Westpac exchange rate analysts note the potential for a further limited short-term dollar recovery, but does not expect strength will be sustained given the lack of yield support. "Absent a full complement of growth and yield support, sustained DXY upside is likely to prove fleeting." The bank recommends selling the dollar index at 92.0.
There is a lot going on and markets don't quite know what to make of it yet. Investors are digesting a deluge of corporate earnings, while also awaiting key weekly jobless claims data due later on Thursday.
Stocks moved higher in afternoon trading on Thursday, helped by strong company earnings as well as optimism that Washington can reach a deal for another round of fiscal stimulus for the millions of Americans who need it. The S&P 500 index was up 0.7% as of 12:13 p.m. Eastern.
Almanack Investment Partners, LLC. Buys BTC iShares Russell 2000 ETF, iShares MSCI EAFE Small-Cap ETF, BTC iShares MSCI EAFE ETF, Sells BTC iShares iBoxx USD Investment Grade Corporate B, SSGA SPDR S&P 500, CSIM Schwab US Dividend Equity ETF, Stocks: IWM,SCZ,EFA,QQQ,FNDX,DGRO,SLYG,VO,ARKK,IYR,MOAT,HY, release date:Feb 03, 2021
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday as rates for the capesize vessel segment slipped for a ninth straight session. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, slid 64 points, or 4.4%, to 1,380, its lowest level since Jan.
Investment bank HSBC has launched a pricing chatbot that uses artificial intelligence to give clients instant pricing and analytics for foreign exchange (FX) options. Named Sympricot, the chatbot uses natural language processing (NLP) to gather and analyse information on market colour, pricing and liquidity, including sources of information otherwise difficult to obtain such as event weightings, relative value analytics and volatility time-series charting.
San Diego, California, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Tesoro Enterprises, Inc. (OTCMKT: TSNP), which will soon be renamed HUMBL, Inc., announced today the product launch of its BLOCK Exchange Traded Index (ETXs) lineup in over one hundred countries across North America, Latin America, Asia, Middle East, Africa and the Caribbean.
WEST LAFAYETTE, Ind. and CHICAGO, Feb. 2, 2021 /PRNewswire/ -- The Purdue University/CME Group Ag Economy Barometer dropped 7 points in January to a reading of 167. While the Index of Current Conditions remained relatively flat, down 3 points to a reading of 199; the Index of Future Expectations fell 10 points to a reading of 151.
Muscat: The effective exchange rate index of Omani rial fell by 2.8 per cent to 102.8 points at the end of November 2020 compared to 105.8 points in the same period of 2019.
December opened the new season with maize and soybean prices plunging in the open market driven by the just concluded harvest period. However, Soybean prices trended upward on the back of increased demand by large buyers (institutional) amid limited supply.
REXEL ACQUIRES A CANADIAN UTILITY DISTRIBUTION BUSINESS FROM WESCO Rexel announced today it has acquired the Canadian Utility business of WESCO International ("WESCO Canada Utility"). WESCO International had sought to sell the business in connection with its Consent Agreement with the Competition Bureau of Canada regarding its merger with Anixter International, which closed in June 2020.
Digital Index Digital Index Spearheading Regulation In The Crypto Market LONDON, UNITED KINGDOM, January 30, 2021 / EINPresswire.com/ -- UK-based cryptocurrency trading platform Digital Index recently announced it has crypto asset trade association, CryptoUK.
The Baltic Exchange's main sea freight index dipped on Friday, notching its first weekly decline in seven, as the capesize vessel segment posted its worst week in eight months. The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, dropped 18 points, or 1.2%, to 1,452.
Opinion By George Cochrane Normal text size Larger text size Very large text size I am a single male aged 30, working full-time for the past 11 years in the Information Technology (IT) industry. My annual salary is about $170,000. My employer pays 15 per cent superannuation and my current balance is $120,000 - all invested in a high-growth fund.
The trouble with financial services firms is that they'll claim anything - anything - to sell you their more expensive services. The latest example came in a reader email. He's a successful investor, happily retired. He was quite satisfied with his mostly index fund portfolio. He has invested this way for decades.
WallSteetBets, which preaches their short squeeze investment strategy, has become the most popular group on Reddit by active users. FTX has launched a composite index for betting on assets discussed on /r/WallStreetBets. Currently, the index comprises of four tokenized stocks and two cryptocurrency in Dogecoin and FTX token.
(RTTNews) - Thomson Reuters (TRI, TRI.TO) Friday said the company and private equity funds affiliated with Blackstone have closed the sale of Refinitiv to London Stock Exchange Group plc (LSE.L) in an all-share transaction.Refinitiv is Thomson Reuters' former Financial & Risk
Canadian investment management firm Ninepoint has completed an initial public offering (IPO) of its bitcoin fund on the Toronto stock exchange. The company says the offering is the largest IPO of a bitcoin investment fund in Canada to date. Ninepoint Partners announced Wednesday that its Bitcoin Trust has completed an initial public offering (IPO) of CAD$230 million ($180 million).
Bank Of Stockton Buys BTC iShares S&P 500 Growth ETF, BTC iShares MSCI Emerging Markets ETF, BTC iShares S&P Mid-Cap 400 Growth ETF, Sells Lockheed Martin Corp, SSGA SPDR S&P 500, Air Products & Chemicals Inc, Stocks: IVW,EEM,IJK,ICF,ALB,WSM,WFC,VTIP,MNA,STPZ,LMT,LLY,, release date:Jan 29, 2021
Vanguard founder Jack Bogle said, "It's amazing how difficult it is for a man to understand something if he's paid a small fortune not to understand it." This might be the most accurate description of what occurs in the investment industry.