It appeared that the bears firmly took the reins of yesterday’s session, but most of their gains were history before the closing bell. Have we seen an important turning point for oil? Let’s start with the daily chart examination: charts courtesy of stockcharts.com and stooq.com The futures opened today 8 […]
Fed in No Hurry to Move from Sidelines, Minutes Show
(C) Reuters. By Yasin Ebrahim Investing.com – Federal Reserve policymakers agreed that current stance on monetary policy was likely to remain appropriate “for a time” to sustain economic growth and support the pace of inflation, which continues to fall short of the central bank’s target. Minutes of the Fed’s Jan. […]
Wi-Fi 6E Means Buy Broadcom
Download and upload speeds are what everybody is looking for in their Wi-Fi performance. That’s the goal for chip makers and Broadcom (NASDAQ: AVGO) has sprinted out into the lead. As we’re just getting used to the speed and capacity of the Wi-Fi 6 chip, Broadcom is releasing the Wi-Fi […]
The Broadband Industry Is Suing Maine Over a Web Privacy Law
The broadband industry is suing Maine to stop a web-browsing privacy law similar to the one killed by Congress and President Donald Trump in 2017. Industry groups claim the state law violates First Amendment protections on free speech and the Supremacy Clause of the US Constitution. ARS TECHNICA This story […]
U.S. housing starts fall, building permits near 13-year high
(C) Reuters. A new apartment building housing construction site is seen in Los Angeles By Lucia Mutikani WASHINGTON (Reuters) – U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help keep the longest economic expansion […]
World Bank pandemic bond under pressure as coronavirus spreads
By Karin Strohecker LONDON (Reuters) – A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost half its value as the coronavirus outbreak in China has fanned fears that investors could face hefty losses. After the 2013-2016 Ebola outbreak that […]
CFTC to propose longer timelines for reporting some swap trades
Economic Indicators31 minutes ago (Feb 19, 2020 01:16PM ET) CFTC to propose longer timelines for reporting some swap trades (Reuters) – The Commodity Futures Trading Commission said on Wednesday it will propose changes to rules on how swap trades are reported to data repositories at a meeting on Thursday, in […]
Oil At 2-Week High On Coronavirus Optimism, Rosneft Sanctions
Crude is rebounding on Wednesday, paring losses after two sessions of declines, however the losses at the start of the week were just a slight blip in an otherwise bullish charge. Crude oil has rallied 1.4% so far this week, extending gains on 3.4% in the previous week. Oil is […]
U.S. housing starts fall, building permits near 13-year high
(C) Reuters. A new apartment building housing construction site is seen in Los Angeles By Lucia Mutikani WASHINGTON (Reuters) – U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help keep the longest economic expansion […]
Physicists Take Their Closest Look Yet at an Antimatter Atom
The laws of physics, as experts currently understand them, dictate the following: Every fundamental particle has an antimatter twin. The electron, quark, and muon, for example, are paired with the positron, antiquark, and antimuon, respectively. Each antiparticle weighs exactly the same as its twin, but exhibits precisely the opposite electric […]