Month: November 2021

NFP to round things off in trading this week Amid all the focus on central banks over the past few days, one can easily forget that we still have one of the bigger data points that the Fed and the market tends to look at. With that in mind, we may not get much notable
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In this article PTON A Peloton Bike Shannon Stapleton | Reuters Peloton is set to report its fiscal first-quarter financials after the market closes on Thursday. Here’s what analysts polled by Refinitiv are expecting: Loss per share: Loss of $1.07, adjusted Revenue: $810.7 million Beyond the quarterly results, investors will be paying close attention to
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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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Softening gold prices and pent-up demand have driven festive gold and jewellery sales with early numbers indicating strong sales on Dhanteras on Tuesday. Leading trade body, the India Bullion & Jewellers Association (IBJA), said this year’s Dhanteras sales are expected to return to pre-Covid levels and surpass those of last year by 15-20%. “Reports trickling
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This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Sept. 22. Text removed from the September statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both
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Spot silver has rebounded well from Wednesday’s sharp drop to $23.00, though hasn’t yet reclaimed $24.00. Precious metals are getting a boost from a sharp drop in global bond yields after Thursday’s dovish BoE policy announcement. Spot silver (XAG/USD) prices have gained significant ground in recent trade and, having dipped as low as $23.00/oz on
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