The unemployment rate continues to fall, but the share of unemployed out of work for at least six months is rapidly accelerating.
Archiv für den Monat: November 2020
Stocks making the biggest moves midday: Coty, Square, Roku, Uber & more
Check out the companies making headlines in midday trading.
S&P 500 May Eye Higher Levels on Post-Election Stimulus Hopes
The S&P 500 index may weather through near-term volatility and aim for higher levels on post-election stimulus hopes. Pandemic risk and monetary easing may also return to the centre stage.
Euro Forecast: EUR/USD Gains on Election, EU-US Tariffs to Derail Markets?
The Euro rose as the US Dollar sank on the US election. With Joe Biden in the lead, will the EU impose WTO-approved retaliatory tariffs on the US? All eyes are also on the ECB’s forum.
Gold Price Fundamental Outlook Bolstered by US Dollar Weakness
Gold price action just inked its best weekly gain since late July when the precious metal was in the midst of a bullish breakout. Can gold continue propelling higher on the back of US Dollar weakness?
Biden expands lead in Georgia
Lead moves to 4,263
The votes came from Gwinnett County
The votes came from Gwinnett County
Stocks closed little changed. Stocks enjoy the best week since April
NASDAQ closes up 9% for the week
A look at the final numbers are showing:
A look at the final numbers are showing:
ForexLive Americas FX news wrap: Another strong jobs report as US counting continues
Forex news for North American trade on November 6, 2020:
Markets:
It was a wild week but the final session was a more-subdued affair as the slow count in the US continued in what looks like a march to victory for Biden. The jobs report didn’t deliver much in terms of market moves but a Fox report
Markets:
It was a wild week but the final session was a more-subdued affair as the slow count in the US continued in what looks like a march to victory for Biden. The jobs report didn’t deliver much in terms of market moves but a Fox report
CFTC commitments of traders: The EUR position is cut again
Forex futures positioning for the week ending November 3, 2020.
– EUR long 140K vs 156K long last week. Longs trimmed by 15K
– GBP short 11K vs 7K short last week. Shorts increased by 4K
– EUR long 140K vs 156K long last week. Longs trimmed by 15K
– GBP short 11K vs 7K short last week. Shorts increased by 4K
Gold: Bullish wedge pattern points to $2300 – Credit Suisse
Gold up $2 to $1951 today
Credit Suisse
„Gold extends its consolidation from our $2075 target hit in August
and we maintain our core view this is a temporary and corrective pause
in the broader uptrend,“ CS notes.
Credit Suisse
„Gold extends its consolidation from our $2075 target hit in August
and we maintain our core view this is a temporary and corrective pause
in the broader uptrend,“ CS notes.