October 1, 2020 9:13 am
Having registered its steepest monthly slump since November 2016 in September, Spot Gold rebounded on Thursday, supported by a weaker dollar and optimism over new fiscal stimulus package in the United States. US Treasury Secretary Steven Mnuchin said on Wednesday that negotiations with House Speaker Nancy Pelosi had “made a lot of progress” on the […]
Read moreOctober 1, 2020 7:15 am
AUD/USD extended gains from the previous three trading days on Thursday, while touching a fresh one-week high in early European session, as robust US macro data and optimism over US fiscal stimulus bolstered investor risk sentiment. US Treasury Secretary Steven Mnuchin said on Wednesday that negotiations with House Speaker Nancy Pelosi had “made a lot […]
Read moreSeptember 30, 2020 10:07 am
Walt Disney Co announced on Tuesday that nearly 28,000 employees at its US theme parks would be laid off, most notably in California where Disneyland is still closed, as the COVID-19 pandemic has delivered a severe hit to overall visitor flow. Walt Disney shares closed lower for the sixth time in the past ten trading […]
Read moreSeptember 30, 2020 7:06 am
NZD/USD was holding gains from the previous trading day in early European session on Wednesday. Still, however, the major pair was set to register its first monthly loss since March, being down 2.26% so far in September, as market players expect the Reserve Bank of New Zealand to introduce negative interest rates and adopt further […]
Read moreSeptember 29, 2020 11:20 am
According to a report by the Mint newspaper, citing sources with knowledge of the matter, Walmart Inc (WMT) is discussing with Tata Group an investment of up to $25 billion in the Indian company’s “super app,” which is expected to launch in India either in December or in January. The report stated the app was […]
Read moreSeptember 29, 2020 9:05 am
Futures on US West Texas Intermediate Crude Oil fell on Tuesday, following an almost 1% surge during the previous trading day, as pandemic-related demand concerns overshadowed optimism over a new fiscal stimulus package in the United States. Both WTI and Brent benchmarks gained on Monday after reports emerged that US Democrats had unveiled a new […]
Read moreSeptember 29, 2020 6:57 am
AUD/USD continued its rebound from last Friday’s two-month low on Tuesday, as market expectations of a rate cut by the Reserve Bank of Australia were pushed back to November from a policy meeting next week. Additional support for the Aussie came with improving risk sentiment across a range of markets. Yesterday Westpac analysts revised their […]
Read moreSeptember 28, 2020 10:55 am
GBP/USD hit a fresh one-week high during late European session on Monday, supported by investor optimism that the UK could strike a post-Brexit trade deal with the EU by next month, or at least avoid a messy departure from the political and economic union. Both sides need to come to an agreement until the end […]
Read moreSeptember 28, 2020 9:25 am
Spot Gold edged lower at the start of the new week, as the US Dollar held on to recent gains near a two-month peak against major peers ahead of the first presidential election debate between US President Trump and Democrat Joe Biden. The commodity was set to register its biggest monthly loss since November 2016, […]
Read moreSeptember 28, 2020 7:09 am
The board of directors of Lockheed Martin Corp (LMT) has authorized a dividend of $2.60 per share for the fourth quarter of 2020, which is an increase of $0.20 per share compared to third-quarter dividend. The dividend will be paid on December 24th to holders of record as of the close of business on December […]
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