EUR/USD Technical Outlook – Bearish 'Death Cross' Nearing Completion
The EUR/USD cross is pushing marginally higher ahead of today’s FOMC minutes, but a moving average crossover may derail any further move to the topside.
Australia, NZ Dollars Carried Higher by Global Growth Tide
SYDNEY, April 7 Reuters The Australian and New Zealand dollars were breaking higher on Wednesday as signs of an accelerating global economy underpinned currencies leveraged to trade flows and commodity prices. The Aussie pushed to a twoweek top of 0.7675, having finally cleared resistance at 0.7668. The break opens the way to 0.7745 and a […]
Big U.S. banks, exchanges may gain from 2H capital-ratio change
The largest U.S. banks, including JPMorgan, Bank of America and Citigroup, may get regulatory relief from a proposal to alter the enhanced supplementary leverage ratio (eSLR).
EUR Up, GBP Down as European Stocks Hit Record; FOMC minutes
Rates as of 0500 GMT Market Recap Wow! What happened to GBP overnight? No idea. Neither Bloomberg nor Reuters nor anyone else I could find had a good explanation of why GBP basically collapsed. It seems to have been a reaction against the big move on Monday April 5th, which took place while the UK […]
Oil Rises on Stronger Economic Outlook, U.S. Stockpile Draw
Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID19 vaccinations and a report that crude inventories in the United States, the worlds biggest fuel consumer, fell. But optimism about talks between the United States and Iran over Irans nuclear programme and an impending increase in supply by […]
European Stocks Pause near Record High, UK Outperforms
European stocks hovered near record highs on Wednesday supported by gains in real estate and telecom shares, while optimism over speedy vaccination drives and a weaker pound helped UK equities outperform. The panEuropean STOXX 600 index was flat, trading just below the record closing high of 435.26 points on Tuesday. UKs exporterheavy FTSE 100 gained […]
COVID-19 & the future of data discovery, access and integration
For financial professionals looking for new ways to thrive and solve problems remotely, data access, discoverability and consumption are more important than ever.
Indian Shares Inch up ahead of Central Bank Rate Decision
BENGALURU, April 7 Reuters Indian shares inched higher on Wednesday, ahead of a central bank decision that could leave interest rates at record lows, as a second surge in domestic coronavirus cases sparked fears about the impact on economic growth. The Reserve Bank of India RBI, which has slashed its main repo rate by 115 […]
German Labs Group Synlab to Float on Stock Market
BERLIN, April 7 Reuters German laboratory services group Synlab said on Wednesday it planned to float on the stock market, offering investors exposure to a coronavirus testing boom and the consolidation of Europes fragmented healthcare landscape. Sources familiar with the matter have said that Synlab, owned by private equity group Cinven, could fetch a valuation […]
Japanese Shares End Higher on BargainHunting
TOKYO, April 7 Reuters Japanese shares closed higher on Wednesday after posting their biggest drop in nearly two weeks in the previous session, while stocks of electronics makers gained after Toshiba Corp received a proposal to go private in a 20 billion deal. The benchmark Nikkei share average ended up 0.12 at 29,730.79, while the […]