Markets
China's Industrial Output & Retail Sales Growth Slows
On a month-on-month basis, industrial production increased 0.41% in July, compared with a 0.81% rise in the previous month. Retail sales grew 10.4% in July from a year earlier, slowing from an 11.0% increase in June. "A few sectors, such as steel, seem to have defied this slowdown in economic activity". A rampant property boom that has spread since late 2015 from China's biggest cities to smal... [Full Article...]
'We have entered into a hard and risky time': Rudd
They have already done two in July, has also advanced Mike Pompeo , in reference to the two test-firing of intercontinental ballistic missiles (ICBM) carried out by the regime in July. Referring to Kim, Trump added: "If he utters one threat. or if he does anything with respect to Guam or any place else that's an American territory or an American ally, he will truly regret it, and he will regret i... [Full Article...]
Top US General to Meet South Korean Leader Amid Tensions (1)
He also will discuss military options in the event the "diplomatic and economic pressurization campaign" fails. He said on Thursday that the US works closely with its allies to ensure that any military response wouldn't be unilateral, warning that the impact of a conflict "would be catastrophic". [Full Article...]
North Korea talk drags stocks lower; gold, yen rise
Palladium added 0.4% to $899.80 per ounce and was on track to end the week about 2% higher. North Korea said today it plans to fire four missiles near the U.S. Globally, France's CAC 40 share index fell 1.5 percent by the afternoon; Germany's DAX fell 1.3 percent. Elsewhere, the New Zealand dollar jumped briefly after the Reserve Bank of New Zealand said on Thursday it still expected inflati... [Full Article...]
Amazon Recalls Counterfeit Solar Eclipse Glasses
To safely view the solar eclipse August 21, you'll need a special pair of ultra-dark sunglasses. Similar statements have come from other brands that are defending their glasses despite being pulled from Amazon. A shop steward for Local 2665, the union that includes Cedar Hill Firefighters, said they ordered about 250 glasses from Amazon to hand out. It won't shock you to hear the reason why Amaz... [Full Article...]
North Korea Has Markets Nervous But Not Panicked
Trump issued a new warning to Pyongyang yesterday, saying in a tweet: "Military solutions are now fully in place, locked and loaded , should North Korea act unwisely". US Treasury long-dated yields dropped to six-week lows, pressured by US-North Korea tensions and the weak data that further reduced expectations of an interest rate hike in December. [Full Article...]
Shares now unchanged at $112.85 (DLR) Digital Realty Announces Management…
About 423,844 shares traded. It has underperformed by 15.19% the S&P500. It has three operating business units, which include PlainsCapital Corporation (PCC) (banking and mortgage origination), Hilltop Securities Holdings LLC (Securities Holdings) (broker-dealer) and PlainsCapital Company (NLC) (insurance). [Full Article...]
Japanese Yen Benefits as Geopolitical Tensions Rise
The S&P had been down 0.52 percent at its session low. The benchmark Korea Composite Stock Price Index lost 39.76 points, or 1.69 percent, to 2,319.71. Away from the geopolitical drama, USA inflation data is due at 1330 GMT. The Labor Department said its consumer price index inched up by 0.1% in July after coming in unchanged in June. [Full Article...]