In this article F Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021. Michael Wayland | CNBC DETROIT – Ford Motor’s June and second quarter sales were below analyst expectations as a global shortage of semiconductor chips caused significant production cuts and inventory constraints. Ford sold 475,327 vehicles during the second quarter,
The US economy is expected to grow by 3.2% and 3.9% in the second and the third quarter of 2021, respectively, the Federal Reserve Bank of New York’s latest Nowcasting Report showed on Friday. “News from this week’s data releases decreased the nowcast for 2021:Q2 by 0.2 percentage point and decreased the nowcast for 2021:Q3
Bithumb, a major South Korean cryptocurrency exchange, is moving forward with trading restrictions for its employees by banning its staff from trading on its platform. According to an official Friday announcement, Bithumb will completely ban its employees from buying or selling crypto using a Bithumb account starting this month. The restriction intends to strengthen internal
Nasdaq lags and closes marginally higher The major US indices are closing the day higher with the S&P index leading the way. The S&P index is up for the six consecutive day and closes at a record level. New highs 214 versus new lows of 11 Dow closes near session highs Dow up for the third
Forex news for Asia trading on Friday 2 July 2021 USD/JPY popped to its highest, circa 111.65, since March of last year but overall maintianed a very tight range on the session. As I update USD/CHF is ticking a little higher also as ‘safe haven’ FX becomes less and less sought after. Elsewhere it was
NEW YORK: Oil companies are betting that if they sell land, buyers will come, as crude prices have soared more than 50% this year, fueling the most robust pipeline of deals in more than four years. Large oil companies are unloading properties from Texas to California, with some using the market rally as a chance
After delaying the meeting to discuss output quota for a day, the OPEC+ still fails to reach a deal regarding production increase for the coming months. News headlines suggest that the increase could eventually be below market expectations. Crude oil prices jumped with the front-month WTI contract rose to near 3-year high of US$76.22/ bbl
U.S. Treasury Secretary Janet Yellen speaks during a news conference, after attending the G7 finance ministers meeting, at Winfield House in London, Britain June 5, 2021. Justin Tallis | Reuters WASHINGTON – Treasury Secretary Janet Yellen announced Thursday that a group of 130 nations has agreed to a global minimum tax on corporations. If widely
In this article GM Brand new Chevrolet cars are displayed on the sales lot at Stewart Chevrolet on May 14, 2021 in Colma, California. Justin Sullivan | Getty Images DETROIT – General Motors’ U.S. vehicle sales during the second quarter were slightly lower than analyst expectations as an ongoing shortage of semiconductor chips impacted vehicle
NZD/USD remains under pressure in the Asian trading hours. More downside envisioned for pair if price decisively breaks 0.6960. Momentum oscillator holds onto the oversold zone with negative bias. NZD/USD extends the previous day’s losses on Friday. The pair started the fresh month of trading on a lower note. At the time of writing, NZD/USD is
Follow my IG: Instagram: https://instagram.com/setradingx?igshid=zvsd0j1rpr9c Join My Chatroom SE CHATROOM: https://t.me/SEChatroom For all purchases visit: www.setradingx.com DM ME on telegram @setradingx Let’s Eat With SE!
#forex #stocks #trading A1 Trading forex discord community – Trade alerts, webinars, chatrooms: Use code YTVIP for $5 off: https://a1trading.com/vip/ Like trading robots, scanners, and indicators? Get our gold membership package! (Includes VIP community) Use code YTVIP for a discount: https://a1trading.com/gold-membership/ Don’t have a trading plan? Click here to get our FREE trading plan template
https://www.mambafxtrading.com/2-day-webinar/p/mamba-one-day-all-inclusive-webinar-full-trading-strategy-super-scalper-strategy Keep grinding and work hard. I believe in all of you! Show some love ?? Get ready for all the future content coming! ? If you’re new here be sure to SUBSCRIBE so you don’t miss any future bangers ? there’s nothing in this world I love more than the snake gang, so make
The 100 hour moving average could not be broken on the move lower The USDCAD is lower on the day, and in the process broke back below its 100 day moving average of 1.23884. The price has been trading above and below that moving average over the last two trading days. The move lower extended toward its rising 100 hour
ISM manufacturing PMI for June 2021 Prior 61.2 Prices paid 92.1 versus 88.0 last month New orders 66.0 versus 67.0 last month Employment falls below the 50 level at 49.9. Last month the index came in at 50.9 Production 60.8 versus 58.8 last month. Supplier deliveries 75.1 versus 78.8 last month inventories 51.1 versus 50.8 last
NEW DELHI: Gold in the national capital on Thursday rallied Rs 526 to Rs 46,310 per 10 gram in line with a strong recovery in global precious metal prices and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 45,784 per 10 grams. Silver also gained Rs
Dollar surges sharply against Yen today and maintains gain after better than expected job data. Though, the greenback is retreating mildly against other major currencies, as traders are probably lightening up their positions first ahead of tomorrow’s non-farm payrolls. Comments from ECB and BoE officials gave Euro and Sterling some support. But they’re not enough
Initial filings for unemployment insurance fell sharply last week, indicating continued improvement in the U.S. jobs market, the Labor Department reported Thursday. First-time jobless claims totaled 364,000 for the week ended June 26, compared with the 390,000 Dow Jones estimate. That marked a new pandemic-era low and a decline of 51,000 from the previous week.