MicroStrategy (MSTR), a leading business intelligence firm, announced Friday that it has raised $650 million worth of convertible bonds to finance more Bitcoin (BTC) purchases, underscoring CEO Michael Saylor’s conviction in the flagship digital asset. The company confirmed Friday that it had sold $650 million worth of convertible senior notes at a rate of 0.750%
US electoral vote. FOMC, Bank of England, Swiss National Bank and Bank of Japan interest rate decisions What’s on tap for next week. Monday: US electoral vote Tuesday: Bank of Canada Gov. Macklem speaks. 2:30 PM ET/1930 GMT. Wednesday: OPEC meeting all day France flash PMI services index, 3:15 AM ET/0815 GMT. Estimate 39.1 vs. 38.8 last
Gold futures on Friday fell by 0.13 per cent to Rs 49,015 per 10 gram as participants offloaded their holdings on low spot demand. On the Multi Commodity Exchange, gold prices for February delivery declined by Rs 62, or 0.13 per cent, to Rs 49,015 per 10 gram in a business turnover of 11,849 lots.
Sterling’s selloff accelerates further today after leaders from both EU and UK admitted that their negotiations positions are still part. No-deal Brexit is now seen as the most likely scenario, and we should know very soon by the end of Sunday. Dollar and Yen recover mildly today, on mild risk-off mode ahead of the weekend.
Shoppers hold hands at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Almost 40% of Americans plan to spend less on gifts this holiday season than they did last year, the largest such percentage since 2013, according to the CNBC All-America Economic Survey. Just 11% plan to
Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon on Thursday reported sales of $1.1 billion, up 22% from a year ago and beating analysts’ estimates, as shoppers frequented the retailer’s stores and website to buy workout apparel during the period. In North America, net revenue grew 19%, boosted
Gold remained depressed for the third consecutive session on Friday. Resurgent USD demand was seen exerting pressure on the commodity. A turnaround in the global risk sentiment helped limit any further losses. Gold edged lower during the mid-European session and dropped to the lower end of its weekly range, around the $1824 region, albeit lacked
Forex trading system that actually works – one of the best forex trading systems – Forex EA Trader. My settings below – note that you can actually trade without all the other indicators – just the zone indicator if you tweak it right. i love using H4 chart… MY SETTINGS VIDEO: HOW TO USE THE
Support the stream: https://streamlabs.com/pocketingpips
Forex trading system that actually works – one of the best forex trading systems – Forex Trading Strategies. My settings below – note that you can actually trade without all the other indicators – just the zone indicator if you tweak it right. i love using H4 chart… MY SETTINGS VIDEO: HOW TO USE THE
S&P and Dow industrial average fall The US stocks end the session with mixed results. The NASDAQ index rebounded a portion of its sharp -1.94% decline from yesterday. The S&P index in the down industrial average each closed lower for the 2nd consecutive day. The S&P and Dow are on pace for the 1st weekly
Forex news for Asia-Pacific trade on December 11, 2020: Markets: Gold up $1 to $1837 Nikke down 0.4% AUD leads, NZD lags Newsflow was minimal but there was some decent price action for a ‘quiet’ Friday. The direction was a continuation of the Friday trade in New York as the dollar was sold once again
Ethereum wallet MetaMask is seeking to attract institutional investors into the decentralized finance sector with the soon-to-be-launched institutional-grade version. The popular wallet, with more than 1 million monthly active users, introduced token swaps in October this year, and is now looking to expand even further. Developers ConsenSys identified that DeFi protocols are currently too inefficient
NEW DELHI: Gold futures edged higher while silver futures were trading flat in Friday’s session as concerns over the delays in the US stimulus package, rising unemployment in the world’s largest economy and Brexit overshadowed optimism over ECB stimulus announced in the previous session. A weak dollar that hovered near a two-and-a-half-year low also pushed
Accelerating rally in iron ore prices pushes Australian broadly higher today, on the back of steadily firm risk sentiment. The Aussie is currently the strongest one for the week, followed by New Zealand Dollar, while Canadian is not far away, with help from oil prices. Sterling remains the worst one, on the “strong possibility” of
American homeowners are $1 trillion richer as the pandemic-driven housing boom pads their pockets. As prices rise, home equity multiplies. In the past year, homeowners with mortgages, representing about 63% of all properties, have seen their equity increase by 10.8%, according to CoreLogic. That equates to a collective $1 trillion in gained equity, or an
Silver prints mild losses, recently fails to extent recovery moves from $23.87. Sustained trading below the key HMA suggests further downside. Monthly horizontal support challenges the bears amid normal RSI conditions. Silver declines to $23.96, down 0.17% intraday, during Friday’s Asian trading. In doing so, the white metal keeps its U-turn from 100-HMA, marked the
Trendline support at 0.8849 stalls the fall The USDCHF fell to another new low going back to January 2015 today, cracking below the low from yesterday at 0.88704 in the process. The low price extended to 0.88513. That low, however, found dip buyers ahead of a lower trend line on the hourly chart at 0.8849,