Costa Rica’s debt plans will illuminate LatAm risk appetite
Costa Rica’s public debt officials may soon find themselves looking fondly back to a golden age of access to the international debt capital markets. It was time when the country’s deals were met with huge international appetite, it could issue...
GBPCAD Holding Bullish Above the Ascending Trendline
GBPCAD’s positive momentum appears to be picking up ahead of the uptrend line drawn from the September 3 low. The move up seems to be assisted by the fresh bullish crossover of the 50-day simple moving average (SMA) by the...
Stock market live updates: Dow drops 200, all eyes on Tesla, coronavirus names fall
Elon Musk Mike Blake | Reuters This is a live blog. Check back for updates. 10:26 am: Senators grill Shelton on multiple fronts Shelton has been peppered with questions on both sides regarding her views on the gold standard, Fed...
32% of American workers have medical debt—and over half have defaulted on it
Almost a third of working Americans currently have some kind of medical debt and about 28% of those who have an outstanding balance owe $10,000 or more on their bills. When asked if they’ve ever defaulted on those bills, about...
GBP/USD in Rally Mode as BoJo Replaces His Finance Minister – 1.32 In Sight?
Risk assets are taking a hit this morning after China announced a 15k surge in COVID-19 (coronavirus) cases following a new diagnostic protocol, reviving fears that the outbreak may be less contained than previously assumed. That said, current data suggests...
Risk Off Again as China Reports Confusingly Large Wuhan Coronavirus Cases, Sterling Jumps on Cabinet Shuffle
Global stock markets tumble today after China reported a strong daily increase of 15152 Wuhan coronavirus cases on February 12. That was a huge difference from 2015 new cases reported for a day ago. However, the mass difference was due...
US underlying consumer prices rise in January
A woman shops at a Walmart Supercenter store in Rosemead, California. Frederic J. Brown | AFP | Getty Images U.S. underlying consumer prices picked up in January as households paid more for rents and clothing, supporting the Federal Reserve’s contention...
GBP/USD Outlook: Bulls Are Back To Play And Eye Key 1.30 Barrier
Cable regained traction and edged higher on Thursday, keeping near-term focus at the upside and averting risk of formation of shooting star reversal pattern on daily chart, after Wednesday’s action stalled on approach of key 1.30 barrier and left daily...
Asia Midday: Not So Quickly Everybody
The legions of Optimism-20 virologists and epidemiologists were out in force overnight on Wall Street. After much academic debate based on their years of experience in the field, they came to the scientific conclusion that Covid-19 infections were peaking and...
Euro Breaks Key Support Against Dollar, More Broad Based Weakness Likely
Dollar surges to highest level against Euro as helped by rebound in US treasury yields overnight, as well as extended record runs in stocks. Nevertheless, sentiments in Asian turn back into risk-off mode, Yen and Swiss Franc are outshining the...
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