Wells Fargo’s stock has gained approximately 7% YTD as compared to the 5% drop in the S&P500 index over the same period. Further, at its current price of $51 per share, it is trading 16% below its fair value of $61 – Trefis’ estimate for Wells Fargo’s valuation. The mortgage banking giant posted... more...
The Nasdaq 100 saw its best 2-week rise since the early 2000s dot com bust, the S&P 500 and Dow Jones followed. The road ahead remains tough with US PCE and non-farm payrolls data in focus. more...
Data prints coming out of the US may fuel the recent advance in the price of gold as the Fed’s preferred gauge for inflation is expected to increase for the sixth consecutive month. more...
Here are stocks to buy for the coming strong week: SchlumbergerDollar Tree Stores more...
AUD/USD is eying economic data prints this week after the currency rallied amid higher commodity prices and a rebound in market sentiment. Will data impress enough to boost already rising RBA rate ... more...
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