Month: December 2020

Dow closes nearer session low The US stock indices are ending the session with mixed results. The S&P index is trading down modestly, the NASDAQ index is leading the way to the upside. The Dow is the worst performer.   The small-cap Russell 2000 is ending nearer up 1%. It and the Nasdaq index closed the day at record highs. The S&P is
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Gold prices fell Rs 243 to Rs 49,653 per 10 gram in the national capital on Tuesday, reflecting the weakness in global price of the precious metal, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 49,896 per 10 gram. Silver prices also declined Rs 216 to Rs 67,177
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It seems that traders are already on holiday with the subdued market activity today. Sterling softens again on reports that EU rejected UK’s latest proposal on fishing rights. Australia and Zealand Dollars also dip mildly. On the other hand, Swiss France firms up together with Euro, followed by Dollar and Yen. Gold and oil are
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Dow closes marginally higher The US border indices are closing lower on the day but well off the worst levels.  The Dow industrial average is closing marginally higher. A look at the final numbers are showing.   S&P index fell -14.47 points or -0.39% to 3694.94 NASDAQ index fell -13.122 points or -0.10% to 12742.53 Dow rose 36.94 points or 0.12% to 30215.99
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Another rough day for Asian equities The risk mood is keeping more on the defensive once again, with Japanese stocks ending the day lower while the Hang Seng is down 1.1% and the Shanghai Composite seen down 1.3% going into the closing stages of the day. S&P 500 futures are also down 0.5% while Nasdaq
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Ripple will be sued by the SEC for allegedly selling unlicensed securities in the form of XRP tokens, according to Fortune. In a move reminiscent of Coinbase’s recent front-running of a New York Times expose of its alleged treatment of employees of color, Ripple CEO Brad Garlinghouse has taken the unusual step of posting to
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Sterling’s exceptional volatility continued as traders turned a bit more optimistic on a Brexit trade deal. But upside remains capped, as nothing is done until everything is done. Markets are also mixed elsewhere, with the positive impact of US fiscal stimulus being offset by worries over new strain of coronavirus. Economic calendar continues to be
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Down $-1.36 or -2.77% the price of crude oil futures is settling at $47.74. The high for the day reached $48.61. The low reached $$46.18.  For the February contract, the price settled at $47.97. That is down -$1.27 on the day. The price fall today took the contract down to and through the 61.8% retracement of the years
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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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Decentralized stablecoin exchange Curve Finance has added the euro as a secondary currency option following demand from users. As announced in a tweet on Sunday, Curve now has a liquidity pool for switching between the Stasis Euro (EURS) stablecoin and a synthetic euro, sEUR, on the Synthetix derivatives platform. Currently, the stablecoin market is dominated by currencies
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