Test 2. 02, July 2019

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News clippings are provided algorithmically with CloudQuant’s NLP engine which seeks out articles relevant to our community.



UPDATE 2-Sterling, gilt yields tumble as markets raise rate cut bets

* Sterling falls to new lows after Carney speech

* Markets expecting 25 bps rate cut in next 12 months (Updates prices)

By OLGA COTAGA

LONDON, July 2 (Reuters) – Sterling extended losses against the dollar and euro on Tuesday while British government bond yields tumbled to 2-1/2-year lows as money markets raised their bets on a Bank of England interest rate cut in the coming year.

Money markets that had assigned a roughly 40% probability to a…
2019-07-02 16:09:31+00:00 Read the full story.
Weighted Interest Score: 2.4140, Raw Interest Score: 1.4248,
Positive Sentiment: 0.1325, Negative Sentiment 0.5964

CloudQuant: blast

US-China trade talks ‘back on track’: White House advisor

US-China trade negotiations are now headed in a positive direction following this weekend’s meeting between President Donald Trump and his Chinese counterpart Xi Jinping, a top White House aide said Tuesday.

But trade advisor Peter Navarro said Chinese telecoms giant Huawei remains blocked from participating in the development of 5G wireless networks in the United States even though Washington has softened its stance toward the company.

“We’re reengaged. We’re talking on the phone already. There will probably be visits. It…
2019-07-02 15:56:50+00:00 Read the full story.
Weighted Interest Score: 1.3660, Raw Interest Score: 0.8035,
Positive Sentiment: 0.1205, Negative Sentiment 0.3214


Nike’s yanking of Betsy Ross sneaker sparks controversy

Nike (NKE) — the global footwear and apparel giant — has decided to halt the release of a sneaker featuring the 13-star version of the American flag made by Betsy Ross after criticism from NFL quarterback Colin Kaepernick.

The sneaker in question is the Nike Air Max 1 Quick Strike Fourth of July. As first reported by the Wall Street Journal, the former San Francisco 49er–turned activist believes that Nike shouldn’t sell a shoe that depicts the r…
2019-07-02 13:47:22+00:00 Read the full story.
Weighted Interest Score: 1.3490, Raw Interest Score: 0.7473,
Positive Sentiment: 0.0356, Negative Sentiment 0.3203

 

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