A person walks outside Duane Reade by Walgreens in Hell’s Kitchen on May 26, 2021 in New York City. Noam Galai | Getty Images Walgreens Boots Alliance said on Thursday that sales rebounded at its stores in its fiscal third-quarter and got a lift from Covid-19 shots, prompting the company to raise its outlook for
Mexican peso falls for the second day in a row versus the US dollar. USD/MXN turns bullish in the short-term, next resistance at 20.25. The USD/MXN is rising again on Thursday, and it climbed to 20.07, the highest level in a week. It is hovering near the top with the bullish tone intact. More gains
Commercial banks in India are reportedly reluctant to do business with crypto exchanges in the country. According to Reuters on Thursday, crypto trading platforms in India are still finding it difficult to open accounts with financial institutions. While there is no crypto ban in India, banks are reportedly acting on the advice of the Reserve Bank
S&P closes at a record high The US stocks are ending the session mixed with the Nasdaq down, and the Dow and S&P higher. The S&P closed at a record high. Today is month end, quarter end and the end of the 1st half of the year. The numbers for each are showing: S&P is
Forex news for Asia trading on Thursday 1 July 2021 Data flow ramped up on the first day of the new month with: a round of PMIs across Asia with Australia, China, Japan, South Korea manufacturing PMIs all registering expansion, The Bank of Japan quarterly Tankan survey report showed much improved sentiment amongst Japanese business,
Gold prices edged lower on Thursday, as the dollar hovered near a three-month peak, with investors looking ahead to a key U.S. jobs report due later this week for clues on what it might mean for monetary policy. Spot gold eased 0.1% to $1,769.11 per ounce, as of 0117 GMT. U.S. gold futures fell 0.2%
Gold price got dumped, falling to the lowest level in over 2 months. Losing over -7% against USD in June, the selloff this time has been driven by strong US dollar, rather than higher yields. The greenback is darling of the market recently, thanks to strong economic data, a more hawkish Fed and diminished risk
A “For Sale” sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images Record high home price appreciation is sidelining ever more buyers and finally taking the bang out of the pandemic-induced housing boom. Weekly mortgage demand is falling along with it, down 6.9% for the week according to
YSE:CCIV adds 7% on Monday as merger date nears. CCIV and Lucid vote to be held on July 22. Merger should then go ahead on July 23 if the vote passes. Update June 29: Churchill Capital Corp IV snapped its two-day losing streak and rallied over 7% on Monday, kicking off the week on a positive
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Forex Trading for Beginners (The ULTIMATE Forex Trading Tutorial 2021) In this forex trading tutorial for 2021, we will be looking at some forex trading strategies for beginners. We will answer questions such as: What is forex trading? What are currency pairs? How to trade forex and more. Some people call it currency trading. This
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USD moves higher vs those pairs The USD has moved to new session highs vs the EUR, JPY and CHF. EURUSD: The EURUSD finally showed some additional downside momentum and has increased the day’s trading range in the process, the range is up to a more respectable 53 pips (was only 26 pips at the
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NEW DELHI: After revamping the margin structure in equities to eliminate unnecessary risks from the system, Sebi is making changes to the margin rules in the commodity segment aiming to increase liquidity. The markets regulator is making changes to the margin rules, which will benefit those who hedge their positions in individual commodity derivatives and
Dollar and Loonie rise in early US session after better than expected economic data. Sterling follows closely after hawkish comments from BoE chief economist. As for today, Swiss Franc is currently the worst performing, followed by New Zealand and than Australian Dollars. The greenback is surviving the first data test and focus will stay on
U.S. President Joe Biden delivers remarks highlighting the benefits of Bipartisan Infrastructure Framework, at La Crosse Municipal Transit Utility, in La Crosse, Wisconsin, U.S., June 29, 2021. Kevin Lemarque | Reuters A bipartisan infrastructure deal reached by President Joe Biden and a group of senators would not only add to economic growth, but also lower
In this article BBBY Source: Bed Bath & Beyond Bed Bath & Beyond fiscal first-quarter sales climbed nearly 50%, as the retailer’s turnaround initiatives including launching new brands and remodeling stores helped to draw in customers for everything from blenders to bath mats. The progress coming ahead of the key back-to-school shopping season was enough