About 32% of jobless Americans have been out of work at least six months. That’s a big decline from the pandemic peak, but higher than most periods in history.
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Berkshire’s operating earnings pop 18% last quarter with Buffett’s cash pile at record $149 billion
The conglomerate reported operating income $6.47 billion in the third quarter, rising 18% from $5.48 billion from the same quarter a year ago.
Bitcoin (BTC) and Ethereum (ETH) Setting Up For The Next Leg Higher
The bullish channels that have been guiding Bitcoin and Ethereum higher over the past months are coming under pressure.
Australian Dollar Outlook: Commodities, US Dollar and RBA Weigh. Can AUD/USD Hold?
The Australian Dollar weakened during the week as the RBA under-delivered and commodities continued lower. Will AUD/USD catch a bid?
GBP/USD Rate Eyes Yearly Low Ahead of UK GDP Report
GBP/USD is on the verge of testing the yearly low (1.3509) ahead of the UK GDP report as the BoE keeps the benchmark interest rate at the record low of 0.10% in November.
US House has passed the infrastructure bill – heads now to Biden for signing
The US House of Representatives passed a bipartisan infrastructure bill late Friday, circa US$550bn.
A second bill (circa $1.75tln) re tax and spending was not voted on yet. Next week the House is on a break so there is least a week’s wait for this. A ‚procedural‘ vote passed to tee up voting when the Reps.
A second bill (circa $1.75tln) re tax and spending was not voted on yet. Next week the House is on a break so there is least a week’s wait for this. A ‚procedural‘ vote passed to tee up voting when the Reps.
S&P and NASDAQ close at record highs for the seventh straight day
NASDAQ up for the 10th consecutive trading day
The final numbers are showing:
For the trading week, the
The JPY is ending the day as the strongest of the majors while the GBP is the weakest.
The final numbers are showing:
For the trading week, the
The JPY is ending the day as the strongest of the majors while the GBP is the weakest.
ForexLive Americas FX news wrap: Non-farm payrolls beats estimates but dollar slides
Forex news for New York trade on November 5, 2021:
Markets:
The non-farm payrolls report was solid across the board but not strong enough to shake anyone out of their beliefs. So markets continued to price out rate hikes and squeeze bond shorts. Once again, that led to yen buying in an unwind of some of the
Markets:
The non-farm payrolls report was solid across the board but not strong enough to shake anyone out of their beliefs. So markets continued to price out rate hikes and squeeze bond shorts. Once again, that led to yen buying in an unwind of some of the
USDCHF does note have a happy ending to the week for the buyers
Price is closing lower on the week and gave up all the day gains
The USDCHF is not ending on a happy note for the buyers as the week’s trading moves toward the close.
The USDCHF is not ending on a happy note for the buyers as the week’s trading moves toward the close.
What’s on the US economic calendar for the week of Nov 8-12: CPI, Fed talk and a holiday
Highlights to look out for
Monday, Nov 8
Tuesday, Nov 9
Wednesday, Nov 10
Thursday, Nov 11
Friday, Nov 12
economic calendar
Monday, Nov 8
Tuesday, Nov 9
Wednesday, Nov 10
Thursday, Nov 11
Friday, Nov 12
economic calendar