Forex News
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The legacy of Michael Jordan shows no signs of slowing down, after a trading card bearing his signature sold for nearly $3million at auction this weekend. MJ is widely regarded as the best NBA player of all-time, and fans clamored to get their hands on a rare piece of memorabilia through Goldin this weekend. Up for auction was a 2003 Upper Deck Ultimate ...
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China landed an uncrewed spacecraft on the far side of the moon on Sunday (Jun 2), overcoming a key hurdle in its landmark mission to retrieve the world's first rock and soil samples from the dark lunar hemisphere. The landing elevates China's space power status in a global rush to the moon, where countries including the United States are hoping to exploit ...
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Inflation and wages are kind of a chicken or egg issue. Do higher prices cause higher wages or do higher wages cause higher prices? I suppose it’s probably a little of both. There is an obvious relationship when you look at the data. Here’s a look at year-over-year wage growth versus trailing twelve-month inflation going back to 1965: chart Wages grow ...
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A technical issue at the New York Stock Exchange on Monday caused the A-class shares of Warren Buffett’s Berkshire Hathaway to appear to be down nearly 100%. Trading was halted in those shares, as well as in Barrick Gold and Nuscale Power , which had also seen dramatic falls. The NYSE said in a 10:11 a.m. ET update that it was investigating a technical ...
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Economic activity in the manufacturing sector contracted in May for the second consecutive month and the 18th time in the last 19 months, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing ...
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New orders returned to growth in the US manufacturing sector in May, supporting a faster expansion in production midway through the second quarter of the year. Meanwhile, business confidence picked up and positive expectations regarding the future for the sector contributed to the hiring of additional staff, a renewed rise in purchasing activity and a ...
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Meme stock GameStop rallied again Monday on speculation Keith Gill, the man who inspired 2021′s epic short squeeze, could have a huge position in the video game retailer. Shares ...
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Inflation in Turkey topped 75% in May in what economists expect to be the peak before prices start to ease. Consumer prices rose 75.45% in May on an annual basis and 3.37% on a ...
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“Bullishness is born as hope in the midst of despair. Hope swells to confidence and confidence swells to euphoria, and the process contains the seed of its own destruction and the ...
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A technical issue at the New York Stock Exchange on Monday caused the A-class shares of Warren Buffett’s Berkshire Hathaway to appear to be down nearly 100%. Trading was halted in ...
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Economic activity in the manufacturing sector contracted in May for the second consecutive month and the 18th time in the last 19 months, say the nation's supply executives in the ...
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New orders returned to growth in the US manufacturing sector in May, supporting a faster expansion in production midway through the second quarter of the year. Meanwhile, business ...
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EUR/USD is falling modestly after the pair remained unchanged across the previous week. The pair continues to trade around the 1.0850 level after softer-than-expected monthly core PCE data on Friday and hotter-than-expected eurozone inflation figures. This week, investors are looking keenly ahead to Thursday's ECB rate decision. The central bank is widely ...
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EURCHF has been in a steady recovery since late December, attempting to erase its massive 2021-2023 downtrend. Last week, the pair surged to a fresh 14-month peak of 0.9928, but quickly retraced lower until the 50-day simple moving average (SMA) curbed its retreat. If the recent weakness persists, the pair could violate the 50-day SMA and challenge the ...
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HFM, one of the biggest brokers regulated by the South African authorities and a global broker of choice, has been honored with the ‘Best Copy Trading Broker Award’ at FMAS:24 in recognition of their reinvented Copy Trading program and market leading trading conditions. Copy Trading, HFM’s innovative copy trading feature, transcends geographical boundaries ...