First Digital goes live as Israel’s first new bank since 1978

© Reuters. FILE PHOTO: FILE PHOTO: Amnon Shashua, co-founder of Israeli start-up Mobileye, is seen in Jerusalem JERUSALEM (Reuters) – First Digital Bank, the first new bank in Israel since 1978, started operations on Sunday on a trial basis, and said it planned to open to the public later in 2021. The bank, which Israel’s […]

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CFTC Commitments of Traders: EUR longs trimmed by 24K to the lowest level since June

CFTC Commitments of Traders: EUR longs trimmed by 24K to the lowest level since June Coming Up! Title text for next article LON SDNY+11 NY -5 TYO +9 GMT Weekly 4X futures positioning data for the CFTC for the week ending Tuesday, March 9, 2021 EUR long 102K vs 126K long last week. Longs trimmed by […]

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Brent hits $70 for first time since pandemic began after Saudi attack

2/2 © Reuters. A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport 2/2 By Noah Browning LONDON (Reuters) – Oil prices climbed above $ 70 a barrel for the first time since the start of the coronavirus crisis, after […]

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OPEC+ Drama Helps Gasoline to 1st Week Above $2 Since 2019

© Reuters. By Barani Krishnan Investing.com –  US gasoline futures finished their first week above $ 2 per gallon since 2019, while global crude benchmark Brent neared $ 70 a barrel, after producer alliance OPEC+ largely withheld a production hike for next month, defying market expectations. New York-traded settled at $ 2.065 per gallon on […]

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CFTC Commitments of Traders: EUR long position trimmed. GBP longs is the largest since April 2018

CFTC Commitments of Traders: EUR long position trimmed. GBP longs is the largest since April 2018 Coming Up! Title text for next article LON SDNY+11 NY -5 TYO +9 GMT Weekly forex futures positioning data for the CFTC for the week ending Tuesday, March 2, 2021 EUR long 126K vs 138K long last week. Longs […]

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Amazon trades back below $3000 for the first time since early November. Bounces

Looks to close back below the 200 day MA for the 2nd time in 5 trading days The price of Amazon has dipped below the $ 3000 price level for the 1st time since early November.  The low price in November reached $ 2950.12. The September low reached $ 2871.  . There is a bounce however with the […]

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Pound Extends Longest Winning Streak Against Euro Since 2015

© Reuters. Pound Extends Longest Winning Streak Against Euro Since 2015 (Bloomberg) — Sterling’s vaccine-fueled rally against the euro is beginning to look relentless. The pound extended its longest winning streak in five-and-a-half years after the Telegraph reported the U.K.’s exit from lockdown could be accelerated if data on the effect of vaccines proves better […]

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Brent Oil Hits $60/Barrel; Trades at Highest Since January 2020

© Reuters. By Peter Nurse Investing.com – The front-month Brent futures contract traded past $ 60 a barrel early Monday for the first time in over a year, boosted by hopes for further U.S. economic stimulus measures as well as output discipline by top oil producers that has driven global stockpiles steadily downward over recent […]

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S&P 500 posts biggest gain since Nov. 24, led by gains in tech shares

2/2 © Reuters. FILE PHOTO: Trader Frank Masiello talks on his phone on Wall St. outside the NYSE in New York 2/2 By Caroline Valetkevitch (Reuters) -The registered its biggest daily percentage gain since Nov. 24 on Monday after a steep sell-off last week, and technology-related shares led the advance, while a move by retail […]

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