Dow up over 700 points at the session highs The major US indices close sharply higher on the first day of the new trading month/new trading quarter with the NASDAQ index snapping a five day losing streak. Shares of Merck surged 8.6% on the back of a Covid drug that cuts hospitalizations by 50%. Transportation stocks
admin
Forex news for North American trading on October 1, 2021 The US core PCE data for the month of August remain steady at 3.6%. That was the expected rate as well. Although inflation remains well above the 2% level, the expectations are that some of the gains are transitory and will come down over time.
New Delhi: Gold in the national capital on Friday rallied Rs 555 to Rs 45,472 per 10 gram amid rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 44,917 per 10 grams. Silver also jumped Rs 975 to Rs 58,400 per kilogram from Rs 57,425 per kilogram
Dollar continues to pare gains in early US session as the week is coming to a close. PCE inflation data is largely ignored by the markets, while Euro also shrugs CPI. Canadian Dollar also ignores smaller than expected GDP contraction. Sterling is leading the way in the rebound, followed by Aussie. As for the week,
Here is what you need to know on Friday, October 1: Equity markets remain cautious despite another slew of losses for the main indices on Thursday to close out September and the quarter. Normally a dead cat bounce would be in evidence at this stage, but even that seems a tough act now as European
A start of a new month but it is a Friday The GBP is the strongest and the USD is the weakest as the NA session begins. It is a new month – good riddance September/hello October – but it is a Friday which can have some volatility. US stock futures are pointing marginally higher
Canada July 2021 GDP US Canada GDP for July came in at -0.1 versus -0.2 estimate. That is at down from 0.6% in June (revised from +0.7%). The July level was approximately 2% below the pre-pandemic level of the February 2020. Below is a look at the main industry sectors contributions to the percentage change in gross domestic product for the
NEW DELHI: Gold prices were trading with a marginal decline on Friday after a decent rebound in the previous session. Firm US dollar made the yellow metal expensive for holders of other currencies. The dollar recouped most of those losses on Friday and began the final quarter of 2021 at close to its highest level
Buy Sell Magic Update Trading System | Buy Sell Forex Ultimate Trading Strategy Thanks for watching our video about Buy Sell Magic In this video, we’ll walk you through Buy Sell Ultimate Trading Strategy FIND US AT Visit Web- https://fxaccurate.com/ Awesome Forex Broker, check here: Our Best Forex Broker – https://bit.ly/38F6rSA Best Forex Broker For
Get a walkthrough of the FOREX.com web trading platform powered by TradingView
This Pivot Point Trading Strategy can win you more trades! Want free trade signals from me? Go here: https://bit.ly/FRNfreesignals The Pivot Point Trading strategy in conjunction with the Relative Strength Index and Stochastic indicators provides accurate entries. The strategy is built to work on the M30 timeframe on any asset, Forex, crypto, indices and stocks.
The RBNZ is almost certain to raise the OCR by +25 bps to 0.5% next week. The Funding-For-Lending program (FLP) will stay unchanged at NZ$28B. This should not be affected by the slowdown in economic activities in the third quarter. While cautioning about the uncertainty of the pandemic and economic damage brought about by the
Dogecoin (DOGE) co-founder Billy Markus has set his sights on nonfungible tokens (NFTs) and an Ethereum-to-Dogecoin bridge to help bring about for mass adoption of the meme coin. In a Sept. 30 tweet, Markus emphasized the importance of completing the Ethereum-Dogecoin bridge so that the asset could be integrated with top Ethereum-based NFT platforms such
Price settles at $75.03 after trading as high as $76.07 The price of WTI crude oil futures are settling at $75.03. That is up $0.20 or 0.27%. The high price reached $76.07 but came off after report from OPEC+ that they may look to increase production at their upcoming meeting. That sent the price back down
Remarks from Rabo on the Australian dollar and Reserve Bank of Australia: The RBA retains a dovish tone is pushing ahead with its previous decision to taper its QE programme from September mostly on the expectation that the economy will bounce sharply once restrictions are lifted RBA has become surprisingly prescriptive in its view that
NEW DELHI: Gold prices were trading little higher on Thursday in the domestic market, following global cues. However, the yellow metal hovered near a seven-week low as a stronger dollar and taper expectations weighed on sentiments. Gold futures on MCX were trading higher 0.34 per cent or Rs 156 at Rs 45,925 per 10 gram.
The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren Keith Bedford | Reuters Boston Federal Reserve President Eric Rosengren announced Monday he is stepping down from his position on Thursday retiring nine months earlier than he had planned, citing health concerns. In his announcement, which came weeks after an uproar over his
WTI is heading towards the weekly gains with monthly 9% gains in September. Bulls face resistance near the daily swing area $76.50 and $76.80. Momentum oscillator holds onto overbought zone with underlying bullish sentiment. WTI prices are in no mood to slow down its previous momentum on the last trading day of the week in the