Modest gains and losses for most of the major indices The European indices are closing the session with mixed results and modest changes for most of the major indices: German DAX, -0.1% France’s CAC, +0.7% UK’s FTSE 100, +0.35% Spain’s Ibex, +0.1% Italy’s FTSE MIB, unchanged In other markets as London/European traders look to exit:
Month: August 2021
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New Delhi: Gold prices in the national capital dipped marginally by Rs 31 to Rs 46,891 per 10 grams on Tuesday, in line with weak global trends and on rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,922 per 10 grams. Silver also tumbled Rs 372
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters Household debt rose by its highest dollar amount in 14 years during the second quarter, thanks mostly to a surge in the housing market that brought the collective
Nikola Motor Company Source: Nikola Motor Company Electric vehicle start-up Nikola Corp. reported a narrower-than-expected loss for the second quarter, as the company continues vehicle validation testing and progresses toward delivering its first trucks to customers. Here’s how Nikola did compared with what Wall Street expected based on average estimates compiled by Refinitiv. Adjusted results:
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This Forex trading video is about a simple with high win rate MACD indicator strategy. The Moving Average Convergence Divergence or MACD, is one of the most simplest and popular indicator used by traders. It is a trend following indicator that reveal the changes in direction, strengthen and momentum within the financial market. It can
Australia Dollar rebounds notably after RBA surprised markets by sticking to its tapering plan. Kiwi appears to be a touch stronger, but Aussie is not far away. Yen is also firm on falling treasury yields. On the other hand, Canadian Dollar is trading generally lower as oil price retreated. Dollar is following as next weakest
Gold is challenging the $1809 key support once again as risk-off trading returns but the yellow metal awaits US jobs data for fresh cues. Technically, gold’s daily chart shows a lack of clear directional bias, as FXStreet’s Dhwani Mehta notes. XAU/USD set to extend the range play above $1800 “China’s stock market return to the
Dow Jones, S&P give up gains and close in the red. NASDAQ closed mostly higher The US stock market lost steam into the close with Dow industrial average and the S&P 500 closing in the red and giving up earlier gains. The NASDAQ index squeaked out a small gain on the day. The final numbers
Forex news for Asia trading on Tuesday 3 August 2021 The Australian dollar declined against the New Zealand dollar ahead of the day’s Reserve Bank of Australia policy announcement (yet to come, due at 0430GMT). AUD/USD has been fairly stable but NZD/USD has risen. The Reserve Bank of New Zealand announced it’d be ‘consulting’ on
SINGAPORE: Oil prices climbed on Tuesday, clawing back some of the previous session’s deep losses, even though concerns over coronavirus curbs combined with slowing factory activity in key buyer countries to keep a lid on gains. Brent crude oil futures rose 24 cents, or 0.3%, to $73.13 a barrel, as of 0125 GMT. US West
Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin. The results are a marked improvement from the same period last year when demand was ravaged
Sterling is notably lower today in otherwise mixed markets. Euro is also firm, with help from recovery against the Pound. Aussie is the stronger one, mainly because it’s paring last week’s losses. Upside is so far limited ahead of tomorrow’s RBA monetary policy decision. On the other hand, Swiss Franc softens mildly, paring some of
AUD/USD touched a daily high of 0.7372 on Monday. US Dollar Index stays flat on the day above 92.00. RBA is expected to keep its policy rate unchanged. The AUD/USD pair preserved its bullish momentum in the early American session and touched a daily high of 0.7382. However, the pair failed to push higher and
Crypto-asset trading firm Voyager Digital has arranged to purchase payments company Coinify in a deal worth $85 million in cash and stock. In a Monday announcement, Voyager said it would issue 5.1 million shares of its stock — worth roughly $70 million at the time of publication — as well as provide $15 million in cash
Varying gains for the major indices The major European indices are closing higher to start the trading month. A look at the provisional closes shows German DAX, +0.3% France’s CAC, +1.0% UK’s FTSE 100, +0.7% Spain’s Ibex, +0.9% Italy’s FTSE MIB, unchanged In other markets as London/European traders look to exit: Spot gold is trading up