving
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