WTI: Will it retest monthly highs of $41.88 ahead of EIA data? Risk-sentiment turns sour amid fresh coronavirus lockdown worries. API data showed a build in the weekly US crude supplies. WTI (futures on NYMEX) stalls its corrective declines from monthly tops of $41.88 and regains the $41 mark in the last hour, staging a
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NASDAQ snaps 5 day losing streak. Dow and S&P break 4-day decline The US major indices snapped their losing streaks but also close well off there intraday highs. The NASDAQ index had had a 5 day losing streak while the Dow and S&P declined for 4 straight days. S&P index closed up 16.23 points or 0.47%
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Major exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time since, users have begun demanding answers via Twitter. In an Oct. 20 tweet from Hao, the CEO stated that there had been “no on-chain out-flow” since the exchange announced it had
LONDON: Oil prices steadied on Tuesday but remained under pressure from the threat to demand from a global resurgence in coronavirus cases and rising Libyan output. Brent crude futures were trading 2 cents higher at $42.64 a barrel by 1355 GMT. November U.S. West Texas Intermediate (WTI) crude futures fell 37 cents, or 0.9%, to
Markets continue to be dominated by strength of Euro and Swiss Franc today. That comes in spite of surging coronavirus infections in Europe. Meanwhile, the deadlock of Brexit negotiations remain. Traders are apparently adding to bet that more global central banks, like RBA and BoE, are joining the negative interest rate club soon. For now,
(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for its third quarter of 2020 after the bell on Tuesday. Here are the key
Gold futures have remained trading within previous ranges on Tuesday, trapped between $1,900 and $1,915, with the market awaiting the outcome of the US stimulus negotiations. US House Representative, Nancy Pelosi, who set Tuesday as the deadline to reach an agreement, said she was optimistic about a stimulus deal, although senate republicans have shown their
Gold continues to coil up ahead of what could be the final pre-election stimulus showdown in the US For bank trade ideas, check out eFX Plus Gold is pretty much forming a narrowing wedge at this point as we get into what hopefully will be the end of the pre-election stimulus showdown in the US.
Softer tones observed in early trades German DAX futures -0.7% UK FTSE futures -0.4% Spanish IBEX futures -0.7% This owes a bit to some catch-up play to the decline in US stocks yesterday amid fading stimulus hopes, which led to a decline of ~1.6% in Wall Street at the close. Although it should be very
NEW DELHI: Gold and silver prices were trading with cuts in Tuesday’s session tracking the trend in international markets as caution set in ahead of the deadline to reach an agreement on a new US coronavirus stimulus. US House of Representatives Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin “continued to narrow their differences” about
Australia’s Dollar’s decline is resuming today as RBA minutes, as well ass comments from a top official solidify the case for imminent easing in November. Weaker risk sentiments also weigh on commodity currencies in general, after US stocks reversed initial gains to close sharply lower. Euro and Swiss Franc continue to lead the way higher.
Wired senior staff writer Cade Metz and Arvind Krishna, then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images Shares of IBM fell slightly in extended trading on Monday after the company released third-quarter earnings
USD/CHF sellers attack 0.9100 round-figures on Tuesday as the previous breached uptrend now offers resistance at 0.9184. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, is closely watching the 0.9048 mid-September low as a break below here would open the path for further losses. Key quotes “USD/CHF yesterday failed at the breached two-month
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