Major indices close near session highs The major indices are closing near the session highs for the day. The final numbers are showing For the trading week: Continue Reading:… Search Web:…
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Hong Kong plunges more than 5% as Beijing plans to impose new security laws
…Shares in Australia also declined, with the S&P/ASX 200 closing 0.96% lower at 5,497. Overall, the MSCI Asia ex-Japan index dropped 2.68%. Hong Kong plunges more than 5% as Beijing…
NEWS: The German government has reportedly agreed the Lufthansa rescue offer May 20, 2020 at 10:46PM
German airline Lufthansa bail out agreed to reports newspaper Handelsblatt – government to a 20% stake – and a convertible bond worth 5% Its not fully locked in, but…
NEWS: China’s Wuhan has officially banned the eating of wild animals May 20, 2020 at 10:35PM
Wuhan was the epicentre of the coronavirus pandemic in China. Its a big city, with a population of around 11m people. City authorities there have officially banned the eating…
NEWS: ICYMI – US House rep. Sherman introduced legislation on more closely scrutinising China firms May 20, 2020 at 10:29PM
The legislation is aimed at ensuring ‘foreign companies’ listed for trading on US stock exchanges are subject to the same rigorous accounting audit oversight as U.S. companies. Continue Reading:……
NEWS: Kuwait and Saudi will halt output from the joint Al-Khafji oil field for June May 20, 2020 at 10:20PM
Kuwait and Saudi Arabia will halt production from their joint oil field as of June 1 for one month – production from Al-Khafji field will automatically resume as of…
NEWS: Huawei update – US regulators examining closing chipo loophole May 20, 2020 at 10:17PM
…Huawei update – US regulators examining closing chipo loophole Recent Posts NEWS: USD/JPY extends consolidation phase to start the week May 25, 2020 at 08:33AM NEWS: China says that acts…
NEWS: US sells 20-year bonds at 1.220% vs 1.213% WI May 20, 2020 at 06:02PM
Results of the Treasury’s $20 billion 20-year auction This was the first auction of 20-year bonds since 1986 and there was a small tail. I don’t think that’s going…
NEWS: Fed’s Bullard: Still possible to have V-shaped recovery May 20, 2020 at 05:30PM
Comments from the St Louis Fed President Bullard is the kind of guy you wish was sitting beside you and trading, so you could fade every move he made….
NEWS: US dollar catches a quick bid May 20, 2020 at 05:19PM
I’m not sure what’s behind this The Senate passed a bill aimed a boosting oversight of Chinese control. They would have to certify no foreign government control and that…
The UK just sold its first ever negative-yielding government bond
May 20, 2020 at 06:02PM The U.K. borrowed at a negative interest rate for the first time on Wednesday, amid growing fears of a deep global recession and expectations…
NEWS: Major European indices closing higher, reversing earlier session lows May 20, 2020 at 04:45PM
German DAX rises 1.5%. France’s CAC up 0.9% The major European indices are closing higher and in the process reversed earlier session lows. Provisional closes are showing: Continue Reading:… Search…
China’s New Outbreak Shows Signs the Virus Could Be Changing
…project stability and control. The northeast provinces have ordered a return of lockdown measures, halting train services, closing schools and sealing off residential compounds, dismaying residents who had thought the…
NEWS: Nikkei 225 closes higher by 0.79% at 20,595.15 May 20, 2020 at 07:00AM
…closing stages in Asia Pacific trading. Continue Reading:… Search Web: Nikkei 225 closes higher by 0.79% at 20,595.15 Recent Posts NEWS: USD/JPY extends consolidation phase to start the week May…
NEWS: European equity close: Italy and Spain slump May 19, 2020 at 04:38PM
Closing changes for the main European bourses: There’s a bit of tunnel vision on the picture in US stocks but it’s not nearly as pretty elsewhere. Here’s Italy’s MIB: See…
NEWS: EU commission head now speaking on Franco – German proposal May 18, 2020 at 04:35PM
…risen sharply and are closing near highs for the day. Continue Reading:… Search Web: EU commission head now speaking on Franco – German proposal Recent Posts NEWS: USD/JPY extends consolidation…
NEWS: Forexlive Americas FX news wrap: Retail sales plunge a record 16.4% May 15, 2020 at 09:52PM
Forex news for NY trading on May 15, 2020 In other markets: – Spot gold is ending higher on the day and closing the week at the highest closing level…
NEWS: Major indices close at session highs May 14, 2020 at 09:04PM
Dow leads the way It was an up and down day with lots of of volatility. At the end of the day, the major indices are closing higher and at session highs. The biggest gainer…
NEWS: Stocks slide and tumble into the close. Major indices close near session lows. May 12, 2020 at 09:09PM
NASDAQ and S&P index fall over -2% The major stock indices tumbled lower into the close, with the NASDAQ and S&P index both closing over -2% on the day. The final…
