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Day: March 18, 2019

Goldman Sachs says half of all the junior bankers it hires must be women

Goldman Sachs expanded a year-old program to hire more workers from underrepresented groups, including goals for black and Latino hires for the first time. The firm has set “aspirational goals” of having half of all new analysts and entry-level associates hired in the U.S. be women, 11 percent black, and 14 percent Latino, according to …

Goldman Sachs says half of all the junior bankers it hires must be womenRead More

GBP/USD Outlook: Eases Further as Bets Against MV3 Approval Rise; Parliament’s Discussion about Brexit Delay

Cable holds slightly above daily low at 1.3220 in early American session trading on Monday, after the action was capped at 1.3300 in Asia and fresh acceleration lower commenced on comments about MV3, by Boris Johnson in early European session. Monday’s action is firmly in red, with risk of further easing on bearish technical studies. …

GBP/USD Outlook: Eases Further as Bets Against MV3 Approval Rise; Parliament’s Discussion about Brexit DelayRead More

WTI Oil Outlook: Fresh Acceleration Higher Eyes Targets at $59.62/$60.00

WTI oil accelerated above $59 barrier on Monday and posted new 2019 high at $59.14, maintaining strong bullish sentiment and signaling continuation of larger uptrend from $42.36 (24 Dec low) after two-day pause, marked by double-Doji on Thu/Fri. Fresh boost to oil prices came from promise of world top exporters, led by Saudi Arabi and …

WTI Oil Outlook: Fresh Acceleration Higher Eyes Targets at $59.62/$60.00Read More

Sterling Softens as Traders Await Brexit Clarity, Aussie Lost Momentum after Initial Rally

Sterling is trading as the weakest one for today so far after suffering some selling in European session. No support is seen for the Pound even though high profile Brexiteer Jacob Rees-Mogg indicated that he might support Prime Minister Theresa May’s Brexit deal. However, loss is limited in Sterling as the overall picture remains unclear. …

Sterling Softens as Traders Await Brexit Clarity, Aussie Lost Momentum after Initial RallyRead More

Trade wars, interest rates, stocks and politics top ADB menu

The Asian Development Bank’s annual meeting is fast approaching. Between May 1 and 5, central bank governors, finance ministers and policy wonks from across Asia will get together in Fiji – and a troupe of bankers will inevitably follow them. Between the conference panels and cocktail parties, there is plenty to talk about. The possibility …

Trade wars, interest rates, stocks and politics top ADB menuRead More

US 30 Index dtands Above ‘Golden cross’; Indicators Signal Weakness

The US 30 index recorded a bullish signal in the previous week, completing a golden cross within the 50- and the 200-simple moving averages (SMAs) in the daily timeframe. Today, though, the index is on the backfoot and the technical indicators suggest that the market could ease a little bit in the short-term. The stochastic …

US 30 Index dtands Above ‘Golden cross’; Indicators Signal WeaknessRead More

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