A bid day higher caps off a great quarter for the Nasdaq As the clock ticks to a close, the NASDAQ index is up 2% on the day. For the quarter, the index is up an impressive 30.89% which leads all the major indices . The high for the month reached 10221.85 last week which
Month: June 2020
Adding a little more now. “We start by showing that a national mandate would likely increase face mask usage meaningfully, especially in states such as Florida and Texas where masks remain largely voluntary to date,” the Goldman researchers write in their 11-page report. Countries that fail to reach widespread masking usage see both infections and
EUR/USD falls to a session low of 1.1204 For bank trade ideas, check out eFX Plus The euro had a bright start to trading yesterday amid a continued breakout in EUR/GBP, which helped to see EUR/USD climb to a high of 1.1288 but encountered resistance from the 61.8 retracement level there before dollar demand sent
The German chambers of industry and commerce, DIHK, shares their latest outlook of the economy V-shaped recovery is likely “off the table” Half of German companies sees return to normalcy in 2021 at the earliest A third of German companies sees return to normalcy in 2020 More than 40% of German companies are reporting liquidity
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EUR/GBP pushes above 0.9100 to its highest levels since 26 March For bank trade ideas, check out eFX Plus The pair is continuing to ride the momentum from the upside break towards the end of last week, with buyers shaking off daily resistance from the 29 May high @ 0.9055. The pair is now posting
County health officials issue the warning, say the outbreak is worsening. said they are now faced with one of their biggest fears: that the reopening of L.A. County would coincide with sudden jumps in disease transmission that have the potential to overwhelm public and private hospitals. L.A. County has nearly 98,000 confirmed cases and more
The greenback is softer across the board to start European morning trade It is still early in the day but dollar weakness is one of the early themes emerging over the past few hours, even as the risk mood keeps more cautious for the time being. US futures are still hovering around flat levels but
Early gains turn into losses as things get going For bank trade ideas, check out eFX Plus Stocks opened with a more tepid mood before posting modest gains in the opening hour but have given all of that back now. The DAX is now down to session lows, lower by 0.3%. The market mood remains
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Matthew Todd Live Forex Streams – 6:30am UK Mon – Thu Support the stream: https://streamlabs.com/toddcapitalgroup1 Our Patreon Services are now available! Please see the relevant links below. Mentoring – https://www.patreon.com/ToddCapitalGroup Education Course – info@toddcapitalgroup.co.uk Free Telegram – https://t.me/toddcapitalgroup IG – @_toddcapitalgroup My Broker – https://www.icmarkets.com/?camp=21873 To send a chart, press the camera icon at the
NASDAQ winning streak of 8 days higher comes to an end Major US indices end sharply lower. The 2nd next snaps 8 day winning streak all 11 sectors of the S&P close lower major averages have worst day in nearly 2 weeks A snapshot of the final numbers for the day show: S&P index -80.96
US shale driller Chesapeake Energy has filed for bankruptcy Hit hard by demand destruction in the wake of coronavirus, low prices, high debt loads, and also difficulties pivoting from gas to oil, and more. WSJ has more here, (may be gated) For bank trade ideas, check out eFX Plus
GBP/USD bounces off earlier lows near the 1.2400 level For bank trade ideas, check out eFX Plus The pair was testing support near 1.2400 at the start of the session with stocks opening lower but amid the risk recovery in the past hour, the pair has bounced back to session highs of 1.2464 as dollar
The official PMIs are due on Tuesday, see post here (or at the bottom of this post) for priors and expected. Later in the week, Wednesday and Friday, are the private survey PMIs, Caixin/Markit. Markit give a brief preview: China’s PMIs will be especially closely watched given its earlier relaxation of virus-related restrictions. So far
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