Month: November 2020

Gold prices were little changed on Thursday after early U.S. election results suggested a lead for Democrat contender Joe Biden, even as the possibility of a contested result remained. FUNDAMENTALS Spot gold was little changed at $1,904.66 per ounce by 0111 GMT. U.S. gold futures rose 0.5% to $1,905.50 per ounce. Biden said on Wednesday
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Steve Mollenkopf, chief executive officer of Qualcomm Inc. Patrick T. Fallon | Bloomberg | Getty Images Qualcomm stock rose over 6% in extended trading as its revenue and adjusted earnings per share handily beat Wall Street expectations. Here’s how Qualcomm did versus Refinitiv consensus estimates for the quarter ended Sept. 27: Earnings: $1.45 per share
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Analysts at Nomura believe that the Bank of England (BOE) is unlikely to adopt negative interest rates at its policy meeting this Thursday. Although the bank may expand its QE programme by £100bn. Key quotes “An extension of the Bank of England’s QE programme by £100bn. We see such an expansion as representing a good
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New Delhi: Guar seed prices on Wednesday rose by Rs 3 to Rs 4,265 per 10 quintal in futures trade after speculators increased their positions driven by a firm trend in spot market. On the National Commodity and Derivatives Exchange, guar seed for November contracts increased by Rs 3, or 0.07 per cent, to Rs
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A worker wearing a protective mask and gloves assembles face shields at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, on Wednesday, April 29, 2020. Adam Glanzman | Bloomberg via Getty Images Private job creation showed a sharp deceleration in October as the U.S. economy struggled against a resurgence in the coronavirus pandemic, according
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The EUR/USD pair is at the upper half of its daily range, trading around 1.1710, as the US dollar has given up early gains since the presidential race shows tight results. Euro/dollar needs to overcome the daily high at 1.1770 to recover bullish potential, FXStreet’s Chief Analyst Valeria Bednarik briefs. Key quotes “The greenback is
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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
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