Month: October 2021

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The markets are trading in consolidative mode in Asia today. Dollar attempted to resume near term rally against Euro overnight, but quickly lost momentum. While Yen remains generally weak, selloff slowed, along with slight retreat in US 10-year yield, and retreat in stocks. Traders will turn their focuses firstly to UK GDP in European session,
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Swing area between 0.7072 and 0.7077 The NZDUSD has continued its run to the upside which started on Wednesday near the 0.6908 floor from October 7, October 8 and October 11. The low price on Wednesday reached 0.69106, and bounced higher. Yesterday’s trading action saw the pair move above its 100 day moving average (currently at 0.70199 – see
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Gold prices edged up on Monday, recouping some losses after a steep sell-off in the previous session as U.S. bond yields and the dollar softened, restoring some of the precious metal‘s appeal. FUNDAMENTALS * Spot gold rose 0.2% to $1,770.26 per ounce by 202 GMT, after slipping 1.6% on Friday. * U.S. gold futures were
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Earnings calendar for the week starting October 18 Some of the major financials kicked off the earnings calendar this week including J.P. Morgan, Bank of America and Citigroup.   Next week eases into other industries including some tech, airlines, consumer staples and industrials. Highlighted companies include Procter & Gamble, Netflix, Johnson & Johnson, IBM, Verizon, Tesla, Intel, American Express and
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In this article BAC Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Getty Images Bank of America is scheduled to report third-quarter earnings before the opening bell Thursday. Here’s what Wall Street expects:
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