National CPI 3.8% y/y, National CPI excluding Fresh Food 3.7% y/y, expected 3.7%, prior was 3.6% highest in 40 years for core inflation , since December of 1981 National CPI excluding Food, Energy 2.8% y/y, (AKA core-core inflation and the closest measure to the US core CPI) — USD/JPY has popped a little on the
Oil prices rose on Friday on expectations of lower Russian crude exports from the Baltic region in December, offsetting worries that a looming Arctic storm across the United States could snuff out transport fuel demand growth this holiday season. Brent crude rose 88 cents, or 1.1%, to $81.86 a barrel by 0148 GMT, while U.S.
Australian Dollar rebounds broadly today, as risk-on sentiment continues in Asian session. For now, Yen is still supported solidly by BoJ’s action earlier in the week, even though 10-year JGB yield dips back towards 0.4% level. However, Dollar and Swiss Franc are turning softer together with Loonie. Meanwhile, Euro and Sterling are mixed, awaiting the
USD/CHF grinds higher after rising the most in a week, lacks upside momentum of late. US Dollar cheers firmer data, hawkish Fed bets and US President Biden’s comments. Headlines surrounding China, Russia flash mixed clues amid sluggish session. US Core PCE Price Index, Durable Goods Orders will be crucial for the bulls to keep reins.
Jair Bolsonaro, the President of Brazil set to leave office on Dec. 31, has signed off on a bill aimed at legalizing the use of crypto as a payment method within the country. In a Dec. 22 publication of the official journal of the federal government of Brazil, Bolsonaro’s office said the president had signed
Cathie Wood or Elon Musk? ARK Innnovation or Tesla? At the start of 2022, the Elon Musk and Cathie Wood the mastermind of the ARK Funds were heroes in the minds of many – especially the Reddit crowd. However, their stars were tarnished with each losing loads and loads of value in their respective stocks
Yesterday the US stocks moved higher for the second consecutive day which came after four straight days of declines. The final numbers showed: S&P closed up 56.84 points or 1.49% at 3878.45 Nasdaq closed up 162.27 or 1.54% at 10709.38 Dow closes up 526.74 points or 1.60% at 33376.49 Today those gains are being retraced.
Gold price rose Rs 59 to Rs 55,241 per 10 grams in the national capital on Thursday amid gains in precious metal in overseas markets, according to Securities. In the previous trade, the yellow metal had touched Rs 55,182 per 10 grams. Silver, however, slipped Rs 194 to Rs 69,413 per kilogram. “Spot gold prices
Dollar is trying to strike back as traders are likely starting to light up their positions ahead of holidays. But for now, Yen and Euro are so far the more resilient ones. Sterling is sold off broadly earlier today but it’s not worse the Kiwi. Aussie is also quickly paring back earlier gains. Technically, GBP/CHF
In this article MU Follow your favorite stocksCREATE FREE ACCOUNT Semiconductor maker Micron announced Wednesday that it would reduce its headcount by about 10% in 2023, in the latest example of a technology industry slowdown affecting employment. Shares of Micron fell more than 1% in extended trading. related investing news Here are Wednesday’s biggest analyst
Gold is under pressure as US yields jump after US data. US Q3 GDP was revised from 2.9% to 3.2%. Wall Street extends losses, US Dollar soars. Gold prices dropped sharply from nearly $1,820, reaching levels under $1,800 following the release of US economic reports. Looking for Santa’s rally Economic data released in the US
Mark Minervini won the US Investing Championship for a second time. He used the same trading strategy as he used when he won in 1997. The trading concept has been widely used by many of the best traders in the world, its foundation is based on consolidation followed by a breakout. In this video we
Forex leverage is a great tool for beginners in forex trading to understand. In this video I will explain everything you need to know about forex leverage, pip, and lot sizes. Leverage involves borrowing a certain amount of the money needed to invest in something. In the case of forex, money is usually borrowed from
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The EURUSD held above the 200 hour MA during 2 tests yesterday and again today. Then the level was broken and failed in each of the prior two hourly bars. Now on yet another attempt, the MA is being broken with the pair moving to a new day low. Can the sellers now keep the
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Oil prices rose for a fourth straight day on Thursday with U.S. crude, heating oil and jet fuel stocks seen tight just as a chilly blast hits the United States and travel is set to soar for the holiday season. U.S. West Texas Intermediate (WTI) crude futures climbed 35 cents, or 0.5%, to $78.64 a
The markets become rather directionless again in Asian session. Yen is paring some gains as the boost from BoJ faded. Swiss Franc, Aussie and Kiwi are on the weaker side too. On the other hand, Canadian and US Dollar are the stronger ones for the day. Both are awaiting economic data release, including Canadian CPI