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Day: April 9, 2021

Stocks making the biggest moves midday: Levi Strauss, FuboTV, Honeywell and more

A man wears Levis Strauss & Co. clothing during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 21, 2019. Jeenah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Levi Strauss – Shares of the retailer jumped …

Stocks making the biggest moves midday: Levi Strauss, FuboTV, Honeywell and moreRead More

Biden seeks extra $400 a year in Pell grants for college and to expand aid to Dreamers

Alex Wong | Getty Images News | Getty Images President Joe Biden asked Congress for a $400 annual increase in maximum Pell grants for college students as part of a budget proposal issued Friday. The president also called to broaden eligibility to undocumented immigrants known as Dreamers. Pell grants are available to undergraduate students who …

Biden seeks extra $400 a year in Pell grants for college and to expand aid to DreamersRead More

SEC is scrutinizing SPAC projections, seeks clearer disclosures

Saul Loeb | AFP | Getty Images The SEC is eyeing potentially misleading earnings projections made by SPAC sponsors and is seeking clearer disclosures, with one official hinting Thursday that the agency may issue a future rule to rein them in. Special purpose acquisition companies, known as SPACs or blank-check funds, are a hot-ticket item …

SEC is scrutinizing SPAC projections, seeks clearer disclosuresRead More

Week Ahead – US and China Data Could Reinforce Optimism but RBNZ to Sound Caution

As the dollar recedes on some scepticism around the aggressive bets of an early Fed tightening, US inflation and retail sales numbers due in the coming week could reignite those expectations. There could be a further boost to the global recovery outlook if Chinese GDP figures point to strong growth in the first quarter. In …

Week Ahead – US and China Data Could Reinforce Optimism but RBNZ to Sound CautionRead More

NZDUSD Buyers Confront Short-Term Downtrend Line

NZDUSD has consolidated over the somewhat neutral Ichimoku cloud, after slightly improving from a recently formed floor at the 0.6942 level. The falling 200- and 100-period simple moving averages (SMAs) are shielding the bearish structure, while the climbing 50-period SMA is providing a footing for the price to recoup some lost ground. Momentum seems to …

NZDUSD Buyers Confront Short-Term Downtrend LineRead More

Canada Employment Surged Higher in March

Stronger-than-expected 303k employment gain cut the remaining shortfall relative to pre-shock levels in half Easing containment measures allowed some recovery in hospitality sector, but gains broadly based The unemployment rate fell to 7.5% from 8.2% in February Renewed virus containment measures will weigh on April hospitality and retail-sector employment, but the rest of the economy …

Canada Employment Surged Higher in MarchRead More

Canadian Dollar Rises on Strong Job Data, Gold Fails Double Bottom Neckline

Canadian Dollar jumps broadly in early US session, with help from much better than expected job data. Dollar is following as second strongest for today, paring some of this week’s losses. On the other hand, Yen and Euro, turn weaker, other with Aussie. Overall, it appears that traders are generally taking profits from prior moves …

Canadian Dollar Rises on Strong Job Data, Gold Fails Double Bottom NecklineRead More

GBP/USD Outlook: Bears Crack Key Supports And Look To Continue Larger Downtrend

Cable extends weakness into the fourth straight day and tested key support at 1.3670 (Mar 25 low / 100DMA) in early European trading on Friday. Bears emerged from daily cloud (cloud base lays at 1.3712) after trading within thick cloud for two weeks, generating bearish signal for extension of six-week downtrend from 1.4238 (2021 high) …

GBP/USD Outlook: Bears Crack Key Supports And Look To Continue Larger DowntrendRead More

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