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Deals aren’t as enticing this Black Friday compared with years past — but it’s still possible to find bargains if you know where to look.
Gold (XAU/USD) sticks to its negative bias through the Asian session on Thursday and trades below a nearly two-week high, touched the previous day, though the downside seems limited. The prospects for lower US interest rates, along with hopes for a peace deal between Russia and Ukraine, remain supportive of the upbeat market mood. This, in turn, is seen driving some flows away from the safe-haven bullion amid thin trading volumes on the back of the Thanksgiving holiday in the US.Meanwhile, A mixed set of US economic indicators released this week did little to alter market expectations that the US…
A growing youth trend of withdrawal and low-desire living is complicating Beijing’s push for consumption-led growth.
How the Day-Trading Options Market Works Options Trading Strategies While watching a business news segment, you may have heard that over 100 million stock options traded in a single day. This number is staggeringbut accurate. Research shows that average daily stock options volume ranges from 50–60 million contracts, with high-volatility days pushing volume well above 100 million. Why is options day trading exploding in popularity?Because options offer leverage, fast price movement, and the potential for large percentage gains in short timeframes. But that same volatility also makes them high-risk. This guide explains how the day-trading options market works,…
Kohl’s strong results come on Michael Bender’s second day as official CEO, and as discount retailers are enjoying an uptick in sales.
The Japanese Yen(JPY) trades on the front foot against the US Dollar (USD) on Tuesday, with USD/JPY pressured by intervention chatter in Tokyo and a weaker Greenback following soft US economic data. At the time of writing, the pair is trading around 156.05, down nearly 0.50%, retreating from recent multi-month highs.The US Dollar came under heavy selling pressure after delayed Producer Price Index (PPI) and Retail Sales figures for September pointed to softer inflation momentum and weakening consumer demand.Headline PPI rose 0.3% MoM, in line with expectations, while the annual rate held at 2.7%, but the core measure increased only…
Potential Fed rate cut in December could ignite a ‘risk-on’ flame — but just for a short time.
Silver (XAG/USD) rallies sharply during the North American session, edged up more than 2.50% after bouncing off daily lows of $49.73 and trades at $51.37 at the time of writing. Expectations that the Federal Reserve might ease policy in December push US Treasury yields lower, a tailwind for the non-yielding metal.XAG/USD Price Forecast: Technical outlookSilver’s uptrend in the short-term resumed, but traders need to clear key resistance at $52.46, November 13 high. A breach of the latter will expose the yearly high of 54.46 reached in mid-October, ahead of the $55.00 milestone.Momentum as measured by the Relative Strength Index (RSI)…
U.S. stock futures rose Sunday, in hopes of building on Friday’s rebound, as investors await the start of the critical holiday shopping season following a wild week on Wall Street.
GBP/USD trades below 1.3100 amid firmer USD, UK budget uncertaintyThe GBP/USD pair struggles to capitalize on its gains registered over the past two days and kicks off the new week on a softer note amid a broadly firmer US Dollar (USD). Spot prices, however, manage to hold comfortably above last week’s swing low and currently trade just below the 1.3100 mark, down less than 0.15% for the day.The USD Index (DXY), which tracks the Greenback against a basket of currencies, sits near its highest level since late May amid less dovish Federal Reserve (Fed) expectations. In fact, chances for another rate cut…