European major indices close modestly higher German Dax lower, France's CAC higher In other markets as European/London traders look to exit A snapshot in the forex market now shows the NZD as the strongest of the majors, while the JPY is the weakest.
Why I’m Optimistic About 2022 I know it can get depressing. I really hate this nonsense. But when I look at the charts, all the markets are indicating that this merry band of Climate Change fanatics who has organized the biggest scam in human history over COVID to change the economy suggests that they will FAIL.
Robinhood's Generosity Isn't Cheap For Shareholders Investors are paying a big premium for shares of the free-trading pioneer, whose biggest growth is now coming from cryptocurrencies.
UK covid cases rise to the highest since July 20 UK covid cases hit 35,847 The UK reported 35,847 new covid cases today, up from 30,838 on Tuesday. That is the highest number since July 20 when the reopening spike had begun to fade.
USDJPY moves to new highs helped by rise in yields 10 year moves up to 1.340% The USDJPY as risen to new highs help by a rising yields. The tenure yield has moved up to 1.34%. That's the highest level since August 13.
The bond market wakes up. US 10-year yields hit the highest since Aug 13 Taper back on the table? There's a sweet spot for many markets where delta pushed back the taper but the economy remains solid and rates stay low. Of course, that's an impossible paradigm to hold.
USDCAD keeps the up and back down symmetry Price bounces near lower swing area yesterday/today. The USDCAD price action over the last seven trading days has uncanny symmetry. The price started the rise to the upside back on August 17 after breaking above a swing area between 1.2580 and 1.2596.
Delta Air Lines to Impose $200 Monthly Surcharge for Unvaccinated Employees, Add Testing Requirements The airline will add the charge for unvaccinated employees enrolled in its healthcare plan.
EIA weekly US oil inventories -2979K vs -2683K expected Weekly petroleum storage data The API data from late yesterday showed: WTI Crude is back up to $67.51 from $67.20 ahead of this data. The larger draw in gasoline and the head-fake from API has led to some buying.
Former 'Good Morning America' Producer Sued for Sexual Assault Michael Corn left the company in April. The lawsuit accuses ABC of failing to investigate allegations promptly.
Delta steps up pressure on employees to get vaccinated. Unvaccinated workers have to wear masks and will soon have to take weekly coronavirus tests. Eventually, they will have to pay $200 in additional health care costs.
EU will discuss re-imposing travel restrictions on Americans Discussion will take place tomorrow Americans may face fresh travel restrictions to the EU due to covid. The EU will discuss fresh restrictions tomorrow. Frankly, I'm surprised they haven't done this already.
Euro and sterling rebound after the options cut Dollar gives back gains The euro and pound are back to unchanged on the day as they erase declines from the start of US trading. Today's trading is a bit like calling a sporting event where nothing is happening.
AUDUSD not going very far as buyers and sellers throw punches at each other 50% retracement above and swing area/200 hour MA below The AUDUSD is not going very far today with a 28 pip trading range. The pair has found sellers ahead of the 50% retracement above at 0.72659, and buyers below near the 200 hour moving average at 0.7240 and a swing area between 0.72368 and 0.72452.
Gold Price Recovery Stalls Ahead of Fed Economic Symposium The price of gold may consolidate ahead of the Fed symposium as the recent recovery in bullion appears to have stalled ahead of the monthly high ($1832).
Unvaccinated Delta Employees Could Lose Benefits Unvaccinated workers have to wear masks and will soon have to take weekly coronavirus tests. Eventually, they will have to pay $200 in additional health care costs.
Can Supersonic Flights Really Succeed? A supporter says we’re ready for a new leap in aviation. A critic says there won’t be enough passengers.
Didi Delays U.K., Europe Expansion Plans After Officials Raise Data Concerns The Chinese ride-hailing giant’s postponement is a sign of the uphill battle that Chinese tech companies face in Western markets.
The Contempt in Tangy Ranch Doritos Doritos as a case study in companies flavor-reverse-gaslighting their customers.
Oil falls back to unchanged on the day ahead of EIA inventory data Weekly US inventory data coming up Oil was one of the few markets with some life in it early in US trading but the bid in the dollar and apprehension ahead of the EIA US weekly oil report at 10:30 am ET has sapped the move.
US stocks are trading mixed in early US trading Dow down. S&P near unchanged. Nasdaq up modestly The major US stock indices are trading mixed in early US trading. Recall both the S&P and NASDAQ did close at record levels yesterday.