Covid-19 – Page 20 – The Moneylust

Gold finds a foot and rises to a two-day highGold finds a foot and rises to a two-day high

Gold got ahead of itself in the past seven weeks but it’s showing in the past two days that it might not be dead yet. […]

Goldman Sachs: Tough for GBP/USD to break 1.23 without corresponding EUR/USD moveGoldman Sachs: Tough for GBP/USD to break 1.23 without corresponding EUR/USD move

Goldman Sachs analysts express skepticism about the GBP/USD’s ability to break through the 1.23 level independently of significant movement in the EUR/USD. Recent positive economic […]

USDCAD moves higher helped by fundamental data/technical bounce.USDCAD moves higher helped by fundamental data/technical bounce.

The Canada retail sales came in a bit weaker than expectations. Meanwhile, US durable goods orders showed strength. That combination helped to push up the […]

Retail sales keep Bank of Canada on track to cut rates in June – CIBCRetail sales keep Bank of Canada on track to cut rates in June – CIBC

CIBC sees Canadians growing more cautious about spending as mortgages come up for renewal at much higher rates. Retail sales fell 0.1% compared to +0.1% […]

S&P and NASDAQ index up for the third day in a rowS&P and NASDAQ index up for the third day in a row

The S&P and NASDAQ and are working on their third day in around higher. The NASDAQ is leading the way with a gain close to […]

Atlanta Fed Q1 GDPNow 2.7% vs 2.9% priorAtlanta Fed Q1 GDPNow 2.7% vs 2.9% prior

The flash Q1 US GDP estimates is due on Thursday so we’re down to the final readings from the Atlanta Fed, which has a good […]

US market advanced durable goods orders 2.6% versus 2.5% expectedUS market advanced durable goods orders 2.6% versus 2.5% expected

Prior month 1.3% (revised). Revised even lower to 0.7%nondefense capital goods orders ex air 0.2% vs 0.2% expected. Prior nondefense capital goods orders ex-air 0.7% […]

The Moneylust