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Markets Grind into the Weekend
Friday the 13th is supposed to be ominous, but the global capital markets are mostly subdued. China's port shutdown and anxiety since South Korea reported a decline in memory chip exports weighed on Asia Pacific equities, with the Kospi and Taiex falling more than 3% this week and sending the South Korean won to its lowest level of the year. The Baltic Dry Index rose 2.75% yesterday to put this week's increase near 4% coming into today. This week will be the ninth weekly advance in the last 10 weeks, and it is up nearly 44% over this span. European stocks continue to edge higher, and the Dow Jones Stoxx 600 is ... (full story)
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From xm.com|Aug 13, 2021|2 commentsGBPJPY attempted to break the upper border of the neutral zone it has been ranging within this week, but its efforts proved unsuccessful as the 153.40 barrier defended the bears ...
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From dailyfx.com|Aug 13, 2021|8 commentsvideo Traders tend to overcomplicate things when they’re starting out in the forex market. This fact is unfortunate but undeniably true. Traders often feel that a complex trading ...
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From bls.gov|Aug 13, 2021Prices for U.S. imports increased 0.3 percent in July, after advancing 1.1 percent the previous month, the U.S. Bureau of Labor Statistics reported today. The July increase was ...
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From cnbc.com|Aug 13, 2021|7 commentsThe delta Covid variant has spread so rapidly across the U.S. that most counties in the country now meet the CDC’s guidelines recommending people wear masks indoors — whether they ...
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From orbex.com|Aug 13, 2021|1 commentGBPUSD seems to be forming a triple zigzag consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Now we are in the final sub-wave Ⓩ. It is likely that it takes the form of double (W)-(X)-(Y) ...