The S&P 500 gained as gold prices recovered from a flash crash early last week. A drop in Treasury yields on Friday sank the US Dollar. Will an RBNZ rate hike further bolster the New Zealand Dollar?
Schlagwort-Archiv: Market
New Crypto Tax Law: Good For Some, Bad For Others
The bipartisan infrastructure bill passed by the U.S. Senate last week included something that upset many cryptocurrency diehards: a provision that compels cryptocurrency brokers to report transactions, which Congress claims will raise up to $28 billion over a decade.
Oil Prices Fall as Data out of Asia Show Demand Slowing
Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.
Walmart (WMT) Q2 Earnings: What to Expect
Without question Walmart (WMT) has benefited immensely from strong demand for groceries, consumables, health and wellness, as well as general merchandise categories during the pandemic.
Home Depot (HD) Q2 Earnings: What to Expect
Home Depot (HD), the world’s largest home improvement retailer by revenue, is set to report second quarter fiscal 2021 earnings results before the opening bell Tuesday.
Daily Markets: Investors Watching Weak China Data, Delta Variant, Afghanistan, and the Fed
If you were hoping we would ease into Labor Day, we’re sorry to say that’s not the case.
Markets Week Ahead: S&P 500, Gold Prices, US Dollar, FOMC Minutes, NZD/USD, RBNZ Rate Hike?
The S&P 500 gained as gold prices recovered from a flash crash early last week. A drop in Treasury yields on Friday sank the US Dollar. Will an RBNZ rate hike further bolster the New Zealand Dollar?
Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
The Dow Jones and S&P 500 rose as the Nasdaq 100 ranged. Treasury yields seem to be on the rise, with stocks eyeing Fed Chair Jerome Powell, FOMC Minutes and US retail sales data.
USD/ZAR Outlook: Doubtful South African Rand Centers on FOMC
The rand heads into the week with its focus firmly on local economic data and the upcoming FOMC meeting which could provide near-term directional bias for USD/ZAR.
Euro Forecast: EUR/USD Prepares to Break Critical 1.17 Support Level
Stronger GDP growth in the US than the Eurozone this year and an earlier tightening of US monetary policy will likely continue to put downward pressure on EUR/USD, taking it to new 2021 lows.