Spain’s Ibex also higher on the day The major European indices are closing the day with mixed results. The gains were led by the FTSE 100. The Spanish Ibex also moved higher. The German DAX lagged. The provisional closes are showing: German DAX, -0.55% France’s CAC, unchanged UK’s FTSE 100, +1.2% Spain’s Ibex, +1.0% Italy’s
Month: December 2020
New York Covid statistics New York reports 8973 new virus cases vs. 7285 yesterday Covid cases rise 1.4% vs. 7 day average of 1.1% new deaths total 69 vs. 66 yesterday positivity rate is at 4.63% vs. 4.96% previously hospitalizations 3924 vs. 3774 yesterday Gov. Cuomo also announced that the 1st vaccine delivery to New
Gold rose to an over one-week high on Wednesday on a soft dollar, while signs of progress in discussions over a new U.S. coronavirus relief package bolstered bullion’s appeal as a hedge against possible inflation. Top Senate Republican Mitch McConnell urged the U.S. Congress to pass a $1.4 trillion spending bill including coronavirus stimulus, while
Selloff in Sterling is the main theme for today. UK become the first country to approve Pfizer-BioNTech coronavirus vaccine and shots are due next week. But the good news was overshadowed by Brexit uncertainties. As the negotiation deadline looms it’s reported that EU is insisting not rushing to a bad deal. Indeed, it’s also said that
Private payrolls grew at their slowest pace since July amid a deceleration in large business hiring for November, according to a report Wednesday from ADP. Companies hired 307,000 workers for the month, well below the 475,000 estimate from a Dow Jones survey of economists. The total represented a decline from the upwardly revised 404,000 in
Antonio Neri, President and CEO of Hewlett Packard Enterprise. Anjali Sundaram | CNBC Hewlett Packard Enterprise is the latest tech company to shift its focus away from Silicon Valley, announcing Tuesday that it will relocate its headquarters from San Jose, California, to Houston, Texas. “HPE’s largest U.S. employment hub, Houston is an attractive market to
According to the Research Department at BBVA, support the argument that a neutral, prudent but accommodative monetary policy will be the main monetary policy stance in 2021 in China. The point out the authorities will postpone the beginning of a real tightening cycle and proactive deleveraging to a later stage. Key Quotes: “The domestic economy is
S&P and NASDAQ index is still close at record highs The major indices close higher but come off the highs and last hour so trading. Nevertheless both the NASDAQ and S&P closed at record high levels. The NASDAQ closed at record highs for the 46th time this year. A snapshot of the close shows: S&P index up
This is not directly relevant to FX, no (though I suppose there will need to be yen bought for the influx). Its an interesting read nevertheless on what the Japanese government is planning to keep people safe: Vaccines will not be mandatory Visitors who submit proof of a negative coronavirus test and agree to use
NEW DELHI: Gold and silver futures prices slid lower in the morning trade on Wednesday as the US moved towards early vaccination to its people while companies raced towards getting approvals from authorities. US officials on Tuesday unveiled plans to begin vaccinating millions of Americans against Covid-19 as early as mid-December, as infections and hospitalizations
Dollar and Yen were solid off broadly overnight as S&P 500 and NASDAQ extended record runs. More importantly, the greenback has finally broke through a key support level against Euro, confirming down trend resumption. European majors are currently the strongest ones as led by the common currency. Australian Dollar is clearly lagging behind despite stronger
Marc Benioff, billionaire and co-founder and chief executive officer of Salesforce.com Inc., sits in the audience ahead of the special address by U.S. President Donald Trump, on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 21, 2020. Bloomberg | Bloomberg | Getty Images Salesforce shares moved 4% lower in
GBP/USD consolidates rally to three-month highs of 1.3440 Brexit deal, UK vaccine rollout likely this weekend. US stimulus talks down the dollar, eyes on ADP jobs. GBP/USD looks to extend its bullish consolidative mode above 1.3400 into European trading, having hit three-month highs at 1.3440 amid renewed Brexit optimism and broad-based US dollar weakness. The
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In this video I will show you how to count levels in order to predict where the forex market will reverse. If you have been searching for a forex trading strategy market maker method is the best trading strategy available. You will also learn about stophunts, peaks, safest trading entries. Note in this video indicators
Canadian businessman Kevin O’Leary, who appears on the reality TV show Shark Tank, has seemingly softened his stance on Bitcoin after speaking with Anthony ‘Pomp’ Pompliano. In an episode of the Pomp Podcast released today, Shark Tank’s Kevin O’Leary appeared to be moving past his statements last year when he declared that Bitcoin (BTC) was
Rockets above ceiling area on Brexit deal hope The GBPUSD has liftoff. As Adam posted: Looking at the hourly chart below…. ….the pair earlier today was able to get above the swing highs from November 23 and November 26 at the 1.3397 level, but the high could only reach 1.34054 before rotating back to the downside. This next move