Says we are in a very serious situation now case numbers are rising exponentially thanks to the Britsih variant of the virus where cases are above 100/100K/week we must halt opening measures the fewer new infections now the faster vaccinations will have an impact April 1 – 5 will be a period of quiet days
MELBOURNE: Oil prices fell 1% on Tuesday on concerns that new pandemic curbs and slow vaccine rollouts in Europe will slow a recovery in fuel demand and as producers cut prices, indicating ample oil supply. U.S. West Texas Intermediate (WTI) crude futures for May delivery fell 62 cents, or 1%, to $60.94 a barrel at
In its minor tweak on the yield curve control operation, the BOJ has widened the trading band of 10-year JGB yield by +/- 25 bps (+/- 20 bps previously). The central bank introduced YCC in September 2016, in addition to keeping the policy rate at -0.1% and the QE program. By targeting the 10-year JGB
Silver takes offers around intraday low, drops for the second consecutive day. US dollar picks up bids as bond bears return, market turns cautious ahead of the key events. Silver stays depressed near the intraday low of $25.59, down 0.54% on a day, during early Tuesday. While Turkish action and strong equities weighed on the
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Members of the XRP Army — supporters of the XRP token — have started an online movement to pressure crypto exchanges to relist the digital asset amid Ripple facing a lawsuit from the U.S. Securities and Exchange Commission, or SEC. According to Twitter user MackAttackXRP, the hashtag “RelistXRP” was trending in The Netherlands earlier today,
Single-family homes are seen in this aerial photograph taken over a Lennar Corp. development in San Diego, California. Bing Guan | Bloomberg | Getty Images Closed sales of existing homes in February dropped a larger-than-expected 6.6% compared with January, according to the National Association of Realtors. That put them at a seasonally adjusted, annualized rate
The swing area at 1.3801 to 1.38083 The GBPUSD has spent most of the last 17 trading days below the 50% of the move down since the Feb 24 high and a topside swing area between 1.3998 and 1.4009. The high from last week stalled in that area and fell. The price on Friday, saw
Forex news from the European morning session – 22 March 2021 Headlines: Markets: CHF leads, GBP lags on the day European equities mixed; S&P 500 futures up 0.3% US 10-year yields down 4 bps to 1.68% Gold down 0.4% to $1,738.05 WTI up 0.1% to $61.50 Bitcoin flat at $57,853 The Turkish lira meltdown is
NEW DELHI: Gold in the national capital tumbled by Rs 302 to Rs 44,269 per 10 grams on Monday, reflecting overnight decline in global gold prices and rupee appreciation, according to HDFC Securities. In the previous trade, it had closed at Rs 44,571 per 10 grams. Silver also tanked Rs 1,533 to Rs 65,319 per
The financial markets are generally mixed with subdued trading today. Nikkei did had a bad day, but the selloff didn’t spread to other markets. European indices and US futures are mixed while Germany and US benchmark yields are mildly lower. As for currencies, Aussie and Sterling are currently the softer ones, followed by Dollar. Swiss
AMC shares are up over 500% in 2021. The cinema leader has been boosted by sentiment not reality. The meme stock is trading at a lofty multiple for such an enormous debt pile. AMC shares have been one of the major trends of the US stock market so far this year, after experiencing stratospheric appreciation. AMC
MoonCats, the long-dormant tokenized collectibles platform that was re-discovered earlier this month, now has a problem on its hands — trading bots. MoonCats collectibles depict 8-bit cats that live on the moon that can be traded or “adopted” by users. The project was launched on Aug. 9, 2017 by developer Ponderware, with a hard limit
Gas prices are displayed at a Speedway gas station on March 03, 2021 in Martinez, California. Justin Sullivan | Getty Images One of the main reasons Federal Reserve officials don’t fear inflation these days is the belief that they have tools to deploy should it become a problem. Those tools, however, come with a cost,
Trades around 200 hour MA again The USDCAD peaked at 1.25474 recently and backed off. That hi was just short of the 50% midpoint of the move down from the March high the March low at the 1.25503 level. Patient risk focused traders leaned against the level (risk could be defined and limited). The price has moved back down toward
Goldman Sachs say that ina addition to the $1.9tln approved last week the next round of fiscal legislation … our economists (expect) a package that will include at least $2 trillion in infrastructure spending and could reach $4 trillion if it also funds health care, education, and child care initiatives. I do not know how