GBPAUD Flirts With 1.9400 Number, Positive Prospects
GBPAUD has gained little this week but it managed to hold above the 20-day simple moving average (SMA) and re-enter the 1.9400 area, however, the technical indicators feed prospects for a possible improvement in the near term. The RSI indicator...
ECB: Helicopter money could lift the mood in Europe
Europe is stuck in a rut and it’s getting dangerous. Monetary policy is looser than it’s ever been and there’s little chance it will tighten any time soon. Is helicopter money the way out? If growth slows suddenly due to,...
Euro Selloff Deepens on Growth Concern, No Sign of Bottoming Yet
Euro remains the weakest one for the week as selloff deepens. It seems that markets believe the coronavirus outbreak in China would hurt Eurozone’s economy more, in particular the export led German economy. Optimism of recovery this year is dented....
Market Morning Briefing: Aussie Has Risen As Expected And Could Test 0.6775
STOCKS Equities seem to lack strength to move sharply higher. As mentioned yesterday the segment is not convincingly looking strong as the increasing reported number of corona virus cases weigh on the sentiment. Dow has room to rise in the...
Asia Open – Are Markets Are Falling Out Of Love With Stocks? Oil Softens, Gold Hovers
Wall Street’s wild ride saw stocks settle lower as uncertainty persists on the trajectory of the coronavirus and after the Fed signaled a bigger than expected withdrawal of liquidity with the repo operations. Asia is headed for a mixed open...
Stocks making the biggest moves after hours: Roku, Nvidia, Expedia and more
People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017. Brendan McDermid | Reuters Check out the companies making...
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...
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