Category Finance

Price index at $3883Whole milk powder +1.5% This article was written by Adam Button at www.forexlive.com.

What a run in stock markets. The S&P 500 is up 35 points today, or 0.6%, in what’s on track to be the seventh day of gains and is only a fraction away from taking out the July all-time high of 5669. So it’s a seven-day winning streak…

The USDJPY at the start of the US session needed to get to and through the 100-hour MA to increase. the bullish bias. It did just that after better data gave the buyers to go-ahead to move away from the lows. Yesterday, the price moved to the lowest…

Bitcoin has climbed above the September high in a strong turnaround from yesterday’s selloff. It’s up 5.3% or $3000 in the best gain in a week. Bitcoin has struggled to keep pace with the improving risk appetite in September and is well-below the summer highs as US stocks…

An incredible attack occurred in Lebanon today with 2800 members of Hezbollah and other Iranian-linked individuals wounded and 200 in critical condition. The pagers they were using exploded at the same time in what was surely some kind of long-planned attack. Hezbollah had been using cell phones to…

On the day: STOXX 600 +0.7%German DAX +0.5%Francis CAC +0.6%UK’s FTSE 100 +0.5%Spain’s IBEX +1.1%Italy’s FTSE MIB +0.6% Those are some decent gains, though I would have liked to have seen a better finish as a good portion of the gains evaporated late. This article was written by…

The Dow is still on pace for record high levels today, but the S&P backed off after trading to a new intraday high today. The old high was at 5669.67 from back on July 16. The high price today extended to 5670.82 before backing off. The current price…

This one isn’t going to make life easier for the Fed doves. The Atlanta Fed’s Q3 GDPNow tracker rose to 3.0% today from 2.5%. After recent releases from the Treasury’s Bureau of the Fiscal Service, the US Census Bureau, the US Bureau of Labor Statistics, and the Federal…

The Atlanta Fed GDPNow growth estimate was raised to 3% today from 2.5%. Now Goldman is also raising its estimate but only by 0.3% from the same 2.5%. They now see growth for Q3 at 2.8%. 2.8% or 3% and S&P/Dow at new record level, 50 basis points…

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