Levi Strauss & Co. shares soared more than 9% Tuesday after the denim maker reported online sales growth of 52%, which helped offset losses elsewhere in the business during the fiscal third quarter. Management told analysts it expects the strong performance will continue into the holiday quarter, though it is calling for sales to be down
US President Donald Trump made a terrible mistake by ending coronavirus aid negotiations, US House Speaker Nancy Pelosi told ABC on Wednesday, as reported by Reuters. “It is really important to come to an agreement on COVID-19 aid,” Pelosi added and said that it was a missed opportunity to not pass a larger relief package. Market
Stimulus is off the table for now The case for buying gold is that easy money policies at central banks and governments are going to last for years. Trump’s decision to call off discussions on a $1.5-$2.2 trillion package put that in doubt, at least for now. Gold responded by falling to $1875 from $1910.
Alongside stocks falling on Trump’s tweet during the US afternoon halting stimulus negotiations was the USD gaining back ground. That is extending just a tad further here in Asia morning trade, albeit in very small ranges. EUR/USD has just dropped under 1.1730, extending its losses. NZD and AUD are barely doing much better. Ditto for
Pune: Guar gum traders said although the futures market is expecting an uptick in prices, any increase will not be sustainable for long as demand may take time to revive while the supply side remains strong. India is the world’s largest manufacturer and exporter of guar gum. The export dependence of traders keeps prices volatile.
Sterling is currently the worst performing one today so far, on the never-ending concerns of coronavirus infections and no-deal Brexit risk. Australian Dollar is closely following as second weakest after RBA indicated more easing ahead to support employment. On the other hand, New Zealand Dollar is currently the strongest, thanks to cross buying against Aussie.
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., Oct. 30, 2019. Al Drago | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell called Tuesday for continued aggressive fiscal and monetary stimulus for an economic recovery that he said
In its latest credit review of the South Korean economy, Fitch Ratings affirmed Korea’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘AA-‘ with a Stable Outlook. Key takeaways “The pandemic has weighed on economic growth and public finances, but domestic control of the virus accompanied by a robust policy response have limited the severity of
www.fxjake.com – Jorge shows us how he trades the 2e system that he learned in the Daily Trader course at FXjake. Everything you need to know about this system is here. Indicator on the Naked Forex Now forum.
►Subscribe: https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1 ►Build your trading skills with IG Academy: https://www.ig.com/uk/learn-to-trade/ig-academy As the world’s most-traded financial market, foreign exchange presents a wealth of opportunities for those who can harness its inherent volatility. Get started with forex here: https://www.ig.com/uk/forex/what-is-forex-and-how-does-it-work?CHID=9&QPID=1414143523&QPPID=1&SM=YT Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom LinkedIn: https://www.linkedin.com/company/igcom #forex #forextrading #igacademy We provide fast and flexible access to over 10,000
Forex Backtesting Simulator- https://ForexSimulator.com Indicators- https://PipsAhoy.com/downloads Good broker for trading Forex- http://bit.ly/2I1obKq Good broker for trading Indicies on small accounts- https://bit.ly/30tvsMp My Telegram- https://t.me/joinchat/AAAAAEqV2KGt1vV3IMXbbA My blog- https://PipsAhoy.com/blog Social Media ——————————————————— Instagram ▶ http://bit.ly/2HMuZtS Snapchat ▶ http://bit.ly/2ptoRir
NASDAQ index rises 2.25% The major US stock indices surged higher as investors cheered the potential for a stimulus package. Mnuchin and Pelosi are said to be exchanging new ideas. The stocks were also buoyed by a better-than-expected ISM services index for September which rose to 57.8 from 56.9 last month. The expectations were for a
Some remarks by UK finance minister, Rishi Sunak The focus of all my attention is to support jobs If consumers lack confidence, that will have an impact on jobs But we need sustainable public finances The handling of the virus crisis is all a political ruse and as much as the UK government does not
Litecoin (LTC) has relaunched its MimbleWimble testnet — a protocol designed to enhance privacy and obfuscate the traceability of distributed ledger transactions. MimbleWimble is a modified implementation of the proof-of-work algorithm underpinning Bitcoin (BTC) in which blocks appear as a single large transaction, preventing the individual inputs and outputs relating to the transactions from being
NEW DELHI: Gold and silver prices were trading mixed on Tuesday as improvement in Donald Trump’s health put pressure on bullion but a lingering economic crisis kept the mood upbeat. US President Donald Trump returned to the White House on Monday after a three-night hospital stay where he was being treated for COVID-19. Gold futures
As widely anticipated, RBA left the cash rate unchanged at 0.25% at the October meeting. The yield curve control target also stays at 0.25%. This is the 7th consecutive month that the central bank has kept the monetary policy unchanged. While economic recovery is underway, policymakers judged that the path will be “bumpy and uneven”.
The Reserve Bank of Australia (RBA) board members decided to leave its official cash rate (OCR) unchanged at a record low of 0.25% when it met at its October monetary policy review meeting this Tuesday. The AUD/USD pair briefly regained the 0.7200 mark but the more dovish tone than September capped the move, per Westpac.
In this video, I show you exactly how I was able to bank 971k Profit yesterday on Gold (XAU/USD). The key to success in Forex is “cut the losses quick, but let the good trades run and scale up your position on the good one” As a Trader, you need to be able to do