At least one of them has a fever Three US Senators revealed positive covid-19 diagnoses today. What’s worrisome is that all three were fully vaccinated. Sens. Angus King (pictured above), I-Maine, Roger Wicker, R-Miss. and John Hickenlooper, D-Colo all reported positive tests today. The 77-year-old King said he took a covid test after coming down
Iron ore plunged and copper sank to a four-month low as worries over Chinese steel production, global growth risks and the prospect of reduced U.S. stimulus roiled metals markets. This week’s drop for iron ore accelerated, with futures sliding as much as 12% to the lowest since December in Singapore on expectations that Chinese steel
Selloff in commodity currencies intensifies today as risk sentiment turn sour again. Major European indexes are all in deep red while US futures point to lower open. Yen, Swiss Franc and Dollar are taking turns to be the strongest one in a three-horse race. Aussie is so far the worst performing, followed by Loonie and
First-time filings for unemployment insurance hit a pandemic-era low last week, a sign that the jobs market is improving heading into the fall despite worries over the delta Covid variant. Jobless claims for the week ended Aug. 14 totaled 348,000, the Labor Department reported Thursday. That was below the Dow Jones estimate for 365,000 and
In this article M Shoppers visit Macy’s flagship store in New York, May 20, 2021. Eduardo Munoz | Reuters Macy’s on Thursday reported fiscal second-quarter profit and revenue that topped analyst estimates, as customers returned to its stores to buy denim, luggage and new dresses. The department store chain also hiked its outlook for 2021,
Sellers lean on first test The USDCHF as seen and up, down and back up day today as the market reacts to the swings and stocks and risk sentiment. The three major indices are now trading in positive territory after opening lower. That has helped to push the USDCHF back higher (less flight to safety flows into the CHF).
Robinhood falls sharply after results disappoint investors. HOOD falls over 11% as the company warns about Q3 numbers. Robinhood is closely watched as a barometer of the retail volume in the market. Robinhood (HOOD) released earnings after the market closed on Wednesday and investors did not like what they heard. Earnings Per Share (EPS) came
Forex news from the European trading session – 19 August 2021 Headlines: Markets: JPY leads, AUD lags on the day European equities lower; S&P 500 futures down 0.8% US 10-year yields down 4.3 bps to 1.23% Gold flat at $1,788.51 WTI down 3.8% to $62.98 Bitcoin down 0.2% to $44,433 The dollar started the session
Digital asset exchange platform Crypto.com will be prominently featured in football matches during Italy’s Lega Serie A competition as part of a partnership with the league. In a Thursday announcement, Lega Serie A said Crypto.com would be presenting key broadcast moments for the Italian football competition “where technology enhances the match.” Specifically, the platform has
LONDON: Oil dropped to $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker demand as COVID-19 cases rise, a stronger U.S. dollar and a surprise increase in U.S. gasoline inventories. Circulation of the Delta variant in areas of low vaccination is driving transmission of COVID-19, the World Health Organization said.
Dollar rises broadly again risk sentiment turned sour again. While Yen and Swiss Franc are still firm elsewhere, the greenback has overtaken their top position for the week. Meanwhile, commodity currencies remain the worst performing ones, as led by New Zealand Dollar, closely followed by Australian Dollar. Euro and Sterling are mixed for the moment.
Shoppers carry bags of purchased merchandise at the King of Prussia Mall, in King of Prussia, Pennsylvania, December 8, 2018. Mark Makela | Reuters Retail sales were expected to have fallen off in July, as consumers reacted to the delta variant of Covid and held off on online and vehicle purchases. Economists expect retail sales
In this article KSS People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Shares of Kohl’s fell more than 3% in premarket trading Thursday despite reporting second-quarter earnings that beat analyst expectations and raising its forecast for
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A rundown of some of the sore spots The charts aren’t always right but they should never be ignored, especially when so many dominoes are falling together — and just six weeks after the bottom began falling out of Treasury yields. There are still many risk-positive charts out there and many more that are hanging
A break above 151.16, the double-top neckline could negate the chart pattern. If the pattern is confirmed, 149.00 is the target. GBP/JPY post modest gains 0.08%, eyes 151.16. The GBP/JPY trades modestly up in the session at 151.05 slightly up 0.05%. In the previous session, the pair closed at 150.82 a gain of 0.30%. GBP/JPY