Business: Latest Financial Topics from the NASDAQ

May 2016 French manufacturing PMI 48.4 vs 48.3 exp
May 2016 French manufacturing PMI data report 1 June 2016Prior 48.3 New orders 48.1 vs 45.6 prior France further showing an improvement in its economy, but still remains in contraction. EURUSD ran up to 1.1156, though

May 2016 German manufacturing PMI 52.1 vs 52.4 exp
May 2016 German manufacturing PMI data report 1 June 2016Prior 52.4 New orders 53.1 vs 53.2 prior German manufacturing PMI

May 2016 Eurozone manufacturing PMI 51.5 vs 51.5 exp
May 2016 Eurozone manufacturing PMI data report 1 June 2016Prior 51.5

German engineering orders +3.0% in April
Latest numbers from the VDMAPrior 18.0% Domestic orders 11.0% vs 4.0% prior Export orders 1.0% vs 29.0% prior A rise in orders for large scale equipment led the way said the VDMA

Greece can return to growth in second half of 2016 says EU's Dombrovskis
More chance of me having a full head of hair and a pony tail by thenOne can dream though )

May 2016 UK Markit CIPS manufacturing PMI 50.1 vs 49.6 exp
Details of the May 2016 UK Markit CIPS manufacturing PMI data report 1 June 2016Prior 49.2 . Revised to 49.4 New orders 51.3 vs 50.5 prior Whoopee a return to expansion for UK manufacturing.

April 2016 UK mortgage approvals 66,250 vs 67,950 exp
Details from the April 2016 UK mortgage approvals and BOE consumer credit report 1 June 2016Prior 71,35 7. Revised to 70,305k Mortgage lending 0.281bnbn vs 3.800bn exp. Prior 7.435bn. Revised to 7.411bn BOE consumer credit

Eurozone 2016 GDP hiked to 1.6% from 1.4% in June OECD outlook report – US GDP cut to 1.8% from 2.0%
The OECD have release their latest economic outlook2016 global growth 3.0% unch US GDP 1.8% vs 2.0% prior UK 1.7% vs 2.1% prior Japan 0.7% vs 0.8% prior The OECD say that governments

Brexit – 2 polls 2 draws
Two YouGov polls out have the stay leave neck and neckYouGov Handelsblatt (even the Germans are getting in on the act) poll 40% leave 40% stay (polled May 19 10th) YouGov Times poll 41% leave 41%

European Stocks Decline as Oil Comes Under Pressure, Eurozone Manufacturing Slows
Shares of European equities fell on Wednesday morning as oil prices came under pressure ahead of a meeting by the Organization of Petroleum Exporting Countries (OPEC) and as euro region manufacturing slowed according to fresh purchasing managers’ indices. Brent

Technology Sector Update for 05/31/2016: DANG, BBRY
Top Technology Stocks MSFT 0.4% AAPL 0.2% IBM 0.1% CSCO +0.1% GOOG +0.4% Technology shares were mixed in early trade on Tuesday. In technology stocks news, E Commerce China Dangdang ( DANG ) American depository shares were 1.7% higher

Bitcoin Price Soars as Chinese Investors Look for Safe Haven From Devaluation and Capital Controls
Many have speculated that the recent increase in the price of bitcoin ($542 USD on Bitfinex at time of publication) can be traced to China, where Bitcoin trading has doubled on some exchanges in the last four days as

Week Ahead: Watching Other Markets for Clues on Stocks
As strange as it may seem to some people, in order to get a handle on the stock market early this week as we approach the jobs report on Friday, investors should be watching everything but the actual stock market. Obviously, the employment situation still matters to stocks directly, but the main significance of the

TSX up 55 Points as Miners, Energy, Lead; Healthcare The Biggest Decliner
The TSX is up 70 points this morning with miners and energy posting the biggest gains. Miners are up 2.4%, followed by energy, up 1.45%. Healthcare is the biggest decliner, down 0.86%. StatsCan data released on Tuesday showed that

Brexit Poll Update: Postal Voter Form Outrage
As part of our polling process, we follow up by email asking our survey participants for their feedback and insights on Brexit and the EU referendum. I cannot count how many times the words rigged, manipulated and fixed have been used as there is an underlying concern that there will not be a fair vote. News

Best Practices For Predicting Client Life Expectancy
By Carolyn McClanahan Much of the world’s employment is based on predicting the future. Economists, tarot card readers, seismologists and meteorologists are prediction experts, but advisers fit into that group nicely. It is a wonder there are so many prediction experts, given that most fail at their job. Even

Why It's Never Too Early To Set A Retirement Date
By Paul Hechinger A client’s retirement date may be the most important variable in a financial plan. It is crucial that advisers know how to help clients pick the right date and plan for it, though the exact date can be fine-tuned later on. “You might consider making a pre-retirement checklist of key questions

Don’t Wait for a 401(k) to Start Saving for Retirement
Congratulations, college class of 2016: You walked across that graduation stage and into the best job outlook since 2009, according to the Economic Policy Institute . A promising 21% of you even  accepted a job prior to graduation , up from just 12% last year. But the definition of “job” has become, shall we say,

Debt-to-Income Ratio Matters When You're Buying a House
Your debt-to-income ratio plays a large role in whether you’re ready and able to qualify for a mortgage. This figure, the percentage of your income that goes toward paying your monthly debts, helps lenders figure out how big a monthly mortgage payment you can handle. It’s as important as your credit score and job

5 Crucial Insurance Changes After Divorce
Any major life change sends a ripple effect through your finances — especially a divorce. Insurance matters may seem trivial next to the emotional upheaval of ending a marriage. But minding the details now can prevent financial pain later. Here’s a look at five insurance changes to address after a divorce. 1. Life

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