IndianMarketpulse-Global Markets

Wall Street stocks largely rose on Monday as a jump in 10-year bond yields boosted financials and as news of upcoming international trade talks offset the negative impact of the strengthening U.S. dollar on corporate earnings forecasts. The financial sector rose 1.4 percent after 10-year US Treasury yields climbed to their highest level in five weeks. The Federal Reserve was seen as likely to continue raising interest rates despite criticism from President Donald Trump. News of ongoing trade talks helped U.S. stocks edge upward. Mexican President-elect Andres Manuel Lopez Obrador sent Trump a letter urging a quick wrap-up of trade negotiations, and trade officials from Mexico and the United States will meet later this week. Also, European Commission President Jean-Claude Juncker is scheduled to meet with Trump on Wednesday, though he will not arrive in Washington with a specific trade offer. One of the reasons we're holding tight is rumours that there will be progress m...

  It’s that time again. Here are the 3 stocks we’re looking at for July — Micron (MU), Intel (INTC), and Advanced Micro Devices (AMD). In our June video we talked about Google (GOOGL), Amazon (AMZN), and Facebook (FB) because strong momentum stocks are the place to be in this stage of the bull market. We explained why with concepts like investor herding, and how our psychology encourages us to invest with the group. It’s interesting though that many investors avoid these momentum names and other FAANGs because of the belief that the trade is overcrowded and the trend is old. They’re scared off by the big numbers, thinking the trend can continue. But in reality, when taking into account these companies massive networking affects, their constant reinvestment, and rapid compounding growth, they are actually trading way below their market valuations. So in this case, the popular opinion is the way to invest. There’s another area of the market that’s similarly misvalued — semi...

The Asia Pacific MSCI index ex-Japan dropped 0.66 percent on early Tuesday trade, while Japan’s Nikkei average was little changed.   Asian shares dropped in tentative morning trade on Tuesday as sentiment remained fragile in the face of tense trade relations between the United States and major economies, with investors braced for another potentially rocky day for Chinese markets. Investors, worried the trade row could derail a rare period of synchronized global growth, have pulled out of riskier assets in the past month or so. The Asia Pacific MSCI index ex-Japan dropped 0.66 percent on early Tuesday trade, while Japan’s Nikkei average was little changed. In China, the Shanghai Composite Index shed 0.23 percent and the blue chip CSI300 index fell 0.19 percent. The Shanghai bourse hit more than two-year lows on Monday, and the yuan fell amid jitters ahead of a July 6 deadline when the United States is set to impose tariffs on $34 billion worth of goods from China, t...