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US court puts on hold permits for Kinder Morgan unit to build Tennessee pipeline By Reuters
(Reuters) - A US appeals court on Friday suspended the approvals and permits needed to allow a residential project to be built Morgan's children (NYSE:) subsidiary to build a 32-mile gas pipeline in Tennessee, at the request of…
FX Weekly Recap: October 7 – 11, 2024
The forex markets saw many themes at play, including geopolitical developments, central bank commentary, and top tier economic releases.
Safe-havens like the Swiss franc and Japanese yen outperformed, while the “risk-on” currencies rode…
Forexlive Americas FX news wrap: Canadian jobs beat but CAD down for eighth day
Markets:Gold rose $26 to $2,655The yield on US 10-year bonds fell by one basis point to 4.08%.West Texas Intermediate crude fell 30 cents to $75.56The New Zealand dollar advances, and the Japanese yen lagsThe S&P 500 rose 0.7%, reaching…
Tesla’s robotaxi event was long on Musk promises. Investors wanted more details By Reuters
Written by Chris Kirkham LOS ANGELES (Reuters) - For an entrepreneur who always struggles with broken promises, Elon Musk gave himself a to-do list Thursday night at the much-anticipated Tesla (NASDAQ:) show in Hollywood that unveils a…
Dollar at Crossroads as Trump or Harris White House Looms By Investing.com
Investing.com - The upcoming US elections may be a crossroads for the dollar, as a Trump win is likely to initially strengthen the US currency, while a Harris win could lead to short-term weakness, but experts warn against betting on any…
The 45th record close for the S&P index. Dow also closing at a record level.
High risk warning:
Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…
Exclusive-CVS to exit core infusions services business, job cuts possible By Reuters
Written by Amina Niasse NEW YORK (Reuters) - CVS Health is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company spokesman confirmed to Reuters on…
NZDUSD moves back into swing area and between 100/200 day MAs going into the weekend.
NZDUSD has been trading above and below the 100-day moving average this week but above the 200-day moving average (green line) until the Reserve Bank of New Zealand's interest rate decision mid-week. The central bank cut interest rates by…
OPEC report, Fed’s Waller speech highlight Monday’s economic calendar By Investing.com
As traders approach another pivotal day for the financial markets on Monday, October 14, 2024, attention will be focused on key reports and speeches that could influence market dynamics. OPEC's monthly report and Federal Reserve Governor…
AUDUSD is lower on the week, but sellers had their shot and missed below key retracement.
The Australian dollar fell against the US dollar a week ago as a result of the stronger-than-expected US jobs report. However, the price remained above the 200-bar moving average on the 4-hour chart (green line on the chart below). It…