The major US stock indices are closing the day higher with the Nasdaq index leading the way. The gains today negated the losses yesterday. Recall, that the major indices are up 4 consecutive weeks. Those strings are on the line for the major indices. For the day: DJI (Dow Jones Industrial Average): 35416.97, up by
Flu is one of the main causes of the increase in cases; The country must guarantee the supply of medicines and open more areas for medical treatment. China’s health commission said a combination of pathogens is causing a rise in acute respiratory infections across the country, and reiterated comments to assuage concerns that a new
The USD is moving to new session lows vs all the major currencies with the exception of the JPY. The declines come despite rise in US yields. The US 2-year is up 3.2 bps, the 10-year is up 5.8 bps, and the 30-year is up 5.6 bps. EURUSD: EURUSD moves from 100 hour MA The
OIL PRICES FALL AFTER US REPORT, BUT THE TREND IS TO RISE UNTIL THE END OF THE YEAR. لینک منبع : هوشمند نیوز
© Reuters. The dollar showed signs of weakness today, with the pair falling from a high of 148.70 in Asia to a low of 148.10 in Europe, even as U.S. Treasury yields edged up nearly four basis points to 4.480%. This divergence occurred amidst a mixed performance in European equities and stable , suggesting a
© Reuters. In a notable financial update, India’s foreign exchange (forex) reserves have surged by $4.672 billion, reaching a seven-week peak of $590.783 billion for the week ending on November 3. This increase was highlighted in Mumbai on November 10 by a syndicated news feed and comes after the Reserve Bank of India (RBI) reported
Share: USD/JPY is back below the 150.00 level. Nonetheless, economists at MUFG Bank expect the pair to rise further. Yen sellers will remain reassured until the next BoJ policy meeting in December Rising US interest rates continue to put upward pressure on the USD/JPY. Concerns about currency intervention by the Japanese authorities have
Share: The Bank of Japan’s (BoJ) published its quarterly outlook report, following its October policy meeting, with key highlights noted below. Key takeaways (via Reuters) Japan’s economy likely to continue recovering moderately. Inflation likely to slow, then re-accelerate as wages rise, inflation expectations heighten. Uncertainty over Japan’s economic, price outlook very high . Must be vigilant to
© Reuters. The British Pound (GBP) is outperforming as the strongest major currency with the Australian Dollar (AUD) lagging, while the U.S. Dollar (USD) exhibits mixed performance. This comes as U.S. bond yields rise, reflecting market expectations for sustained high-interest rates driven by a robust U.S. economy. The Federal Reserve Chair has hinted at a
Share: All major weather agencies have formally announced the onset of El Niño. Strategists at ANZ Bank believe El Niño related disruptions will be short-lived and contained for the Asia-Pacific. El Niño is a regional story While production losses due to El Niño will exert upward pressure on food commodity prices in Asia
