Dow Industrial Average lower. NASDAQ index trades above and below unchanged
<p>The major US indices are trading mostly lower led by the Dow Industrial Average which is trading down around -0.4% at the open. The NASDAQ index trading above and below unchanged.</p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average -131.40 points or -0.39% at 33759.63.</li><li>S&P index -9.33 points or -0.23% at 4101.74.</li><li>NASDAQ index +2.04 points […]
Japanese Yen Crushed as Bank of Japan Disappoints, Policy Settings Left Unchanged
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure […]
PBOC MLF liquidity injection today – unchanged rate expected (but some expect a small cut)
Later this week from the People’s Bank of China we’ll get the loan prime rate setting: Ahead of that today we’ll get a medium term lending facility (MLF) rollover: 700 billion yuan of this medium-term lending debt is maturing. according to Reuters polling 12 analysts expect the PBOC rollover the 700 billion yuan, 10 expect […]