Employers likely added more jobs in February, but economists say there’s no bounce back yet
A worker wearing a protective mask boxes a pizza inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Hiring likely improved in February as more of the economy...
Death Cross: What is it and How to Identify it When Trading?
Death cross: What is it and How to Identify it when Trading? The ‘death cross’ is a term often mentioned in trading circles due to its usefulness in spotting changes in trends while also being incredibly easy to use. This...
Weekly jobless claims rise less than expected despite weather impact
Weekly jobless claims edged higher last week but rose less than expected for an economy struggling to shake off impacts from a pandemic that has been around now for nearly a year. The Labor Department on Thursday reported that first-time...
NFP Preview: When Will Jobs Growth Get Back into Gear?
After a blistering recovery from the pandemic-induced recession through Q2 and Q3 of last year, the US labor market has downshifted sharply. Over the last three months, the NFP report has shown total job creation of just 86k jobs, a...
Swiss Franc and Yen Resumed Selloff, Markets Mixed Elsewhere
Selloff in Swiss Franc and Yen is the main focus today. But the forex markets are mixed elsewhere. Commodity currencies are mildly firmer as led by Aussie, but major pairs are just bounded in very tight range at the time...
US Yields Rise, FTSE Slips, Powell in Focus
European bourses are trading on the back foot following a weak handover from Wall Street and a sustained sell-off in Asia. Bond yield concerns are back to haunt investors after yields on the 10-year treasury spiked to 1.49% overnight. The...
USDCHF Continues Uptrend Above 200-SMA, Overbought Signals Strengthen
USDCHF found new buyers above the 200-day simple moving average (SMA), advancing its bullish impulse towards a fresh six-month high of 0.9236 on Thursday. The buying appetite in the market drove the RSI and the Stochastics well into the overbought...
XAG/USD Tests 12-Month Long Trendline
Precious metals have taken a toll as the greenback made a comeback. Silver is trying to hold on to its near-year-long rising trendline, and a successful bounce could resume the uptrend. The double dip on the line (25.80) is a...
ESG investments surged in Asia-Pacific in 2020 as sustainable investing takes off, MSCI survey finds
Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in Beijing, China. Getty Images Sustainable investing is taking off in Asia-Pacific as institutional investors accelerated their environmental, social and governance...
Currency Trading Subdued, But Risk Aversion Building Up
Huge volatility continues in stock markets as Asian indices dive following the selloff in US overnight. But movements in exchange rates are relatively subdued, and mixed. Swiss Franc, Yen and Euro are currently the weaker ones for the week, followed...
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Finance news
Stocks made the biggest jump: Netflix, Coinbase, Alphabet, SVB FinancialNetflix — Shares of the streaming giant jumped more than 8% after Netflix added 7.66 million net ... 
FTX Reports $415 Million of Cryptocurrencies was hackedFTX has identified about $5.5 billion worth of digital assets for recovery, a number that ... 
Beyond student loan forgiveness, here’s what the government can do to keep the rising household debt in checkOn Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt ... 
Watch Federal Reserve Chair Jerome Powell speak live at Jackson Hole[The stream is slated to start at 10 a.m. ET. Please refresh the page if ... |