How are things shaping up ahead of the ECB later on Thursday? Expectations for a lively ECB meeting has died down quite a bit but tapering of PEPP purchases is still certainly on the table. I’ll try to make this as succinct as possible. There are only a few options that the ECB can work
NEW DELHI: Average spot power price has increased over 10 per cent in May to Rs 2.83 per unit compared to same month a year ago at (IEX) due to low base effect. The average market clearing price was Rs 2.57 per unit in day ahead market (DAM) in May 2020, as per the IEX
Markets are mixed in a quiet Asian session today, with little reaction to China’s trade data. Dollar is consolidating last week’s late lost but there is no apparent momentum for a rebound. On the other hand, Yen is mildly higher on sluggish stock markets in the region. Gold is struggling below 1900 handle as the
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 | Rueters U.S. Treasury Secretary Janet Yellen said that President Joe Biden‘s $4 trillion spending proposal would be positive for the country, even if it leads to
DXY failed to extend the recent bullish attempt beyond 90.60. The leg lower could re-test the May lows in the mid-89.00s. DXY navigates without a clear direction in the lower bound of the recent range and following Friday’s post-NFP sell-off. If the selling impulse picks up extra pace, then a re-test of the 90.00 mark
It’s the classic Anonymous modus operandi: a monologue worthy of a super villain, a perceived attack on an individual right or public good, some guy in a Guy Fawkes mask, and a whole lot of fizzbang-wowie video effects and voice distortion. But as the hacktivist collective takes aim at a new target in Elon Musk,
German DAX trade to a new all-time high today. France’s CAC traded to its highest level since 2000 this week the European shares are ending the day mostly higher. The exception is the Spain’s Ibex which is down around -0.5%. For the week, the major indices are mostly higher again with Spain’s Ibex trading in
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Oil is back on the boil after a small pause. In Mumbai, the price of petrol breached the Rs 101-a-litre mark at Rs 101.25 per litre. The fuel in the national capital crossed the Rs 95-per-litre mark. It is being sold for Rs 95.03 a litre, up from Rs 94.76 on Saturday. In Chennai and
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NZD/USD fades Friday’s recovery moves amid quiet session in Asia. US Treasury Secretary Yellen praised higher interest rate at G7. US jobs report roiled tapering speculations with downbeat NFP, Participation Rate. New Zealand markets are off due to Queen’s Birthday, focus China’s trade numbers for May for immediate direction. NZD/USD portrays a sluggish start to
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¡Hola! Ahora somos TradingFx. En el video de hoy, operamos con $250 en Forex, y obtuvimos $150 de ganancia, analizando con Fibonacci y un Soporte.¡ Esperamos que les sea de utilidad! Como parte de esta transformación, hemos desarrollado nuevos servicios y un nuevo sitio web. Aquí te compartimos links que pueden interesarte: ?Web: https://tradingfx.finance/ ?Instagram:
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While writing the world’s most famous white paper, Satoshi Nakamoto defined the Bitcoin (BTC) mining process. It was established that the minting of new coins would take place through proof-of-work. To carry out this verification and to be able to mine the cryptocurrency, computers would need to solve complex mathematical calculations. In the beginning, there
Swing area between 0.7207 and 0.72122 The NZDUSD followed the dollar lower trend and spiked to the upside. The move higher took the price back above its 100 day moving average at 0.71780. It also moved above the 38.2% retracement of the move down from last week’s high at 0.71977. The high price moved to 0.72087. That high stalled within
The rise since April is mostly wiped out There is an opportunity in Colombia as negotiations continue with protestors. The temperature in the situation looks to be falling as road blocks diminish. There was even a large counter protest in Bogota this week. USD/COP jumped at the outset of the unrest but it’s now threatening
MUMBAI: The National Commodity and Derivatives Exchange (NCDEX) on Saturday said it has posted an over three-fold jump in its Average Daily Turnover Value (ADTV) at Rs 2,139 crore in May, compared to the same month last year. In May 2020, NCDEX had posted an ADTV of Rs 588 crore after a complete pan-India lockdown