Flash reading for June retail sales come in much, much lower than expected -1.8 % m/m State of Victoria the worst at -3.5%, lockdown impact. NSW will be worse in July as its lockdown weighs, but in June wasn’t great at -2% — Background to this is here: Invest in yourself. See our forex education
Month: July 2021
NASDAQ and S&P declines from yesterday Highlights for the day include: NASDAQ has its best day in more than two months NASDAQ snapped a five day decline Nasdaq 67 new highs but 76 new lows which is diverging. S&P higher for the first time in four sessions S&P has its best day in four months
New Delhi: Gold in the national capital on Tuesday gained Rs 253 to Rs 47,100 per 10 gram amid supportive global trends, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,847 per 10 grams. Silver slipped Rs 61 to Rs 65,730 per kilogram from Rs 65,791 per kilogram
ECB’s conclusion of the strategy review on July 8 has made this week’s meeting very important. Policymakers adjusted the inflation target to a symmetric 2%, allowing a temporary overshoot. Despite the significant change, no monetary policy is expected to change in July. We only expect some changes in the forward guidance, in reflection of the
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters There are several signs in the market for newly built homes that point to a potential slowdown for the nation’s homebuilders. Data released Tuesday added to the evidence
In this article NFLX Co-CEO of Netflix Reed Hastings (R) and CEO of Nubank David Velez walk together at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report second-quarter earnings after the bell on Tuesday. Here are the key
AUD/JPY defends corrective pullback from multi-day low, edges higher of late. Risk-off mood cools amid stimulus hopes, further support for easy money policies. Over half of Australia is under virus-led lockdown, Tokyo again registers over 1,000 cases. BOJ Minutes, Aussie Retail Sales could offer immediate direction, risk catalysts are the key. AUD/JPY holds onto corrective
Fresh lows in rates US rates are at the lows of the day, edging through 1.16% as some risk aversion creeps into markets. The building permits data was on the soft side but I suspect this is more follow through from yesterday. In FX, the euro tested yesterday’s low at 1.1765 but held it on
The dollar is not letting up just yet to start the new week Risk trades may be retracing slightly after yesterday’s sharp losses but in FX, the dollar is still keeping more resilient as we get into European morning trade. Commodity currencies are leading losses but it isn’t so much just contained to that space,
NEW DELHI: Gold moved higher on Tuesday, recovering from the scars of previous session, as rising Delta virus threat spooked investors. Both precious metals posted decent gains on . Gold futures on MCX were up 0.38 per cent or Rs 184 at Rs 48,278 per 10 grams. Silver futures gained 0.29 per cent or Rs
Overall market sentiments stabilized in Asia, after the massive risk-off trades in the US overnight. While Asia indexes are still down, losses are limited. Yen and Swiss franc are paring some gains but remain the overwhelmingly strongest ones. Commodity currencies are the weakest as led by Canadian Dollar. Dollar and Euro are mixed for now,
NZD/USD continues to suffer losses following Monday’s drop. US Dollar Index rises for the fourth straight trading day. Wall Street’s main indexes look to rebound on Tuesday. The NZD/USD pair lost more than 60 pips on Monday and extended its slide on Tuesday to touch its lowest level since November at 0.6888. As of writing,
In today’s tutorial, we will explain exactly how to trade the 3 Bar Reversal Pattern (also known as the 3 Bar Play) with a Simple Forex Trading Strategy. The 3 Bar Reversal Pattern (or 3 Bar Play), is a Price Action Strategy used by both Beginner and Advanced Traders alike that does not require any
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What’s going on guys welcome back to another video. Todays video was about how I scalp on the smaller time frames such as the 15 minute 5 minute and lower. If this video was helpful please leave a like and subscribe! ============================================================ Course Link (Discount Running): https://traq-fx-success-course.teachable.com/ Instagram: @TraqFX Telegram: TraqFX ============================================================ Risk Disclaimer: Trading
Ethereum appears to be extending its fee dominance over Bitcoin by roughly 10 times, with Bitcoin currently ranking just sixth by weekly fee generation. According to CryptoFees’ data for July 18, the Bitcoin network had generated $725.7 million in daily fees on average over the past seven days, and less than $400,000 worth of fees
An update on the lockdown on Australia’s largest city of Sydney. new cases reported for the previous 24 hours are 78. Since the park of 112 a little over a week ago, numbers daily: 89, 97, 65, 97, 111, 105, 98, 78 Such a result is unlikely to have the local lockdown ending soon but
Dow falls 946 points at the low The major indices are all closing lower but off their lowest levels Russell 2000, Dow transports down 10+ percent from the highs NASDAQ down for the fifth consecutive day. Longest losing streak since October 2020 Energy sector sags as oil prices tumble. Crude oil has its worst day
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