NEWS: European indices close with mixed results May 12, 2020 at 04:54PM
Spain’s Ibex leads the way higher. German Dax near unchanged The European indices are closing with mixed results. A look at the closing levels are shows: Continue Reading:… Search Web: European…
NEWS: Nikkei 225 closes lower by 0.12% at 20,366.48 May 12, 2020 at 07:02AM
…Composite is down by 0.2% ahead of the closing stages today. Continue Reading:… Search Web: Nikkei 225 closes lower by 0.12% at 20,366.48 Recent Posts NEWS: USD/JPY extends consolidation phase…
NEWS: Economic data coming up in the European session May 12, 2020 at 05:23AM
Not a whole lot on the data docket once again US futures are also down by about 0.7% on the day currently, with the S&P 500 closing at flat levels…
China’s purchases of US goods will fall way short of ‘phase one’ trade deal due to the coronavirus
…likely to show a huge falloff due to the collapse of Chinese travel and tourism and the early closing of U.S. universities,” he added. Several factors were behind the decline…
NEWS: Stocks close the week with positive gains for the 1st time in 3 weeks May 08, 2020 at 09:10PM
…closing near session highs for the day. Continue Reading:… Search Web: Stocks close the week with positive gains for the 1st time in 3 weeks Recent Posts NEWS: USD/JPY extends…
U.S. drillers expected to slash oil & gas rigs to lowest ever
…closing production to offset a global glut. Consumption has picked up modestly in the last couple of weeks, but the overhang of supply is expected to last for months, if…
NEWS: WTI June contract settles at $23.55 May 07, 2020 at 07:43PM
Down $0.44 or -2.27% The July contract is closing at $24.83. That’s down $0.79, or -3.08% Saudi’s Aramco raise its June light official selling price to Asia today which helps support the…
NEWS: US stocks set to open higher but off premarket peaks. NASDAQ could go positive for the year. May 07, 2020 at 02:28PM
…The index closed at 8854. Adding 100 points would take the index up to 8967. That is close to the end of year closing level of Continue Reading:… Search Web:…
Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving
…Closing Bell program Monday. “You talk about inflation in fiat currencies where the [Federal Reserve] is printing money like a money-printing machine and in the bitcoin space the money supply…
NEWS: S&P and Dow close at session lows May 06, 2020 at 09:07PM
NASDAQ are on the day but off the session highs the S&P index and Dow industrial average are both closing at/near session lows. The NASDAQ index remained higher on the…
NEWS: Major indices close higher, but well off the highs for the day May 05, 2020 at 09:02PM
NASDAQ index leads the way but off 100 points from session highs the major indices are closing higher but well off the highs for the day. Comments from The final…
Oil surges 20% in fifth straight day of gains on demand recovery and production cuts
…prices higher. West Texas Intermediate, the U.S. benchmark, jumped 20.5%, or $4.15, to trade at $24.54 per barrel. The contract gained 3.08% on Monday — closing above $20 for the…
NEWS: European shares end the session with solid gains May 05, 2020 at 04:37PM
…are shrugging off the decision and closing higher on the day: Continue Reading:… Search Web: European shares end the session with solid gains Recent Posts NEWS: USD/JPY extends consolidation phase…
NEWS: Major indices close near session highs. May 04, 2020 at 09:09PM
Dow was down -362 points at the low The major indices are closing higher and near session highs. Hopes for a successful reopening of America is helping the indices move higher…
Half of U.S. states easing coronavirus restrictions as jobless numbers grow
…18.4% of the U.S. working-age population, a level not seen since the Great Depression of the 1930s. Physical separation of people – by closing schools, businesses and other places of…
NEWS: China official PMIs for April. Manufacturing 50.8 (expected 51.0) April 30, 2020 at 02:00AM
…consumer, services higher is a sign the gap may be closing. Continue Reading:… Search Web: China official PMIs for April. Manufacturing 50.8 (expected 51.0) Recent Posts NEWS: USD/JPY extends consolidation…
NEWS: Nasdaq trades to new session high April 29, 2020 at 07:45PM
S&P and Dow still off highs The NASDAQ index is trading to a new session high at 8923.719. That is up 3.66% on the day. The closing level from 2019 comes in…
FxPro Daily Insight for April 29
April 29, 2020 at 02:11PM Market overview Futures on the SP500 added 1.1% before the start of the New York session closing almost unchanged the day before. Positive dynamics is…
These countries effectively contained the coronavirus, and their currencies are surging in response
…Since then, it has surged 11.4% and last changed hands at $0.6460. Australia acted swiftly when the outbreak surfaced in the country, closing off its borders and imposing movement restrictions….
