A National Park Service worker replaces a flag at the Washington Monument which reopened today following a six month closure due to COVID-19 safety measures, in Washington U.S., July 14, 2021. Kevin Lemarque | Reuter The U.S. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady
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In this article AAL LUV An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines on Thursday posted a profit for the second quarter, getting a lift from federal aid and a surge in travel demand. The Fort Worth-based carrier reported net
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Every day, over 5 trillion dollars is traded on the Forex Market, making it one of the most exciting, fast-paced markets to trade. Whether you are completely new to Forex or you have recently started trading Forex, it’s important you truly understand the basics. Andrew Lockwood has been trading for over 30 years. He started out
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Dow is above its all-time high close but below its all time intraday high The NASDAQ and S&P are on track for record closes today. The Dow is also above its all time high close and also just above the 35000 level. The NASDAQ is currently up 156 points or 1.06% at 14884. The high price reached 14845.40. Its
Surprisingly quick turn in cases The UK reported another 36,389 covid cases today. That’s down from 39,315 yesterday and the 54,205 on July 17. The quick drop after the sharp run-up has puzzled scientists who are speculating about a lack of testing, reluctance to report covid due to unwillingness to self-isolate and good weather. Whatever
A blockchain phone is not something many would have thought of even a few years ago. Even around three years ago when the remarkable cryptocurrency bull run had just started off, it was still looked upon as a novelty, and not many had a lot of ideas about what it could eventually become. At the
NEW YORK: Oil prices edged higher on Friday and for the week after a strong recovery from Monday’s steep slide, underpinned by expectations that supply will remain tight through the year. The price of oil and other riskier assets tumbled at the start of the week on concern over the impact on the economy and
Yen drops broadly today as markets turn back into risk-on mode. It has indeed become the worst performing one for the week. Dollar is also staying to look a bit vulnerable against European majors and commodity currencies. Canadian Dollar is firm and shrug off retail sales data, which shows contraction. Question is now on whether
In this article Employees garnish pizza inside a Domino’s Pizza location. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported that its U.S. same-store sales climbed 3.5% in its latest quarter, despite tough comparisons to its skyrocketing sales during lockdowns last year. Shares of the company rose more than 1% in premarket
GBP/USD pares intraday losses, down little around mid-1.3700s GBP/USD attracted some dip-buying on Friday amid a subdued USD price action. The risk-on impulse in the markets acted as a headwind for the safe-haven USD. Rallying US bond yields underpinned the USD and capped the upside for the pair. The GBP/USD pair remained on the defensive
The Rangers Protocol has opened its testnet to users aiming to provide an Ethereum Virtual Machine-compatible solution that supports cross-chain contract interoperability. In a Friday announcement, the Rangers Protocol said it had successfully migrated its first Dapp to the testnet which went live on July 19. The project migrated an Ethereum-based lending protocol, BlueStone, to
Big earnings week next week The major indices are closing at record levels. Dow 238.34 points or 0.68% at 35,061.69. The previous record close was at 34987 S&P rose 44.33 points or 1.02% at 4411.81. The previous record close was at 4384.64 Nasdaq rose 152.39 points or 1.04% at 14,836.99. The previous record close was at 14733 Russell
Forex news for North American trade on July 23, 2021: Markets: Gold down $6 to $1800 WTI crude oil up 13-cents to $72.04 US 10-year yields up 1.6 bps to 1.2847% S&P 500 up 44 points to 4411 NZD leads, JPY lags The FX market looked like it might tilt towards risk aversion early in
New Delhi: Gold in the national capital on Friday rose Rs 256 to Rs 46,698 per 10 gram amid supportive global trends, according to HDFC Securities. The precious metal had in the previous trade closed at Rs 46,442 per 10 grams. Silver also jumped Rs 662 to Rs 66,111 per kg, from Rs 65,449 per
Renminbi has been range-bounded against the US dollar since June. Traders in the Chinese currency has turned cautious after People’s Bank of China (PBOC) surprisingly reduced the reserve requirement ratio earlier this month. The move was contrary to the broad theme of monetary policy normalization in major central banks (e.g. FOMC, BOE, BOC, etc). The
San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S., July 16, 2019. Ann Saphir | Reuters San Francisco Federal Reserve President Mary Daly told CNBC on Tuesday that a strong economic recovery will allow the central bank to slow its asset purchases, possibly near the end