Author: FX

There will be previews of the week ahead soon to come but the big two events next week are:Federal Reserve Chair Powell discussing the US economic outlook at a National Association for Business Economics conference on Monday. This is at 1300 US Eastern time on Monday, September 30 (1700 GMT).On Friday, October 4, at 0830 US Eastern time (1230 GMT) we’ll get the US payroll report for September. Expectations are for a slight improvement from August for the headline and a steady jobless rate. If so the prospect of a ‘soft’, even ‘no’ landing for the US economy will increase.…

ijeab/iStock via Getty Images Buyout firm TPG (NASDAQ:TPG) is set to prevail in the race to buy a minority stake worth $2B in wealth management firm Creative Planning, Reuters reported Saturday, citing people familiar with the matter. According to the report, the deal would value Creative Planning at Source link

By Maayan Lubell and Maya Gebeily JERUSALEM/BEIRUT (Reuters) -Israel killed Hezbollah leader Sayyed Hassan Nasrallah in a powerful airstrike in Beirut, dealing a heavy blow to the Iran-backed group as it reels from an escalating campaign of Israeli attacks. The Israeli military said on Saturday it had eliminated Nasrallah in the strike on the group’s central command headquarters in Beirut’s southern suburbs on Friday. Hezbollah confirmed he had been killed, without saying how. Nasrallah’s death is a major blow to both Hezbollah and Iran, removing an influential ally who helped build Hezbollah into the linchpin of Tehran’s network of allied…

DUBAI (Reuters) -Lebanon’s Hezbollah confirmed on Saturday that its leader Sayyed Hassan Nasrallah was killed. The group said in a statement it would continue its battle against Israel “in support of Gaza and Palestine, and in defence of Lebanon and its steadfast and honourable people”. Israel said earlier on Saturday it had killed Nasrallah in an airstrike in Beirut’s southern suburbs a day earlier. Hezbollah’s Al-Manar TV started airing Koran verses after the announcement of Nasrallah’s death. Source link

By Rich McKay, Joseph Ax and Andrew Hay ATLANTA (Reuters) – Authorities across a wide swath of the southeastern United States faced the daunting task on Saturday of cleaning up from Hurricane Helene, one of the most powerful to hit the country, as the death toll continued to rise. At least 43 deaths were reported by late on Friday, and officials feared still more bodies would be discovered across several states. Helene, downgraded late on Friday to a post-tropical cyclone, continued to produce heavy rains across several states, sparking life-threatening flooding that threatened to create dam failures that could inundate…

Mod ATR Trailing Stop Loss Indicator The Mod ATR Trailing Stop Loss is a pivotal component of the Forex trading strategy, designed to enhance trade management and risk control. This modified approach to the traditional ATR trailing stop loss utilizes the Average True Range (ATR) to dynamically adjust stop loss levels based on current market volatility. By calculating the average price range over a set period, the ATR provides a measure of market movement, which is then used to set trailing stop losses that expand or contract in response to fluctuations in volatility. The strength of the Mod ATR Trailing…

Have you ever felt lost in the sea of technical indicators on your MetaTrader 4 (MT4) platform? While traditional tools like moving averages offer valuable insights, sometimes you crave a fresh perspective. That’s where Fibonacci-based moving averages (FBMAs) enter the scene, offering a unique blend of mathematical precision and historical wisdom to guide your trading decisions. This comprehensive guide delves into the fascinating world of FBMAs, equipping you with the knowledge and strategies to leverage their power in your MT4 trading experience. Understanding the Fibonacci Sequence in FBMAs The Mathematical Foundation: Fibonacci Numbers As mentioned earlier, the Fibonacci sequence forms…

Sep. 27, 2024 7:38 PM ETS&P 500 Index (SP500), SPYXLU, IVV, RSP, XLE, XLV, XLB, XLF, XLI, XLK, XLP, XLY, LVS, NVDA, MU, WYNN, SH, SSO, SDS, GXC, UPRO, SOX, VOO, MCHI, XLRE, SPXU, XLCBy: Carla Mozee, SA News Editor Pgiam/iStock via Getty Images The S&P 500 (SP500) on Friday added 1.59% for the week to end at 5,738.17 points, posting gains in three out of five sessions. Its accompanying SPDR S&P 500 ETF Trust (NYSEARCA:SPY) climbed 1.38% for the week. The benchmark this Source link

It was another busy week for the major assets, which traded on major central bank updates and rising geopolitical tensions. Source link

By Suzanne McGee (Reuters) – Assets in actively managed exchange-traded funds (ETFs) worldwide hit a record $1 trillion at the end of August, according to data provider ETFGI, boosted by easier regulations and a wave of product innovation. Active ETFs seek to outperform the indexes they are benchmarked to, including the , the and the Russell 1000 Growth Index. Bear Stearns launched the first active ETF in 2008. While they make up just 7% of all global ETFs, active ETFs have accounted for 30% of all inflows into the funds as a whole for the last several years, Matthew Bartolini,…