Bill Ackman said he expects to close his SPAC deal to buy 10% of Universal Music Group for around $4 billion later this month.
Archiv für den Monat: Juni 2021
Fed’s Mester lauds jobs report but says it’s not enough to change policy
May’s job gains were „solid,“ but not enough to change the direction of monetary policy, Cleveland Fed President Loretta Mester told CNBC.
Elon Musk and Bitcoin – The Biggest Break Up Since Kim and Kanye?
High-profile splits are commonplace these days, but are Elon Musk and Bitcoin really going their separate ways?
Canadian Dollar Outlook Hinges on Bank of Canada (BoC) Rate Decision
The Bank of Canada (BoC) rate decision is likely to influence the near-term outlook for USD/CAD as the central bank starts to scale back its emergency measures.
Australian Dollar Outlook: Risk Trends in Focus as Traders Weigh Policy Outlooks
The risk-sensitive Australian Dollar was a winner following Friday’s US non-farm payrolls miss. Australian Westpac consumer confidence and US CPI are in focus next week as traders weigh central ban…
Mexican Peso Weekly Forecast: USD/MXN Sways on US Jobs Data, Focus on Mexican Election
USD/MXN drops back below 20 Pesos per Dollar ahead of the Mexican mid-term elections on Sunday.
Video of the start of Iran refinery fire shows no sign of sabotage
Video released from the start of the fire
An enormous fire at the storage facilities of a Tehran refinery on the same day as a fire sank an Iran navy ship sparked speculation about sabotage. It was heightened because Iran is deep in nuclear negotiations.
An enormous fire at the storage facilities of a Tehran refinery on the same day as a fire sank an Iran navy ship sparked speculation about sabotage. It was heightened because Iran is deep in nuclear negotiations.
G7 leaders agree on corporate minimum tax
G7 strikes deal
G7 finance ministers in London agreed on the outline of a global deal on taxation that would set a floor for corporate rates around the world. The group will now take the deal to the G20, where an agreement could come as soon as next month.
G7 finance ministers in London agreed on the outline of a global deal on taxation that would set a floor for corporate rates around the world. The group will now take the deal to the G20, where an agreement could come as soon as next month.
Forexlive America’s FX news wrap: US jobs data doesn’t live up to expectations
Forex news for North American trading on June 4, 2021
The US employment report showed a gain of 559K (with revisions of +27K) but that was not enough to satisfy those looking for tapering sooner rather than later. The expectations was for 675K (with the whisper levels likely higher than that given the tepid 266K – revised to 278K – last month).
The US employment report showed a gain of 559K (with revisions of +27K) but that was not enough to satisfy those looking for tapering sooner rather than later. The expectations was for 675K (with the whisper levels likely higher than that given the tepid 266K – revised to 278K – last month).
US stocks end the week on a strong note
All major indices higher
A look at the closes shows:
A look at the closes shows:
The biggest gain or of the Dow 30 was salesforce with a gain of 2.28%.
The biggest loser in the Dow 30 was Travelers at -0.63%.