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Russia: FX Purchases More Than Halved On Expected Drop In Oil Exports
Article By: ING Economics
Wednesday, February 3, 2021 8:39 AM EDT
The Central Bank of Russia's FX purchases in February will total $0.6bn, down from January's $1.4bn.
In this article: RSX
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EUR/USD, GBP/USD Analysis & Setups Feb. 3-5, 2021
Video By: Chris Svorcik
Wednesday, February 3, 2021 8:31 AM EDT
The EUR/USD broke below the support zone of the descending wedge pattern. It is now likely to continue lower in a bearish ABC pattern.
In this video: FXE, UUP, FXB
Watch
CureVac, GSK In Pact To Jointly Develop MRNA Vaccines For COVID-19
Article By: The Fly
Wednesday, February 3, 2021 8:28 AM EDT
GlaxoSmithKline and CureVac announced a new EUR 150M collaboration to jointly develop next-generation mRNA vaccines for COVID-19 "with the potential for a multi-valent approach to address multiple emerging variants in one vaccine."
In this article: GSK, CVAC
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GME: A Lesson In How A Short Squeeze Works
Article By: Tim Plaehn
Wednesday, February 3, 2021 8:20 AM EDT
There is a difference between investing and speculating. With speculation, you may hit the occasional home run, but most trades end up as money-losing strikeouts.
In this article: GME
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Better Markets Spells Out How A Lawless Financial Sector Robs Its Customers
Article By: Danielle Park, CFA
Wednesday, February 3, 2021 8:11 AM EDT
Better Markets is a public interest 501(c)(3) non-profit based in Washington, DC that advocates for greater transparency, accountability, and oversight in the domestic and global capital and commodity markets.
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Jeff Bezos Leaves His Position As CEO Of Amazon
Article By: Stefan Popovski
Wednesday, February 3, 2021 8:01 AM EDT
In a surprise statement, the Amazon founder has announced that he will step down as CEO of the company this summer. He will leave the company to dedicate himself to more personal projects.
In this article: AMZN
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The Greenback Remains Resilient As The Bulls Drive Equities Higher
Article By: Marc Chandler
Wednesday, February 3, 2021 7:57 AM EDT
Equities have charged higher, and the greenback is mostly firmer.
In this article: FXE, ACWI, FXA, FXB, FXC, IEF, UDN, UUP, SPX
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Silver Falling Like A Stone
Article By: Nenad Kerkez
Wednesday, February 3, 2021 7:52 AM EDT
Silver made a bounce and it was expected to drop. The drop happened at important resistance so we are close to the POC zone now.
In this article: SLV
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How The World Turns Day After Day After Day
Article By: Jim Boswell
Wednesday, February 3, 2021 7:48 AM EDT
This article explains my optimism for future world conditions, including business and market conditions..
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Indian Indices End At Record High; Sensex Ends Above 50,000-Mark For The First Time
Article By: Equitymaster India
Wednesday, February 3, 2021 7:43 AM EDT
Indian share markets extended their rally seen this week and ended at record-high levels today with pharma and banking stocks leading the gains. The BSE Sensex ended above the 50,000-mark for the first time today.
In this article: INDY, EPI, PIN, INDA
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Blue Lagoon Resources, Near-Term Production Opportunity, High-Grade Gold & Silver In B.C.
Article By: Peter Epstein
Wednesday, February 3, 2021 7:38 AM EDT
Blue Lagoon Resources has a top 5% grade gold deposit. It should not be ignored.
In this article: BLAGF
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What Was Up When GameStop Tanked
Article By: David Pinsen
Wednesday, February 3, 2021 7:33 AM EDT
On a day when GameStop dropped 60%, these four names were up. All four are current or previous top names of ours, and may have more room to run.
In this article: GME, PLUG, MSTR, NNDM, BNGO Also: SLV
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Wall Street’s Bullish Pre-open Driven By Alphabet’s Q4 Earnings Reports
Article By: Admiral Markets
Wednesday, February 3, 2021 7:25 AM EDT
During yesterday's trading day, Google’s parent company Alphabet announced its Q4 2020 results, showing excellent revenue performance hugely exceeding the expectations of market analysts.
In this article: GOOGL Also: AMZN, MSFT
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What Does The U.S. Manufacturing Recovery Mean For Commodities?
Article By: Ed Dolan
Wednesday, February 3, 2021 7:23 AM EDT
A new Congress has convened. Soon the battle of the budget will begin. On one side will be the advocates of stimulus, who think the economy needs help to recover fully from the damage done by the pandemic.
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GBPUSD Breaks Down From Ascending Wedge
Article By: Orbex
Wednesday, February 3, 2021 7:18 AM EDT
The British pound sterling is extending declines after losing the support from the trendline of the ascending wedge pattern.
In this article: FXB, UUP
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Tilman Fertitta Takes Liberty With SPAC Menu
Article By: Lipper Alpha Insight
Wednesday, February 3, 2021 7:10 AM EDT
The owner of the Houston Rockets is selling Fertitta Entertainment, his casino and steak company, to Fast Acquisition, a blank-check firm managed by the founder of now-bankrupt restaurant chain Ruby Tuesday, for some $6.6 billion including debt.
In this article: FST Also: EAT, PENN, LCYAU
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