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(DAILY NOTION) GBP/USD Possible Soared Above 1.3600, Next Mover: Virus Lockdown for England

Illustration photo of GBP/USD daily chart from Tradingview GBP/USD is currently trading at around 1.3605, trying to settles above 1.3600 and move toward the resistance at 1.3625. As the number of coronavirus cases increases and the infectious strain of coronavirus that emerged in Britain is spreadin

Gold Price Analysis: XAU/USD remains capped by $1947 ahead of Georgia race – Confluence Detector

Gold (XAU/USD) holds below the critical $1947 barrier heading into Tuesday’s runoff elections in Georgia. Gold buyers remain hopeful of Democratic control of Congress, as it implies an easier path for President-elect Joe Biden to push for additional fiscal support. An increase in inflows into gold E

Fed's Mester says policy will stay accommodative for 'quite some time'

(Reuters) -U.S. economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the Federal Reserve to withdraw its support, Cleveland Fed President Loretta Mester said on Monday. The economy is likely to struggle in th

World stocks ring in new year with record highs

LONDON (Reuters) -World stock markets hit record highs on Monday, the first trading day of the new year, as investors hoped the rollout of vaccines would ultimately lift a global economy decimated by the COVID-19 pandemic. The Chinese yuan surged nearly 1% against the dollar, while the greenback plu

GBP/USD Forecast: Sterling braces for harsh reality check after Brexit and vaccine euphoria

GBP/USD has kicked off the new year with extended gains as the Brexit deal is being implemented. Optimism about vaccines could be outweighed by the fast spread of coronavirus. Monday's four-hour chart is pointing to near-oversold conditions. Hopes that 2021 will be better than 2020 may face an early

Tesla shares set to start 2021 at record high

(Reuters) - Tesla Inc shares were set to open at a record high on Monday after the electric-car maker reported better-than-expected vehicle deliveries in 2020, extending a meteoric rally that has seen the stock surge more than 700%. It delivered 499,550 vehicles last year, above Wall Street estimate

Carl Icahn sells over half his Herbalife stake for $600 mln - WSJ

Jan 3 (Reuters) - Carl Icahn has sold more than half his stake in Herbalife Nutrition Ltd for $600 million and is planning to give up the five seats on the board held by his representatives, the Wall Street Journal reported on Sunday. Icahn, who had a 16% stake in Herbalife, sold about 10% back to t

GLOBAL MARKETS-Asia shares start new year in upbeat mood, much already priced in

* Asian stock markets : * Nikkei hits fresh 30-year high, Asia ex-Japan near record * Dollar under pressure as U.S. deficits swell * Factory surveys, U.S. jobs and Fed minutes all ahead SYDNEY, Jan 4 (Reuters) - Asian share markets got the new year off to a solid start on Monday on

Wall Street inches higher, dollar gains as tumultuous year nears finish line

NEW YORK (Reuters) -The S&P 500 reversed course and turned positive on Thursday and the dollar advanced as investors prepared to close the book on a turbulent year of pandemic, recession and recovery. The Dow joined the S&P in the green but the Nasdaq remained in negative territory, and were

Mexican pilots reject alternative cost plan in Aeromexico overhaul

MEXICO CITY (Reuters) - Mexican pilots have rejected a cost-saving plan put forward by their own trade union amid talks aimed at agreeing how to restructure airline Grupo Aeromexico, the ASPA union said on Thursday. Battered by the coronavirus pandemic, Aeromexico filed for Chapter 11 bankruptcy pro

Former Viacom shareholders can sue Shari Redstone over ViacomCBS merger

(Reuters) - A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a “patently unfair” merger that created ViacomCBS Inc so she could become a media magnate like her late father, Sumner Redstone. Slideshow ( 2 images )Vice Chancel

USD/CHF slips below 0.8800 mark for the first time since January 2015

USD/CHF drifts into negative territory for the fourth consecutive session on Thursday. A softer tone around the USD was seen as a key factor exerting pressure on the pair. Better-than-expected US jobless claims data failed to provide any respite to the USD. The USD/CHF pair refreshed multi-year lows

U.S. slaps tariffs on French and German wines, aircraft parts amid EU dispute

WASHINGTON (Reuters) - U.S. trade officials on Wednesday said they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany, amid an ongoing civil aircraft dispute between Washington and Brussels. In a statement, the Office of the

Oil Gains Ground After Bullish Inventory Report

Oil Video 30.12.20. Crude Inventories Decline By 6.1 Million Barrels Yesterday, API Crude Oil Stock Change report indicated that crude inventories decreased by 4.8 million barrels, providing some support to the oil market. Today, API estimates were confirmed by the EIA Weekly Petroleum Status Report

Wall St opens higher on hopes of vaccine-fueled recovery

(Reuters) - U.S. stocks opened higher on Wednesday as investors hoped that COVID-19 vaccine rollouts and a bigger fiscal aid would help the world’s largest economy recover from a pandemic-fueled slump in 2021. The Dow Jones Industrial Average rose 79.42 points, or 0.26%, at the open to 30,415.09. Th

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