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Month: February 2022
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The major US stock indices snapped a three day losing streak. The gains were led by the NASDAQ and the Russell 2000. The Dow 30 lagged. The snapshot of the closing levels shows: Dow industrial average +422.67 points or 1.22% at 34988.85 S&P index up 69.4 points or 1.58% at 4471.06 NASDAQ index up 348.85
Session wrap Forex news for Asia trading on Wednesday 16 February 2022 Eamonn Sheridan Wednesday, 16/02/2022 | 03:49 GMT-0 16/02/2022 | 03:49 GMT-0 Previous session: APAC: Chinese inflation data was the focus for the session. Both the CPI and PPI (January figures) came in below expectations and December’s numbers. A couple of points to
NEW DELHI: Gold prices slipped on Wednesday, pulling back from nearly eight-month highs, as signs of ease in tensions between Russia and Ukraine diminished the bullion’s appeal. Gold prices had rallied to their highest since June last year on Tuesday, buoyed by safe-haven demand, before giving up all gains on news indicating some easing in
Chairman Sherrod Brown (D-OH) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, September 28, 2021. Kevin Dietsch | Pool | Reuters A Republican boycott Tuesday held up a Senate committee
Nike is teaming up with roblox to launch a virtual world called Niketown. Source: Nike Gaming company Roblox shares fell more than 11% in after-hours trading Tuesday after missing fourth-quarter expectations on both the top and bottom lines. Here’s how the company did versus expectations: Revenue (bookings): $770 million vs. $772 million expected, per Refinitiv
NASDAQ:LCID extends gains on a better market mood. Lucid is reporting its Q4 2021 earnings on February 28th. Tesla gets a brand new price target from a Piper Sandler analyst. Update: NASDAQ: LCID added another 5.21% on Tuesday, extending the previous rebound from two-week lows of $25.68. Despite, the upbeat momentum, LCID stock price fell
The forex markets are pretty steady in Asia session today, with major pairs and crosses bounded inside yesterday’s range. Sentiment is mixed as investors are awaiting to see Russia would invade Ukraine on February 16, as media reported. But the rally in Gold suggests that investors are getting nervous on the risks. For now, Swiss
CLICK HERE – https://www.itpm.com/ – On February 7th 2013, the Institute of Trading and Portfolio Managements Managing Partner Anton Kreil was interviewed at Cass Business School by students of the University. In this exclusive interview Kreil gives an insight into the trends occurring in world financial markets for professional and retail traders, his thoughts on
EURGBP finds sellers near the 100 hour MA/38.2% The EURGBP is up with the overall better tone in the EUR pairs today as a relief rally from the toning down of Russian/Ukraine invasion anxiety. The move to the upside has the pair up testing the falling 100 hour moving average and the 38.2% retracement of
ThePres. Biden is to give a status update on Ukraine at 3:30 PM ET. Recall from last Friday the markets were shook when US officials, started to leak out fears of what was about to happen: The U.S. believes Putin has decided to invade Ukraine and communicated those plans to the Russian military, three officials
Gold in the national capital on Tuesday gained marginally by Rs 32 to Rs 49,619 per 10 grams, capping gains with correction in global gold prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 49,587 per 10 grams. Silver, in contrast, declined Rs 440 to Rs
In this article QSR-CA A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Restaurant Brands International on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as digital orders made up nearly a third of the company’s global sales. Shares of the company were down slightly in
US equities are up sharply on Tuesday as investors breathe a sigh of relief amid apparently easing geopolitical tensions. News of Russian troop withdrawals from Ukraine’s border helped distract equities from ugly PPI and NY Fed survey data. The S&P 500 was up about 1.5%, the Nasdaq 100 up nearly 2.0% and the Dow about 1.3%.
Continuing its goal to pursue a spot within the crypto industry, Mastercard recently announced that the firm is expanding its consulting business with practices that are dedicated to crypto. In the announcement, Mastercard’s Data & Services President Raj Seshadri says that the financial institution will continue to help clients navigate the ever-changing world of finance,
Overall market sentiment improved a lot after Russia said it pulled back some troops near the border of Ukraine. As worries of imminent war eased, Gold and oil price dip notably, while stocks rebound. Euro is staging a recovery, together with Aussie and Kiwi. On the other hand, Yen and Dollar are turning softer, together
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