There's a growing consensus against this Boeing is asking for a $60B bailout after buying back about that much stock in the past few years. That's not a good look.
Blogs
Canada coronavirus cases to 925 from 873 yesterday
Canadian cases Most of Canada is on semi-lockdown but you see parks where kids are playing basketball and crowding onto playground equipment so I'm not exactly optimistic. Then again, I don't get out too much.
London Northwick Park Hospital out of beds
Declares critical incident Sky news is reporting that London's Northwick Park hospital has run out of beds. They have declared a critical incident.
US stocks turn into the red
NASDAQ now down -0.11% The S&P index is down 26 points or -1.13% at 2382 The Dow is trading down -109 points or -0.53% at 19982. ForexLive
Is the US about to join OPEC++ ?
OPEC is talking with shale producers US officials are talking to OPEC about some kind of oil production truce, according to the WSJ. U.S. oil industry regulators are set to open a dialogue with OPEC on Friday in talks that could help foster a truce between the world's three largest oil producers and potentially resolve […]
USD/ZAR: Is Exhausted Upside Vulnerable to Profit-Taking?
Joining the chorus of interest rate actions, the South African Reserve Bank reduced interest rates to 5.25%, down 100 basis points.
GBP/USD Forecast: Breaks Down to Significant Handle
The British pound initially rally during the trading session on Thursday but ran all the way to the 1.18 level before losing a bit of strength.
USD/JPY Forecast: Explodes to the Upside
The US dollar rallied significantly during the trading session on Thursday as we continue to see a lot of volatility out there.
AUD/USD Forecast: Showing Extreme Volatility
The Australian dollar has gone back and forth during volatile trading on Thursday, as the world tries to understand the impact of the coronavirus on global growth.
S&P 500 Forecast: Finding Buyers at Crucial Level
The S&P 500 continues to find buyers at the 2350 level, an area that is crucial due to the fact that it was the blow from Christmas Eve of 2018