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Month: September 2021
Modest gains/changes for most of the major indices The major European indices are closing moderately higher. Provisional closes are showing: German DAX, +0.1% France’s CAC, +0.1% UK’s FTSE 100, +0.2% Spain’s Ibex, unchanged Italy’s FTSE MIB, +0.2% In other markets as London/European traders look to exit: Spot gold is down $-2.40 or -0.13% at $1810.81.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
New Delhi: Gold prices in the national capital on Thursday slipped by Rs 28 to Rs 46,193 per 10 grams amid rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,221 per 10 grams. Silver gained Rs 279 to Rs 62,650 per kg, from Rs 62,371 per
The OPEC+ will continue to increase oil output by +0.4M bpd in October. The decisions was made swiftly and came in line with the alliance’s plan to gradually bring back the output reduced (9.7M bpd) amidst the outbreak of the pandemic last year. Although the alliance has projected that the oil market would be in
In this article AEO A shopper walks past an American Eagle store in the mall. Tim Boyle | Getty Images News | Getty Images American Eagle on Thursday posted mixed fiscal second-quarter results, as earnings topped analysts’ estimates but sales came up short as its e-commerce business decelerated compared with the prior year. The company,
Late Thursday, The Telegraph came out with the news suggesting that the UK PM is on the way to announce next week a tax hike to pay for an overhaul in social care. Johnson will reveal a rise in national insurance that will see around 25 million people pay extra tax, the report said. FX
NZD/USD is up 0.2% on the day, contesting its 100-day moving average Invest in yourself. See our forex education hub. From a technical perspective, the pair is running into a bit of a critical juncture at this stage as price tests the 100-day moving average (red line) @ 0.7081 and is closing in on the
Equities slightly higher on the day currently European indices are up around 0.2% to 0.3% across the board while US futures are also sitting higher by around 0.2% on the session now. That is seeing risk sentiment keep in a better spot as we navigate through the day, with mild gains observed in risk/commodity currencies
Bitcoin (BTC) swiftly reclaimed $50,000 on Sep. 2 as bears felt maximum pain and lost hundreds of millions of dollars. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sparks a fresh bear bloodbath Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly breaking through the $50,000 mark to hit its highest since Aug. 23.
NEW DELHI: Gold prices in India were almost flat on Thursday, following global trends. Investors were largely on the sidelines awaiting US non-farm payrolls print that is crucial for the Federal Reserve’s tapering timeline. Gold futures on MCX were marginally down 0.02 per cent, or Rs 10, at Rs 47,058 per 10 gram. Silver futures,
While NASDAQ surged to new record high overnight, overall closes were mixed with DOW slightly down. Asia markets also lack a clear direction. Investors appear to remain cautious ahead of US non-farm payroll report tomorrow. So far, New Zealand and Australian Dollars are the strongest ones for the week. Canadian Dollar is lagging far behind
Economist at UOB Group Lee Sue Ann comments on the latest GDP results in Australia. Key Takeaways “The Australia economy rose 0.7% q/q in the second quarter, higher than expectations for a 0.4% q/q reading, but a slower pace of growth than the previous quarter (when it rose a revised 1.9% q/q). From a year
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S&P fails on attempt to close at record Selling into the close today pushed the S&P index into the red after trading higher for most of the day. However it is still ending the day with a small gain. The NASDAQ index is also closing near it’s session lows but had a more solid gain
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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