USDJPY tests its overhead 100 day MA at 109.657 and finds sellers leaning First look at the 100 day moving average finds willing sellers The USDJPY has made it up to test its 100 day moving average at 109.657. The high price just reached109.651 where it found risk focus the sellers leaning on the first look.
European shares close mostly lower. UK FTSE 100 an exception German Dax down for the second consecutive day The provisional closes are showing: Looking at other markets as London/European traders look to exit: In the European debt market, the benchmark 10 year yields are also higher with Spain leading the way with 81.2 basis point increase.
People Now Spend More at Amazon Than at Walmart Proof that the online future has arrived: The biggest e-commerce company outside China has unseated the biggest brick-and-mortar seller.An Amazon's distribution center on Staten Island.
Weak Retail Sales Offer Preview of Coming Attractions as Delta Variant Spreads July’s weak retail sales data might be just a preview of a weak August as the Delta variant of Covid-19 inhibits consumer confidence.
AUDUSD moves away from 2021 low at 0.72889 Trades to lowest level since November 2020 The low today tested a swing low going back to November 19 at 0.72539. A move below that level would next target the November 13, 2020 low at 0.7221.
Breathing Machine Recall Over Possible Cancer Risk Leaves Millions Scrambling for Substitutes People with sleep apnea and other ailments who rely on CPAP and more than a dozen devices made by Philips are facing lengthy delays for replacements.Donald Camp of Falls Church, Va., uses a continuous positive air pressure device to combat his sleep apnea.
Michael Moore joins other prominent writers on Substack. His newsletter will be offered for free, and readers will have the option to pay a subscription fee to access video chats and previews of his upcoming projects.Michael Moore has published an email newsletter since the early 1990s, using it to rally support for causes like stricter gun control laws and to get the word out on his films.
The global dairy trade price was up 0.3% to $3827 Breaks string of 8 consecutive declines The most recent global dairy trade auction is showing a modest increase of 0.3% to $3827. That is the first increase after eight straight negative readings.
USDCHF moves back above 100 day MA Also back above 50% midpoint of the August trading range For the USDCHF, it has seen a move lower earlier in the day on the flight into the relative safety of the CHF.
Gold Price Forecast: Four-Day Rally Stalls Ahead of 50-Day SMA Lack of momentum to climb back above the 50-Day SMA ($1800) may undermine the recent recovery in the price of gold as a ‘death cross’ takes shape in August.
EURUSD tests swing level ahead of the 2021 low Swing area at 1.1723 -1.17248. August low and 2021 low at 1.17035 to 1.17053 The EURUSD has continued its move to the downside and tests a swing area between 1.1723 and 1.17248 (see green numbered circles). A move below that level openss the door for a retest of the August low at 1.17053.
China Steps Up Direct Involvement in Internet Content Firms China is taking a more direct hand in managing internet content companies by acquiring stakes, filling board seats and sending dedicated regulators to police content at firms more frequently.
Impact of covid-19 on Touchpad Button market Report to 2026 â€“ Industry Demand Analysis and Current Trend - Northwest Diamond Notes Impact of covid-19 on Touchpad Button market Report to 2026 â€“ Industry Demand Analysis and Current Trend Northwest Diamond Notes
US business inventories for June +0.8% versus +0.8% estimate US business inventories for June 2021 - was +0.5% revised to +0.6% - business inventories for June MoM 0.8% versus 0.8% estimate - business sales +1.4% versus -0.2% in May (revised from -0.3 percent).
US NAHB housing market index for August 75 versus 80 estimate US home builder sentiment report - was 80 - housing market index 75 versus 80 estimateThat is the lowest since July 2020 - NAHB housing market index for August 75 versus 80 estimate
Class conflict is back at the core of economics Workers’ unexpected bargaining power could also help boost the profits of business
GBPUSD cracks below 200 day MA Price of GBPUSD also falls below 50% midpoint of move up from the July 20 low The GBPUSD cracked below its 200 day moving average at 1.3777. Also near that level is the 50% retracement of the move up from the July 20 low ( see hourly chart below). The breaking of those key levels has
Michael M. Thomas, R.I.P I am very much saddened by the death of Michael M. Thomas, from old money and high finance, and vocally unimpressed by them.
Closure of 50 city arcades raises queries on building guidelines - Daily Monitor Closure of 50 city arcades raises queries on building guidelines Daily Monitor