|Weekly Review of Headlines|
Futures for the Standard & Poor’s 500 index declined 0.63% to trade at 2,100.95 ahead of the market open…Read More
An extended period of low European Central Bank interest rates could increase the risk of a sudden surge in risk premiums, and policymakers should consider the implications of financial imbalances, Bundesbank President Jens Weidmann said on Friday…Read More
Borrowing costs on German government debt continued to fall on Friday, with the interest rate on 10-year bunds TMBMKDE-10Y, +0.00% hitting a new record low.
It is noteworthy that established institutions have also weighed in to the debate, mostly to warn about how a “Brexit” might damage the U.K. and the global economy.
ACrude oil rallied in the past two sessions after rebels in Nigeria’s Niger Delta vowed to halt output in the country, Africa’s biggest producer until last year. The Nigerian government said it was initiating talks with the rebels.
Growth in natural gas demand will slow to an average 1.5 percent a year globally through 2021, as stagnation in Europe and uncertainty about Chinese consumption offsets robust growth in India, the International Energy Agency (IEA) said.
The EUR/USD pair is making minor-recovery attempts, after witnessing a 50-pips massive fall in the last hour, as the greenback recedes gains against its major peers amid risk-off markets.
The People’s Bank of China (PBOC) also warned in its mid-year work report that the government’s push to reduce debt levels and overcapacity could increase bond default risks and make it more difficult for companies to raise funds.
Just when Portugal thought things couldn’t look any worse for its bond market, they did.
Gold for August delivery ended up 1.2% at $1,262.30 a troy ounce on the Comex division of the New York Mercantile Exchange, hitting its highest level since May 18.
AU Pakistani artist awarded prestigious Jameel Prize in Istanbul #ARTIST & ENTERTAINMENT GROUP #ASX2000 More Details
US Yahoo Japan : Tech companies in Japan to encourage newly-eligible teens to vote #YAHOO INC #NASDAQ More Details
US JPMorgan Chase & Co. Reiterates Hold Rating for Cisco Systems, Inc. (CSCO) #CISCO SYSTEMS INC #DJ30 More Details
US 2947438 Shares in Investors Bancorp Inc. (ISBC) Acquired by Norges Bank #INVESTORS BANCORP INC #NASDAQ More Details
US It’s truly #justanotherdayinwa when a tourism hashtag gets hijacked right away #CHEVRON CORP #DJ30 More Details
VX BofA, Credit Suisse Settle With Funds Over $1B Refco Scam #CREDIT SUISSE GROUP #STOXX600 More Details
US Analysts Set Hess Corp. (NYSE:HES) Price Target at $61.25 #HESS CORP #SP500 More Details
GR First Drive Review: Volkswagen Ameo The German Make in India Sedan #VOLKSWAGEN AG #STOXX600 More Details
US Investors Sell Shares of AmerisourceBergen Corp. (ABC) on Strength (ABC) #AMERISOURCEBERGEN CORP #SP500 More Details
SP Economy to improve in second half on govt measures: UOB Malaysia #UNITED OVERSEAS BANK LTD #APEX50 More Details
InfoTrie’s algorithms scan thousands of websites, blogs, and business news publications in real-time, searching for company mentions. Each article that mentions a given company is assigned a “relevance” score with respect to that company. Articles with low relevance scores are discarded; only articles with moderate and high relevance scores are kept for analysis.
Once a corpus of highly relevant articles has been selected, InfoTrie applies natural language processing in a machine learning framework, to assess the sentiment associated with that selection. Aggregate volume and sentiment scores are then computed using the individual article scores and their relevance weights.
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