In this article ABNB Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France. Richard Bord | Getty Images Airbnb’s stock on Thursday fell more than 4% after the company reported its second-quarter earnings. The company beat Wall Street’s expectations for revenue and bookings but warned about expected volatility from
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EUR/USD extends daily rebound into the American session. US Dollar Index edges lower ahead of consumer confidence data. Falling US Treasury bond yields seem to be weighing on USD. After spending the first half of the day fluctuating in a narrow band below 1.1750, the EUR/USD pair gained traction in the early American session and
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Takes out the low from yesterday’s trading The GBPUSD has been steadily moving lower over the the course of the NY session and has just moved below the low target from yesterday’s trading below 1.38022 and also below the natural support at 1.38000. The low 1.37935 so far. Looking at the hourly chart, the pair is testing/dipping
All inbound and outbound container services at the Meishan terminal in the Ningbo-Zhousan port, third busiest in the world, were halted yesterday until further notice The port is the second-busiest in China and, as already said, 3rd in the world. A few folks might be incredulous that one case can shut down a section of
Mumbai: The National Commodity and Derivatives Exchange on Thursday said its average daily turnover value (ADTV) surged by more than two-folds to Rs 2,151 crore in July compared to the same month of the previous year. The agri-commodity exchange’s ADTV stood at Rs 785 crore during July 2020, NCDEX said in a statement. Similarly, NCDEX
Dollar is trying to regain some ground in early US session after stronger than expected PPI. Both initial and continuing jobless claims also continued to trend lower. The greenback is followed by Euro and Yen while Aussie and Kiwi are softest. Though, major pairs and crosses are staying inside yesterday’s range for now. As for
Initial jobless claims declined for the third consecutive week as the U.S. labor market continued its recovery from last year’s recession. New claims for jobless benefits totaled 375,000 last week, the Labor Department said Thursday, matching estimates from economists surveyed by Dow Jones. The reading for the previous week was revised upward by 2,000 to
In this article DIS The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), today, Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Disney is set to report fiscal third-quarter earnings after the bell on Thursday. Here are the key numbers analysts are expecting: Earnings per share: 55 cents
Silver edges lower around multi-day low despite defending $23.00 threshold of late. Failures to rebound past previous support line, MACD conditions favor sellers. Bulls need to cross 200-SMA to regain control. Silver (XAG/USD) remains mildly bid around $23.20, up 0.10% on a day, amid Friday’s Asian session. The bright metal bounced off $23.00 the previous
A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021. Dubbed as “Bitcoin: Short Term Holder NUPL,” the indicator takes into account the unspent transaction output, or UTXO, of BTC transactions not more than 155 days old. In doing so, it attempts to
It has been a snoozefest of a session so far Major currencies are keeping in narrow ranges and are still within 10 pips of one another on the day, as the mood couldn’t be more dull in European morning trade. To keep things flowing, let’s take a look at some dollar pairs right now and
10-year Treasury yields seen at 1.35% in European trading today Treasury yields dipped after the US CPI data yesterday, with 10-year yields falling to a low near 1.30% before bouncing back slightly and is recovering further to 1.35% today. Inflation fears cooled after the report yesterday as the details also reveal a lot of messy
NEW DELHI: After a steep fall, gold prices were little changed on Thursday. The yellow metal held steady, trading mildy lower after an overnight gain. Gold futures on MCX were down 0.14 per cent, or Rs 67, at Rs 46,321 per 10 gram. Silver futures shed 0.34 per cent, or Rs 216 lower, at Rs
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks slipped -0.14 mmb to 1267.52 mmb in the week ended August 6. Crude oil inventory resumed decline, falling-0.45 mmb (consensus: -1.27 mmb) to 438.78 mmb. Stockpile decreased in PADD 1, 2, and 3. Cushing stock
Prices that Americans pay for everyday goods and services rose in July as pent-up demand for travel and restaurants kept inflation hot, but jumped about as much as economists had expected. The Labor Department reported Wednesday that its consumer price index rose 5.4% in July from a year earlier, in line with June’s figure and