German DAX -0.1%. France’s CAC -0.4% The European major indices are ending the day lower after failing to hold earlier gains. The provisional closes are showing: German DAX, -0.1%. The high reached +0.75% France’s CAC, -0.4%. The high price reached +0.67% UK’s FTSE 100, -0.3%. The high price reached +0.54% Spain’s Ibex, -0.8%. The high
Month: January 2021
USD/CAD down 25 pips to 1.2611 today CIBC expected USD/CAD to rise to 1.30 this quarter and 1.32 in Q2 in a note after the BOC decision: Markets were mulling over the possibility that the BoC would undertake a micro-cut of 10-15 bps in January with an eye towards dampening enthusiasm for further C$ appreciation.
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NEW DELHI: Gold price on Thursday jumped Rs 575 to Rs 49,125 per 10 gm in the national capital amid firm global market trend, according to HDFC Securities. The precious metal had closed at Rs 48,550 per 10 gm in the previous trade. Silver also shot up by Rs 1,227 to Rs 66,699 per kg,
The January BOJ is non-eventful. Cautioning that risks to the economic outlook is tilted to the downside, the central bank announced to leave all its stimulus measures unchanged. In contrast to speculations, the central bank did not adjust the implicit trading band of the 10-year JGB yield. There is a minor tweak in economic assessment.
James Gorman, chairman and chief executive officer of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galici | Getty Images Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Wednesday. Here’s what Wall Street expects: Earnings: $1.27 a
NYSEAMERICAN:TRXC finished the day in the red after rising nearly 30% at one point. Transenterix received European approval for its Intelligent Surgical Unit. Investors are hoping Transenterix can get a share of the nearly 6 million annual laparoscopic surgeries in the U.S. and Europe. NYSEAMERICAN:TRXC had another rollercoaster trading session as shares surged by nearly
Dollar is lowest vs the NZD and AUD The USD is heading lower and is the weakest of the majors in early trading today. The pair is the weakest vs the NZD (up 0.31%) and AUD (up 0.27%) which are trading to new session highs as I type. The greenback is also higher vs the
White House Press Secretary Psaki holds first press briefings Coming Up! Title text for next article LON SDNY+11 NY -5 TYO +9 GMT Takes over from Trump Administrations Kylie McEnaney Will bring back truth, transparency to briefing room that she will participate in WHO meeting tomorrow Biden’s 1st foreign leader call will be with Canada’s Trudeau
Bitcoin price is finding soft support at $35,000 after dropping 7.4% in the later hours of Jan. 19. According to Cointelegraph contributor Joseph Young, the correction was primarily the result of an overheated derivatives market and uncertainty over whether BTC can recapture the $40,000 level. Data from Cointelegraph Markets and TradingView shows that the price
Gold gained for the third day on Wednesday rising Rs 347 to Rs 48,758 per 10 gram in the national capital in line with rally in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,411 per 10 gram. Silver also witnessed buying as it
Euro weakens notably today as recovery momentum diminished quickly. Dollar is not gaining much, though, as commodity currencies trade broadly higher with new wave of buying. Australian Dollar is once again leading others. Canadian Dollar shrugs off weaker than expected inflation reading, and await BoC rate decision and the next move in oil price. In
A Boeing 787 Dreamliner operated by United Airlines takes off from Los Angeles International Airport. Getty Images United Airlines on Wednesday posted a fourth-quarter loss and warned sales would continue to suffer in the early part of 2021 as the coronavirus pandemic drags on. Here’s how United performed in the quarter, compared with what Wall
Gold Price Analysis: XAU/USD refreshes two-week high, eyes $1,900 amid risk on mood Gold buyers pause around $1,871, recent high of $1,871.28, after rising the most in 13 days the previous day, as Thursday’s Asian session begins. In doing so, the yellow metal seesaws around the recently flashed two-week top as traders await fresh push
GBP/USD touches its highest levels since May 2018 For bank trade ideas, check out eFX Plus The pound is the standout performer on the session as cable climbs to a high of 1.3718 on the day, its highest levels since May 2018. The move here comes as the pound strengthens amid a breakdown in key
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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