Justin had the news on Friday, posting a reminder here. China imposes anti-dumping tariffs on Australian wine anti-dumping duty will begin on 28 March for five years with imports of Australian wine set to incur duties of between 116.2% and 218.4% Another escalation of trade imposts flowing from the poor relations between China and Australia
NEW DELHI: Aluminium prices rose 0.14 per cent to Rs 177.50 per kg in futures trade on Friday as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium contracts for April delivery gained 25 paise, or 0.14 per cent, to Rs 177.50 per kg in
EUR/USD fades Friday’s recovery moves as sentiment worsens. Germany needs lockdown, French doctors warn of increase in COVID-19 patients in the ICU. USTR hints no tariff relief for China, ECB’s Lane advises extended monetary policy easing. Holiday-shortened week lacks data on Monday, risk news remains as the key. EUR/USD struggles around the intraday low of
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Falls down -0.69% at the new session low The Nasdaq has pushed to new lows as the trading winds down to the last 1 1/2 hours of trading. The pair moved up as much as 0.74% at the high. The low has just bottomed at -0.69%. Meanwhile the S&P and Dow remain higher on the
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NEW DELHI: Silver prices rose by Rs 171 to Rs 65,040 per kg in futures trade on Friday as participants widened their bets on a firm spot demand. On the Multi Commodity Exchange, silver contracts for May delivery gained Rs 171, or 0.26 per cent, to Rs 65,040 per kg in 11,001 lots. Analysts said
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks soared +4.79 mmb to 1291.67 mmb in the week ended March 19. Crude oil inventory gained +1.91 mmb (consensus: -0.27 mmb) to 502.71 mmb. Stockpile increased in 2 out of 5 PADDs. PADD 3 (Gulf
One of the toughest puzzles in crypto is figuring out what to take seriously. On Friday, the DeFi Alliance — a decentralized finance startup incubator and accelerator — announced a list of 11 new members. Some were predictable, such as oracle provider Chainlink and VC stalwart Blockchain Capital, but one name stood out in particular:
The NZDUSD is the biggest mover for the week with a 2.48% decline For the week, the USD is ending as the strongest of the majors, while the NZD is the weakest. That makes the NZDUSD the biggest mover for the week. The NZDUSD fell 2.48%. The next biggest mover was the GBPNZD which
Deaths are the highest since November 2020 France is reporting 41,869 new cases on the day. They are also announcing 897 new deaths. That was the highest level since November 2020 (highest for the year). France is reporting that 7,519,740 have received a first dose of the vaccine. The trends to the upside are a
Indian oil minister Dharmendra Pradhan on Friday described his Saudi counterpart’s advice to reduce oil stores to tackle high crude prices as “undiplomatic”. “That was in a way (an) undiplomatic answer by some of our old friend. I politely disagree with that kind of approach. “Certainly India has its own strategy, when and how to
After staying cautious for most of the week, risk sentiments were turned on again towards the end, bringing DOW and S&P 500 to new record highs. Aussie, Kiwi and Sterling staged a strong come back while Yen and Swiss Franc were deeply sold off. Yet, Dollar ended as the best performer last week, followed by
Spot gold continues to stick within a few dollars of its 21-day moving average within a tight mid-$1720s-mid-$1740s range. The precious metal has been caught this week between the conflicting forces of a strong USD but lower real yields. Spot gold prices (XAU/USD) continue to stick within a few dollars of its 21-day moving average,
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Welcome to Technical FX Youtube Channel. In this video James the founder of Technical FX gives a tutorial on how to use the fibonacci retracement tool on past data. We hope you enjoy this video and make sure you subscribe for more. ——— Links: Youtube: https://youtube.com/TechnicalFX Instagram: https://instagram.com/technicalfx James’ Instagram: https://instagram.com/jamestfx Join us: https://www.technicalfx.co.uk Email