People wearing masks walk past a large face mask sign in front of a Best Buy near Columbus Circle that as the city enters Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on July 22, 2020 in New York City. Alexi Rosenfeld | Getty Images Best Buy on Tuesday reported strong
Victory Square further expands its advisory team to increase growth and opportunities for shareholders Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed to fast-track growth. The result: rapid scale-up and monetization, with a solid track record of public and private exits. VST portfolio consists of
AUD/USD price action is focused around key near-term levels currently For bank trade ideas, check out eFX Plus The topside move yesterday was capped by the 100-hour MA (red line) once again and that saw sellers regain near-term control in a push back under the 200-hour MA (blue line) – where price action continues to
EUR/JPY gained 0.11% on Monday, ending a six-day losing streak, after nearing the uptrend at 124.34. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, recommends raising the stop to 124.30, partially cover 126.75 and exit the remainder 127.50. Key quotes “EUR/JPY has slipped back to and so far held over the four-month uptrend
The Apple vs Epic battle rages on An early judge ruling sees Apple spared from having to reinstate Epic Games’ Fortnite game on its App Store, but the overall ruling was a bit more mixed with a temporary order granted to block Apple from limiting the game developer’s ability to provide key graphics technology to
NEW DELHI: Gold and silver prices edged higher in early trade on Tuesday amid fast rising coronavirus cases but gains were capped on weak global cues and rising risk sentiments in the equity markets. Investors now await US Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole on Thursday for clarity on the direction of
Coronavirus vaccine optimism sent US stocks to record high overnight but the positive sentiments are not carried forward to Asia. The forex markets are also treading water, with major pairs and crosses stuck inside last week’s range. US and Canadian Dollars are the relatively weaker ones while European majors are firm. But there is not
Ether (ETH) options contracts open interest have grown five-fold in the past three months to currently sit at $452 million. The $112 million set to expire this Friday could have a considerable market impact, although that will depend on the balance between bullish and bearish strategies. Ether options total open interest. Source: Skew The above
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Of $0.28 or 0.66% The price of the October crude oil contract is settling at $42.62. That is up $0.28 or 0.66%. The high price today reached $42.89 while the low price extended to $42.23. The 50% retracement of the 2020 range for the October contract comes in at $42.00 day moving average currently comes
AUD/USD erases major portion of daily gains during American session. US Dollar Index remains on track to close second straight day higher. Upbeat market mood helps AUD stay resilient against its rivals. The AUD/USD pair rose above 0.7200 earlier in the day but struggled to preserve its momentum as the USD started to gather strength
A look at EUR/GBP MUFG Research flags a scope for EUR/GBP correction to the downside over the coming weeks. “The pound is deriving support from improving cyclical UK momentum. The UK is still benefitting from the lagged re-opening of the economy which trailed other major European economies. While the euro-zone PMIs fell back sharply in August,
By Swansy AfonsoMulti Commodity Exchange of India Ltd. plans to launch a slew of index-based futures to widen its offerings to local investors, after starting a bullion index. The Kotak Mahindra Bank Ltd.-backed exchange, the nation’s biggest venue for commodities, began a cash-settled bullion index futures on Monday and plans to start a similar product
Global markets surge broadly today on more optimism on coronavirus treatment. S&P 500 and NASDAQ are both set to extend recent record runs. Yen and Dollar are back under some selling pressure, but New Zealand Dollar is not far away. On the other hand, Australian Dollar is currently the strongest, followed by Swiss Franc and
People line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, June 18, 2020. Bryan Woolston | Reuters There’s a one-in-four chance the economy could fall into a double-dip recession, according to a majority of economists surveyed by the National Association for Business Economics. Two-thirds of NABE
The crypto space has come a long way over the past few years, and so has the blockchain solution space. While it is true that for most people, crypto and blockchain are synonymous, it needs to be kept in mind that the latter is a form of technology that has a wide variety of uses.