Stocks proved hard to keep down this week, and the start of the earnings season could further bolster the comeback if profits roll in as expected or better.
Archiv für den Monat: Oktober 2021
Stocks making the biggest moves midday: Marathon Oil, General Motors, Oatly and more
These are the stocks posting the largest moves in midday trading.
September jobs report hints at unemployment benefits‘ muted role in pandemic labor market
Lackluster job growth and a shrinking labor force in September offered more evidence that pandemic-era unemployment benefits weren’t holding back jobs.
Bitcoin (BTC) Grinding Back to Multi-Month Highs, Volt ETF Offers Crypto Diversification
Bitcoin is up over $8k on the week with hardly a pullback seen during the latest move. The market leader looks strong but overbought, according to one technical indicator.
Australian Dollar Outlook: Energy Burst Boosts Markets. Can it Drive AUD/USD Up?
The Australian Dollar is subject to external forces as commodities roar and risk sentiment sways under Chinese outcomes. Where to next for AUD/USD?
GBP Forecast: BoE Rate Rise This Year? Don’t Bank on It
UK Labour and BoE speeches in focus. Aggressive tightening bets raise GBP sensitivity.
ForexLive Americas FX news wrap: Non-farm payrolls miss the mark
Forex news for North American trade on Friday, October 8:
Markets:
The jobs report put a focus on the US dollar and the initial reaction was 20-40 pips of US dollar selling but beneath the surface there were enough caveats and silver linings to keep that trade in check.
Markets:
The jobs report put a focus on the US dollar and the initial reaction was 20-40 pips of US dollar selling but beneath the surface there were enough caveats and silver linings to keep that trade in check.
Major US indices close the day lower. Snap a three day win streak
NASDAQ index falls -0.5%. S&P and Dow marginally lower on the day
A look at the final numbers shows:
A look at the final numbers shows:
Some technical stories to mull over the weekend and trade in the new week
What to know from a technical perspective.
: The EURUSD is looking to close the week right around the 200 week moving average at 1.1570 after trading above and below that MA, and the 100 week MA at 1.1603. The current price is at 1.1570.
: The EURUSD is looking to close the week right around the 200 week moving average at 1.1570 after trading above and below that MA, and the 100 week MA at 1.1603. The current price is at 1.1570.
White House weighs wide ranging push for crypto oversight
Newswire report
The rumors have been swirling for days on a number of fronts, particularly stable coins. I don’t know if regulation is that much of a fear for crypto bulls any longer. At the moment, that’s being outweighed by signs of mainstream adoption, including a likely US ETF.
The rumors have been swirling for days on a number of fronts, particularly stable coins. I don’t know if regulation is that much of a fear for crypto bulls any longer. At the moment, that’s being outweighed by signs of mainstream adoption, including a likely US ETF.