Tag: Yahoo Finance

Oil Comes Back to Haunt Asian Currencies as Volatility Increases

(Bloomberg) -- Asian currencies have had a turbulent start to the year as geopolitical tensions have helped revive fears about an old foe that has undermined many of them in the past: crude oil.India’s rupee, South Korea’s won, and the Philippine peso have all seen volatility jump in the past two weeks as escalating tensions between the U.S. and Iran caused outsized swings in oil prices. If crude extends its march higher, that would saddle the three nations with heavier import bills and slower economic growth, weighing on their currencies.Oil prices have surged since early October as Middle-East turmoil has ratcheted up. Brent crude climbed as high as $71.75 a barrel last week, from an October low of $56.16, before falling back to about $65 late on Friday in Asia.“Rising security risks in the Middle East pose significant risks to Asia given its heavy reliance on oil imports,” said Juliana Lee,...

How Did Tenet Healthcare Corp (THC) Compare Against Top Hedge Fund Stocks in 2019?

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]...