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Reuters Company NewsJun 25, 2019
GLOBAL MARKETS-Gold soars to 6-year high as trade, Iran tensions mount
Trade anxiety and escalating tensions between the United States and Iran sent gold soaring to a six-year high on Tuesday, and saw traders dive back into safe-harbour government bonds and the yen and Swiss franc at the expense of the dollar.

MarketWatchJun 25, 2019
Bond Report: 10-year Treasury yield dips below 2% as Iran jitters and trade frictions spur haven demand
Treasury yields trade modestly lower on Tuesday as investors monitor the U.S.'s intensifying spat with Iran over recent sanctions and signs that a trade deal may not be reached at the upcoming Trump-Xi meeting.

Google Business NewsJun 25, 2019
Dozens of manufacturers are testifying in Washington about how Trump's trade war with China could hurt them. Here's what they're saying. - Business Insider
Dozens of manufacturers are testifying in Washington about how Trump's trade war with China could hurt them. Here's what they're saying.  Business InsiderJapan and China look to strengthen ties at G-20 summit, even as Trump looms large  CNBCPain From Trump's China Tariffs Spreads, Reshaping Global Trade  BloombergTrump's reelection is in serious jeopardy without a China deal | TheHill  The HillPeter Morici: A trade deal with China could put national security at risk  Fox NewsView full coverage on Google News

MarketWatch MarketPulseJun 25, 2019
Hexo shares slide 3.4% premarket as Oppenheimer downgrades stock to perform from outperform
Shares of Quebec, Canada-based medical cannabis company Hexo Corp. fell 3.4% in premarket trade Tuesday, after Oppenheimer downgraded to stock to perform from outperform and said it sees greater gross margin pressure than expected when it first initiated coverage of the stock in February. "With our updated forecasts and incorporating Newstrike, we now view shares as more fairly valued," analyst Rupesh Parikh wrote in a note to clients. Hexo acquired Newstrike Brands in March in an all-stock deal valued at about C$263 million ($197 million). He noted the stock's 63% year-to-date gain, which compares with an 18% rise in the S&P 500 and is well ahead of some of the company's peers. "Although we are stepping to the sidelines, we still see many positives to the HEXO story longer term and believe the name should remain on the radar for investors," said Pariksh.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Reuters Company NewsJun 25, 2019
GLOBAL MARKETS-Trade stress, Iran tensions hits stocks, dollar frets on Fed doves
European shares were spooked by Iran tensions and trade jitters on Tuesday, while the risk of more dovish talk from the Federal Reserve inflated gold to six-year highs and stoked demand for safe-harbour currencies like the yen and Swiss franc.

FT.com - Financial MarketsJun 25, 2019
Havens shine on global markets as investors wait for trade talks
Investors' biases and market outcomes affect each other in a two-way feedback loop. This study develops a model of a credit market feedback loop, finding that when investors become more bullish this can predict positive returns in the short run, even if expected returns become more negative at longer horizons.
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