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Ethan Miller/Getty Images News Listen below or on the go on Apple Podcasts and Spotify Payrolls seen up 150,000 for December. (0:37) AI, autonomous driving among big themes at Consumer Electronics Show. (3:13) The NFL owns TV. (4:37) The following is an abridged transcript: Wall Street heads for a rare third shortened trading week in…
June S&P E-mini futures: The 7500 target has been reached but now 8200 is likely by the end of the year. QQQ: Next upside target is 725. TNX (ten year note yield): The 3.75% level is support. A swing up to 5.50% is underway. Euro-US Dollar: The 112 level is support. Upside target at 120…
Some stuff I am reading today morning: FPIs withdraw 28,200 Cr from Indian equities in May (BS) Markets stare at $14.5 Billion outflow risk (Forbes) RBI cracks whip on co-lending deals (MC) Debt-to-EBITDA at a decadal low (FE) Ashok Hinduja’s leverage in the RCap deal (BW) Commodity: Gold (BI) Interview with Stanley Druckenmiller (CNBC) A…
7 May 2008 LACHLAN STAR LIMITED ENTERS INTO AGREEMENT TO ACQUIRE HOLFONTEIN COAL PROJECT, SOUTH AFRICA Summary As indicated in the March quarterly report, Lachlan Star has identified the South African coal industry as presenting significant opportunities to enhance shareholder value. The Company is therefore pleased to announce that it has reached agreement with Coal…
JamesBrey The markets have experienced considerable volatility recently as they have grappled with differing messages from macroeconomic data releases recently. Some of this data seems to indicate that the economy is headed for a soft landing. Other data, such as rising unemployment, soaring consumer credit card debt, increasing credit card delinquencies, weakening consumer confidence, and…