Facebook shares rose in extended trading Monday after the company reported better-than-expected third-quarter earnings while revenue missed estimates.
Archiv für den Monat: Oktober 2021
British Pound Q4 Forecast: Preparing the Ground for Interest Rate Hikes
The fourth quarter of 2021 will likely see the Bank of England start talking about interest rate hikes as early as the beginning of next year, boosting the attraction of Sterling.
ForexLive European FX news wrap: Dollar a touch softer, equities firmer
Forex news from the European trading session – 26 October 2021
Headlines:
Markets:
– GBP leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.4%
Headlines:
Markets:
– GBP leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.4%
Dollar eases as risk keeps firmer on the session
Dollar slips against major currencies, except against the yen
The greenback is mostly lower now as it slumps to fresh lows on the day against the euro, pound, franc, loonie, and kiwi currently. The yen is also marked lower as risk sentiment is still leaning towards the positive side ahead of North American trading.
The greenback is mostly lower now as it slumps to fresh lows on the day against the euro, pound, franc, loonie, and kiwi currently. The yen is also marked lower as risk sentiment is still leaning towards the positive side ahead of North American trading.
Cable buyers look to retest last week’s highs on shove back above 1.3800
GBP/USD trades up by 0.4% to 1.3820 on the day
That has seen the pound push up to lead gains in the major currencies space, with cable rising from 1.3780 earlier to 1.3820 – pushing past its 100-hour moving average (red line). That comes as buyers somewhat defended a couple of tests of its 200-hour moving
That has seen the pound push up to lead gains in the major currencies space, with cable rising from 1.3780 earlier to 1.3820 – pushing past its 100-hour moving average (red line). That comes as buyers somewhat defended a couple of tests of its 200-hour moving
WTO reportedly agrees to Australia’s request to examine China’s duties on wine imports
Reuters reports, citing a trade source familiar with the matter
It is reported that the WTO will establish a dispute settlement panel to examine the matter at hand, which came about earlier in the year as Australia and China relations soured amid calls to probe into the COVID-19 origins at the time.
It is reported that the WTO will establish a dispute settlement panel to examine the matter at hand, which came about earlier in the year as Australia and China relations soured amid calls to probe into the COVID-19 origins at the time.
China urges Evergrande founder to pay up debt with own personal wealth
China regulators have also met with and warned companies in key sectors to proactively prepare for foreign debt repayments