NEWS: European shares end the day with solid gains April 27, 2020 at 04:51PM
…CAC, and Italy’s FTSE MIB are closing near highs for the day. Continue Reading:… Search Web: European shares end the day with solid gains Recent Posts NEWS: USD/JPY extends consolidation…
N.Korea Activist: ‘Coward’ Kim Jong-un is Alive, Hiding from Coronavirus
…to skepticism towards the authenticity of the data provided by the state. The U.S. is quickly approaching a million coronavirus cases despite closing its borders to China in February, but…
NEWS: European equity close: More losses in a tough week April 24, 2020 at 04:46PM
Closing changes for the main European bourses: On the week: There is a similar picture in many equity markets of consolidation and uncertainty. The lack of urgency for more stimulus…
NEWS: The Brazilian real hits all time low as it’s the worst emerging market currency this year April 23, 2020 at 08:26PM
Hard times in Brazil The market seems to love the idea of opening up while hating the idea of not closing at all. USD/BRL hit a record today at 5.50….
NEWS: US House majority leader Hoyer says could vote as early as Thursday on aid plan April 21, 2020 at 05:26AM
…as Congress is closing in on sealing a $450 billion aid plan to help small businesses and hospitals, with a possible vote at the Senate later today. Continue Reading:… Search…
NEWS: Gold climbs 1% as US government gets ready to pour another $500B on the bonfire April 20, 2020 at 05:33PM
…is closing in on a deal for another roughly $500 billion in spending. We’re somewhere in the neighbourhood of a $4-$5 trillion deficit now. Continue Reading:… Search Web: Gold climbs…
NEWS: European equity close: Solid gains turn the week green April 17, 2020 at 04:35PM
Closing changes for the main European bourses: On the week: See here for global coronavirus case data Continue Reading:… Search Web: European equity close: Solid gains turn the week green…
NEWS: European shares close with mostly modest gains April 16, 2020 at 04:40PM
German Dax up 0.5% The European shares are closing with mostly modest gains as Germany works toward the reopening of the economy. The provisional closes are showing: Continue Reading:… Search Web:…
NEWS: Nikkei 225 closes lower by 1.33% at 19,290.20 April 16, 2020 at 07:11AM
…Composite is up by 0.1% ahead of the closing stages. The turnaround in US futures is also helping the risk mood a little but it isn’t really Continue Reading:… Search…
NEWS: Nikkei extends gains to over 3% on the day April 14, 2020 at 06:38AM
Japanese stocks surge higher ahead of the closing stages ForexLive It has been mostly one-way traffic for risk trades in Asia Pacific trading, as we see the Nikkei push higher…
NEWS: Major indices close higher led by the Dow and S&P April 08, 2020 at 09:04PM
Dow and S&P rise by 3.4% the major indices are closing higher with the Dow and S&P leading the way. Each rose by over around 3.4%. The NASDAQ index lagged…
FxPro Daily Insight for April 8
April 08, 2020 at 02:34PM Market overview Futures for S&P500 added 1.2% after closing almost zero the day before. All worsening economic forecasts against the background of general lockdown do…
NEWS: Major European indices close the day with gains, but well off session highs April 07, 2020 at 04:46PM
German Dax up 2.73%. France’s CAC up 1.96%. UK’s FTSE 100 up 2.0% The major European stock indices are closing the day with gains, but well off session highs. Continue…
NEWS: Japan PM Abe: State of emergency is not like lockdown seen overseas April 07, 2020 at 11:20AM
Comments by Japanese prime minister Shinzo Abe – Will certainly not be closing roads – Essential public services will operate as normal – Want people to refrain from going to…
Stocks Surge to 3-Week High on Easing Virus Toll
…The yen weakened and Treasuries fell. The benchmark S&P 500 Index surged late in the trading session to finish up 7%, closing at the highest level since March 13. New…
NEWS: Major US stock indices rocket higher into the close April 06, 2020 at 09:07PM
…a catalyst. The major indices are closing with oversized gains with the S&P bringing up the rear with a impressive 7.03% rise Continue Reading:… Search Web: Major US stock indices…
NEWS: Equities extend gains ahead of European trading April 06, 2020 at 06:48AM
The Nikkei is now up by over 4% ForexLive Asian equities are keeping higher ahead of the closing stages, with the Nikkei seeing gains of over 4% while the Hang…
