A protester blocks the street leading to the Washington, D.C., home of U.S. Senate Majority Leader Mitch McConnell, R-Ky., demanding the extension of unemployment aid, on July 22, 2020. Jonathan Ernst | Reuters Stimulus checks and enhanced unemployment benefits that helped the poorest Americans weather the coronavirus pandemic are in danger of ending, throwing the
GBP/USD trims early-day gains after touching Friday’s top of 1.2954. Fears of harsher lockdown in England, downbeat comments from UK Chancellor Sunak favor bears. Two more rounds of Brexit talks will be held as a final kick to avoid no-deal departure. US President Donald Trump sounds upbeat in the latest video, concerns over dexamethasone usage
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In this video, I show you exactly how I banked $504,554.40 on Gold last week. I go over a couple of trades that I took, and you can see on a live trading example what I did step by step. It is a simple concept that I use based on Candlesticks and Market structure. I
Swing area on daily between 1.1695 to 1.1710 The EURUSD is higher on the week and in the process is moving above a swing area defined by swing lows going back to the end of July in the 1.1695 to 1.1710 area. Last week, the price moved below that area but found support buyers near
White House doctor seems carefully upbeat, from his statement: Trump not yet out of the weeds but the team remains cautiously optimistic Trump continues to do well, “having made substantial progress since diagnosis” Trump remains fever free and off supplemental oxygen Sean Conley, the White House physician, with the update. Let’s hope Trump stays on
New Delhi: Energy exchanges IEX and PXIL have expressed hope that renewable energy certificate (REC) trading will resume after three months on October 28 as electricity tribunal APTEL has concluded hearing on the REC pricing issue. Trading of RECs is done on the last Wednesday of every month on the Indian Energy Exchange (IEX) and
Net length in gold futures increased as a rise in speculative long positions was accompanied by a fall in speculative shorts. Traders also resumed accumulating gold on price correction. We expect net length in the yellow metal to rise further in the coming week as safe haven demand reemerged amidst the second wave of coronavirus
Nonfarm payrolls rose by a lower than expected 661,000 in September and the unemployment rate was 7.9%, the Labor Department said Friday in the final jobs report before the November election. Economists surveyed by Dow Jones had been expecting a payrolls gain of 800,000 and the unemployment rate to fall to 8.2% from 8.4% in
Putting rest to the conflicting messages about his health conditions, US President Donald Trump made an appearance himself on Twitter late Saturday, via a four-minute video, noting that he was feeling ‘much better’. In an online message from his hospital suite at Walter Reed National Military Medical Center, he expressed gratitude towards the people of
CFTC commitments of traders: Traders reverse speculative positions in GBP to a modest short. Coming Up! Title text for next article LON +1 SDNY+10 NY -4 TYO +9 GMT Technical Analysis CFTC commitments of traders data for the week ending September 29, 2020 EUR long 188K vs 191K long last week. Longs trimmed by 3K
The timeline is changed Earlier today Trump’s doctor indicated he had been diagnosed with COVID 72 hours earlier, a timeline that would have been the morning after the debate. Afterwards, he attended a rally in Minnesota and then a fundraiser the following day. Now the doctor is saying this is a timeline clarification: If Trump
This year has been a strong one for digital asset markets, highlighted by growing institutional inflows and a propitious shift in the regulatory environment. Witness the U.S. Securities Exchange Commission’s September letter that says crypto exchanges that comply with SEC Rule 15c3-3 (the Customer Protection Rule) are free to trade digital asset securities. With more
NEW YORK: Oil prices fell more than 4% on Friday, and posted a second weekly decline after U.S. President Donald Trump tested positive for COVID-19, roiling risky assets, and as rising global crude output threatened to overwhelm the market’s weak recovery. Benchmark Brent and U.S. crude each posted a second straight week of losses. The
Investors could have been anticipating an October surprise. But none could have expected it to come that early, with US President Donald Trump’s coronavirus infections. The world has been in historically high level of uncertainty ever since the virus outbreak in Wuhan of China half a year ago. And the virus is still not leaving
Flight attendants, airline pilots and other aviation workers hold a protest organized by the Association of Flight Attendants urging the US Congress to pass a Covid-19 relief package and extend the Paycheck Support Program to save aviation jobs during a rally outside the US Capitol in Washington, DC, on September 9, 2020. Saul Loeb |
Soon after Dr. Sean Conley, the White House (WH) physician, said that President Donald Trump is “doing very well,” a few of the WH reporters are contradicting Conley’s assessment. Trump is not yet on a clear path to recovery from COVID-19 and some of his vital signs over the last 24 hours were very concerning,