Where’s the long-term money in softlines?

Fed’s Warsh: Numbers on price stability are ‘more concerning’ Univ of Michigan final sentiment index for August 51.7 vs 51.0 estimate Fed’s Hammack: It’s time to act with rate hikes, waiting will create pain Canada GDP Q2 annualized 3.3% vs 3.4% estimate Fed’s Goolsbee: Agrees with Warsh that inflation is Fed’s main issue right now…

Investors and analysts alike expected JPMorgan Chase (JPM +2.50%) to do quite well this earnings season, but not this well. The powerful bank delivered a fine second quarter that crushed analyst estimates, thanks in no small part to a major part of its business that has produced meaty growth before. All in all, Mr. Market…

AUDUSD corrects lower but keeps bullish bias. The 200 hour MA is eyed as a key barometer now !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

EUR/USD stalls at a key trendline ahead of the US NFP and CPI reports. What’s next? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

European shares are closing mixed on Monday, with Spain’s Ibex (+0.69%) and UK FTSE 100 (+0.35%) leading the gains while France, and Italy lagged. The broader European market was little changed as investors continued to monitor geopolitical developments surrounding Iran and the potential for additional U.S. sanctions. European closing levels: German DAX, -0.07% at 26,118.98…

Singapore-based Vertex Ventures, backed by Singapore state investor Temasek, has made investments in Chinese robotics startups, including Unitree Robotics. SINGAPORE — Chinese robotics companies shut out of the U.S. by new restrictions on advanced robots can still reach American buyers by building genuine operations in Singapore, according to a Temasek-backed venture firm that counts humanoid…