India

Saudi Arabia Vs. Russia: The Next Oil Price War

International oil markets could be heading towards a new war, as leading OPEC and non-OPEC producers are vying for increased stakes.  Until 2015, Russian oil supplies had been dominating European markets, as most OPEC producers had no interest in European demand. Due to new players entering Asian markets, and the lower demand in the U.S., the Oil Kingdom is now looking for a confrontation.

Frontrunning: April 6

  • Senate Set to Vote to Eliminate Supreme Court Filibuster (WSJ)
  • Trump’s Xi Summit Tests Promises on Trade, North Korea  (BBG)
  • Is North Korea putting a nuclear-tipped bargaining chip on the table? (Reuters)
  • Why Xi Jinping Must Tread Carefully When He Meets Trump  (BBG)
  • China Market Access in Spotlight as Meeting Nears  (BBG)
  • Trump Rethinks Foreign Policy After Syria, North Korea Crises (WSJ)

Global Stocks Rebound From Overnight Lows, On Edge Ahead Of Trump-Xi Meeting

S&P futures are little changed at 6am ET, trading at 2347.55 and paring an earlier 0.4 percent drop, on the back of the USDJPY ramp which for the second day in a row has emerged alongside the European open, soothing concerns about the Fed's balance sheet reduction and "some" Fed officials warning that stocks have gotten expensive. While Asian stocks fall in early trading, European bourses rebounded from session lows alongside the S&P and USDJPY.

Amazon Stock $100 Away From Making Jeff Bezos World's Richest Man

AMZN is now just $100 dollars away from the key $1,000/share level at which point the owner of the Washington Post would surpass $86 billion in value and - assuming MSFT stock does not rise in tandem - would make Bezos the world's richest man.

Trump Admin Cracks Down On Visas For Coders

As Nasdaq reaches ever record-er, record highs, it seems the ability to create a "Hello World" app is no longer enough to warrant an H1-B visa according to new guidelines from the Trump administration.

Key Events In The Coming Busy Week: Payrolls; FOMC Minutes; Trump Meets Xi

The key economic releases in the US this week are ISM manufacturing on Monday, ISM non-manufacturing on Wednesday, and the employment report on Friday. The minutes of the March FOMC meeting will be released on Wednesday, while several Fed officials are scheduled to speak this week. The meeting between Trump and Xi set for Thursday and Friday at Mar-A-Lago will likely attract significant attention.

"A Lot Of News Over The Last 72 Hours But None Having A Dramatic Effect On Trading"

Markets seem more concerned about missing the upside associated w/a final tax deal than they are about being caught long on a tax disappointment, thus for the time being headlines such as “Trump and Ryan discuss taxes” or “tax plan makes progress in Washington” will help to buoy stocks more than “Trump has neither a clear WH tax plan nor adequate staff yet to see through a planned tax reform” will hurt them.

Who Has The Best (And Worst) LinkedIn Profile Photos?

Lawyers have the best professional photos on LinkedIn, Chile is the country with the highest quality pictures, and people who recently joined a company are much more likely to have a nice photo than someone with a long tenure.