Wheat sowing commenced before last year and fared well in the initial days. However, by the end sowing remained marginally higher by 0.41% from the previous year, wheat sowing was done on 34.32 Mn Ha as compared to 34.18 Mn Ha a year ago. Farmers preferred to increase wheat acreages as the wheat prices remained
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Forex Trading Strategies for the USD/ILS Pair: Tips and Analysis If you trade foreign exchange, you’re probably constantly on the lookout for possibilities to make a profit from your trades. In this post, we will walk you through the process of doing a technical analysis of the currency pair USD/ILS, as well as provide some
The calendar turns to March on Wednesday and the rule of thumb is that non-farm payrolls comes on the first Friday of the month. So why is the jobs report scheduled for March 10 instead of March 3? The short answer is that the rule of thumb is wrong. The slightly-longer answer is that it’s
In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid on Wednesday reported fourth-quarter revenue that fell short of expectations after building just 7,000
While FTX customers across the world patiently await Sam Bankman-Fried’s (SBF) legal conclusion in hopes of getting back their investments, users of FTX Japan have started withdrawing all of their funds. On Nov. 7, 2022, crypto exchange FTX and its subsidiaries halted all funds withdrawal after SBF was accused of misappropriating users’ funds. The domino
The year 2022 was a tough period for silver. Uncertainty surrounding China’s industrial demand, a firmer US dollar, and rising global interest rates made it the worst-performing asset in the precious metal complex last year. In the benchmark London spot market, silver started trading at $23.29 an ounce but plunged to a two-year low of
EURUSD moves toward lower channel trend line The EURUSD moved above a channel trend line in the Asian session – helped by sideways and modest corrective price action. However, the break was short-lived, and the topside trendline started to see sellers leaning against it as the price wandered lower. That wander, transitioned to a run
WTI crude oil weekly When you zoom out and look at the weekly oil chart, all the volatility seems to spill away. There have been plenty of whippy moves in the past few months but it’s all taken place in a range of $70-85. This week, oil bounced around again but closed almost perfectly flat
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said its own product is currently undergoing internal testing. Kuang Da | Visual China Group | Getty Images Alibaba reported earnings for its
Gold has continuously been under downside pressure for the last few weeks as the financial markets have started repricing US interest rate risk amid rising inflationary pressure and some key economic indicators turning out to be much better than expected. The US personal consumption expenditures gauge rose more than forecast amid robust personal spending, which
Dollar rose broadly last week and ended as the strongest one, as markets added bets on a higher Fed terminal rate after re-acceleration in inflation data. Sterling ended as second after strong services data, which also supported Euro, while Canadian was the third after higher than expected inflation reading. Aussie was the worst performer on
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S&P index hold support against its 200 day moving average The major US stock indices are seeing a bounce higher. The comments from that Bullard were less hawkish. As Adam points out if there’s a Fed official who would push towards 6%, it would be Bullard. However, he is not. Also helping is that the