A Brexit deal is very difficult but still doable, Ireland’s Foreign Minister Simon Coveney told Sky News on Sunday, as reported by Reuters. Additional takeaways “If UK imposes Internal Market Bill, we won’t get a deal.” “Two sides are very far apart on fishing.” “Talks could fall apart on fishing, hopes that won’t be the case.”
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200 hour MA stalled the fall in the current hour The AUDUSD fell below a floor in the 0.7238 to 0.7245 area. Yesterday, afternoon, the pair fell below that area and stayed below in the Asian session. The price was also able to get below the 200 hour MA (green line). However, sellers could not
Comments from the President: Administration will not put on a lockdown under any circumstances Economy is rebounding beyond any expectations Slaqui says he expects to have enough vaccine to immunize 20m Americans in Dec and 20m thereafter Slaqui: Two vaccines and two therapeutics may be granted emergency use authorization by year end This is a
Bitcoin continues its bull run. The coin is up more than 12 percent over the last week and is now tickling $16,000. According to the Big Mac Index, a Bitcoin will now buy as many as 6,3421.26 of the giant burgers. It’s even passed the monetary base of the Russian ruble, and is on its
Mumbai: Two leading retail jewellers, each having over two dozen stores pan India, have posted 15-40% higher sales by value this Dhanteras, and one of them has even surpassed last year’s volume by 15%. Aditya Pethe, Director, Waman Hari Pethe Jewellers, attributes the 15% higher sales and hitting almost 90% of last year’s volume at
News of coronavirus vaccine readiness was the biggest market mover last week, solidifying near term risk-on sentiments. Subsequent price actions in major global indices were clearly corrective looking, setting the stage for further rally. Swiss Franc and Yen ended as the worst performing ones, followed by Canadian Dollar, which was dragged down by the pull
A person poses in front of a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Palantir, the maker of software and analytics tools for the defense
Gold closed last two days of the week in the positive territory. XAU/USD lost more than 3% for the week. Gold could continue to push higher with a daily close above $1,900. The XAU/USD pair closed the last two days of the week in the positive territory but closed below $1,900. On a weekly basis,
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4 of 5 days are higher for the major indices The European shares recovered modestly from the declines seen yesterday. For the week, the major indices all closed higher. The major indices enjoyed gains in 4 of 5 days. That was the same win percentage from last week. The provisional closes for the day show:
Forex news for North American trade on November 13, 2020: Markets: S&P 500 closes at record high, up 1.4% US 10-year yields down 1.3 bps to 0.896% Gold up $11 to $1887 WTI crude down 98-cents to $40.14 GBP leads, USD lags The general theme in New York trade was US dollar selling as the
Gold rose on Friday as increasing coronavirus infections globally re-ignited concerns about the economic toll from the pandemic, while scepticism over the reach of a potential COVID-19 vaccine further boosted the safe-haven metal. Spot gold rose 0.5% to $1,884.76 per ounce by 1:57 p.m. EST (1857 GMT). But bullion was still bound for its worst
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks plunged -16.8 mmb to 1402.34 mmb in the week ended November 6. Crude oil inventory gained +4.28 mmb (consensus: -0.91 mmb) to 488.71 mmb. Stockpile increased in 2 out of 5 PADDs. However, PADD3 (Gulf
First-time claims for unemployment insurance continued their decline last week, hitting another pandemic-era low in a sign that the labor market is gradually improving. The Labor Department reported Thursday that jobless claims hit 709,000 for the week ended Nov. 7, down from 757,000 the week before. Economists surveyed by Dow Jones had been looking for
John Riccitiello Gus Ruelas | Reuters Video game software developer Unity Software‘s stock fell as much as 6% in after-hours trading on Thursday as the company posted widening net losses in its third-quarter earnings. Here’s what they reported: Loss per share: 97 cents Revenue: $200.8 million Net loss: $144.7 million CNBC does not compare reported earnings
EUR/GBP rebound from 0.8860, rejected at 0.9000. The pound appreciates after UK’s top adviser Cummings announces his exit. Euro’s recovery from week-lows at 0.8860 has been rejected at 0.9000 and the pair pulled back to 0.8960 area on Friday, on track to close the week with a 0.7% loss. The sterling appreciates as Brexit deal