Dollar extended its broad gains today, bolstered by the jump in US 10-year Treasury yield, which surpassed 4.3% as expectations grow for an expansive fiscal agenda following the US presidential election. In parallel, Bitcoin has surged past 70K for the first time since June, driven by speculation that post-election developments could accelerate efforts to expand
admin
The NASDAQ index is trading up 96 points or 0.52% at 18663.79. That takes the price above the July 10 high closing level of 18467.58. On Friday, the price high traded above that level intraday but failed. In trading yesterday, the high price also moved above that high closing intraday and failed (closing near the
USDCAD monthly With two trading days left in October, USD/CAD has a shot at breaking the monthly closing highs in 2016 and 2020. Much of that will depend on key US economic data on Wednesday and Thursday but even if the loonie hangs on, the outlook is worsening in part due to a new housing
Written by , ETMarkets.com| Oct 29, 2024, 09:01:51 PM IST 1/3 Stock Ideas Indian headline indices S&P BSE Sensex and Nifty closed with gains for the second time in a row on Tuesday led by gains in banking and financial stocks which helped them reverse the course in the final hour of trading. The markets traded
Consumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year lows, according to separate reports released Tuesday. The Conference Board’s consumer confidence index for October rose more than 11% to a reading of 138, its biggest one-month acceleration since March 2021. Along with that, the
Microsoft will release quarterly results after Wednesday’s closing bell, and with it comes a new reporting structure the company hopes will provide more visibility into its big cloud computing business. Announced in August , and reported this way for the first time this week, Microsoft decided to change which revenue streams fall under its three
HDFCLIFE Elliott Wave technical analysis Function: Larger Trend Higher (Intermediate degree Wave (3), orange) Mode: Motive Structure: Impulse Position: Minute Wave ((v)) Navy Details: Minute Wave ((v)) Navy is progressing higher within Minor Wave 3 Grey of Intermediate Wave (3) Orange. Potential upside target is seen towards 797 mark. No change. HDFC Life Insurance daily
Aussie fell broadly today as pressured by a combination of factor. A significant contributor is the strengthening greenback, supported by expectations of slower-than-anticipated Fed easing cycle and rising yields driven by US presidential election considerations. Another factor weighing on Aussie is the waning enthusiasm for China’s stimulus measures, mirrored in sluggish performance in Chinese and
The GBPUSD buyers had their shot to make a move today. After bouncing off a key support level at 1.2938, the price surged higher, breaking above the 100 hour MA, 100 day MA, and 200 hour MA. However, despite achieving this technical breakthrough, the buyers failed to sustain momentum. On two separate occasions, the price
It is being reported by Reuters that China president Xi Jinping had asked US president Joe Biden to change the language that the latter uses when discussing its position on Taiwan independence. The request came about last year, in which China wanted the US to explicitly say that they “oppose Taiwan independence” rather than mention
On the auspicious occasion of Dhanteras, Gold December futures on the MCX opened 0.4% or Rs 304 higher at Rs 78,870/ 10 grams, hovering close to their all-time high level of Rs 78,919/10 gm. Meanwhile, December silver futures contracts surged 0.43% or Rs 426 to the day’s high of Rs 97,850/kg. So far in the
HSBC Holdings Plc building at Canada Square in Canary Wharf financial district on 15th August 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Europe’s largest lender HSBC on Tuesday announced it will repurchase up to $3 billion in shares as it issued a third-quarter earnings report that beat analyst estimates,
EUR/USD trades flat near 1.0810 in Tuesday’s early Asian session. The rising bets that the Fed might not opt into aggressive easing might boost the USD. ECB’s Wunsch said there is no urgency for the ECB to speed up policy easing. The EUR/USD pair holds steady around 1.0810 on the consolidation of the US Dollar
While Yen remains the weakest performer today, it has managed to recover part of its initial losses following the weekend’s inconclusive election. Investor sentiment stabilized somewhat on hopes that Japan’s Liberal Democratic Party could still secure a majority in the lower house through a coalition with Komeito and smaller parties. Reports suggest that the government
The AUDUSD closed below its 200-day moving average on Friday at 0.6628. In trading today, the price remains below that 200-day moving average. Stay below that level, keeps the sellers more in control. In the Asian session today, the price initially moved lower reaching 0.65789. That took the price within four pips of the 61.8%
High yield 4.138 WI yield st the time of the auction 4.122 Tail 1.6 basis point 6-auction avg. 0.5bps Bid-to-Cover 2.39X vs 6-auction avg. 2.37x Dealers 14.2% vs 6-auction avg. 14.4% Directs (a measure of domestic demand) 9.50% vs. 6-auction avg. 17.6% Indirects (a measure of international demand) 76.4% vs 6-auction avg. 68.0% AUCTION GRADE:
Oil prices tumbled and global stocks rose Monday on relief that Israel’s strikes on Iran avoided the country’s energy infrastructure. Israel spared oil and nuclear facilities in its air strikes on Iranian military targets Saturday, easing investor concerns about the extent of Israel’s retaliation to Tehran’s October 1 missile barrage. “Investors breathed a sigh of
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative (FII) forum. Fayez Nureldine | Afp | Getty Images Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom’s Future Investment Initiative,
- « Previous Page
- 1
- …
- 45
- 46
- 47
- 48
- 49
- …
- 1279
- Next Page »