What you need to know on Friday, October 10: Markets were in a better mood on Thursday, amid news that US Senate majority leader Chuck Schumer announced an agreement on extending the debt ceiling by $408 billion until early December. Also, gas prices declined in Europe, taking off some of the pressure seen these days.
Forex news for North American trade on October 7, 2021: Markets: Gold down $7 to $1755 US 10-year yields up 4.5 bps to 1.57% WTI crude up $1.40 to $78.83 S&P 500 up 36 points to 4399 AUD leads, JPY lags It was looking like a bit of a dud day ahead of non-farm payrolls
New Delhi: Gold in the national capital on Thursday rose by Rs 65 to Rs 46,012 per 10 gram in line with a jump in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 45,947 per 10 gram. Silver also gained Rs 490 to Rs
Treasury Secretary Janet Yellen on Tuesday said she believes the economy would fall into a recession if Congress fails to address the borrowing limit before an unprecedented default on the U.S. debt. “I do regard Oct. 18 as a deadline. It would be catastrophic to not pay the government’s bills, for us to be in
Selloff in Euro remains the main theme in slow markets today. Return of risk appetite is also weighing down Dollar and Yen. On the other hand, commodity currencies are generally strong, with Aussie having an upper hand over Kiwi and Loonie. Sterling is mixed for now, partly supported by buying against European majors. While stocks
A setback for oil at least in the short-term WTI crude is now down over 2% to $75.50 levels while Brent is also marked down to just below $80 on the day, as the retreat from yesterday continues. The retreat in energy prices is playing some part in all of this as the hype cools
AUD/USD pares gains as the King dollar looks to find its feet. Recent surge in natural gas prices underpins the aussie’s comeback. The aussie awaits acceptance above 50-DMA resistance at 0.7306. Having faced rejection once again above 0.7300, AUD/USD is paring gains in the European session, despite the risk-on market profile. The latest leg down
Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, argued that Russia needs to adopt new laws to protect retail investors from the potential losses of investing in crypto, local news agency Interfax reported Oct. 6. To this end, lawmakers in the country’s parliament are reportedly considering new legislation to limit cryptocurrency
It all comes down to a bet on the weather Russia came to the rescue yesterday as they quelled the surge in European energy prices, prompting speculative bets to cool off after the stratospheric rise in recent weeks. The surge higher has been an unsettling one and whether justified or not from a fundamental perspective,
NEW DELHI: Following global markets and a firm dollar, gold prices inched lower on Thursday in the domestic market. Investors moved to the sidelines ahead of a US payrolls report that is expected to provide clues on the Federal Reserve’s tapering timeline. Gold futures on MCX eased 0.11 per cent or Rs 53 at Rs
A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand. Total application volume fell nearly 7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250
Sasan FX1 Channel provides a longe rang of FOREX Trading systems and Strategies and Free FOREX Price Action Lessons. ? SUBSCRIBE TO SASANFX1 YOUTUBE CHANNEL NOW ? https://www.youtube.com/channel/UCey9uV2YJslTqRtyNY2Bz3g?sub_confirmation=1 ? Click On The Bell + Turn On Notifications :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ? ? Track Music Info: –––––––––––––––––––––––––––––– ? Contact to my official Email: sasanfx1@gmail.com –––––––––––––––––––––––––––––– Disclaimer: Trading foreign
Curso de Formação de Traders…. https://goo.gl/J8TRaZ Melhores Corretor de Forex: https://goo.gl/89EVpV Alternativa Corretora Forex Br: https://bit.ly/2YiokSp *AJUDE O CANAL A CRESCER: https://goo.gl/zjpjmB Dê Like ? | Inscreva-se ?? | Comente ? | Ative o sininho ? ? Curso Gratuito Forex Para Iniciantes: https://youtu.be/VVQhgPtDJ_Y Eu respondo pessoalmente todos os comentários, então se tiver qualquer dúvida, comentário
Join 2 days webinar pay only 499 – https://tradingcourse.live/ you can also join our telegram channel – https://t.me/investforwealthyoutubechannel Angel Broking Free Demat Account with Zero Brokerage – https://tinyurl.com/yxguv9zs Alice Blue account – https://alicebluepartner.com/open-myaccount/?M=WMUM72 Upstox Free Demat Account with Zero Brokerage – https://upstox.com/open-demat-account/?f=GE2546 Follow us on Instagram – https://www.instagram.com/investforwealthofficial Whatsapp – 7837289087 Option Selling Course –
For the first time in 7 years, the RBNZ increased the OCR by +25 bps to 0.5% in October. Policymakers pledged to tighten further in coming months as inflation pressure continues to exceed target. Policymakers remained hopeful about the economic outlook, suggesting that easing of pandemic-related restrictions could help return growth momentum. On economic developments,
Dow industrial average now up too The broader S&P and NASDAQ index have turned positive on the day. The Dow has just moved positive as well. In Republicans have offered the Democrats a path to pass a debt limit extension into December (and not filibuster). A snapshot of the markets currently shows The NASDAQ leads the way with a gain of 46 points
NASDAQ:LCID finally finds a bottom, ends Wednesday in the green. Lucid’s first reviews are strong and news of its upcoming Gravity SUV leaks. After reporting record deliveries, Tesla’s short interest is at an all-time low. Update October 6: Lucid Group Inc managed to post a modest intraday advance on Wednesday, ending the day at $24.29 per
Forex news for North American trading on October 6, 2021 Coming into the New York trading day, stocks were sharply lower erasing the gains from yesterday. Yields were higher, and energy prices had moved to a new cycle highs. There was a strong move into the relative safety of the US dollar, JPY and CHF, and a