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Month: October 2021
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Major pairs and crosses are stuck inside yesterday’s range so far, as consolidative trading continues. Euro appears to be lifted slightly by ECB’s press conference but there is no follow through buying. Dollar also looks just a touch weaker after worse than expected Q3 GDP data. Overall, commodity currencies are the softer ones, with eyes
Halloween is traditionally known for costumes, candy and trick or treating, but this year, the holiday is transitioning to the virtual world as the metaverse unfolds. As such, nonfungible tokens, or NFTs, are being created to showcase Halloween themes in hopes of attracting collectors looking for themed drops. Although Halloween-inspired NFTs appear to be a
Move higher today erases the decline after the BOC decision this week The USDCAD remains mired in the trading range that has the pair moving up and down since October 14. The high of the range over that time comes in at 1.24334. The low reached 1.2287. This week the high reached 1.24308 - just a few pips from the 1.24334 range high.
It is the first week of the new month which means purchasing managers data along with the US and Canada jobs report are on tap The month of October has come and gone, and with it the major economic releases for the new month restart their cycle. Traditionally, PMI data kicks off the key releases
Gold rate today: Yellow metal slips below Rs 48,000; silver too declines
NEW DELHI: Gold prices declined in the domestic markets, bucking the global trend. At the international level, the yellow metal was set to mark its straight third weekly gains. Ease in US bond yields and a tepid dollar aided bullion’s safe-haven appeal. A weaker greenback makes gold more attractive to buyers holding other currencies. Meanwhile,
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A cargo ship moves under the Bayonne Bridge as it heads into port on October 13, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images WASHINGTON – President Joe Biden is expected to spotlight disruptions in the global supply chain and surging energy prices when he meets this weekend with fellow leaders of the
In this article CMCSA Brian Roberts, Chairman and CEO of Comcast David A. Grogan | CNBC Comcast reported third-quarter earnings results before the bell that beat analyst expectations on the top and bottom line. The company saw slight growth in new broadband internet customers amid warnings from company executives. Shares are up about more than
Iraqi Minister Ihsan Abdul Jabbar said late Saturday, OPEC and its allies (OPEC+) will be able to meet the oil demand by its planned increase to the monthly oil output, per Bloomberg. Key quotes “Rising prices for natural gas and coal in Asia and Europe could lead to a rise in oil demand this winter.” “Monthly increases
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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.
First close below MA since July 2020. With the EURUSD trading at 1.1554, the pair is on track to close the week below the 200 week MA. That MA comes in at 1.16657. Three weeks ago, the pair closed just above the MA level. Since then, the closing price for the week has been comfortably
Reuters, citing a draft The global minimum tax has been in the works for awhile so it’s not a surprise. I could see it impacting capital flows over time but it’s tough to see it in any tradable way, especially with so much of the implementation (and loopholes) still unknown. Other headlines from the draft:
Mumbai: Finally, gold is set to regain its sparkle this Diwali as jewellers are expecting up to 30 per cent sales growth over the pre-Covid levels on the back of a faster-than-expected economic recovery along with lower prices and pent-up demand. The gems and jewellery industry witnessed a near washout during ‘Diwali’ and ‘Dhanteras’ 2020,
Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois. Inflation rose 5% in the 12-month period ending in May, the biggest jump since August 2008. Food prices rose 2.2 percent for the same period. Scott Olson | Getty Images Annual inflation rose at its fastest pace in more than 30
In this article SBUX Starbucks shift supervisor Adan Miranda wears a face mask as he serves a drink to a customer while standing behind a plexiglass shield in a booth outside the store in Sacramento, Calif., Thursday, May 21, 2020. Rich Pedroncelli | AP Starbucks is expected to report its fiscal fourth-quarter earnings after the
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