Month: May 2021

NEW DELHI: Soybean prices on Wednesday fell by Rs 48 to Rs 7,162 per quintal in futures market as participants cut down their positions on weak spot demand. On the National Commodity and Derivatives Exchange, soybean contracts for June delivery fell Rs 48, or 0.61 per cent, to Rs 7,162 per quintal with an open
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While Kiwi and Aussie remain the strongest ones for today, Dollar is striking back as markets enter into US session. On the other hand, Canadian Dollar is now the selling focus. Euro and Swiss Franc also turn weaker. Overall markets are mixed though, with European indexes trading water while US futures advance. Gold is maintain
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“The economic recovery has strengthened,” the Bank of Korea (BOK) Governor Lee Ju-yeol said at the post-monetary policy press conference on Thursday. Additional comments Thursday’s rate decision was unanimous. Will maintain an accommodative stance for a while. Private consumption is improving. Monitoring the coronavirus spread, financial imbalances. Government’s extra budget to boost growth by 0.2 pct
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Global software giant Apple Inc. is recruiting for a new business development manager specializing in alternative payments, signaling that the iPhone maker was gravitating towards digital assets.  The new job post for “Business Development Manager – Alternative Payments” was posted to Apple’s careers website on Tuesday. The new hire will be responsible for leading alternative
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Falling 100 hour MA but traders still have trouble breaking The USDCHF moved back above its 100 hour moving average for the 2nd time this week.  Recall from Monday’s trading, the price moved above that moving average line at 0.8990 (at the time), but quickly reversed and buyers turned sellers. The low price yesterday reached 0.89299. That was the lowest level
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Following a weak first quarter, the strength in EURUSD has gathered momentum. The pair is the second strongest among majors quarter-to-date. A more upbeat economic outlook, heightened inflation forecasts and expectations of ECB’s tapering are key driving forces of the recent rally. Indicators Pointing to Stronger 2Q21 Leading indicators have pointed to an upbeat 2Q21.
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A slight increase in mortgage interest rates was enough to tank refinances and bring down overall demand. Total mortgage application volume fell 4.2% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) increased
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In this article DKS Mannequins stand next to merchandise displayed for sale at a Dick’s Sporting Goods store in West Nyack, New York. Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods reported Wednesday fiscal first-quarter earnings and sales that topped analyst estimates, saying kids returning to team sports boosted sales. Dick’s also raised
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Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific research organization announced “The Developer Ecosystem Program” on May 26, and is now
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