Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020 CNBC Bank of America is scheduled to report second-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: 27 cents a share, a 64% drop from a year earlier, according to Refinitiv. Revenue: $22 billion, a 5.3%
Internet sleuths have converged on the website ‘CryptoForHealth.com’ which was associated with the widespread Twitter account hacks that began on July 15. The earliest incarnations of the scam saw the accounts of numerous crypto luminaries purport to partner with CryptoForHealth to give away 5,000 Bitcoins (BTC) to their followers. Identical tweets claiming a partnership with
Gold Price Analysis: XAU/USD bulls stay hopeful above $1,800 despite Wednesday’s spinning top Gold prices ease from one week high to $1,810 amid early Thursday morning in Asia. The bullion marked consecutive third positive daily closing the previous day. However, sluggish moves portray a “Spinning Top” candlestick formation suggesting traders’ indecision. The pattern joins the
S&P index closes just below breakeven level for 2020 The US stocks are ending the session with gains across the board. The gains are led by the S&P index which rose by 0.91%. The NASDAQ index lagged, but still gained 0.59%. For the S&P index, it toyed with closing above the breakeven level for the
This has been out for an hour or so, it got overtaken by the twitter hack Oxford scientists believe they have made a breakthrough in their quest for a Covid-19 vaccine discovering that the jab triggers a response that may offer a “double defence” against the virus The article is gated but, in brief, Phase
LONDON/DUBAI/MOSCOW: OPEC and allies such as Russia will ease record oil supply curbs from August as the global economy slowly recovers from the coronavirus pandemic, Saudi energy minister Prince Abdulaziz bin Salman said on Wednesday. The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, have been cutting output since May by
Markets are in strong risk-on mode again on coronavirus vaccine hopes. Moderna group said earlier that the vaccine candidate produced a robust immune system response in a large group of people. Next will be a decisive clinical trial in July. Major indices in Asia and Europe record strong gains, except China and Hong Kong. DOW
People with colorful dresses selling and buying goods in a street market in Osogbo, Nigeria at dusk. Jorge Fernández | LightRocket via Getty Images Declining fertility rates will likely mean almost every country has shrinking populations by the end of the century, according to a new study, triggering “major shifts” in global economic power. A
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $3.78 per share, a 35% decline from a year earlier, according to Refinitiv. Revenue: $9.75
Daily Recap of the Cowabunga System for Thursday, 11/13/08 View the full post and add your comments here: http://www.babypips.com/blogs/pip-my-system/
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Since early May, the price of Bitcoin has been at a standstill in a tight range between $8,500 and $10,000. For most of the past month, BTC has remained between $9,000 and $9,500 as realized volatility hit a three-year low. According to Skew, the volatility of Bitcoin has dropped to levels unseen since 2017. Researchers
NZD/USD pushes higher after testing 0.6500 on Tuesday. US Dollar Index drops below 96.00 amid positive market sentiment. Industrial Production data will be featured in the US economic docket. The NZD/USD pair dropped to 0.6500 on Tuesday but closed the day flat at 0.6540. With risk-on flows starting to dominate the financial markets on Wednesday,
GBP/USD looks to hold a break above its 100-hour moving average For bank trade ideas, check out eFX Plus The pair is getting a decent boost on the session, after having recovered from the low yesterday at 1.2480 with buyers holding a defense around 1.2500-10 for the most part if you go by the near-term
Comments by Swedish prime minister, Stefan Löfven He reaffirms that that is their view on the matter and that isn’t quite something reassuring following Dutch prime minister Rutte’s remarks yesterday that he was ‘pessimistic’ about a compromise being reached this weekend on the recovery fund. At this stage, Spain and Italy are seemingly on board with
LONDON/DUBAI: OPEC and allies such as Russia meet on Wednesday to decide oil output policy from August amid broad market expectations the group will ease supply curbs as the global economy slowly recovers from the coronavirus pandemic. The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, have been cutting output since May
Risk-on trades dominated the US markets overnight, as Fed officials indicated the willingness to keep accommodative measures in place. Yet, sentiments turned mixed in Asian markets. Hong Kong and Chinese stocks are weighed down by US President Donald Trump’s decision to end Hong Kong’s special status, after China imposed national security law by passing the