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Australian Employment Preview: Solid Jobs Report To Revive AUD/USD’s Bullish Momentum
Article By: Dhwani Mehta
Wednesday, February 17, 2021 7:28 AM EDT
Australia’s jobless rate to fall further to 6.5% in January. Solid jobs data unlikely to alter RBA’s dovish policy stance. AUD/USD to test 2021 tops on encouraging employment data.
In this article: FXA, UUP
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Sensex Ends 400 Points Lower; Nestle And Asian Paints Among Top Nifty Losers
Article By: Equitymaster India
Wednesday, February 17, 2021 7:20 AM EDT
Indian share markets witnessed huge selling pressure during closing hours today and ended on a negative note. At the closing bell, the BSE Sensex stood lower by 400 points. The NSE Nifty ended down by 104 points.
In this article: INDY, EPI, PIN, INDA
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EUR/USD: King Dollar Comeback? Not So Fast, The Euro Is Set To Bounce At Critical Support
Article By: Yohay Elam
Wednesday, February 17, 2021 7:14 AM EDT
Euro/dollar has dropped below the 50 and 100 Simple Moving Averages and momentum has turned to the downside.
In this article: FXE, UUP
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A Real-Life Example Of Dividend Value Investing Paying Off Big
Article By: Tim Plaehn
Wednesday, February 17, 2021 7:09 AM EDT
Recently, large-cap shopping mall REIT, Simon Property Group showed how the company’s deep knowledge of retailing allowed it to make some very profitable investments in companies investors had written off.
In this article: SPG
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4 ETFs To Invest In Shining Semiconductor Stocks
Video By: Neena Mishra
Wednesday, February 17, 2021 7:05 AM EDT
Semiconductor ETFs continue to outperform the broader market thanks to surging demand for chips from manufacturers of everything from smartphones to cars, laptops, PCs, video games, and data centers.
In this video: SOXX, PSI, SMH, XSD Also: AMD, TSM, AAPL, AMZN, AVGO, INTC, NVDA
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EURUSD: A Drop To 1.1952 Could Be In The Cards
Article By: Alpari
Wednesday, February 17, 2021 6:45 AM EDT
The EURUSD pair logged losses on Tuesday, February 16, although the first half of the day saw smooth trading for the European currency.
In this article: FXE, UUP
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UK: Inflation Begins Its Journey Up Towards 2%
Article By: ING Economics
Wednesday, February 17, 2021 6:30 AM EDT
For various quirky reasons, UK inflation nudged higher in January, a move that is set to continue and take headline CPI to 2% by year-end.
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Lone Star State Loses Power
Article By: Simon Lack
Wednesday, February 17, 2021 6:18 AM EDT
Texas is a leader in wind energy. It’s tempting to blame the recent blackouts prompted by exceptionally cold weather on the intermittency of wind power.
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Align Technology: A Stock To Sink Your Teeth Into
Article By: StockNews
Wednesday, February 17, 2021 6:15 AM EDT
Medical oral care specialist Align Technology is known for its diverse portfolio of dental scanners and clear aligner orthodontics. The stock has maintained its momentum over the past year, despite the pandemic.
In this article: ALGN
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Daily Stock Analysis: Leggett & Platt
Article By: Fredrik Arnold
Wednesday, February 17, 2021 5:57 AM EDT
Leggett & Platt's price per share closed at $42.17 yesterday. A year ago its price was $45.06.
In this article: LEG
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The Fight Over Economics Is A Fight Over Culture
Article By: Ryan McMaken
Wednesday, February 17, 2021 5:55 AM EDT
The Left long ago figured out how to get ordinary people interested in economic policy. The strategy is two pronged.
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Is All Of 2021 Already Priced In?
Article By: Upfina
Wednesday, February 17, 2021 5:47 AM EDT
What seemed impossible in 2020 is happening in 2021. The yield curve is steepening and commodities are rallying. The cold weather in America is boosting oil and natural gas prices.
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Risk Appetite Bolster Yen Pairs
Article By: Elliottwave Forecast
Wednesday, February 17, 2021 5:41 AM EDT
The Japanese Yen is weak against all other most-traded currencies, demonstrating market sentiment favoring riskier currencies.
In this article: FXE, FXY
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The Dollar Depreciates – And That’s A Good Thing
Article By: Menzie Chinn
Wednesday, February 17, 2021 5:36 AM EDT
Interesting to note that the dollar has declined in tandem with economic policy uncertainty, as measured by the Baker, Bloom & Davis index (and predicted by historical correlations).
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Gold, Crude Oil Forecast: Rising Yields And Stronger USD Exert Pressure
Article By: DailyFX
Wednesday, February 17, 2021 5:31 AM EDT
Gold and WTI crude oil prices both traded lower during Wednesday’s APAC session, as the US Treasury yields climbed to their highest level seen in almost a year.
In this article: GLD, OIL, USO
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Light Selling
Article By: Declan Fallon
Wednesday, February 17, 2021 5:26 AM EDT
We are not seeing a whole lot from either side of the market, just a mixed sequence of low key buying and selling which so far has edged in bulls favor, but there would be no give aways on the daily reporting.
In this article: IWM, SPX
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