NEWS: US major indices close lower but off the low levels for the day April 03, 2020 at 09:04PM
Prices recover in the last hour of trading The major indices are closing lower but off the low levels for the day. The last hour of trading saw prices move higher. The major…
NEWS: European equity close: Lower with Italy lagging April 03, 2020 at 04:39PM
Closing changes for the major European markets: Italy closed on the lows but the consolidation/wedge continues. This pattern doesn’t look like it will last for long: Continue Reading:… Search Web:…
Brent reverses losses to rise above $30/bbl in early European trading
…much as 47% during Thursday’s session, its highest intraday percentage gain ever, before closing 21% higher, but still at less than half the $66 it was trading at at the…
NEWS: Nikkei 225 closes flat at 17,820.19 April 03, 2020 at 07:04AM
…towards the closing stages. The former is down by 0.6% while the latter is also down by 0.6% currently. Continue Reading:… Search Web: Nikkei 225 closes flat at 17,820.19 Recent…
Italy Reports Leveling Off of Virus Deaths, New Cases
…in at least one month. Italy has been under lockdown since early March, shutting down all non-essential economic activity, closing restaurants, bars and all public venues and banning movement within…
Dow Jones Bounces Off Lows, Remains Under Pressure After US PMI
April 01, 2020 at 03:36PM ISM manufacturing data for March crossed the wires at 49.1 percent marking the worst print since 2009 as covid-19 continues to shutdown the US…
NEWS: US weekly EIA crude oil inventories +13833K vs +3300K expected April 01, 2020 at 03:30PM
Weekly US crude oil inventories API yesterday: The US put nearly 14million barrels of oil into storage last week. Oil briefly kicked lower on the headlines but has stabilized….
NEWS: Germany extends nationwide lockdown until April 19 April 01, 2020 at 03:28PM
Germany remains closed for business Germany is managing well but the numbers are still climbing. “We are far off achieving what we need to achieve,” Merkel said. Continue Reading:……
NEWS: Not even the greatest hedge fund in history dodged the rout in March April 01, 2020 at 03:26PM
Two Renaissance Technologies funds were down 17% and 13%, respectively Renaissance Technologies is undoubtedly the greatest money-making machine in history. The quant-based Medallion fund at Renaissance is unparalleled. It…
NEWS: GBPUSD moves back toward closing levels April 01, 2020 at 03:20PM
The pair remains in an up and down range above the 100 hour MA The GBPUSD has moved back toward the closing levels on the day after an earlier decline has…
NEWS: Nikkei 225 closes lower by 4.50% at 18,065.41 April 01, 2020 at 07:04AM
A rough day for Japanese stocks, particularly in the closing hour Concerns of the virus outbreak becoming more widespread in Japan and the continued economic fallout globally is stoking fears…
Nasdaq 100 Forecast: Low Trading Volume May Hint at Weakness
March 30, 2020 at 11:35PM US equities climbed higher on Monday, closing in the green yet again as the VIX fell further. Still, low trading volume may suggest a lack…
A Global Consumer Default Wave Is Just Getting Started
…to 92% at the end of 2018 from 30% a decade ago, surpassing Germany and closing in on levels in the U.S. and Japan, according to IIF. The risk is…
Stronger EURUSD is a good sign for markets
…demands. Thus, have a short term impact on markets. An important signal for traders is last week’s closing EURUSD above the 200-day average, which often precedes a significant increase in…
NEWS: Toyota to close all plants in Europe, Russia from March 30 to April 3 March 30, 2020 at 04:54AM
And, it gets worse, European factories will not reopen until after April 20. – The vehicle firm is also closing plants in Brazil, Malaysia and Thailand. Continue Reading:… Search Web:…
NEWS: Major indices close lower after late day rally fizzles out March 27, 2020 at 08:13PM
Another big move in the last hour of trading The major indices are closing lower on the day after the late day rally fizzled out. Starting the last hour of trading,…
This is a rebound, not growth: the worst is yet to come
…similar news from other European and Asian countries. These are factors that improve market sentiment, while central bank actions and closing short positions should be considered as drivers for purchases….
