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
Month: February 2021
The death count is still a little worrying but cases continue to level off below 10,000 so that is some good news This is the fourth consecutive day that new cases is seen below 10,000 – the first time since October last year – so that is somewhat encouraging. Total active cases across the country
NEW DELHI: Gold and silver futures prices continued to gain on Wednesday as the path for the US stimulus package became clearer while the US dollar also fell to one week low. US President Joe Biden said he agreed with a proposal by Democratic lawmakers that would limit or phase out stimulus payments to higher-income
Dollar stays broadly weak in Asian session today even though general sentiments stabilizes. Risk-seeking trading is taking a breather somewhat after US stocks hit new intraday higher overnight. Euro is currently the stronger one for today, followed by Sterling. But Swiss Franc and Yen are currently the best performing ones for the week so far.
H&R Block mortgage services sign Jb Reed | Bloomberg | Getty Images Mortgage delinquencies in November fell to their lowest level since the start of the coronavirus pandemic, though the number is still far higher than the rate a year earlier. Just under 6% of all U.S. mortgages — 2.7 million homes — were in
Twitter and Square CEO Jack Dorsey speaks during a press event at CES 2019 on January 9, 2019 in Las Vegas, Nevada. David Becker | Getty Images News | Getty Images Twitter’s stock was flat in after-hours trading on Tuesday after the company reported its fourth-quarter earnings, as the company beat Wall Street’s earnings and
Gold buyers attack short-term triangle resistance while teasing the intraday high. Successful U-turn from 50-bar SMA, amid bullish MACD, favor optimists. Bears have a bumpy road even if they manage to conquer $1,833 support confluence. Gold seesaws around an intraday high of $1,845.33, currently up 0.39% to $1,1843.14, during the pre-European session trading on Wednesday.
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France’s CAC unchanged. UK’s FTSE up marginally The European shares are ending the session lower. The exceptions are France’s CAC which is closing near unchanged levels for the day. The UK’s FTSE 100 is up marginally by 0.13%. The provisional closes are showing German DAX, -0.38% France’s CAC, unchanged UK’s FTSE 100, up 0.13% Spain’s Ibex, -1.2%
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
The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations. The Blockchain Association has been one of Washington, D.C.’s biggest advocates for the crypto industry since its launch in 2018. Executive director Kristin Smith recently appeared on Cointelegraph’s Top 100 list. Hammond, meanwhile, cut
SINGAPORE: Oil prices advanced on Tuesday to their highest in 13 months, as supply cuts by major producers and optimism over a recovery in fuel demand support energy markets. Brent crude futures for April gained 50 cents, or 0.8%, to $61.06 a barrel by 0721 GMT. U.S. West Texas Intermediate crude (WTI) for March was
While silver’s retreat from the 8-year high suggests that the media-inspired short squeeze has failed and further correction is likely, the metal should benefit from the global economic recovery and the new US fiscal stimulus package in the longer-term. Although both are in the precious metal category, silver will be a better play than gold
A hiring sign is posted i front of a Target store on February 05, 2021 in San Rafael, California. Justin Sullivan | Getty Images Employers added slightly more job posts late last year, but hiring slipped as the labor market ended 2020 on an uncertain note, the Labor Department reported Tuesday. Total openings increased to
Adam Hoyes, Assistant Economist, at Capital Ecomomics, explains they see United Kingdom equities outperforming during 2021, as some of the headwinds that they faced in 2020 fade or even act as tailwinds. Key Quotes: “We think that investors will eventually look through these near-term risks as vaccine rollouts progress and restrictions are eased. This may
This is going to be a key question in the FX market this week As much as the dollar has shown much resilience to start the new year, are we starting to go back to focusing on the Fed put and what that means for the greenback in the larger context of the trading landscape
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