US stock market indices put in a huge reversal in yesterday’s trading after comments from Federal Reserve Chairman Jerome Powell signalled that the bank would continue to buy bonds even as the economic outlook has started to improve.
Currently, the Fed is
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We enter the last week of February with a very different technical outlook for gold and oil prices than this time last year, at the beginning of the pandemic. In February 2020, the future outlook for both gold and oil was completely bullish and bearish respectively. H
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Walmart shares were down more than 6% on Thursday after the world’s biggest retailer posted a fourth-quarter earnings miss. While the retailer’s e-commerce sales in the US grew by 69%, investors were given the warning sign when the company said it expects
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After an incredible +400% run higher in Berkshire Hathaway’s stock price from the lows of 2009 to the highs of 2018, the share price has spent much of the past few years stuck in a range. In fact, from 2018 to early this year its share price has traded in a cons
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In January, the dollar index experienced a sharp rebound in its price after hitting its critical support level. This followed the weakness of the US dollar against its major rivals in 2020 which led to it trading below the 90.00 level at the beginning of this year.
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