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Day: March 8, 2021

Stocks making the biggest moves midday: Apollo, GE, GameStop and more

Here are the stocks making headlines in midday trading. Apollo Global Management – Shares of the private equity firm gave back earlier gains and declined more than 4% after the company announced that it will merge with Athene Holding in an all-stock transaction. The deal values Athene Holdings, a retirement services company, at around $11 …

Stocks making the biggest moves midday: Apollo, GE, GameStop and moreRead More

Goldman Sachs forecasts a jobs boom, says unemployment rate could fall to 4.1% by the end of 2021

Unemployment could fall this year to close to where it was prior to the Covid-19 pandemic, according to a Goldman Sachs forecast that sees a hiring boom ahead. The firm projects an unemployment rate of 4.1% that could be even lower depending on just how powerful the recovery gets amid more fiscal stimulus and a …

Goldman Sachs forecasts a jobs boom, says unemployment rate could fall to 4.1% by the end of 2021Read More

AUDUSD’s Downside Risks Persist as Descent Stalls

AUDUSD’s intact negative trajectory, from a 3-year high reached at the end of February, has paused around the area between the latest lows of 0.7621 and 0.7635 respectively. The falling red Tenkan-sen line is assisting the price dive beneath the 200-period simple moving average (SMA), while the flattening blue Kijun-sen line is reflecting a pause …

AUDUSD’s Downside Risks Persist as Descent StallsRead More

March Flashlight for the FOMC Blackout Period: No Major Policy Changes but Perhaps Some Technical Tweaks

Summary We do not look for the FOMC to make any major monetary policy changes at its March 16-17 meeting. Moreover, we expect the Committee to clearly articulate that it has no intention of raising rates or otherwise removing policy accommodation anytime soon. Prospects for the economy have brightened in light of recent sharp declines …

March Flashlight for the FOMC Blackout Period: No Major Policy Changes but Perhaps Some Technical TweaksRead More

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