This is Engine No. 1’s first public campaign.
Fed’s Rosengren voices support for Biden stimulus proposal
Rosengren said he was comfortable with the action despite a nearly $2 trillion price tag that will take the government deeper into the red.
Stocks making the biggest moves midday: Poshmark, JPMorgan, Wells Fargo, Zoom, Spotify & more
Check out the companies making headlines in midday trading.
Jamie Dimon says JPMorgan Chase should absolutely be ’scared s—less‘ about fintech threat
Dimon’s blunt assessment was in response to questioning from analysts who pointed out the rich, tech-like valuations of fintech players.
Biden’s $400 unemployment boost would replace 86% of lost wages for many workers
President-elect Joe Biden’s $1.9 trillion Covid relief plan would raise jobless benefits by $400 a week, replacing 86% of lost wages for the average person.
US Dollar Rebound in Focus Ahead of US Presidential Inauguration
The US Dollar breaks out of the range bound price action from the first of January going into the inauguration of President-elect Joe Biden.
Australian Dollar Outlook: Tied to Biden Stimulus Bets, S&P 500, US Dollar, Treasuries
The Australian Dollar sits on the crossroads of Treasury yields, the S&P 500 and US fiscal stimulus expectations. Will AUD/USD gains slow? Chinese Q4 GDP and Australian jobs data are due.
GBP/USD Weekly Forecast: GBP/USD Rally Out of Steam?
GBP underpinned as BoE downplays negative rates, alongside vaccine rollout.
ForexLive Americas FX news wrap: Sell-the-stimulus mood boost dollar
Forex news for North American trade on January 15, 2020:
Markets:
There was a decided risk off tone in markets and that meant a bid in the US dollar even as Treasury yields slid. It was a classic ’sell the fact‘ move after Biden’s big stimulus plan, something I about.
Markets:
There was a decided risk off tone in markets and that meant a bid in the US dollar even as Treasury yields slid. It was a classic ’sell the fact‘ move after Biden’s big stimulus plan, something I about.
Major indices close lower with the NASDAQ leading the way
NASDAQ down -0.87%
The final numbers are showing:
Below are the percentage changes and ranges of the major indices. European shares also ended lower with the Spain Ibex leading the way at -1.69%. The German DAX fell -1.44%.
The final numbers are showing:
Below are the percentage changes and ranges of the major indices. European shares also ended lower with the Spain Ibex leading the way at -1.69%. The German DAX fell -1.44%.