Section: Business Insider (USA)
Here’s the most profitable way to trade a geopolitical shock
Geopolitical events often make traders and investors nervous, and this will lead to volatility in the financial markets. However, history shows these events generally don’t have a sustained impact. “We reviewed the data and it seems that the large majority of individual major events — ranging from the assassination of Archduke...
What are traders watching this morning? The countdown to the Fed …
Via Dave Lutz at JonesTrading, here’s what traders are talking about this morning. Good Morning, and Happy Fed Day! Decision (No Change expected) and “dot plot” comes at 2pm – all expectations are for Janet Yellen to lay the groundwork for a September hike in her press conference at 2:30 today. While US Futures are in the green, Euro...
Queen’s Club shocker no problem for Nadal
London (AFP) – Rafael Nadal insists his shock defeat in the first round at Queen’s Club won’t damage his chances of a strong challenge for the Wimbledon title.Nadal’s disappointing 2015 campaign suffered another setback on Tuesday when the 14-time Grand Slam winner was dumped out of the Wimbledon warm-up event by...
The 25 richest self-made billionaires
There are two types of billionaires: those who inherited their wealth, and those who built it from nothing. Our friends at Wealth-X, a database of information about ultra-high net worth individuals, focused on the latter to compile a list of the wealthiest self-made billionaires in the world. From tech mogul Bill Gates to Alibaba founder Jack Ma,...
The 10 slowest economies in the world
Some countries bounced back relatively quickly after the global financial crisis, but others aren’t doing so hot. “Worryingly, the stalled recovery in some high-income economies and even some middle-income countries may be a symptom of deeper structural malaise,” Kaushik Basu, the World Bank’s chief economist and senior...
China has taken up Russia’s deepest fear
President Xi Jinping wants his people to know that the greatest threat to China is an insidious export from the West — ideas that could lead to a Color Revolution. “The one non-neglectable factor [in the development of] color revolutions in these countries is the spreading of Western ideology, especially from the US,” wrote Xu Songwen, of the...
Green-minded Paris Air Show takes off
Le Bourget (France) (AFP) – The world’s leading air show opened Monday near the French capital with a special focus on green issues alongside the traditional sales war between Airbus and Boeing.President Francois Hollande is set to inaugurate the week-long Paris Air Show, which is expected to draw 315,000 visitors and 2,260 exhibitors...
Spain grind out win, Rooney the late hero for England
Paris (AFP) – Reigning European champions Spain closed in on a place at Euro 2016 by grinding out a 1-0 qualifying win over Belarus on Sunday as Wayne Rooney’s late goal gave England victory in Slovenia.Zlatan Ibrahimovic struck a brace as Sweden beat Montenegro but Russia were the day’s big losers, a defeat to Austria coming as...
Silva wins it for Spain in Del Bosque’s 100th game
Barysaw (Belarus) (AFP) – A solitary first-half strike by David Silva was enough for reigning European champions Spain to win 1-0 in Belarus in Euro 2016 qualifying on Sunday in coach Vicente del Bosque’s 100th game in charge.The Manchester City star struck on the stroke of half-time at the Borisov Arena in Barysaw to give the Euro...
Huge crowds to watch Battle of Waterloo bicentenary
Waterloo (Belgium) (AFP) – Belgium this week hosts days of commemorative events and mock battles to mark the 200th anniversary of the Battle of Waterloo that shaped the face of Europe, at a time when the continent’s unity is under threat.European royals will attend a solemn memorial service on Thursday at the battlefield near Brussels...
