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NASDAQ leads the way lower The major indices close lower for the 2nd consecutive day. The NASDAQ index was the weakest of the majors today. Some highlights: S&P and NASDAQ index is trading lesson 3% from the all-time high Stocks have their first 2 day losing streak since September 18 The Dow industrial average turned back for
Goldman Sachs says that neither the 15 October and 31 October deadlines constitute to a hard stop in Brexit talks The firm says that the perceived probability of a no-deal outcome will persist through the course of October, and that there could be potential for “drama” at the European Council meeting that is to take
The Algorand Foundation, the governance and research organization behind major blockchain platform Algorand, is launching a new accelerator program in Europe. Known as “Algorand Europe Accelerator,” the new program intends to support European developers and entrepreneurs looking to build applications on the Algorand platform. Announcing the news on Oct. 15, the Algorand Foundation told Cointelegraph
NEW DELHI: Gold and silver prices were trading with cuts on Thursday following the trend in international markets amid vanishing hopes of any early economic stimulus from the US. US Treasury Secretary Steve Mnuchin said he and House of Representatives Speaker Nancy Pelosi were “far apart” on another coronavirus economic relief package, and that a
China’s headline CPI moderated to +1.7% y/y in September, from +2.4% a month ago. This has missed consensus of +1.9%. The weakness was mainly driven by pork inflation which slowed to +25.5% y/y, from +52.6% in August. This contributed about 0.7 percentage point to headline CPI’s moderation. Fresh vegetable prices, however, accelerated to +17.2% y/y
A United Airlines airplane takes off at San Francisco International Airport. Gary Hershorn | Corbis News | Getty Images United Airlines on Wednesday posted a wider-than-expected third quarter loss as the coronavirus pandemic continued to hammer air travel demand, but the carrier trimmed its cash burn. Here’s how United performed compared with what Wall Street
EUR/GBP remains dull around 0.9025/30 following its bounce off 0.9007, five week low, the previous day. The pullback from the channel, bullish MACD favor further recovery. 200-HMA, bearish chart pattern keeps suggesting pair’s weakness. EUR/GBP treads water around 0.9030 while heading into the European session on Thursday. The pair slumped to the lowest since early
NASDAQ continues to lead the way lower The major indices are all lower on the day. The declines today would be the 2nd consecutive down day after 4 days to the upside. The NASDAQ index is leading the way to the downside with a -0.80% decline. The index is trading to new session lows Treasury Sec.
Memories are short On election day in 2016, Clinton led 45.7% to 41.8% in the RCP average. She ended up winning the popular vote but by 2.2 points rather than the 3.9 points shown here. That was enough to give Trump a narrow victory via the electoral college. In 2016, betting markets had Clinton as
New Delhi: Gold prices declined for the second consecutive day in the national capital on Wednesday, falling Rs 631 to Rs 51,367 per 10 gram amid rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 51,998 per 10 gram. Silver prices also tanked Rs 1,681 to Rs
Sterling had a roller coaster ride today, dropped notably on concerns over the deadlock in Brexit negotiations. Though, it then rebounded on talks that UK is still going to engage in talks after its self imposed mid-October deadline. Additional the country avoided a national coronavirus lockdown. The Pound is indeed the strongest one for today
A person wears a protective face mask next to Wells Fargo ATMs in Harlem as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 25, 2020 in New York City. Noam Galai | Getty Images Wells Fargo reported on Wednesday disappointing earnings for the third quarter
Economists at Rabobank expect to see a spike to the 0.93 region on the EUR/GBP pair on the event that no trade deal is signed by the EU and the UK. Key quotes “On the assumption that the UK and EU will find enough common ground to sign off on a trade deal this year
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