Markets: Gold up $27 to record $2719 US 10-year yields down 2 bps to 4.07% WTI crude oil down $1.27 to $69.40 S&P 500 up 0.3% JPY leads, CAD lags Happy Friday and an especially happy on to the gold bugs, who are being richly rewarded with a 4-day rally and a fresh all-time high.
New York Stock Exchange, according to a regulatory filing. The Securities and Exchange Commission (SEC) had in January approved the bitcoin ETFs to track bitcoin, in what was a watershed for the world’s largest cryptocurrency and the broader crypto industry. Fidelity Wise Origin Bitcoin Fund, the ARK21Shares Bitcoin ETF, the Invesco Galaxy Bitcoin ETF, the
Sterling rises broadly today, driven by unexpectedly strong retail sales figures for September. This recovery suggests that the negative impact of weaker-than-expected CPI data earlier in the week has been fully absorbed by the market. While it now seems likely that BoE will proceed with interest rate cuts in November, the pace of monetary easing
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third highest on record, the Treasury Department said Friday. Even with a modest
Here’s a rapid-fire update on all the stocks in Jim Cramer’s Charitable Trust, the portfolio we use for the CNBC Investing Club. Jim broke down each holding on Wednesday during the October Monthly Meeting. 1. Apple: Don’t worry about Wall Street’s bearish commentary on this stock ahead of quarterly earnings. If the tech giant doesn’t
Silver surges past $32.00, driven by falling US Treasury yields, with prices up 2.26% during the North American session. The RSI indicates growing bullish momentum, with key resistance levels at $32.95 and $33.00 in sight. A pullback below $32.00 could see support at $31.32, with stronger backing around the 50-DMA at $30.13. Silver’s price skyrocketed
There are some small wins for seller in the USDJPY from a technical perspective: The price stalled ahead of a topside trend line yesterday on the hourly chart (see chart above) . The inability to get to the level is a small negative. The price fell below an upward-sloping trend line on the hourly chart
I just posted about the signs of euphoria that are building in markets. And why wouldn’t they be, the market has rallied six weeks in a row. Here is a reminder from two years ago what the other side of that trade looks like. In October 2022, the gilt market blew up and that led
Making new highs for 3 consecutive sessions now, Gold December futures contracts at MCX opened flat today at Rs 77,565 per 10 gram, which is up by 0.60% or Rs 458 while silver December futures contracts were trading at Rs 92,573/kg, up by 0.90% or Rs 829. On Thursday, gold and silver settled on a
Dollar remains the top performer for the week, despite a mild pullback today. Sterling jumped into second place, buoyed by stronger-than-expected UK retail sales data. Meanwhile, Canadian Dollar holds third position, although its momentum has waned, suggesting it could slip before the weekly close. On the weaker side, Swiss Franc continues to lag behind, marking
In this article PG Follow your favorite stocksCREATE FREE ACCOUNT Boxes of Bounce dryer sheets owned by the Procter & Gamble company are seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty Images Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed
Both OPEC and the IEA revised their oil demand forecasts downwards again this week, Commerzbank commodity analyst Carsten Fritsch notes. Oil market to face a significant oversupply next year “OPEC now expects an increase of 1.9 million barrels per day this year and 1.7 million barrels per day next year. That is 100,000 barrels per
The EURUSD has been trending to the downside recently, and in the process has extended toward August low levels. My most recent technical videos on the pair, have been focused on the 4-hour chart as the market trended lower. If you watch the kickstart video from earlier today I also spoke to the 200-day moving
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for their biggest weekly loss in more than a month on worries of lower demand. Brent crude futures rose 16 cents, or 0.2%, to $74.61 a barrel by 0025 GMT
Euro tumbled broadly after ECB’s decision to cut its deposit rate by 25bps, as widely expected. During the post-meeting press conference, President Christine Lagarde maintained a cautious tone, stressing that ECB is “not pre-committing to a particular rate path.” However, her overall stance leaned dovish, with a clear acknowledgment that “economic activity has been somewhat
Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve, the Commerce Department reported Thursday. Retail sales increased a seasonally adjusted 0.4% on the month, up from the unrevised 0.1% gain in August and better than the 0.3% Dow Jones forecast, according to the advance
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Nurphoto | Nurphoto | Getty Images LOS ANGELES — Netflix is due to report third-quarter earnings after the closing bell Thursday. Wall Street will be paying close attention to details surrounding the company’s advertising-supported business model, upcoming live sporting events and the continued effects of
- « Previous Page
- 1
- …
- 79
- 80
- 81
- 82
- 83
- …
- 1070
- Next Page »