Raphael Bostic, the Fed’s first Black branch president, says racism has economic impacts
President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. Clodagh Kilcoyne | Reuters The Federal Reserve has a role to play...
JP 225 Index Maintains Horizontal Mode
JP 225 stock index (Cash) appears may prolong its sideways crawl as the price stalled underneath the 22,825 upper bound of the range. Although the price found some footing on the 200-period simple moving average (SMA), the Ichimoku lines, the...
Stocks making the biggest moves midday: Uber, Spotify, Tesla, Dominion Energy, Zoom Video & more
A pedestrian walks by a sign in front of the Uber headquarters on May 18, 2020 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines midday Monday: Dominion Energy, Berkshire Hathaway — Berkshire Hathaway...
US: The Non-Manufacturing Sector Expands Again in June
The information contained in this report has been prepared for the information of our customers by TD Bank Financial Group. The information has been drawn from sources believed to be reliable, but the accuracy or completeness of the information is...
Goldman lowers economic outlook as U.S. copes with rising coronavirus cases
Medical workers prepare to intubate a coronavirus disease (COVID-19) patient at the United Memorial Medical Center’s coronavirus disease (COVID-19) intensive care unit in Houston, Texas, U.S., June 29, 2020. Callaghan O’Hare | Reuters Rising coronavirus cases will limit growth in...
CADJPY Recovers Some Losses with Weak Momentum
CADJPY is in the process to recover some of its aggressive losses that posted at the beginning of the previous month. The 50-day simple moving average (SMA) acted as a crucial support level for the price, while the RSI and...
Markets in Full Risk On, Dollar Tumbles While Euro Surges
Powerful rally in Chinese stock markets push global equities sharply higher today. Europeans indices are all in black, DOW future is up nearly 400 pts while NASDAQ is set to extend record run. Yen and Dollar are both the worst...
US Dollar Eases In Asia
With a risk-on mood coursing through the veins in Asia, the US dollar has given ground against both major regional currencies this morning. Notable gainers are the euro and the trade-sensitive Australian and New Zealand dollars, all higher by 0.30%...
USD/CHF: The Downside Prevails
Pivot (invalidation): 0.9450 Our preference Short positions below 0.9450 with targets at 0.9420 & 0.9405 in extension. Alternative scenario Above 0.9450 look for further upside with 0.9470 & 0.9490 as targets. – advertisement – Comment The RSI calls for a...
Euro Jumps as China Markets Extend Powerful Rally
Dollar and Yen are under pressure today as Asian markets opened the week with strong rally. In particular, Chinese stocks are extending last week’s powerful rise, taking Hong Kong equities up too. In the currency markets, though, Euro is currently...