Eurozone Q1 GDP Revised Higher In Final Reading
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Stocks making the biggest moves in the premarket: Stitch Fix, Contango Oil & Gas, Coupa Software & more
Take a look at some of the biggest movers in the premarket: Stitch Fix (SFIX) – Stitch Fix lost 18 cents per share for its first quarter, smaller than the 27 cents a share loss that analysts were anticipating. The...
EUR/USD Trading Zone Is Defined
The EUR/USD is in the middle of a trading range. We could see a bounce from the bottom and also from the top. W H3 has a confluence with 88.6 and D H3. 1.2206 zone is where we expect the...
Dollar Recovers After Failing Downside Breakout, Overall Trading Subdued
Trading continue to be relatively subdued this week so far. While Dollar weakened overnight, losses were very limited. The greenback is indeed recovering mildly in Asian session. Australian Dollar also received little lift from strong business conditions data. Gold breached...
Market Morning Briefing: Aussie Has Risen Well From 0.7650 Over The Last 2-3 Sessions
STOCKS Equities remain stable and are positive overall. Dow can rise to 35000 – the upper end of its 33500-35000 range while it sustains above 34500. DAX can rise to 15800-16000 while above 15600. Nikkei can rise to 29500-30000 with...
Stocks making the biggest moves after hours: Stitch Fix, Marvell, Coupa and more
Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Check out the companies making headlines after the bell: Stitch Fix — Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results...
Is there a labor shortage? What the May jobs report tells us
A help wanted sign is displayed outside of a business before Memorial Day near the boardwalk in Wildwood, New Jersey. Spencer Platt | Getty Images News | Getty Images The weaker-than-expected April jobs report fueled speculation of U.S. labor shortages...
The Fed is in early stages of a campaign to prepare markets for tapering its asset purchases
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters The Federal Reserve is in...
Strong Australian Data Sends Aussie Higher
The Australian dollar is in positive territory in the Monday session. In the North American session, AUD/USD is trading at 0.7760, up 0.27% on the day. It has been a roller-coaster ride for the Australian dollar, which showed sharp volatility...
Currency Pair of the Week: EUR/CAD
If the BOC continues with tapering while the ECB remains dovish, EUR/CAD may have some volatility this week! The ECB meets on Thursday for their June Interest Rate Decision meeting. Two big issues for the committee to discuss will be...
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