The major US stock indices are opening near unchanged on the day. Yesterday, shares were little changed as well with: Dow industrial average fell -56.68 points or -0.16% at 35333.48 S&P index fell -8.89 points or -0.19% at 4550.44 NASDAQ index fell -9.84 points or -0.07% at 14241.01 At the start of trading today, a
Yomiuri (Japanese medi) with the report that Japan’s top business lobby, Keidanren, will discuss the potential negative impact of the yen’s weakness on the economy at its meeting next month, on December 4. Keidanren is comprised of major companies including big automakers and electronics firms. These have, in the past, favoured a weak yen and
US DOLLAR, EUR/USD KEY POINTS POST FOMC MINUTES: MOST READ: Crypto Forecast: Will Bitcoin Have What it Takes to Break the $38k Mark? The US Federal Reserve released the minutes of the November FOMC meeting a short while ago with no real surprises and a rather subdued market reaction. This shouldn’t come as a surprise
Yesterday’s poor 30-year Treasury auction reverberated through the market but later in the day, many people were arguing that it should be ignored because a ransomware attack kept China’s largest bank — ICBC — out of bidding. Yellen now says there was no impact on the Treasury market from the attack. Could she mean that
Share: In one year, Americans will elect their president. Polls show Donald Trump in a neck-and-neck race with incumbent Joe Biden. Economists at Commerzbank analyze market implications of the US elections. Prolonged period with unclear winner to weigh on the markets for some time In 2024, it will likely be important to see
Implementation of Smart money set-up using the News impact indicator Smart money setup: https://www.youtube.com/watch?v=xL7HAuZMbjA News impact : https://www.mql5.com/en/market/product/78957 Selection of trading session (Europe, America, Asia) and trading time. The beginning and end of trading sessions are indicated by labels on the chart. Taking into account the context of important news. Determine for
EUR/USD FORECAST: EUR/USD trades largely directionless on Tuesday, moving between small gains and losses ahead of the Fed’s announcement The FOMC is set to unveil its September policy decision on Wednesday. No interest rate changes are expected, but the bank will release the eagerly-awaited “Summary of Economic Projections” This article analyzes possible scenarios for the
GBPUSD daily MUFG discusses the high possibility that this week’s UK labor report and the US CPI data could influence market expectations surrounding the Bank of England’s (BoE) rate hike. Recent statements from Governor Andrew Bailey and Chief Economist Huw Pill hint at a more dovish stance, which may affect the GBP’s performance in the
Share: Gold price recovers as investors await US labor market data. The US Dollar Index struggles for a firm footing as US Factory activities contract for ninth months consecutively. The impact of a decline in Gold demand, reported by the World Gold Council, starts fading. Gold price (XAU/USD) bounced back after gauging intermediate