Author: FX
The major assets were all over the place on Thursday, as some assets took a breather from their previous moves while others priced in fresh mid-tier catalysts. Can you guess which headlines moved the markets in the last trading sessions? We have the deets! Headlines: Australian dollar eased despite strong December jobs beat Germany final CPI Final in December: 0.5% m/m (0.4% forecast; -0.2% previous) The U.K. printed a bunch of mid-tier data: U.K. Goods Trade Balance: £-19.3B in November (-£17.0B forecast; -£19B previous) U.K. GDP MoM: 0.1% in November (0.1% forecast; -0.1% previous) U.K. Industrial Production MoM: -0.4% in…
By Joey Roulette WASHINGTON (Reuters) -A SpaceX Starship rocket broke up in space minutes after launching from Texas on Thursday, forcing airline flights over the Gulf of Mexico to alter course to avoid falling debris and setting back Elon Musk’s flagship rocket program. SpaceX mission control lost contact with the newly upgraded Starship, carrying its first test payload of mock satellites but no crew, eight minutes after liftoff from its South Texas rocket facilities at 5:38 p.m. EST (2238 GMT). Video shot by Reuters showed orange balls of light streaking across the sky over the Haitian capital of Port-au-Prince, leaving…
Struggling to make smart choices in forex trading? Forex indicators are tools that help traders spot trends and signals. This guide will explain how these indicators work and how you can use them to improve your trades. Keep reading to boost your trading skills! Key Takeaways Best Forex indicators use past data to predict trends and price changes. Common tools include RSI, MACD, Bollinger Bands, and Moving Averages. Combining 2-3 indicators MA with RSI or Fibonacci Retracement helps confirm signals and reduce mistakes. Too many tools can confuse traders. Indicators, like ATR help manage risks by showing market volatility. Adjust…
Jan. 16, 2025 6:55 PM ETUnited States Natural Gas Fund, LP ETF (UNG), NG1:COMUCO, USO, DBO, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, CL1:COMBy: Carl Surran, SA News EditorSlavkoSereda/iStock via Getty ImagesCrude oil futures pulled back Thursday from five-month highs reached in the previous session on supply concerns around stepped-up U.S. sanctions on Russia, declining U.S. stockpiles and winter weather-driven demand for heating fuels. U.S. natural gas prices rallied for the thrid Source link
Bloomberg (gated)with the info.In brief:US Treasury Secretary Janet Yellen’s computer was infiltrated by Chinese state-sponsored hackers, who accessed unclassified files.fewer than 50 files accessedthe hackers also breached the computers of two of Yellen’s top aides I(Deputy Secretary Wally Adeyemo and Acting Under Secretary Brad Smith), and accessed employee usernames and passwords, as well as over 3,000 files on unclassified personal devicesThe attack was attributed to a Chinese state-sponsored actor, and investigators found that the hackers prioritized document collection and operated outside of normal working hours to avoid detectionThis:the hackers … operated outside of normal working hours to avoid detectionAre you…
Pair slips to 0.6230 on Thursday by nearly 0.30%. Early gains fade after strong Australian employment data. Diminished tariff risks and risk-on mood cushion the downside. AUD/USD faced rejection near 0.6250 and fell to 0.6230 in Thursday trading, paring initial gains spurred by Australia’s mixed labor report. A more optimistic market mood helped by reduced anxiety over potential tariff disruptions limits deeper losses. Still, the pair remains under scrutiny as investors monitor the Reserve Bank of Australia’s (RBA) policy direction and the US Dollar’s movements, which trades weak after mid-tier data. Daily digest market movers: Aussie rotates lower as traders…
WASHINGTON (Reuters) – The U.S. Federal Trade Commission and the State of Colorado have filed a complaint against Greystar, a multi-family rental property manager, alleging that it deceived consumers about rental costs with hidden fees, the FTC said on Thursday.”The FTC is suing Greystar for deceptively advertising low monthly rents only to later saddle tenants with hundreds of dollars of hidden junk fees,” FTC Chair Lina M. Khan said in the statement. Source link
The AUDUSD started the day today testing the high from yesterday at 0.6257 and finding willing selllers. The double-top increases the levels importance today and going forward. If the buyers are to take more control, getting and staying above that level is required. Meanwhile, seller may continue to look to keep a lid on the pair (risk-defining level). The level is important for both buyers and sellers. The subsequent fall broke below the 200-hour MA at 0.62037, but stalled the fall not once – but twice – in a swing area between 061917 and 0.61999. Like the doublt top, that…
The Dow Jones is holding near key moving averages on Thursday. Markets were largely unimpressed with US Retail Sales figures. Investors continue to hinge their exposure on Fed rate cut expectations. The Dow Jones Industrial Average (DJIA) struck a middling tone on Thursday, churning around the 43,200 handle. Price action is hung up on the 50-day Exponential Moving Average (EMA), and investors await any sign of data that could signal a faster pace of rate cuts from the Federal Reserve (Fed). Retail Sales figures moderated in December, easing back to 0.4% MoM in the headline figure. Markets expected a tick…
metamorworks/iStock via Getty Images Quantum Computing (NASDAQ:QUBT) fell 10% amid a short report from Capybara Research. Capybara disclosed that it’s short shares of Quantum Computing (NASDAQ:QUBT). Quantum Computing (NASDAQ:QUBT) didn’t immediately respond to Seeking Alpha’s email request for comment. Quantum (QUBT) has short interest Source link