Asian Open: US Data – All On The Rise
A slew of US data overnight saw inflationary inputs, unemployment and housing permits rise in tandem. Welcome to 2021! A slew of US data overnight saw inflationary inputs, unemployment and housing permits rise in tandem. Welcome to 2021! Jobless claims...
The second dose of Covid vaccine is needed for complete immunity, infectious disease specialist Dr. Paul Offit says
The second dose of Covid-19 vaccine is crucial in creating longer and complete immunity as well as preventing variants of the virus, according to Dr. Paul Offit, director of the Vaccine Education Center at Children’s Hospital of Philadelphia. “We need...
Treasury Secretary Janet Yellen makes push for major stimulus, sees bigger risk in not doing enough
Treasury Secretary Janet Yellen on Thursday said a large stimulus package is still necessary to get the economy back to full strength, despite momentum suggesting that growth is off to a faster start than anticipated in 2021. In a CNBC...
Stocks making the biggest moves midday: Walmart, FirstEnergy, Fastly, Twilio, SunPower & more
A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walmart —...
Canada ADP Jobs Report Plunges
The Canadian dollar is down slightly in the Thursday session. Currently, USD/CAD is trading at 1.2703, up 0.02% on the day. Loonie yawns as ADP nonfarm payrolls slides Canada’s ADP nonfarm payrolls report has managed just one gain over the...
Jobless claims show unexpected move higher
First-time filings for unemployment insurance jumped last week in a sign of continuing strife for the labor market. New claims totaled 861,000, the highest level in a month and above the Dow Jones estimate of 773,000, the Labor Department reported...
Dollar Dives after Jobless Claims, Sterling Powers Up
Dollar is back under some selling pressure, starting in European session, and intensifies after poor job data. Weakness in the greenback is dragging down Canadian Dollar as the second worst performing, while Yen follows as third. Sterling is once again...
AUD/JPY 4H Chart: Bulls Could Prevail
The Australian Dollar has surged by 266 pips or 3.34% against the Japanese Yen since the beginning of February. The currency pair breached the 82.00 level this week. As for the near future, the AUD/JPY exchange rate could continue to...
GBP/JPY 4H Chart: Buying Signals
The British Pound has surged by 450 pips or 3.13% against the Japanese Yen since the beginning of February. The currency pair breached the 147.50 level during this week’s trading sessions. All things being equal, the GBP/JPY exchange rate is...
Equity Win Streak Comes To An End Amid Focus On Rising Yields
Market movers today Focus in the ECB minutes today will be on any discussion regarding rate cuts and strength of the euro. February euro consumer confidence is also released today. US Philadelphia Fed survey is the second regional business survey...
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