Up $1.05 or 1.34% The price of WTI crude oil futures are settling the day at $79.35. That’s up $1.05 or 1.34%. The high for the day reached $80.11. The low for the day extended to $78.63. A week ago, the price settled at $75.88. With the price settling at $79.35 that’s a gain of 4.57% for
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It seems like only yesterday we had the last earnings cycle Can it be? Next week bank earnings will kickoff the quarterly earnings calendar. It seems like only yesterday that the last quarter was complete. The thanks/financials traditionally are the first to report, but other names are in the mixed. Some of the major releases include: Wednesday: J.P. Morgan BlackRock Delta
Mumbai: The Securities and Exchange Board of India(Sebi) on Friday barred the National Commodity & Derivatives Exchange Limited (NCDEX) from launching any new mustard seed contract till further orders. The regulator has asked the agricultural commodity exchange not to allow any new position in respect of the running contracts but only squaring up of position.
The U.S. economy created jobs at a much slower-than-expected pace in September, a pessimistic sign about the state of the economy though the total was held back substantially by a sharp drop in government employment. Nonfarm payrolls rose by just 194,000 in the month, compared with the Dow Jones estimate of 500,000, the Labor Department
GBP/USD closes the week above 1.3600 frem 1.3405 lows in late September. BoE tightening expectations have fuelled the pound’s recovery. GBP/USD seen at 1.41 in 2022 – Westpac. The British pound has found support at 1.3610 after having hit resistance at one-week highs of 1.3660 earlier today. The pair consolidates above 1.3600 after a significant recovery from year-to-date lows
What to know from a technical perspective. EURUSD: The EURUSD is looking to close the week right around the 200 week moving average at 1.1570 after trading above and below that MA, and the 100 week MA at 1.1603. The current price is at 1.1570. In the new week, those MAs will continue to be
AUD/CAD is trading at 0.9111 MUFG Reserach recommends selling AUD/CAD in its weekly FX pick. They sell from spot with a target at 0.8850 and a stop at 0.9350. “We are recommending a long CAD/AUD trade idea to reflect the widening divergence between the BOC and RBA monetary policies. We expect the BOC to announce
Petrol and diesel prices were hiked across the country for the fifth consecutive day on Saturday, ranging from 26 paise to 35 paise. In Delhi, the petrol price was hiked by 30 paise per litre, taking it to Rs 104.23. In Kolkata, the price of diesel as of Saturday is 95.58 per litre, up by
September’s wage gains provided more fuel to the argument that the current pace of inflation could run longer than many economists anticipate. Average hourly earnings rose 0.6% for the month, making the year-over-year increase 4.6%. Over the past six months, wages are running at an average 6% annual gain. Excluding a brief spike in 2020,
XAG/USD is steady as the US 10-year T-bond yield sits firmly around 1.61%. The US Dollar Index seems poised to close above 94.00 for the second consecutive week. Silver (XAG/USD) is advancing during the New York session, climbs 0.69%, trading at $22.76 at the time of writing. Price action throughout the American session has been
Daily Recap of the Cowabunga System for Tuesday, 10/26/2010 View the full post and add your comments here: https://www.babypips.com/blogs/pip-my-system/
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Is there a trading strategy that exists out there where you could possibly not lose any money on a trade in the markets? A strategy that if well executed and risk managed properly that will not result in any losses? Well there is and it’s referred to as the no loss forex trading strategy or
Overall markets continue to be rather mixed for now. Commodity currencies rally in Asian session, as led by Aussie, following rebound in the stock markets. On the other hand, Dollar is turning softer again, together with Yen. Euro’s weakness is the more persistent development this week, in particular against other European majors. Trading today might
As September ended, the cryptocurrency markets recovered from the so-called “September curse” handsomely to hit a market capitalization of $2.32 trillion. The decentralized finance (DeFi) market has been an integral part of this growth. The total value locked (TVL) in DeFi protocols grew more than 20%, from $113.5 billion on Sept. 28 to hit $137
NASDAQ index falls -0.5%. S&P and Dow marginally lower on the day The major US indices are closing the day lower. The declines snapped a three day win streak for the indices. Dow has best week since June Major indices all closed higher for the week S&P post the best week since August Energy and
Forex news for North American trade on Friday, October 8: Markets: Gold up $1 to $1756 US 10-year yields up 3.6 bps to 1.606% WTI crude oil up $1.19 to $79.49 S&P 500 down 8 points to 4391 CAD leads, JPY lags The jobs report put a focus on the US dollar and the initial