NEWS: Johns Hopkins University says the confirmed number of Covid19 cases in the US has passed China March 26, 2020 at 08:58PM
Has the question on the veracity of the data out of China been settled? That’s a rhetorical question. John Hopkins is comparing the official figures, and I am not…
NEWS: BoA say EUR/USD to turn back down, forecast to 1.02 in Q3 March 26, 2020 at 08:45PM
BoA looking for the USD to strengthen citing “economic and financial market shocks reverberate and USD demand persists” – the note forecasts EUR/USD 1.02 in both Q2 and 3…
NEWS: Trade ideas thread – Friday 27 March 2020 March 26, 2020 at 08:34PM
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:…
NEWS: Fitch sees US GDP down 3% in 2020, affirms US rating with stable outlook March 26, 2020 at 08:22PM
Fitch obviously not wanting tweet rants directed their way. – Affirms US rating – outlook stable – says if the virus is contained in the second half of the…
NEWS: US Treasury Secretary Mnuchin pours cold water on the idea of closing markets March 26, 2020 at 08:17PM
…Continue Reading:… Search Web: US Treasury Secretary Mnuchin pours cold water on the idea of closing markets Recent Posts NEWS: USD/JPY extends consolidation phase to start the week May 25,…
NEWS: European shares recover and close higher on the day March 26, 2020 at 04:41PM
Sharp declines are retraced The major European stock indices staged a big recovery off of the low levels. The major indices are closing higher on the day. The provisional closes are…
NEWS: China to suspend entry of foreigners starting Saturday March 26, 2020 at 03:23PM
Bloomberg report citing the embassy China has been importing cases of coronavirus and had mandated that arrivals go into a mandatory supervised quarantine for 14 days. Now they’re closing the…
Dollar’s Best Streak Since 2012 Is Over, Showing Stress Easing
…announced unprecedented stimulus. The index earlier fell as much as 1.5%, the most since 2016 on a closing basis. Treasuries fell and stocks around the world surged on signs U.S….
NEWS: EUR/USD keeps higher to start the session, but no clear directional move just yet March 25, 2020 at 07:46AM
…yesterday, closing under the 1.0800 level. However, price did keep above the 100-hour MA (red line) so that’s at least a good sign for buyers. Continue Reading:… Search Web: EUR/USD…
Stock futures higher after White House, Senate reach deal on coronavirus bill
…“This was a one-day bull market,” CNBC’s Jim Cramer said on “Closing Bell” on Tuesday. “You had stocks that moved so much they basically moved as if the second half…
NEWS: US stocks jump in a monster bounce — Dow gains most since 1933 March 24, 2020 at 08:09PM
The Fed and Congress inspire an equity rally Closing changes: It was a great day to buy stocks as the market bets that Congress will come through with some kind…
NEWS: The market is pricing in a Congressional deal: Sell the fact? March 24, 2020 at 06:12PM
Senators closing in on a deal On CNN a short time ago, US House Majority leader Nancy Pelosi had this to say: “If McConnell says we are on five yard…
NEWS: Equities continue to push higher on the day March 24, 2020 at 06:40AM
US futures now up by over 4% on the day ForexLive Meanwhile, Asian stocks are also surging higher into the closing stages with the Hang Seng up by over 4.5%…
Coronavirus impact: markets in Europe increase whilst US still pressured
March 23, 2020 at 09:48AM The world markets start the week with a decline. Futures on US indices were again close to the limit-down, losing about 5% against Friday’s closing…
NEWS: European pre-market: Dollar softer amid risk-off mood March 23, 2020 at 06:57AM
The dollar is keeping lower for the most part to start the session ForexLive Asian equities are rotting today with the Hang Seng closing in on 5% losses with Chinese…
