Black leaders share their advice on how to help Black Americans succeed
kate_sept2004 | E+ | Getty Images In celebration of Black History Month, CNBC Invest in You is featuring weekly stories from CNBC contributors and members of the Financial Wellness Council, including the lessons they’ve learned growing up, their advice to...
Euro Down Despite Sharp Confidence Data
The euro is showing slight losses in the Tuesday session. Currently, EUR/USD is trading at 1.2110, down 0.15% on the day. German economic confidence accelerates The German economy continues to struggle under the weight of Covid-19, but there was some...
USD/TRY: Lira Cracks Key Obstacles and Rises to 28-Week High; CBRT Meeting in Focus
The USDTRY fell to the lowest in 6 ½ months on Tuesday, following break and close below psychological 7.00 support on Monday. The Turkish lira remains very attractive to investors and further acceleration could be expected. The downtrend from new...
Fed’s Bullard doesn’t see asset bubble and doubts policy will tighten soon
St. Louis Federal Reserve president James Bullard said Tuesday that he doesn’t see a bubble in asset prices and doubts the central bank needs to start tightening policy anytime soon. With prices surging in the stock market and in alternative...
Dollar Strikes Back on Surging Yields, Gold Tumbles
Dollar is striking back today with some help from surging US yields. At the time of writing, 10-year yield is trading above 1.25 handle. Additionally, much stronger than expected manufacturing is support the greenback too. While European stocks are treading...
RBA Indicates Support to Continue
The Australian dollar has posted slight gains on Monday, continuing the trend we saw at the end of the last week. Currently, AUD/USD is trading at 0.7777, up 0.20% on the day. RBA minutes indicate QE will be prolonged There...
EURJPY Optimistic After Break Above 127.49
EURJPY overcame the key 127.49 barrier yesterday but is marginally struggling to extend gains ahead of the 128.38 level, which happens to be the 123.6% Fibonacci retracement of the down leg from 127.06 until 121.61. The upward sloping Ichimoku lines...
Euro Weak With Dollar in as Stock Surge Further, Looks into German ZEW
Overall developments in the markets are unchanged as strong risk-on sentiments continue. Yen is currently the worst performer by a mile. Dollar, Euro and Swiss Franc are following behind. Sterling continue to stay strong together with commodity currencies. A focus...
Asian Open: Firmer Asian GDP And Vaccine Rollouts Buoy Sentiment
The global vaccine rollout and stronger GDP across Asia retained a positive tone for equity markets, sending the yen lower and the Nikkei to a 30-year high. Japan’s GDP (growth domestic product) surprised to the upside in Q4 on Monday,...
Dow futures rise 250 points as stocks look to add to record levels
Pedestrians walk in snow past the Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes rose in extended trading Monday evening after finishing...
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