Wall Street wrapped up a record setting week with solid gains on the back of strong U.S. economic data.
Archiv für den Monat: August 2020
As blazes spread, Covid-19 in California prisons hits crucial inmate firefighting force
As deadly fires spread through California, first responders lack a crucial part of their emergency response team: prison inmate firefighters.
This map shows where states stand on the extra $300 weekly unemployment benefits
More states are starting to apply, and be approved, for federal unemployment assistance. Here’s a map of where states stand.
Stocks making the biggest moves midday: Deere, Foot Locker, Tesla & more
Check out the companies making headlines in midday trading.
Japanese Yen Outlook: Seasonal Volatility May Fuel JPY Recovery
The Japanese Yen may stage a short-term recovery in the coming weeks if escalating geopolitical tensions stoke a resurgence of market volatility.
Nasdaq 100, Dow Jones & DAX 30 Forecasts for the Week Ahead
Big technology names like Apple and Amazon continue to drag the Nasdaq 100 higher while bolstering the Dow Jones, but equity strength is very targeted. Still, summer conditions may ward off volatil…
Euro Forecast: EUR/USD Rally Fading, Will European PMIs Rekindle Bulls?
The Euro’s rally versus its major peers has been fading since the EU Summit deal.Attention is turning to next month’s ECB meeting. Will rosy European PMIs rekindle EUR/USD’s rise?
Gold Price Outlook Hinges on Federal Reserve Economic Symposium
Current market conditions may keep the price of gold afloat as the FOMC appears to be on track to retain the current policy at the next rate decision on September 16.
Big week ahead, the Fed’s Jackson Hole Symposium (Powell will speak)
Jackson Hole is the focus, its a virtual meeting so there will be no back-room deals (or poker games).
Earlier previews of the event:
The theme of the symposium is:
Earlier previews of the event:
The theme of the symposium is:
Forexlive Americas FX news wrap: US existing home sales surge
Forex news for North American trading on August 21, 2020
Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July (accounts for 90% of US housing transactions) rose to 5.86 million vs. 4.70 billion in the previous month and above the estimate of 5.41 million. The
Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July (accounts for 90% of US housing transactions) rose to 5.86 million vs. 4.70 billion in the previous month and above the estimate of 5.41 million. The