Author: FX

Warning: SBGSY is at high risk of cutting its dividend Source link

© Reuters. FILE PHOTO: Communal workers sweep fallen leaves in a park in Moscow, Russia October 23, 2023. REUTERS/Maxim Shemetov MOSCOW (Reuters) – Russia was short of around 4.8 million workers in 2023 and the problem will remain acute in 2024, the Izvestia newspaper reported on Sunday, citing experts and research from the Russian Academy of Science’s Institute of Economics. Central Bank Governor Elvira Nabiullina said last month that Russia’s depleted labour force was causing acute labour shortages and threatening economic growth as Moscow pumps fiscal and physical resources into the military. Hundreds of thousands of Russians left the country…

US DOLLAR FORECAST – EUR/USD, USD/JPY, GBP/USDThe U.S. dollar sinks to its lowest level since July, with the DXY index closing the week at 101.70No major events are expected in the week ahead, but that does not mean that volatility will be low, as thin liquidity conditions could amplify market movesThis article zooms in on the technical outlook for EUR/USD, USD/JPY, and GBP/USD, analyzing essential price thresholds to monitor in the final trading sessions of 2023 Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read:…

Scott Olson/Getty Images News Bayer (OTCPK:BAYZF) said a jury reached a verdict in favor of Monsanto in a Roundup product liability trial in California on Friday. A jury before Judge Patrick Palacios in the Superior Court of California, San Benito County ruled in favor of Bayer (OTCPK:BAYZF), according to a statement. “The jury’s verdict in favor of the company brings this trial to a successful conclusion and is consistent with the evidence in this case that Roundup does not cause cancer and is not responsible for the plaintiff’s illness,” Bayer said in the statement. “The verdict continues the company’s strong…

© Reuters. XRP Stumbles Upon This Resistance, But Reversal Could Be Around Corner U.Today – As the crypto market is slowly recovering, has recently hit a snag at a notable resistance level, sparking discussions among traders and analysts alike. The latest chart indicates that XRP is grappling with downward momentum, potentially poised for a reversal. XRP’s trajectory has brought it close to the 100-day exponential moving average (EMA), a significant support that traders often monitor. This technical indicator serves as a barometer for the asset’s medium-term trend, and landing on it could suggest a pivotal moment for next move. While…

In the ever-evolving world of financial markets, traders and investors are constantly on the lookout for tools and indicators that can help them make informed decisions. One such tool that has gained significant popularity is the MTF MACD MT4 Indicator. In this article, we will delve into the intricacies of this indicator, exploring its functionality, application, and benefits. Understanding MACD Before we dive into the Multi-Timeframe (MTF) MACD MT4 Indicator, it’s crucial to have a solid grasp of what MACD itself is. MACD stands for Moving Average Convergence Divergence, and it is a versatile momentum indicator used in technical analysis.…

© Reuters. Mexico’s President Andres Manuel Lopez Obrador speaks during his daily news conference, in Acapulco, Mexico December 20, 2023. REUTERS/Daniel Becerril/File Photo MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Friday his government will reinforce measures to contain migration as he seeks to help the United States cope with record numbers of people trying to reach the U.S. border. Lopez Obrador’s comments come a day after he spoke with U.S. President Joe Biden, during which both agreed that more enforcement was needed at their shared frontier, as record numbers of migrants disrupt border trade. “What…

GOLD OUTLOOK & ANALYSISCore PCE data keeps pressure on USD as gold soars.Jobless claims data in focus next week.Can gold bulls hold on above $2050?Elevate your trading skills and gain a competitive edge. Get your hands on the Gold Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL FORECASTGold prices finally breached the $2050 level after threatening since mid-December after US PCE deflator readings missed forecasts. The core metric (Fed’s preferred inflation gauge) dropped to levels last seen in April 2021…

Dec. 23, 2023 12:58 PM ETiShares MSCI Taiwan ETF (EWT), DAPP, BKCHIAUF, GDXD, CRPT, BTF, WGMI, TILL, CONLBy: Gaurav Batavia, SA News Editor Gainers: GraniteShares 1.5x Long COIN Daily ETF (CONL) +29%. Valkyrie Bitcoin Miners ETF (WGMI) +27%. First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) +24%. VanEck Digital Transformation ETF (NASDAQ:DAPP) +24%. Global X Blockchain ETF (NASDAQ:BKCH) +23%. Losers: Teucrium Agricultural Strategy No K-1 ETF (TILL) -35%. MicroSectorsâ„¢ Gold Miners -3X Inverse Leveraged ETNs (GDXD) -11%. iShares MSCI Taiwan ETF (NYSEARCA:EWT) -10%. iShares Gold Strategy ETF (IAUF) -10%. Valkyrie Bitcoin and Ether Strategy ETF (BTF) -10%. More…

champc It was an exceptionally strong week for cryptocurrency-exposed stocks among the broader financial sector, as bitcoin (BTC-USD) gained 4.2%. Earlier this week, Michael Novogratz, founder and CEO of Galaxy Digital, said crypto stocks have been rallying in response to a dovish Fed. Meanwhile, traditional financial stocks treaded water during the same period, with the Financial Select Sector SPDR (XLF) ending the week at $37.26 vs. $37.35 at Dec. 15’s close. Marathon Digital Holdings (NASDAQ:MARA), soaring 46%, topped the list of gainers for the week ended Dec. 22, the last 5-day trading week of the year. On Monday, the company…