Forexlive Americas FX news wrap: US dollar gives up early gains Forex news for North American trading on August 25, 2021 The USD started the North American session as the strongest of the major currencies, but the gains started to be whittled away as the day progressed.
Why the Baby on Nirvana’s ‘Nevermind’ Album Is Suing Now Spencer Elden, 30, says Nirvana engaged in child pornography when the band used a picture of him naked on the cover of the breakthrough album.Spencer Elden says he has grown increasingly uncomfortable with how he came to be on the cover of “Nevermind.” This picture was taken in 2016 at the same pool, when he and the record were both 25.
SEC's Gensler Taps Wall Street Critic as Senior Adviser Gensler appointed the longtime director of investor protection at the Consumer Federation of America to serve as a senior adviser focused on policy issues, broker-dealer oversight and investment-adviser oversight,
Wall Street honchos and Chinese officials to meet, try to smooth relations The China-U.S. Financial Roundtable (CUFR) was formed in 2018 , citing an unnamed person familiar, it plans to meet again in the (northern) fall. Is this gonna be soybeans all over again?
Silver (XAG/USD) Price Forecast: Silver Resilience Holds Strong in Anticipation of Jackson Hole Silver prices remain above critical support ahead of the annual Jackson Hole Symposium, Federal Reserve remains a key catalyst for price action.
ICYMI - ECB's de Guindos says the ECB could revise its macroeconomic forecasts higher again Justin had this from the European Central Bank Vice-President de Guindos, link: And noted: Sure enough not much later we had: Stimulus is not going way any time soon, yep.
Biden, Needing a Win, Enters a Sprint for His Economic Agenda As his poll numbers slide, the president and his aides have mounted an aggressive pitch in Congress and around the country for his spending plans on infrastructure and more.President Biden during a virtual event with governors and mayors on the infrastructure package at the White House earlier this month.
Facebook Said to Consider Forming an Election Commission The social network has contacted academics to create a group to advise it on thorny election-related decisions, said people with knowledge of the matter.Facebook is expected to announce the election commission this fall, though discussions are preliminary.
Trade ideas thread - Thursday 26 August 2021 Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
Rand V. Araskog, Former Chief of ITT Corp., Dies at 89 Over two decades, during a tumultuous time for American business, he winnowed an unwieldy corporation and fended off corporate raids.Rand V. Araskog in 1980, shortly after he took over as chief executive and chairman of ITT.
ICYMI - US to bring forward its plans for COVID-19 vaccine booster shots Greg had the news on this earlier ICYMI: WSJ: Biden plan calls for Covid boosters at 6 months versus 8 months previously Plenty more at Greg's post ICYMI
U.S. Authorities Probing Deutsche Bank's DWS Over Sustainability Claims The Justice Department and the Securities and Exchange Commission are investigating whether Deutsche Bank asset management arm DWS overstated how much it used sustainable investing criteria to manage its assets.
He’s No Longer Host. But Mike Richards Is Still Running ‘Jeopardy!’ Defying a backlash over sexist and crude comments, a top Sony TV executive told the show’s staff that they were standing behind Mr. Richards as the executive producer.Mike Richards stepped down as the host of “Jeopardy!” last week.
S＆P and NASDAQ close at record highs 51st record close for the S&P today The S&P and Nasdaq is closing at yet another record close Financials, energy, industrials led the way to the upside, while healthcare, consumer staples, real estate and technology lagged.
Russell 2000 Rises and Approaches No Man’s Land, Jackson Hole Verdict in Focus The Jackson Hole Symposium could be the next bullish catalyst for the Russell 2000 if the Fed embraces patience and slow-walks its taper plans
Oil Extends Bullish Price Action as US Inventories Fall for Third Week The price of oil extends the recent series of higher highs and lows as US inventories contract for the third consecutive week.
Economic calendar due from Asia today - Thursday 26 August 2021 A Reserve Bank of Australia speaker up at 9.55am Sydney time, which is 2355 GMT. Unlikely to be too much of an AUD mover though: Also at 2350 GMT, Japan international
S＆P and NASDAQ on track for record closes again S&P looking to close over the 4500 level
Unemployment insurance reduces employment The claim in this title is one of the most well established claims in all of economics. If you are one of those “believe the science” people, then you should believe it to be true. It is based on the following pieces of evidence:
WSJ: Biden plan calls for Covid boosters at 6 months versus 8 months previously Wall Street Journal reports the Wall Street Journal's reporting that the Biden administration plans to speed up the vaccine boosters at six months instead of the previously expected eight months. The approval for boosters for all three Covid 19 shots is expected in mid-September.