PM Boris Johnson speaking: We do not believe we need to delay reopening Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT British PM Boris Johnson press conference We have seen further clusters of Indian variant. There is some important unknowns including the variant is more transmissible If the variant is
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100 day MA is at 13438.47 currently The NASDAQ index continues its move to the upside and is currently trading up over 300 points or 2.3% at 13428.03 (that is the high). The last move to the upside took the price back above its 50 hour moving average currently at 13407. The next target comes in at the 100
NEW DELHI: Gold import, which has a bearing on the country’s current account deficit (CAD), zoomed to USD 6.3 billion for the month of April due to a surge in domestic demand, according to the Commerce Ministry data. Silver imports during the month, however, dipped by 88.53 per cent to about USD 11.9 million. Gold
Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year earlier. A
This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines
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100/200 hour MA at 0.7776 area The AUDUSD after testing the 100/200 hour area for 5 consecutive hourly bars has made a break for it with a break above the MA levels currently near converged at 0.7775 to 0.7777. The price is currently trading at 0.7785. Risk now is a move back below those moving average levels.
LONDON: Copper prices on Friday were on course for their first weekly decline since the start of April as rising inflation fears and a dip in demand from China dragged prices down. Benchmark copper on the London Metal Exchange (LME) was 0.9% lower at $10,245.50 a tonne at 1624 GMT, having scaled a record high
Market debates heated up last week with the influx of some US economic data. On the other hand, the concerns on overheating inflation was legitimate given the much stronger than expected headline and core CPI reading from the US. On the other hand, poor retail sales, and prior week’s non-farm payroll data, gave a nod
Akapong Osotsil / EyeEm | EyeEm | Getty Images Consumer debt edged higher during the first three months of 2021, due primarily to a jump in mortgages and auto loans, the Federal Reserve reported Wednesday. Total household debt balances rose by $85 billion in the first quarter, a 0.6% increase that brought the total level
Who knew what, and when did they know it? Investigating Watergate in 1973, Senator Howard Baker Jr. wanted the answer. Thanks to a couple of journalists, he eventually got it. And while the stakes may not be as high, the team at Cointelegraph Markets Pro is pretty curious about some interesting crypto data this week.
White House economic advisor Rouse speaking. Meanwhile White House economic advisor Rouse is also speaking and says: At moment, people view current spike in inflation as a transitory phenomenon Inflation expectations are the purview of the Federal Reserve We’ve a long way to go on economic recovery. Trade team is looking at tariffs as factor in inflation deficit finance expenditures
CFTC commitments of traders: USD shorts increase led by CAD longs Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT Technical Analysis Weekly forex futures positioning data from the CFTC for the week ending May 11, 2021. EUR long 94K vs 85K long last week. Longs increased by 9K GBP
(This story originally appeared in on May 15, 2021) Chennai: Gold buying on Akshaya Tritiya did not halt completely but took on the digital form as jewellers across major markets were shut due to Covid-induced lockdowns. Considered an auspicious occasion to buy gold, this year too, like 2020, Akshaya Tritiya was celebrated under the shadow