Author: FX
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
iShares U.S. Financials ETF declares quarterly distribution of $0.3082 Source link
By Fabio Teixeira and Ricardo Brito RIO DE JANEIRO (Reuters) -Brazilian police arrested three people on Sunday, including a federal lawmaker, in connection with the 2018 murder of Rio de Janeiro city council member Marielle Franco and her driver, two sources at the federal police told Reuters. Federal police arrested Congressman Chiquinho Brazao, his brother Domingos Brazao, a councilor on the Rio de Janeiro state audit court (TCE), and former Rio police chief Rivaldo Barbosa, the two sources said on condition of anonymity. The police said in a statement that it was serving three arrest warrants and 12 search and seizure…
Our strategists tackled a very tough week of several major central bank events, focusing mainly on the Bank of England event and the Reserve Bank of Australia. Two out of three discussion were arguably net effective towards positive outcomes. Check out our reviews to see what happened and why we think they were likely helpful! If you’d like to follow our “Play of the Day” picks right when they are published throughout the week, you can subscribe to BabyPips Premium. On Tuesday, we observed a bearish reaction to the latest Reserve Bank of Australia (RBA) monetary policy statement, where they…
LindaJoHeilman/iStock via Getty Images With the first quarter coming to a close, and in a week shortened by a market holiday on Friday, several key companies are set to release their earnings reports next week. Leading the pack is Walgreens Boots Alliance (WBA), a global leader in retail pharmacy and healthcare. Additionally, investors will keep a close eye on earnings reports from Carnival (CCL), Ouster (OUST), McCormick & Co. (MKC), Paychex (PAYX), Cintas (CTAS), Westport Fuel Systems (WPRT), Hut 8 Corp. (HUT), Vuzix (VUZI), Altimmune (ALT), 22nd Century Group (XXII), Rumble (RUM) and Emeren Group (SOL). Below is a rundown…
UPCOMING EVENTS:Tuesday: US Durable Goods Orders, US Consumer Confidence.Wednesday: Australia Monthly CPI, Fed’s Waller.Thursday: BoJ Summary of Opinions, Australia Retail Sales, Canada GDP, US Final Q4 GDP, US Jobless Claims.Friday: US Good Friday Holiday, Japan Jobs data, Tokyo CPI, Japan Industrial Production and Retail Sales, US PCE, Fed Chair Powell.TuesdayThe US Consumer Confidence is expected to remain unchanged at 106.7 in March. The last report interrupted a three-month positive streak as the data surprised with a big miss to the downside across the board. The commentary highlighted that “while overall inflation remained the main preoccupation of consumers, they are now…
4/4 © Reuters. An explosion of a missile is seen in the sky over the city during a Russian missile strike, amid Russia’s attack on Ukraine, in Kyiv, Ukraine March 24, 2024. REUTERS/Gleb Garanich 2/4 By Pavel Polityuk and Gleb Garanich KYIV (Reuters) -Russia struck critical infrastructure in Ukraine’s western region of Lviv with missiles early on Sunday, Kyiv said, in a major airstrike that saw one Russian cruise missile briefly fly into Polish airspace according to Warsaw. Moscow launched 57 missiles and drones in the attack that also targeted the capital Kyiv, two days after the largest aerial bombardment…
4/4 © Reuters. Journalists watch a giant screen showing live-streaming footage of Chinese Premier Li Qiang delivering a speech at the opening ceremony of China Development Forum (CDF) 2024, in Beijing, China March 24, 2024. REUTERS/Jing Xu 2/4 By Colleen Howe and Jing Xu BEIJING (Reuters) – China needs to “reinvent itself” with economic policies to speed resolution of its property market crisis and boost domestic consumption and productivity, the International Monetary Fund’s Managing Director Kristalina Georgieva said on Sunday. “China faces a fork in the road — rely on the policies that have worked in the past, or reinvent…
Goldman Sachs forecasts for USD/JPY:3 months 155 (the prior forecast for 3 months out was 145)6 months 150 (prior 142)12 months 145 (prior 140)These are from a GS note sent to client on Friday. GS cite a “benign macro risk environment” for its bearish view on yen. GS analysts also say they don’t expect rate cuts from the Federal Reserve to lift the yen:”If anything, the anticipation of adjustment cuts has reduced the probability of the recession risks that tend to activate the yen’s safe-haven appeal.”Over the past many, many months Goldman Sachs have been a stand out amongst analysts…
Most Read: U.S. Dollar Outlook & Market Sentiment: USD/JPY, USD/CAD, USD/CHFThe U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the greenback reversed higher in the next two days amid a global shift in interest rate expectations.US DOLLAR INDEX WEEKLY CHARTSource: TradingViewThe Bank of England’s dovish posture during its March meeting, coupled with the Swiss National Bank’s unexpected rate cut, fueled…