• Nasdaq rallies as Facebook, Netflix notch all-time highs
    Yahoo Finance Video3 hours ago

    Nasdaq rallies as Facebook, Netflix notch all-time highs

    Yahoo Finance’s Seana Smith and Jared Blikre on the biggest stories moving the markets in midday trading Wednesday.

  • Investing.com20 minutes ago

    Gold Prices Hover Above Session Lows as U.S. Bond Yields Rise

    Investing.com – Gold prices hovered above session lows Wednesday as fears of a full-blown trade war between the U.S-China eased, sending U.S. bond yields higher, hurting demand for safe-haven gold.

  • MarketWatch1 hour ago

    Dollar steadies as trade-war worries cool—for now

    The dollar saw muted action Wednesday, as major currency trading calmed somewhat, a day after fears of a trade war between China and the U.S. sparked fresh haven buying. The U.S. ICE Dollar Index (IFUS:DX-Y.NYB), which measures the greenback against a basket of six rivals, was little changed in negative territory at 95.095, after touching an 11-month peak on Tuesday, underlining a period of relative placidity after markets were thrown into a tizzy after the U.S. threatened to place tariffs on an additional $400 billion worth of Chinese imports and Beijing warned it would retaliate. A broader gauge of dollar strength, the WSJ Dollar Index (CALCULATED:BUXX), was 0.1% stronger at 88.31.

  • Investing.com1 hour ago

    Dollar Subdued as GBP/USD Fights Back, U.S. Housing Data Fall Short

    Investing.com – The U.S. dollar was roughly unchanged against its rivals Wednesday as softer U.S. economic data and a rebound in sterling kept a lid on upside momentum.

  • Here’s one way for British-pound bulls to prep for the Bank of England policy meeting
    MarketWatch2 hours ago

    Here’s one way for British-pound bulls to prep for the Bank of England policy meeting

    Traders looking to get bullish on the British pound ahead of Thursday’s Bank of England meeting might want to try taking the dollar out of the equation, analysts said. Sterling (GBPUSD) hovered around a 7-month low versus the dollar ahead of the central bank meeting, thanks in part to a nearly relentless rally by the U.S. currency that began back in April. To get around that, traders looking for a more hawkish tone from the Bank of England might look to the euro-sterling (EURGBP) pair, which is also seen as a more accurate Brexit risk barometer, analysts said.

  • Reuters2 hours ago

    German finance minister defends euro reforms against conservative attack

    Germany's finance minister on Wednesday defended a euro zone reform blueprint agreed with France against criticism by Chancellor Angela Merkel's conservatives that it could undermine monetary stability. Members of Merkel's conservative bloc opposed to larger financial contributions to the euro zone criticised her agreement with French President Emmanuel Macron to create a common budget for the currency bloc. Merkel and Macron hailed a "new chapter" for the euro zone after talks at the Meseberg retreat outside Berlin on Tuesday where they praised the budget as a tool to strengthen economic competitiveness in the currency union.

  • Gold Steady as Dollar Rises and Trade Tensions Ease
    Investing.com4 hours ago

    Gold Steady as Dollar Rises and Trade Tensions Ease

    Gold prices were steady at a six-month low on Wednesday, as the greenback rose and trade tensions waned. Comex gold futures for August delivery were down 0.20% to $1,276.10 a troy ounce as of 10:38 AM ET (14:38 GMT). Trade tensions between the U.S. and China eased but still remained on the back of investors minds, as the two largest economies in the world faced a tit-for-tat over trade tariffs.

  • Stocks- Wall Street Rallies as Trade Tensions Wane
    Investing.com5 hours ago

    Stocks- Wall Street Rallies as Trade Tensions Wane

    The S&P 500 gained six points or 0.25% to 2,769.56 as of 9:41 AM ET (13:41 GMT) while the Dow composite increased 26 points or 0.11% to 24,664.33 and tech heavy NASDAQ Composite rose over 40 points or 0.52% to 7,766.07.

  • Cryptos Fall After Another Exchange Hack
    Investing.com6 hours ago

    Cryptos Fall After Another Exchange Hack

    Bitcoin was trading at $6,626.10, decreasing 2.27% the Bitfinex exchange, as of 8:39 AM ET (12:39 GMT).

  • Stocks- U.S. Futures Attempt Recovery as Trade Tensions Lull
    Investing.com7 hours ago

    Stocks- U.S. Futures Attempt Recovery as Trade Tensions Lull

    Investing.com – U.S. futures were higher on Wednesday as trade tensions died down.The S&P 500 futures were up 10 points or 0.36% to 2,776.25 as of 6:45 AM ET (10:45 GMT) while Dow futures increased 127 points or 0.51% to 24,842.0. Meanwhile tech heavy Nasdaq 100 futures rose 26 points or 0.36% to 7,278.25.Trade tensions between the U.S. and China still remained on the back of investors minds, as the two largest economies in the world faced a tit-for-tat over trade tariffs.Stocks tumbled on Tuesday after U.S. ...

  • Sterling near 7-Month Lows Ahead of Brexit Vote
    Investing.com8 hours ago

    Sterling near 7-Month Lows Ahead of Brexit Vote

    Investing.com - The pound was trading close to seven month lows on Wednesday as Prime Minister Theresa May’s government faced another crunch vote on Brexit.

  • Gold Price Futures (GC) Technical Analysis – June 20, 2018 Forecast
    FX Empire9 hours ago

    Gold Price Futures (GC) Technical Analysis – June 20, 2018 Forecast

    Based on the early price action, the direction of the gold market today is likely to be determined by trader reaction to a pair of downtrending Gann angles at $1278.40 and $1281.00.

  • EUR/USD Mid-Session Technical Analysis for June 20, 2018
    FX Empire9 hours ago

    EUR/USD Mid-Session Technical Analysis for June 20, 2018

    Based on the early price action, the direction of the EUR/USD on Wednesday will be determined by trader reaction to the downtrending Gann angle at 1.1531. This angle also forms a support cluster with yesterday’s low at 1.1531. 

  • MarketWatch10 hours ago

    EU to impose tariffs on $3.2 billion of U.S. goods starting Friday

    The European Union will begin implementing tariffs on €2.8 billion ($3.2 billion) worth of goods imported from the U.S. on Friday, the European Commission said Wednesday. The "rebalancing measures" are in response to the U.S. imposing respective tariffs of 25% and 10% on aluminum and steel imports from the EU on June 1, the commission said. Agricultural goods and other U.S. products will also be hit with levies.