The market started the week on a high note as cyclical shares jumped on optimism that the vaccine approval would clear path for more mandates.
Best Buy shares rise on earnings beat, retailer says consumers are upgrading tech to work at home
The consumer electronics retailer said it has benefited from a healthy consumer, government stimulus and permanent lifestyle changes.
ForexLive European FX news wrap: Hawkish Hawkesby bolsters the kiwi
Forex news from the European trading session – 24 August 2021
Headlines:
Markets:
– NZD leads, EUR lags on the day
– European equities mixed; S&P 500 futures up 0.2%
Headlines:
Markets:
– NZD leads, EUR lags on the day
– European equities mixed; S&P 500 futures up 0.2%
Fauci: Expects Moderna, Johnson & Johnson vaccines to receive complete approval ‚relatively soon‘
Fauci remarks on the COVID-19 vaccine full approval process
This follows the news from yesterday for Pfizer. In case you missed it:
This follows the news from yesterday for Pfizer. In case you missed it:
Goldman Sachs still sees Fed tapering by year-end, now eyes a November announcement
Goldman Sachs raises odds on a Fed taper announcement at its November meeting from 25% to 45%
As such, the firm lowers odds of an announcement in December from 55% to 35%.
As such, the firm lowers odds of an announcement in December from 55% to 35%.
NZD/USD looking for a move back towards 0.7000 again?
NZD/USD trades up 0.8% to 0.6945
Remarks by RBNZ policymaker Christian Hawkesby earlier in the day (↑) have been a key factor in propping the kiwi up in European morning trade.
Remarks by RBNZ policymaker Christian Hawkesby earlier in the day (↑) have been a key factor in propping the kiwi up in European morning trade.
FX option expiries for 24 August 10am New York cut
A look at what is on the board for today
A couple of large ones to take note of on the day, as highlighted in .
bold
For USD/JPY, there is a relatively big one near the current spot price at 109.65 with the more significant one closer to 109.90-00 likely to limit price action before rolling off.
A couple of large ones to take note of on the day, as highlighted in .
bold
For USD/JPY, there is a relatively big one near the current spot price at 109.65 with the more significant one closer to 109.90-00 likely to limit price action before rolling off.