Investors will be digging into this morning’s July Persona Income & Spending report, particularly after the disappointing July Retail Sales report earlier this month. But the real focus today will once again be on Federal Reserve Chairman Jerome Powell.
Archiv für den Monat: August 2021
Astra stock drops after cutting short rocket launch, with next attempt expected in the coming days
Astra cut short its first launch attempt since the company went public, with the rocket’s engines firing for a moment and then shutting down.
An investor with a flair for tech could push Fiserv to the next level
ValueAct Capital has taken a $1.2 billion position in Fiserv. The financial services tech company is right in the investor’s sweet spot.
China reportedly weighs ban on U.S. IPOs from domestic tech companies with sensitive data
Chinese regulators are eyeing new rules that would restrict domestic internet companies to go public in the U.S., the Wall Street Journal reported on Friday.
Stocks making the biggest moves midday: Dell, Peloton, Workday and more
These are the stocks posting the largest moves in midday trading.
Powell sees taper by the end of the year, but says there’s ‚much ground to cover‘ before rate hikes
Federal Reserve Chairman Jerome Powell indicated Friday that the central bank is likely to begin tapering before the end of the year.
US Dollar Outlook Hinges on ISM Manufacturing Survey, NFP Report
The slew of US data prints on tap for the start of September are likely to sway the Dollar as the Federal Reserve retains an outcome-based approach for monetary policy.
Bitcoin, Ethereum Predictions – Consolidation Phase Leading to Higher Prices
Bitcoin continues to draw strength from the 200-day simple moving average and if this continues, higher prices may be seen in the near future.
Australian Dollar Outlook: AUD/USD at Crossroads of Commodities, Yields, Sentiment
The Australian Dollar has grinded higher, but future direction will likely depend on commodity pricing, yield differentials and risk appetite.
Forexlive Americas FX news wrap: Fed Powell refuses to budge on setting taper timeline and sends the USD lower
Forex news for North American trading on August 27, 2021
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The forex markets (and other markets for that matter) have been tending to go from key event to key event. This week, it was the keynote address from Fed Chair Powell at the Jackson Hole virtual summit.
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The forex markets (and other markets for that matter) have been tending to go from key event to key event. This week, it was the keynote address from Fed Chair Powell at the Jackson Hole virtual summit.