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Down day to start US election week

Down day to start US election week

The major US stock indices are closing lower to start the US election week. The Dow 30 fared the worst of the major 3 indices. The final number are showing:Dow industrial average -257.60 points or -0.61% at 41794.60S&P -16.11 points or -0.28% at 5712.69Nasdaq...

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Barclays: What we expect from the November RBA meeting

Barclays: What we expect from the November RBA meeting

Barclays expects the RBA to adopt a hawkish tone at its November meeting, reinforcing the message that rate cuts are unlikely in 2024. With the Australian economy operating above potential and core inflation still above target, the RBA is expected to signal a steady...

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Crude oil futures settle at $71.47

Crude oil futures settle at $71.47

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Legend of Arcadia: Redefining Community-Driven Operations

Legend of Arcadia: Redefining Community-Driven Operations

Legend of Arcadia (LoA), a new card-based RPG set in an expansive universe inspired by Kingdom Hearts, is bringing a community-driven operational model to Web3 gaming. With a focus on sustainable growth, LoA aims to establish itself as a leading platform by...

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Canadian dollar bounce highlights the Presidential premium

Canadian dollar bounce highlights the Presidential premium

Harris from her Montreal highschool yearbookThe world of foreign exchange is multi-variate so you never get a full grasp on what's moving a currency on any given day.Economics always overshadows politics and the US election has been playing out in the background for...

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OPEC survey: Output rises 190K bpd led by Libyan recovery

OPEC survey: Output rises 190K bpd led by Libyan recovery

OPEC pumped 26.33 million barrels per day in October, up 195k bpd from September, according to Reuters' influential secondary sources survey.The rise was centered on Libya, which had curtailed production during a political dispute in September. Libya is not subject to...

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US September factory orders -0.5% versus -0.5% expected

US September factory orders -0.5% versus -0.5% expected

Prior month: -0.2% (revised to -0.8%)Factory goods orders ex transportation +0.1% vs -0.1% prior (revised to -0.2%)Durable goods orders -0.7% vs -0.8% preliminary. Last month was -0.8%Durable goods ex transportation +0.5% vs +0.4% preliminary. Last month +0.6%Durable...

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Stocks move lower from the get-go

Stocks move lower from the get-go

The major US stock indices are moving lower from the get-go led by the NASDAQ index which is down -0.64%. The price opened at 18220, and is currently trading 100 points lower at 18120.A snapshot of the major indices currently shows:Dow industrial average -174.39...

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Trading 2024 US Elections Market Volatility with Plus500

Trading 2024 US Elections Market Volatility with Plus500

All eyes will be on the United States on Tuesday, 5 November 2024, as the world awaits the outcome of the contest between Kamala Harris and Donald Trump. With the countdown clock to the 2024 US elections beginning to tick down towards polling day, markets are starting...

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