Job creation came to a halt in December as restrictions brought on by surging Covid-19 cases hammered virus-sensitive industries. The Labor Department reported Friday that nonfarm payrolls fell by 140,000. That was below expectations for 50,000 from economists surveyed by Dow Jones. The unemployment rate was 6.7%, compared to the 6.8% estimate.Since a recovery that
Month: January 2021
Bed Bath & Beyond shares plummeted Thursday, after the retailer reported a quarterly sales decline of 5% from a year ago, which it said was largely due to the sale of non-core assets like Cost Plus World Market and ongoing store closures that are part of its bigger turnaround plans. The stock was down more
WTI crude oil futures have seen significant upside in recent trade and burst above $52.00. No specific news or theme is behind the recent rise. But this week’s Democrat Senate victory and voluntary cut from the Saudis continue to support. Front-month WTI crude oil futures have seen significant upside in recent trade and burst above
EURUSD 100 hour moving average at 1.22825 The EURUSD has moved higher (lower USD) after the we can expected US jobs reports. The price range since the release has seen the price bottom at 1.22335. The high price (and new high for the day) reached 1.22841. That is just above its 100 hour moving average at 1.22827 (see blue line in the chart
Coinbase is under the microscope as the Bitcoin price surged past $41,000 following a minor retrace after topping $40,000 on Thursday. The United States-based crypto exchange is known for experiencing serious connectivity issues during periods of peak trading activity. Indeed, these disruptions have reportedly prevented traders from taking advantage of price gains and dips, robbing
Bloomberg reports on the matter The report cites people familiar with the Moderna approval process, in saying that the UK is reviewing the vaccine on an accelerated timetable and are poised to authorise it for emergency use as soon as Friday. This will be the third vaccine set to be approved by the UK to
Crude oil prices rose by Rs 20 to Rs 3,758 per barrel on Friday as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil for January delivery traded higher by Rs 20, or 0.54 per cent, at Rs 3,758 per barrel in 2,582 lots. Analysts said raising of bets
Asian markets are staying in full risk on mode, except China, following the record runs in US overnight. However, this time, Dollar is not facing much selling pressure, but recovered instead. The reflation trade and strong rally in treasury yield might finally start to give the greenback a floor. Still, Dollar will need to face
An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images The stunning surge in home buying, brought on by the coronavirus pandemic, may finally be easing up. Mortgage rates are hovering near record lows, but buyers are experiencing sticker shock
People wear protective face masks outside Walgreens pharmacy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. Noam Galai | Getty Images Walgreens Boots Alliance reported Thursday fiscal first-quarter earnings that exceeded Wall Street’s expectations, helped
Stocks rallied a day after violence rocked the US Capitol, with investors firmly focused on Democrats’ win of the Senate after the elections in Georgia, shrugging off the storming of the Capitol by supporters of President Donald Trump. Andrew Sheets, Chief Cross-Asset Strategist at Morgan Stanley, explains why a Democrat sweep of Congress and the
Hello everyone, in today’s episode we will talk about what is a What Is Forex Strategy and how to make (develop) your own Forex Strategy in 3 simple steps. We will disuss each and every aspect of how we can develope a profitable forex Strategy to make a difference in your life hopefully it will
FREE Advanced Pattern Tutorial – https://www.thetradingchannel.net/optinpage EAP training program – https://goo.gl/5cP1Z5 In this weeks video i share with you some analysis that i did last week on the EURGBP and how that analysis worked in the market throughout the week. Also i share how i was able to use that analysis to predict the next
#short #ForexBull Visit Website For More Information – https://forexsbull.com/ Telegram Channel – ( https://t.me/ForexsBull ) In this video, we look at the top technical indicators successful spread betters create their trading strategies from. We look at what the indicators mean and how they should be applied to the markets. We look at real-world examples as
Dow, S&P, NASDAQ, Russell 2000 all closed at record highs The major indices are all closing at record highs. THe Dow industrial average closed above 31,000 for the 1st time ever. The NASDAQ index close above 13,000 for the 1st time ever. The NASDAQ index surged by 2.6% which is the largest one-day gain in 2 months 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
Gold eased on Thursday on a stronger dollar and higher U.S. Treasury yields, but prospects of more fiscal stimulus under a Democrat-led administration in Washington capped losses. Spot gold was down 0.3% to $1,912.86 per ounce by 10:39 a.m. EST (1539 GMT). U.S. gold futures were up 0.3% at $1,913.90. Prices slipped as much as
Dollar extends recovery in European but there appears to be no follow through buying so far. It remains one of the weakest for the week, together with Yen and Sterling. Australian and New Zealand Dollars are paring some of this week’s gains too. The US Senate and House certified President-elect Joe Biden’s victory in the
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