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European renewable stocks slip after U.S. Senate proposes earlier end for wind, solar credits
** Shares in European renewable energy groups slide after the U.S. Senate Finance committee unveiled changes to President Donald Trump's sweeping tax-cut and spending bill that would phase out solar, wind and energy tax credits by 2028** U.S. Senate tax committee proposed a full phase-out of sol...
Reuters
Tue, Jun 17
A Unique Event for the S&P 500 Just Occurred -- Its 6th Time in 75 Years -- and It Has a 100% Success Rate of Forecasting Future Stock Returns
Investors have a lot of ways to grow their wealth, including acquiring real estate, purchasing Treasury or corporate bonds, and buying commodities like gold, silver, and oil. While all of these investment channels have increased the nominal wealth of investors over the long run, none has held a cand...
The Motley Fool
Tue, Jun 17
Best Stock to Buy Right Now: Constellation Brands vs. Anheuser-Busch InBev
Constellation Brands (NYSE: STZ) and Anheuser-Busch InBev (NYSE: BUD) both sell alcohol. The former produces beer, wine, and spirits, and the latter is the world's largest brewer by volume.Typically, alcohol companies do well in good and bad times. Of course, these remain uncertain times, particular...
The Motley Fool
Tue, Jun 17
Investor sentiment recovers to “Goldilocks bull” levels, BofA says
MILAN, June 17 (Reuters) - Global investor sentiment recovered in June to pre-Liberation day "Goldilocks bull" levels, as trade war and recession fears abated, Bank of America's monthly global fund manager survey (FMS) showed on Tuesday.That drove cash levels down to 4.2% versus 4.8% in ...
Reuters
Tue, Jun 17
Japan's Nikkei hits 4-month high on Wall Street's lead; BOJ lifts banks
Risk sentiment improves as Iran seeks ceasefire with IsraelBank of Japan holds rates steady, hints at future tighteningChip shares outperform, tracking gains among U.S. peersBy Kevin Buckland TOKYO, June 17 (Reuters) - Japan's Nikkei share average advanced to a four-month high on Tuesday, tra...
Reuters
Tue, Jun 17
UK Stocks-UK Factors to watch on June 17
June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.6%.* ASOS: British online fashion retailer ASOS ASOS.L named Aaron Izzard, director of group finance, as its new CFO as the current finance boss, Dave Murray, will be stepping down on J...
Reuters
Tue, Jun 17
Indian shares dip as Middle East tensions dent sentiment
** India's benchmark indexes Nifty 50 .NSEI and Sensex .BSESN lose about 0.3% each as rising Middle East tensions weigh on sentiment** Barring IT and realty, all the other 11 major sectors decline; the broader small-caps .NIFSMCP100 and midcaps .NIFMDCP100 drop 0.4% each** Crude oil futures LCOc...
Reuters
Tue, Jun 17
South African rand weakens on risk-off mood, economic data eyed
JOHANNESBURG, June 17 (Reuters) - The South African rand weakened in early trade on Tuesday, as risk sentiment remained fragile with the Israel-Iran conflict entering its fifth day.At 0626 GMT the rand traded at 17.83 against the dollar ZAR=D3, 0.1% softer than Monday's close.Heightened uncertai...
Reuters
Tue, Jun 17
LIVE MARKETS-Before the bell: European futures fall, renewables eyed
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comBEFORE THE BELL: EUROPEAN FUTURES FALL, RENEWABLES EYEDEuropean shares were set to fall on Tuesday on concerns the conflict between Isr...
Reuters
Tue, Jun 17
PRECIOUS-Gold rises as Israel-Iran fighting, Trump's evacuation call spark demand
Trump urges Iranians to evacuate TehranTrump to leave G7 Summit in Canada a day earlyFederal Reserve policy meeting starts later in the dayBy Anmol Choubey June 17 (Reuters) - Gold rebounded on Tuesday as heightened geopolitical uncertainty stemming from Israel-Iran fighting and U.S. President Do...
Reuters
Tue, Jun 17
Are autonomous vehicles less risky than human-driven vehicles?
By Henry GaleJune 17 - (The Insurer) - Early deployments of self-driving vehicles show their propensity to cause insurance claims is significantly different to that of human drivers.Autonomous taxis are already roaming the streets of several U.S. cities and have shown promise in off-road industrial ...
Reuters
Tue, Jun 17
GLOBAL MARKETS-Stocks wobble, oil jumps on Middle East tensions; BOJ in focus
Markets on edge as Trump urges Tehran evacuationCrude prices climb as much as 2%, gold prices edge higherBOJ Governor Ueda to brief media at 0630 GMTFed scheduled to start two day policy meet on TuesdayBy Johann M Cherian June 17 (Reuters) - Global stocks slid and oil prices rose on Tuesday a...
Reuters
Tue, Jun 17
LIVE MARKETS-Israel-Iran truce hope in tatters
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comISRAEL-IRAN TRUCE HOPE IN TATTERS A look at the day ahead in European and global markets from Ankur BanerjeeInvestor hope of a ...
Reuters
Tue, Jun 17
UK Stocks-UK Factors to watch on June 17
June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.5%.* TRADE DEAL: U.S. President Donald Trump signed an agreement on Monday formally lowering some tariffs on imports from Britain as the countries continue working toward a formal trade...
Reuters
Tue, Jun 17
South African Markets - Factors to watch on June 17
JOHANNESBURG, June 17 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Tuesday.ECONOMIC EVENTSForeigners' trading in South African bonds and equitiesGLOBAL MARKETSGlobal stocks wavered and oil prices rose on Tuesday, as con...
Reuters
Tue, Jun 17
HEDGE FLOW-Hedge funds' bets on Asia hit five-year high, says Goldman
By Summer Zhen and Nell Mackenzie HONG KONG, June 17 (Reuters) - Global hedge funds posted their biggest jump in trading volumes across Asian markets in over five years last week, a Goldman Sachs note showed. Funds were buying and short-selling, with bullish positions in Asia between June 6 and ...
Reuters
Tue, Jun 17
BREAKINGVIEWS-Donald Trump’s US chip revival is half-assembled
By Karen Kwok LONDON, June 17 (Reuters Breakingviews) - Donald Trump is hoping to secure American dominance in semiconductors over China. The president wants to bring production of chips back to the U.S., while courting allies. But success will take years and much more capital, while looming tari...
Reuters
Tue, Jun 17
Swiss stocks - Factors to watch on June 17
ZURICH/GDANSK, June 17 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Tuesday:ROCHE ROG.SRoche's subsidiary Genentech said on Monday its Phase III Verona study did not meet the primary endpoint.ECONOMYNo major Swiss economic data scheduled.For Top News in a multime...
Reuters
Tue, Jun 17
India's Schneider Electric Infra gains on Goldman Sachs upgrade to 'buy'
** India's Schneider Electric Infrastructure SEIN.NS climbs 2.7% to 769 rupees** Goldman Sachs upgrades power equipment maker to "buy" from "sell" ad hikes PT to 910 rupees from 505 rupees** Brokerage says its rating upgrade reflects increasing addressable market size for power d...
Reuters
Tue, Jun 17
BREAKINGVIEWS-Beijing has more at stake in Iran besides just oil
By Ka Sing ChanHONG KONG, June 17 (Reuters Breakingviews) - Beijing has far more at stake in Iran besides just oil. China has not only benefited from importing heavily discounted Iranian crude, it has inched up its strategic infrastructure investments into the country since the duo signed a $400 bil...
Reuters
Tue, Jun 17
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