News

News

  • Week Ahead: Fed’s inflation calm is about to get tested 10 Apr 2021 04:32 OANDA Market Pulse The Fed has clearly signaled they are not worried about inflation and that should worry financial markets.  The Fed has repeated that inflation will be transitory, but financial markets have never seen this record amount of stimulus get pumped into the …
  • Dollar Rebounds From Recent Losses, Posts Gains Against Peers 10 Apr 2021 02:27 RTTNews The U.S. dollar traded firm against most of its major counterparts on Friday, rebounding well after recent losses. A surge in bond yields following a bigger than expected increase in consumer prices in the U.S. and China pushed up the dollar. Producer …
  • Relooking independence, ideology 09 Apr 2021 23:54 NewsDay BY PAIDAMOYO MUZULU “Thoughts like cattle scattered On barren parched fields Spinning backwards my vehicled feelings speeding Forwards to Raffingora –   “Clear sunlit conceptions leap Out of deft brushstroke; landscapes Within. On film, on canvas, on …
  • Cash Cartier: Entrepreneur, Role Model, and Philanthropist 09 Apr 2021 22:10 Entrepreneur April 9, 2021 5 min read This story originally appeared on ValueWalk Every industry has a name that is referred to as the face of that industry. Anyone researching cryptocurrency and rising trends in Blockchain, will no doubt also come across the name …
  • Commodities and Cryptos: Oil drops, Gold stumbles as yields rise, Bitcoin higher 09 Apr 2021 16:46 OANDA Market Pulse Oil Crude prices traded initially lower as a strong dollar returns and as big oil readies investments for new exploration.  French giant, Total is expected to unveil a $5 billion investment that will build a pipeline, export terminal to Tanzania.  The oil …
  • BJ's Wholesale CEO Unexpected Death Sends Shares Lower 09 Apr 2021 15:27 Investing.com By Christiana Sciaudone Investing.com --  BJs Wholesale Club Holdings Inc (NYSE:BJ) dropped more than 1% after news of the CEO's unexpected death. Lee Delaney, the company’s president and chief executive officer, died unexpectedly Thursday due to …
  • Rupee slips for 5th straight session, down 15 paise at 74.73 against USD 09 Apr 2021 14:39 Business Standard The rupee fell for the fifth straight session and settled 15 paise down at 74.73 (provisional) against the US dollar on Friday as rising COVID-19 cases, weak domestic equities and strengthening American currency weighed on investors' sentiment. At the …
  • Digesting The FOMC Minutes 09 Apr 2021 13:58 Investing.com Markets The S&P 500 waffled in quiet session Wednesday but ultimately managed to move higher and notch another record close. US Small Caps underperformed while (mega cap Tech) led the way higher. FOMC March minutes offered no clear direction on the …
  • Euro Mixed Ahead Of German Industrial Output, Foreign Trade Data 09 Apr 2021 13:49 RTTNews At 2.00 am ET Friday, Destatis is scheduled to publish Germany's industrial output and foreign trade figures. Economists forecast industrial output to grow 1.5 percent month-on-month, reversing a 2.5 percent fall in January. Ahead of the data, the euro …
  • Australian, NZ Dollars Fall On China Policy Tightening Concerns 09 Apr 2021 13:49 RTTNews The Australian and NZ dollars slipped against their major counterparts in the Asian session on Friday, as strong China inflation data triggered concerns about tightening of monetary policy. Official data showed that China's consumer prices rose 0.4 …
  • Loonie Climbs Vs Most Majors Ahead Of Canada Jobs Data 09 Apr 2021 13:49 RTTNews Statistics Canada will release Canada jobs data for March at 8:30 am ET Friday. Ahead of the data, the loonie traded mixed against its major counterparts. While it held steady against the aussie, it rose against the rest of major rivals. The loonie was …
  • Dollar Advances Ahead Of U.S. PPI 09 Apr 2021 13:49 RTTNews The U.S. producer prices for March are due at 8:30 am ET Friday. Ahead of the data, the greenback rose against its major counterparts. The greenback was worth 109.80 against the yen, 1.1875 against the euro, 1.3702 against the pound and 0.9271 against the …
  • Japan industry minister denies raising 2030 emissions reduction target to 45% 09 Apr 2021 10:52 Investing.com TOKYO (Reuters) - Japan's industry minister said on Friday there was no truth to a media report that the government was aiming for a 2030 greenhouse gas (GHG) emissions reduction of 45% from fiscal year 2013 levels, against the current 26% target. The …
  • The Observer | BMK – How a P7 Dropout Built a Successful Business Chain 09 Apr 2021 06:07 Uganda Diaspora News The life of businessman BULAIMU MUWANGA KIBIRIGE, mostly known by his acronym BMK, is one of the few genuinely recognized success stories in Uganda. His rise that started with coffee trading to wide-scale entrepreneurship has been talked about for years …
  • Oil consolidates, gold higher 09 Apr 2021 04:18 OANDA Market Pulse Oil looking for direction Crude prices are struggling for direction as short-term COVID pressures are countered by a much weaker US dollar. There were no real fireworks from the FOMC minutes and no new emerging drivers for oil prices, leaving crude …
  • Euro Retreats Ahead Of ECB Minutes 09 Apr 2021 01:46 RTTNews At 7:30 am ET Thursday, the European Central Bank publishes the account of the monetary policy meeting of the Governing Council held on March 10-11. Ahead of the release, the euro retreated from its early highs against its major rivals. The euro was worth …
  • Dollar Eases Ahead Of U.S. Weekly Jobless Claims 09 Apr 2021 01:46 RTTNews The U.S. weekly jobless claims for the week ended April 3 are due at 8:30 am ET Thursday. Ahead of the data, the greenback eased from its early highs against its major counterparts. The greenback was worth 109.22 against the yen, 1.1876 against the euro, 1 …
  • Euro Lower After ECB Minutes 09 Apr 2021 01:46 RTTNews The euro was weaker against its most major opponents in the European session on Thursday, as the minutes from the European Central Bank's March meeting showed that members broadly agreed that a significant increase in the pace of its asset purchases …
  • The Global Minimum Tax Rate Will Hinder Potential Market Growth 08 Apr 2021 22:53 Investing.com The topic of a minimum tax rate on corporate income is developing rapidly and gaining recognition. Brought up for discussion only earlier this week by Treasury Secretary Janet Yellen, the idea found a quick response from German and French policymakers, the …
  • Rupee dips for 4th straight day, down 11 paise at 74.58 against US dollar 08 Apr 2021 22:19 Business Standard The rupee fell for the fourth straight session and settled 11 paise down at 74.58 (provisional) against the US dollar on Thursday amid fears that a rapid resurgence of Covid cases in the country can disrupt economic recovery. At the interbank forex market, …
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