Oil prices rose for a second day on Wednesday as reports of expanding manufacturing activity in China, the world’s biggest crude importer, boosted the outlook for global fuel demand. Brent crude oil for May was up 24 cents, 0.3%, to 83.69 a barrel at 0214 GMT. The April contract expired on Tuesday up $1.44, or
admin
Markets are generally quite in Asian session today, in consolidation mode. Australian and New Zealand Dollar remain the worst performed. While Dollar is recovering slightly, it’s trading below last week’s high, except versus Aussie and Kiwi. Sterling is supported by hope of a Northern Ireland deal with EU but lacks follow through buying. Yen is
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automotive reported mixed fourth-quarter earnings and a lackluster production outlook after the bell
Share: EUR/USD’s rally has been met with strong opposition from the bears. EUR/USD bulls have not thrown in the towel yet and eye 1.0700. As per the prior analysis, EUR/USD Price Analysis: Bulls on the sidelines in anticipation of a discount, the more composed bulls, tolerant of the initial runaway train who waited for a discount
The EURJPY has come tumbling down and erased all the gains – and then some – as London/European traders closed the books on the month of February. Looking at the hourly chart above the pair raced higher in the late Asian/ early European session helped initially by the USDJPY moving higher. Shortly thereafter, the EURUSD
> Dallas Fed service sector survey -9.3 vs -15.0 prior Service sector data from the Dallas Fed Adam Button Tuesday, 28/02/2023 | 15:32 GMT-0 28/02/2023 | 15:32 GMT-0 Prior was -15.0 Services revenue index +6.6 vs +4.9 prior Employment +8.8 vs +10.5 prior Input prices 38.8 vs 40.6 prior Retail outlook survey -19.9 vs -16.9
Gold price fell by Rs 110 to Rs 55,550 per 10 gram in the national capital on Tuesday amid a fall in global rates of the precious metal, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 55,660 per 10 gram. Silver also slumped by Rs 550 to Rs
Sterling’s broad-based rally continues today and shows sign of upside acceleration. The Pound is additionally added by selloff in Swiss Franc, which is also seen against Euro. Dollar is currently the third strongest for the day as supported by resilience in benchmark treasury yields. Meanwhile, Yen and Swiss Franc are the worst performers, while commodity
Maskot | Maskot | Getty Images The income and wealth gaps between people of color and white households are wide, but state-run retirement programs are attempting to help workers find parity. As many as 67% of private-industry workers had access to retirement plans in 2020, according to the U.S. Bureau of Labor Statistics. A significant
In this article ZM Follow your favorite stocksCREATE FREE ACCOUNT Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares climbed 8% in extended trading on Monday after the video chat company reported fiscal fourth-quarter results that exceeded analysts’ estimates
This day trading strategy has worked wonders for me. I’d recommend studying this pattern in the market and perfecting it. Let me know how it works for you! If you learned something new, leave a like! Lightspeed (Promo code: TradingLab): https://lightspeed.com/lp/trading-lab ? My private Indicator: https://tradinglab.ai/ ? My Trading Discord: https://discord.gg/3hvhGtt2Rg ? HankoTrade (Where I
Get instant access: https://luxalgo.com Join our 100k+community: https://discord.gg/lux 50+ free indicators coded by Lux Algo: https://www.tradingview.com/u/LuxAlgo/#published-scripts All of the content on our channel is for educational purposes only. No data, content, or information provided by Lux Algo, the Site, or the other products and services of Lux Algo, is intended, and shall not constitute or
I’m glad you found our channel. We share market updates, analysis, forecasts, and trading ideas on our channel. So, click the “Subscribe” button AND turn on the “Notification” switch. As a result, you’ll never miss a message from us. Free GOLD Signals App https://play.google.com/store/apps/details?id=com.gold.signal FREE FX SIGNAL App https://play.google.com/store/apps/details?id=com.fx.signal join me Telegram Link: https://t.me/freefxvipsignals Hi friends..
Share: NZD/USD is exposed to 0.6130 after retreating from 0.6180 as the risk-on mood has faded. The 10-year US Treasury yields have jumped above 3.93% amid rising fears of more rates by the Fed. Investors are expecting an increase in the Caixin Manufacturing PMI to 50.2. The NZD/USD pair delivered a downside break of the
On the daily chart below, we can see that the resistance at the 12274 level held as the strong NFP report sent the market lower. Buyers had a hard time in February as pretty much all economic data beat expectations and made the market to revise higher future interest rates expectations and price out interest
It feels like a “let’s get this out of the way” kind of situation now as there wasn’t any key drivers for the market moves yesterday. Equities saw a modest bounce but the gains fizzled towards the end, with the S&P 500 still keeping below the 4,000 mark. In FX, the dollar was softer with
Gold prices eased on Tuesday and were headed for their biggest monthly loss since June 2021 as impending interest rate hikes by the U.S. Federal Reserve sapped the non-yielding asset’s appeal. Spot gold was down 0.1% at $1,816.19 per ounce as of 0317 GMT, after hitting a two-month low on Monday. U.S. gold futures fell
Commodity currencies are experiencing selling pressure in Asian trading due to mild risk off sentiment. New Zealand Dollar is under added pressure following poor retail sales data. US Dollar and Japanese Yen are currently among the stronger currencies, with the latter showing little reaction to the dovish remarks made by the incoming BoJ Governor. Meanwhile,