The big-box club chain said it’s been seeing accelerating prices across a range of products.
Archiv für den Monat: Mai 2021
Stocks making the biggest moves midday: AMC, Ulta Beauty, Best Buy, HP and more
These are the stocks posting the largest moves in midday trading.
Bitcoin (BTC), Ethereum (ETH), Alt-Coins – Beware of Weekend Volatility
The 24/7 cryptocurrency market needs to monitored closely over the coming long weekend with volatility levels still high
Australian Dollar Forecast: AUD/USD May Wilt on RBA, Falling Iron Ore Prices
The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.
GBP/USD Weekly Forecast: BoE Hawks vs UK Reopening Concerns
GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.
ForexLive Americas FX news wrap: Core PCE hits highest in nearly 30 years
Forex news for North American trade on May 28, 2021:
Markets:
– Gold up $8 to $1904
– WTI crude oil down 21-cents to $66.64
– US 10-year yields down 1.1 bps to 1.59%
Month end took the FX market for a bit of a ride again. There was heavy dollar buying right at the start of US trade with
Markets:
– Gold up $8 to $1904
– WTI crude oil down 21-cents to $66.64
– US 10-year yields down 1.1 bps to 1.59%
Month end took the FX market for a bit of a ride again. There was heavy dollar buying right at the start of US trade with
US stocks stumble into the long weekend, giving back most gains
Meme stocks had a big turnaround
Shares of AMC went for a wild ride today in the latest meme stock mania. The company closed Thursday at $26.75 then soared to $36.72 at the open before turning around to finish 1.5% lower at $26.12.
Shares of AMC went for a wild ride today in the latest meme stock mania. The company closed Thursday at $26.75 then soared to $36.72 at the open before turning around to finish 1.5% lower at $26.12.
Weekly CFTC Commitments of Traders data: Cable gets a bit of love
Weekly futures forex positioning data from the CFTC:
The pound was the top performer this month in the G10 space and it got a bit of late-month love from speculators as the net position grew to the largest since early March. The high for the year was +36K in March.
The pound was the top performer this month in the G10 space and it got a bit of late-month love from speculators as the net position grew to the largest since early March. The high for the year was +36K in March.
GBP/JPY longs were the best FX trade this month
A look at FX monthly performance and the chart
The pound was easily the best performer this month gaining 2.68% against the US dollar, followed by CAD and CHF. The yen was the laggard, down 0.45% and AUD was the only other G10 currency down against the dollar.
The pound was easily the best performer this month gaining 2.68% against the US dollar, followed by CAD and CHF. The yen was the laggard, down 0.45% and AUD was the only other G10 currency down against the dollar.
Oil slumps late to finish down 53-cents on the day
WTI crude oil down on the day
WTI crude oil finished the day down 53-cents to $66.32. It had risen as high as $67.52.
On the week, oil was up 4.3%.
Technically though, this is looking like another failure to break to new highs. The OPEC+ decision is coming up on Tuesday and that’s the next big driver,
WTI crude oil finished the day down 53-cents to $66.32. It had risen as high as $67.52.
On the week, oil was up 4.3%.
Technically though, this is looking like another failure to break to new highs. The OPEC+ decision is coming up on Tuesday and that’s the next big driver,