In this article ORCL Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19. Justin Sullivan | Getty Images Oracle
“Tropical storm Nicholas strengthened into a hurricane late on Monday and is set to batter the Gulf Coast of Texas and Louisiana with rising seawater and rains that could cause widespread and life-threatening flooding,” per the latest update from Reuters. “The hurricane, carrying winds of 75 mph (120 kph), was about 45 miles (75 kms)
Commodity currencies came back to live entering into US session, with help from broad based rally in European indexes and US futures. Canadian Dollar is also lifted as WTI oil price recaptures 70 handle. Dollar turned mixed for now as selling turns to Swiss Franc, Euro and Yen. With an empty economic calendar for the
Dow industrial average still higher The major stock indices are trading lower with the S&P index now and negative on the day. It is on track for its six straight day of declines. The index is down -11.1 points or -0.25% at 4447.46. Looking at the hourly chart, the S&P opened back above its 200
It’s not about the absolute level of inventories Henry Hub natural gas prices are up another 4.3% today to $5.15, which is a fresh 8-year high and a 14-year high for this time of year. The bears point to absolute inventory levels as a reason not to worry about a spike higher in prices. They’re
A recent price boom in the Tezos (XTZ) market risks exhaustion as it triggers a classic bearish pattern. Dubbed as Ascending Broadening Wedge, the pattern develops when the price oscillates between two upward but diverging trendlines. According to its creator Thomas Bulkowski, these Wedges tell less about buying exhaustion and more about sellers’ ambition to
New Delhi: Gold in the national capital on Monday rose by Rs 82 to Rs 45,952 per 10 gram in line with the firm global trends and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 45,870 per 10 gram. “Spot gold prices for 24 carat in
Analysts at Wells Fargo, point out that with many G10 central banks likely to begin tightening monetary policy ahead of the Federal Reserve, they remain of the view for a gradual softening in the US dollar over the medium term. Key Quotes: “Even if inflation does prove to be to some extent transitory, combined with
Dollar rebound continues in Asian session today and trades generally high. Weakness in more notable in Aussie and Euro, as both turn soft in crosses. Overall risk sentiment is slightly negative, with particular deep selloff in Hong Kong stocks, but Nikkei remains resilient. The economic calendar is very light today and movements in the currencies
EUR/USD eases to fresh two-week lows of 1.1790 Invest in yourself. See our forex education hub. The greenback is starting to flex its muscles a little on the new week, as it pushes slightly higher across the board now with light gains against the euro and pound. EUR/USD sees sellers keep near-term control as price
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Gold starts the fresh trading week on a lower note and remains under pressure. US Dollar Index bounces back above 92.50 following hawkish Fed’s members. Higher US Treasury yields underpin the demand for the US dollar. Update: Gold prices attempt to rebound from the daily lows and inches closer to $1,795 on Monday. The drop in
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Gold prices were subdued on Monday as the dollar held firm, while cautious investors awaited readings on US consumer prices due this week that could be crucial to Federal Reserve’s decision on when to exit its super-supportive policy. FUNDAMENTALSSpot gold was flat at $1,787.40 per ounce, as of 0114 GMT, after having recorded a weekly
Job openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies, the Labor Department reported Wednesday. The department’s Job Openings and Labor Turnover Survey, which the Federal Reserve watches closely for signs of slack in employment, showed 10.9 million positions open. That was much
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