In this article BYND Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday reported a wider-than-expected loss for its first quarter as the launch of its new plant-based jerky weighed heavily
admin
The slide in CAD in recent weeks reflects a broadly stronger greenback. Economists at CIBC Capital Markets think the loonie will follow broad USD sentiment and is likely to depreciate a touch in the near-term before retracing that ground over the balance of the year. CAD a bit weaker again in 2023 “With inflation at
The crypto market experienced another day of pain on May 12 as the fallout from the Terra’s LUNA and UST failure continues to ripple across the ecosystem. While the coverage for UST and its impact on Bitcoin (BTC) have been extensively covered over the past few days, the pullback has also had a significant impact
The JPY is the runaway strongest of the major currencies. The EUR is the weakest. That makes the EURJPY the biggest currency pair mover. Currently the price is down -2.54% at 133.14 the low price reached 132.67. The high price was at 136.64. Looking at the daily chart above, the sharp move to the downside,
The year 2022 started out with a positive signal: on January 4, the S&P 500 hit an all-time high of 4818. A 20% decline would be 3855. But the inflationary winds had already started to blow and now global central banks have pivoted into an increasingly hawkish stance and hoped-for signs of an H2 fade
Oil prices eased in early Asian trade on Thursday, taking a pause after rising more than 5% in the previous session following new Russian sanctions on some European gas companies. On Wednesday Russia sanctioned 31 companies based in countries that imposed sanctions on Moscow after Russia invaded Ukraine in February. That created unease in the
Yen is the runaway winner today on massive safe-haven flows, which also pushed up treasury bonds. Meltdown in cryptocurrencies intensified further, as bitcoin barely holds on to 25k. Major European indexes are in deep red while US futures, in particular NASDAQ, are pointing to lower open. Benchmark treasury yields extend pull back, as US 10-year
Lumber at the site of a house under construction in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Bank regulators on Thursday proposed the first sweeping changes in more than 25 years to a controversial law
In this article RIVN Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it’s still on track to build 25,000 vehicles this year, as it reported a jump in
The deterioration in the growth outlook in the United Kingdom has been negative for the pound, explained analysts at CIBC. They forecast the GBP/USD pair will remain around 1.22 during the next months. Key Quotes: “The updated BoE macro outlook now reflects a negative GDP trajectory in 2023, the bank now assumes -0.25% rather than
Executing live trades without human control is gaining popularity in the Forex retail market. Learn how and why a many of these systems work.
? Important Risk Notice: https://transparentfxtrading.com/terms-conditions/#risk-disclaimer In this video, I will be sharing How To Trade Like Banks Using Accumulation & Distribution and give my forex tutorial so you can watch it to possibly improve your forex trading skillset. The concept of accumulation & distribution in forex trading is very important to understand the cycles that
In this video I explain and then test a profitable 5 minute timeframe trading strategy. The simple 2 indicator strategy has been said to have an 88% win rate which seems too good to be true unless the risk to reward ratio is quite poor. That is why I test it myself 100 times and
The USDCAD moved lower into the NY open, but the price rebounded higher after the higher CPI data. However, the high price of the USDCAD stalled near earlier swing highs from yesterday and a late day swing high as well near 1.3038. Of note is those highs bookended a move up to 1.30515. That break
That’s quite the drop in yields this week, with the peak in 10-year yields having hit 3.20% on Monday. We’re now 35 bps down from there to 2.85% as the bid in bonds continue to stay the course this week. There are plenty of moving parts when it comes to bond market flows at the
NEW DELHI: Gold prices gained mildly on Thursday as the yellow metal cheered the fall in US treasury yields after US consumer price data suggested inflation might have peaked in April. A weaker dollar makes gold attractive for overseas buyers, while lower Treasury yields reduce the opportunity cost of holding zero-yield bullion. Gold futures on
With the help from risk aversion and extended pull back in benchmark global treasury yields, Yen’s rebound is making some progress. US 10-year yield is back below 2.9% handle in Asian session while Germany 10-year bund yield also broke 1% yesterday. Euro and Dollar are still relatively firm on risk-off sentiment. On the other hand,
A worker grinds a weld on a safe that is being manufactured at Liberty Safe Company on March 22, 2022 in Payson, Utah. George Frey | Getty Images The Covid pandemic sent more than 8 million workers to the sidelines at one point, including many folks who decided it was the right time to retire