Major pairs and crosses are stuck inside yesterday’s range so far, as consolidative trading continues. Euro appears to be lifted slightly by ECB’s press conference but there is no follow through buying. Dollar also looks just a touch weaker after worse than expected Q3 GDP data. Overall, commodity currencies are the softer ones, with eyes
Month: October 2021
Iraqi Minister Ihsan Abdul Jabbar said late Saturday, OPEC and its allies (OPEC+) will be able to meet the oil demand by its planned increase to the monthly oil output, per Bloomberg. Key quotes “Rising prices for natural gas and coal in Asia and Europe could lead to a rise in oil demand this winter.” “Monthly increases
Amazon and Apple are still lower but the NASDAQ index has turned positive The NASDAQ index has erased its declined on the day and has turned positive. The index is currently trading up 8.37 points or 0.58% at 15456.89. The index at the lows traded to 15323.30. That took the price down 124.8 points or -0.81%. Yesterday the
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
NEW DELHI: Gold prices declined in the domestic markets, bucking the global trend. At the international level, the yellow metal was set to mark its straight third weekly gains. Ease in US bond yields and a tepid dollar aided bullion’s safe-haven appeal. A weaker greenback makes gold more attractive to buyers holding other currencies. Meanwhile,
A cargo ship moves under the Bayonne Bridge as it heads into port on October 13, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images WASHINGTON – President Joe Biden is expected to spotlight disruptions in the global supply chain and surging energy prices when he meets this weekend with fellow leaders of the
In this article CMCSA Brian Roberts, Chairman and CEO of Comcast David A. Grogan | CNBC Comcast reported third-quarter earnings results before the bell that beat analyst expectations on the top and bottom line. The company saw slight growth in new broadband internet customers amid warnings from company executives. Shares are up about more than
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Amidst the last-ditch talks held between the UK and France to resolve the dispute over the fishing licenses and checks, French President Emmanuel Macron, who will meet the UK Prime Minister Johnson at the G20 meeting in Rome on Sunday, said the row was “a test” of the UK’s “credibility”, in a Financial Times (FT) interview.
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bakkt shares skyrocket after partnering with Mastercard and Fiserv On
Move higher today erases the decline after the BOC decision this week The USDCAD remains mired in the trading range that has the pair moving up and down since October 14. The high of the range over that time comes in at 1.24334. The low reached 1.2287. This week the high reached 1.24308 - just a few pips from the 1.24334 range high.
It is the first week of the new month which means purchasing managers data along with the US and Canada jobs report are on tap The month of October has come and gone, and with it the major economic releases for the new month restart their cycle. Traditionally, PMI data kicks off the key releases
Mumbai: Finally, gold is set to regain its sparkle this Diwali as jewellers are expecting up to 30 per cent sales growth over the pre-Covid levels on the back of a faster-than-expected economic recovery along with lower prices and pent-up demand. The gems and jewellery industry witnessed a near washout during ‘Diwali’ and ‘Dhanteras’ 2020,
Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois. Inflation rose 5% in the 12-month period ending in May, the biggest jump since August 2008. Food prices rose 2.2 percent for the same period. Scott Olson | Getty Images Annual inflation rose at its fastest pace in more than 30
In this article SBUX Starbucks shift supervisor Adan Miranda wears a face mask as he serves a drink to a customer while standing behind a plexiglass shield in a booth outside the store in Sacramento, Calif., Thursday, May 21, 2020. Rich Pedroncelli | AP Starbucks is expected to report its fiscal fourth-quarter earnings after the
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