Forex News
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The Philadelphia Phillies recently raised close to $500 million in capital from three new investors in a transaction that values the Major League Baseball team and its 25% stake in regional sports network NBC Sports Philadelphia at about $3 billion, according to two people familiar with the deal. As part of the transaction, two existing owners, managing ...
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After Donald Trump won the 2024 the presidential election, the world’s richest got even richer. On Wednesday, the 10 wealthiest people on the planet gained a whopping $63.5 billion, a one-day record, Bloomberg reported. The list is led by Elon Musk, a vocal Trump supporter, whose net worth jumped 10.1 percent to $290.3 billion. Among the top 10, just one ...
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The Volume-Weighted Average Price (VWAP) indicator is a great alternative to standard moving averages. Although moving averages are popular and widely available, forming the basis of many trading platforms and indicators such as Bollinger Bands, they have certain limitations. Moving averages calculate an average price based on time frames but do not take ...
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ran signalled an openness towards Donald Trump on Saturday (Nov 9), calling on the US president-elect to adopt new policies towards it after Washington accused Tehran of involvement in a plot to kill him. Vice President for Strategic Affairs Mohammad Javad Zarif urged Trump to reassess the policy of "maximum pressure" he employed against the Islamic ...
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US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in the home stretch toward the Federal Reserve’s target. The core consumer price index due on Wednesday, which excludes food and energy, likely rose at the same pace on both a monthly and annual basis compared to September’s readings. The overall ...
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European Central Bank Governing Council member Robert Holzmann said a December interest-rate cut is a possibility but by no means guaranteed, according to an interview with Kleine Zeitung published on Sunday. “As things currently stand, the possibility exists, there’s nothing at the moment that would speak against it, but that doesn’t mean that it will ...
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US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in the home stretch toward the Federal Reserve’s target. The core ...
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Two of the most tumultuous weeks of the year are behind us. The sweeping GOP victory in the US cannot be considered anything but a mandate. The shock experienced in 2016 is not ...
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Republicans on Saturday were close to clinching control of the U.S. House of Representatives, a critical element for President-elect Donald Trump to advance his agenda when he ...
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European Central Bank Governing Council member Robert Holzmann said a December interest-rate cut is a possibility but by no means guaranteed, according to an interview with Kleine ...
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I wrote on 3rd November that the best trade opportunities for the week were likely to be: Long of Gold in USD terms following a daily close above $2,787. This did not set up. Long of the S&P 500 Index following a daily close above 5,878. This set up at Wednesday’s close, and the Index rose by a further 1.12% over the remainder of the week. The weekly gain ...
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USD/JPY remains linked to the US interest rate outlook, especially long-term Treasury yields. With key data like CPI, PPI, and retail sales due this week, it could influence Fed rate cut expectations. While strong data may boost short-term yields, signals from rates futures suggest the highs may already be in. Price momentum is also keeling over, favouring ...
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“China is not an open market, but it is a great market,” Sophie Squillacioti, MultiBank’s Head of China Sales, told Finance Magnates when discussing the intricacies of the Chinese forex and contracts for differences (CFDs) market. She added: “The Chinese market is very developed in this industry.” “Many mistakenly believe that the Chinese market is new, but ...