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Wall Street ends up sharply, led by gains in tech shares
(Reuters) -U.S. stocks ended sharply higher on Monday, led by gains in technology shares after last week’s steep market sell-off, while mining shares rose as the retail trading frenzy shifted to silver. Slideshow ( 3 images )Investors also watched talks over the latest U.S. COVID-19 relief package.
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Where Did You Gold? - U.S. Stimulus Measures May Affect Gold Price
Illustration photo of Gold Price H4 Chart from dailyfx.com Gold prices continue to consolidate near $1850. However, the greenback’s rise puts pressure on the precious metal. Current U.S. politics, new COVID-19 economic stimulus measures, impact of a global vaccination and the new coronavirus strain
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UPDATE 2-British vaccines push pound to highest since May against euro
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Updates prices) LONDON, Feb 1 (Reuters) - The pound rose on Monday to its highest level against the euro since May 2020, boosted by optimism over Britain’s COVID-19 vaccine rol
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(DAILY NOTION): A Chink Appears in Wall Street's Armour, Next Mover: Nonfarm Payrolls, Earnings Report
NASDAQ 100 (as of Feb 1, 2021 at 12 p.m.) Source: Yahoo Finance SPX 500 Futures (as of Feb 1, 2021 at 12 p.m.) Source: Yahoo Finance US30 Futures (as of Feb 1, 2021 at 12 p.m.) Source: Yahoo Finance The SPX500 futures rose 0.31%, followed by US30, which gained 0.30% and the NAS100, which was up 0.16
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Exclusive: Edgewater Markets Launches EdgeFXAsia
Photo: Singapore (Bloomberg) Edgewater Markets, a leading FX technology solutions provider, announced today that it has launched EdgeFXAsia to eliminate major latency issues for regional clients. EdgeFXAsia is powered by the company’s ultra-low latency proprietary technology. According to the offici
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Ashley Jessen Appointed to Chief Operating Officer at ACY Securities
Photo: Ashley Jessen, Chief Operating Officer, ACY Securities. ACY Securities has recently appointed Ashley Jessen to Chief Operating Officer, effective immediately. Finance Magnates recently learned that Ashley Jessen, a financial services veteran, has been promoted by ACY Securities, one of Austra
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AUD/NZD Price Analysis: Decline finds support around the 55-SMA
Bias continues to point to the downside in AUD/NZD. Price testing the dynamic support at the 55-SMA. Key event ahead: Reserve Bank of Australia meeting on Tuesday. The AUD/NZD continues to decline after hitting two weeks ago at 1.0843, the highest level since mid-October. After breaking under 1.0800
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Fx: New month, new opportunities?
Investors kicked off the month of February with renewed optimism as equities and currencies rebounded after last month’s losses. A new month brings new opportunities and that could begin tonight with the Reserve Bank of Australia’s monetary policy announcement. This is a busy week for international
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Where Did You Gold? - Gold Falls as U.S. Dollar Rises
Illustration photo of Gold Price H4 Chart from dailyfx.com Gold prices return to $1845 as risk decreases after the protests in the U.S. Capitol. The country’s economic stimulus is expected to revive and generate a favorable market outlook. However, there are four factors that may affect the market:
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