Even with millions of Americans desperate for aid, Congress has failed to reach a deal on a second stimulus package. Negotiations might drag on until September.
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US Dollar Price Forecast: Stimulus Deadlock, China Row Boost USD
The US Dollar may rise, buoyed by haven demand as fiscal stimulus talks stagnate and swelling tensions between Washington and Beijing sink trade talks.
Crude Oil Weekly Outlook: Crude Oil Stalls Ahead of OPEC Meeting
Upside in Crude Oil struggling ahead of OPEC meeting. Cartel likely to maintain wait and see approach.
AUD Forecast: Australian Dollar Vulnerable as Complacency Builds
The Australian Dollar has kept a bid alongside the slow-and-steady decline in volatility. Bulls may continue steering AUD price action higher, but the Aussie lies at risk of a bearish shift in mark…
Forexlive Americas FX news wrap: Retail Sales show some strength but its still about the unknown ahead
Forex news for North American trading on August 14, 2020
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In other markets:
– Spot gold is down $8.90 or 0.46% $1944.86
– Spot silver is down $1.02 or 3.73% $26.48
In the US debt market today, yields are ending the day mixed. The 30 year bond still has some digestive problems it seems after the bad auction yesterday. It is up by 1.8
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In other markets:
– Spot gold is down $8.90 or 0.46% $1944.86
– Spot silver is down $1.02 or 3.73% $26.48
In the US debt market today, yields are ending the day mixed. The 30 year bond still has some digestive problems it seems after the bad auction yesterday. It is up by 1.8
Warren Buffett makes a big bet on gold
Buffett bought a stake in miner Barrick Gold
Warren Buffett has famously disparaged gold but evidently he’s had a change of heart.
According to a Q2 13F filed today, The Oracle of Omaha added 20.9 million shares of Barrick Gold, which is the world’s second largest gold miner. He paid $563.5 million for the stake, which equates
Warren Buffett has famously disparaged gold but evidently he’s had a change of heart.
According to a Q2 13F filed today, The Oracle of Omaha added 20.9 million shares of Barrick Gold, which is the world’s second largest gold miner. He paid $563.5 million for the stake, which equates
Berkshire Hathaway reduced J.P. Morgan stake in 2nd quarter
13F filings from Berkshire Hathaway
Other swings in positions show increased stakes in:
Other swings in positions show increased stakes in:
Texas COVID cases rise by 7018 vs 6755 yesterday
Texas coronavirus cases
– cases rise by 7018 vs. 6755 yesterday
– deaths rise by 313 to a total of 9602
– hospitalizations fall by -247 to 6632
– cases rise by 7018 vs. 6755 yesterday
– deaths rise by 313 to a total of 9602
– hospitalizations fall by -247 to 6632
NASDAQ lower for the 1st time in 3 sessions
Major indices close mixed
A quiet trading session for US stocks. The major indices close mixed. The NASDAQ closed lower for the 1st time in 3 sessions. The S&P index was unchanged. The Dow is up. For the week, the major indices closed higher, but the NASDAQ was just barely higher.
A quiet trading session for US stocks. The major indices close mixed. The NASDAQ closed lower for the 1st time in 3 sessions. The S&P index was unchanged. The Dow is up. For the week, the major indices closed higher, but the NASDAQ was just barely higher.