Month: July 2021

NZDUSD long on a dovish hand The last FOMC meeting in June resulted in a shift higher in the USD. The reason was due to the dot plot shift which demonstrated that FOMC board members saw interest rates coming sooner than they had previously. This resulted in some USD strength and chatter that the ‘reflation’
AUDUSD is prone to be the weakest performer among majors in July. The selloff accelerated 2 weeks ago as the resurgence of coronavirus has triggered lockdown in New South Wales, Victoria and South Australia. In the near-term, sentiment over the currency pair could remain weak as state governments would likely extend the lockdown to prevent
In this article GOOGL Sundar Pichai, chief executive officer of Alphabet Inc., pauses during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. Geert Vanden Wijngaert |
No record closes for major indices The major US indices have snapped their five day winning streak ahead of the key earnings including Alphabet, Apple, Microsoft, AMD, Starbucks.   Microsoft is trading down $3.11 at $285.94 Apple is trading down $2.42 at $146.57 Google is trading down $-48.99 at $2631.71 AMD is trading down $-0.92 at
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New Delhi: Gold in the national capital on Tuesday dipped Rs 123 to Rs 46,505 per 10 grams amid weak international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,628 per 10 gram. Silver also went lower by Rs 206 to Rs 65,710 per kg,
Overall markets are in risk-off mode today, started with steep selloff in Hong Kong and China stocks. Nevertheless, losses in Europe are limited, while DOW future is just slightly lower. In the currency markets, commodity currencies are the worst performing ones, as led by New Zealand Dollar. Yen is the strongest one, followed by Swiss
WTI has held in familiar resistance territories ahead of the Federal Reserve.  Most economists in Reuters polls were worried about new variants of the coronavirus. US West Texas Intermediate (WTI) was around 0.6% down into the closing bell on Wall Street as investors fret around the risks in the new global wave of the coronavirus Delta variant to
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