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Day: November 2, 2020

Stocks making the biggest moves midday: Clorox, Under Armour, Lemonade, Dunkin’ Brands & more

Colorox brand toilet bowl cleaner sits on display at a supermarket in Princeton, Ill. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Monday: SolarEdge Technologies – Shares of the solar-equipment maker jumped more than 4% ahead of the company’s third-quarter results, which will be released after the bell. Research …

Stocks making the biggest moves midday: Clorox, Under Armour, Lemonade, Dunkin’ Brands & moreRead More

USDJPY Shifts Sideways; Broader Picture Bearish

USDJPY despite improving from the significant 104.00 support zone is transmitting a neutral-to-bearish tone, curbed by the gradual dip in the 100- and 200-period simple moving averages (SMAs). The flattening 50-period SMA is endorsing the horizontal price action, while mixed signals in momentum exist in the short-term oscillators. The MACD is increasing above its trigger …

USDJPY Shifts Sideways; Broader Picture BearishRead More

U.S Futures Rising – Watch AAPL, AMZN, WYNN, MPC

The S&P 500 Futures are posting a rebound after they in the red again on Friday. Investors became cautious ahead of the Nov. 3 presidential election, and remained concerned over the record-breaking Covid-19 cases around the world. Later today, the U.S. Commerce Department will report September construction spending (+1.0% on month expected). The Institute for …

U.S Futures Rising – Watch AAPL, AMZN, WYNN, MPCRead More

Gold Price Declined Below $1,900 Support Level To Move Into A Bearish Zone

Gold price started a fresh decline after it failed to clear the $1,912 and $1,915 resistance levels against the US Dollar. The price declined below the $1,900 support level to move into a bearish zone. The price even broke the $1,880 support and the 50 hourly simple moving average before it found support near the …

Gold Price Declined Below $1,900 Support Level To Move Into A Bearish ZoneRead More

Asian banks, buffeted by coronavirus, ramp up continuity plans

Workers pass a thermal scanner as part of the coronavirus outbreak precautions during a media preview at the Singapore Airshow on Saturday Singapore is the latest country to feel the heat from the coronavirus. On Monday, it announced its 45th confirmed case, the largest number of infections outside China. The Lion City’s financial sector is …

Asian banks, buffeted by coronavirus, ramp up continuity plansRead More

EUR/USD Outlook: Bears Risk Fresh Acceleration On Break Of 1.1612 Pivot

The Euro remains in red for the sixth straight day and extends steep fall to the lowest in over one month in early Monday’s trading. The pair fell near 1.8% last week, driven by strong risk aversion and registered the monthly fall (Oct) of 0.65% as traders continue to flee into safety on growing fears …

EUR/USD Outlook: Bears Risk Fresh Acceleration On Break Of 1.1612 PivotRead More

BOE Preview – Expanding QE Size while Keeping Rate Unchanged at Record Low

At the meeting this week, we expect BOE to increase the size of asset purchases (QE), by 100B pound, to 845B pound. The Bank rate will stay unchanged at 0.1%. Economic data released since the last meeting suggest that the members’ forecasts in August were too optimistic. A downgrade on GDP growth estimate and caution …

BOE Preview – Expanding QE Size while Keeping Rate Unchanged at Record LowRead More

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