Category: Markets
-
USD/JPY moves above 143.00 | Forexlive
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Asian Equities Brace for Fed Effect, Yen Slips: Markets Wrap
•
(Bloomberg) — Asian stocks braced for tailwinds from a half-percentage-point interest-rate cut by the U.S. Federal Reserve and signs of more monetary policy easing in the coming months. Most Read from Bloomberg Japanese stock futures rose, while U.S. index futures rose, largely erasing Wednesday’s losses. The S&P 500 initially hit…
-
SoundThinking executive sells shares worth nearly $2,000 By Investing.com
•
Nasim Golzadeh, CEO of SoundThinking, Inc. (NASDAQ:SSTI) and executive vice president of Investigative Solutions, recently sold a portion of his stake in the company. The deal involved the sale of 166 shares of common stock on September 10, at prices ranging from $11.92 to $12.01, for a total of nearly…
-
Hong Kong’s central bank follows the Fed, cuts base rate by 50bp to 5.25%
•
You will notice that the HKCB prime rate is slightly higher than the federal funds rate. The Hong Kong dollar is traded within a range pegged to the US dollar set by the Hong Kong Monetary Authority. You can see the boundaries of the range in the chart below. The…
-
UAW members at Ford’s River Rouge tool and die unit set strike deadline By Reuters
•
(Reuters) – The United Auto Workers union said on Wednesday it has set a strike deadline at Ford Motor Co’s (NYSE:F) tool and die unit at the River Rouge complex over local contract issues. Ford’s Rouge complex, which employs about 6,000 people, has more than 500 workers in the tooling…
-
Forexlive Americas FX news wrap 18 Sep: Fed starts rate cuts with a 50 bp cut
•
The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable, and employment is not that low. The Fed…
-
Esperion CEO Sheldon Koenig sells shares worth over $26k By Investing.com
•
Sheldon L. Koenig, CEO of Esperion Therapeutics, Inc. (NASDAQ:ESPR), sold a total of 14,550 shares of the company’s common stock. The transaction, which occurred on September 17, 2024, was executed at a price of $1.796 per share, resulting in a total sale value of $26,131. According to the filing, the…
-
USDJPY moves back above the 100 hour MA at 141.07
•
The USD/JPY pair announced its rise after all and retreated from the low recorded last Wednesday at 140.71 but stopped before the low recorded in December 2023 at 140.248. The low reached 140.43. With the price back above the 100-hour moving average at 141.07, it keeps buyers in the game.…
-
Stocks Fluctuate With Fed Decision Coming Shortly: Markets Wrap
•
(Bloomberg) — Stock markets fell amid uncertainty over how aggressively the Federal Reserve will cut interest rates after keeping them at a two-decade high for more than a year. Most Read from Bloomberg The S&P 500 was little changed after briefly surpassing an all-time closing high earlier this week. Treasury…
-
Exclusive-Commerzbank readies talks with UniCredit but remains defensive By Reuters
•
By John O’Donnell and Tom Sims FRANKFURT (Reuters) – Commerzbank is set to put Chief Financial Officer Bettina Urlaub at the head of talks with UniCredit when the German lender’s supervisory board meets next week as the Italian rival eyes a takeover, two people familiar with the matter said. UniCredit…
-
Video: One spot to fade after today’s FOMC decision
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
France stocks mixed at close of trade; CAC 40 down 0.57% By Investing.com
•
Investing.com – French stocks were mixed after the close on Wednesday, as gains in the , and stocks sectors led higher while losses in the , and stocks sectors led lower. At the close of the Paris Stock Exchange, the US stock market index fell by 0.57%, while the index…
-
What is the technical roadmap for the USDCHF through the FOMC rate decision.
•
In this video, I take a look at the technical roadmap for traders through the FOMC rate decision. What could increase the bearish bias and why? What could shift the bias to the upside – at least in the short term. With the price falling and trading near the 2024…
-
US stocks mixed with Fed, rate cut on tap By Investing.com
•
Investing.com – Stocks on Wall Street moved around both sides of the flat line on Wednesday as investors focused ahead of a historic decision by the Federal Reserve that is likely to lead to its first interest rate cut since March 2020. By 09:53 ET (13:53 GMT), the benchmark index…
-
3 Reasons You’re Not Meeting Your Trading Goals
•
One of the most important topics we have discussed before is the need for traders (especially beginners) to Focus on the process rather than the profits. The idea is that a good, disciplined trader can always turn the odds in his favor if he hones his skills enough to handle…
-
ForexLive European FX news wrap: Sterling up after UK CPI, markets mixed awaiting Fed
•
Headlines: Markets: NZD advances, USD lags during the day European stocks lower; S&P 500 futures up 0.1% US 10-year Treasury yields rise 2.8 basis points to 3.677% Gold rises 0.4% to $2,578.75 West Texas Intermediate crude fell 0.9% to $69.22. Bitcoin down 0.7% to $59,913 It’s all about the countdown…
-
Amazon names veteran Samir Kumar as new India head By Reuters
•
Written by Sai Ishwarbharat B and Varun Vyas Heppalalu (Reuters) – Amazon.com Inc appointed Sameer Kumar as its new India chief on Wednesday, handing the reins to a 25-year veteran as the e-commerce giant faces stiff competition and regulatory pressure in the country. Kumar was part of the team that…
-
Dollar cedes to yen ahead of Fed decision By Reuters
•
By Tom Westbrook LONDON (Reuters) – The dollar gave up some overnight gains against the yen on Wednesday as investors adjusted positions at the last minute before a policy meeting expected to kick off the U.S. monetary easing cycle. The US Federal Reserve is expected to cut interest rates for…
-
Canada’s Annual Headline CPI Slowed to 2.0% in August, Lowest Reading Since February 2021
•
Canada released another batch of weaker-than-expected inflation numbers, with the core consumer price index slowing from 2.5% to 2.0% year-over-year in August — its lowest reading since February 2021. On a monthly basis, the headline CPI fell 0.2% versus consensus for a flat reading and a previous increase of 0.4%.…
-
NZDUSD Technical Analysis – The USD stays under pressure ahead of the FOMC
•
Basic Overview Last Thursday, The Wall Street Journal’s Timiraos published an article that seemed to suggest that a 50 basis point cut was still under discussion. The market responded by raising the odds of a 50 basis point cut to about 40% from 13% before the news. Nick Timiraos is…