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JusephHubert

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About JusephHubert

  • Birthday 11/12/1991

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  1. Midway through trading Friday, the Dow traded up 0.39% to 35,029.73 while the NASDAQ rose 1.02% to 14,689.65. The S&P also rose, gaining 0.57% to 4,431.01. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 37,296,810 cases with around 625,180 deaths. India confirmed a total of at least 32,358,820 cases and 433,580 deaths, while Brazil reported over 20,494,210 COVID-19 cases with 572,640 deaths. In total, there were at least 210,073,340 cases of COVID-19 worldwide with more than 4,404,570 deaths, according to data compiled by Johns Hopkins University. Leading and Lagging Sectors Information technology shares rose 1.3% on Friday. Meanwhile, top gainers in the sector included Pixelworks, Inc. PXLW 21.06%, up 18% and VirnetX Holding Corp VHC 11.2% up 13%.In trading on Friday, energy fell 0.5%. Top Headline Deere & Company DE 1.82% reported better-than-expected results for its third quarter on Friday. Deere reported quarterly adjusted earnings of $5.32 per share, surpassing analysts’ expectations of $4.57 per share. The company’s quarterly sales came in at $11.53 billion, versus estimates of $10.30 billion. Deere raised its FY21 net income guidance from $5.3 billion -$5.7 billion to $5.7 billion -$5.9 billion. Equities Trading UP GeoVax Labs, Inc. GOVX 53% shares shot up 42% to $6.12 after the company presented data from ongoing studies of its preventive vaccine against COVID-19, showing its modified virus Ankara - virus like particle platform, has a design strategy for vaccines that is expected to induce broader immunity through inclusion of multiple structural and nonstructural proteins from the target pathogen. Shares of Flora Growth Corp. FLGC 26.22% got a boost, shooting 26% to $11.09 after the company reported its financial and operating results for the six months ending June 30, 2021, revealing revenues of over $2 million, compared to revenues of approximately $100 000 in the same period of last year.360 DigiTech, Inc. QFIN 15.3% shares werealso up, gaining 14% to $19.32 after the company posted a rise in Q2 sales Check out these big movers of the day Equities Trading DOWN Sonnet BioTherapeutics Holdings, Inc. SONN 50.28% shares tumbled 48% to $0.6321 after the company priced a 35.29 million share offering of common stock and warrants at $0.85 per unit.Shares of HEXO Corp. HEXO 27.66% were down 25% to $2.4017 after the company reported a $140 million public offering.Progenity, Inc. PROG 55.46% was down, falling 54% to $0.6800 after the company reported pricing of $40 million public offering of common stock and warrants. Commodities In commodity news, oil traded down 0.7% to $63.23, while gold traded down 0.1% to $1,780.90.Silver traded down 1.3% Friday to $22.93 while copper rose 1.8% to $4.1150. Euro zone European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.38%, the Spanish Ibex Index gained 0.38% and the German DAX 30 gained 0.17%. Meanwhile, the London’s FTSE 100 gained 0.45%, French CAC 40 rose 0.33% and Italy’s FTSE MIB slipped 0.04%.German producer prices jumped 10.4% year-over-year in July following an 8.5% increase in the previous month. Retail sales volumes in the UK declined 2.5% in July, while the GfK consumer confidence index declined to -8 in August. Economics The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
  2. The US dollar rose against other currencies after a senior Federal Reserve official said that the bank should exit its emergency bond-buying program. In an interview with the Financial Times, Eric Rosengreen, CEO and president of Boston Fed, said that the ongoing bond purchases were ill-suited to address some of the challenges facing the economy like supply shortages. He said that the solution was for the government to end some of its stimulus measures and urge people to go back to work. This has, in turn, led to supply shortages, which has pushed prices higher. The British pound tilted higher even after the relatively weak UK inflation data. According to the Office of National Statistics (ONS), the country’s consumer price index (CPI) declined from 2.5% in June to 2.0% in July. This decline was worse than the median estimate of 2.3%. The core CPI that excludes the volatile food and energy prices declined from 2.3% to 1.9%. This was lower than the estimated 2.2%. Meanwhile, the producer price index input and output rose to 9.9% and 4.9%, respectively. The NZDUSD wavered after the latest Reserve Bank of New Zealand (RBNZ) interest rate decision. The bank decided to leave interest rates unchanged at 0.25%, where it has been in the past few months. Analysts were expecting that the bank will hike interest rates by about 0.25%. In its statement, the bank attributed the decision to the country’s reintroduction of level 2 lockdowns after it reported one Covid-19 case. NZD/USD The NZDUSD pair declined after the latest RBNZ decision. It initially declined to 0.6868, which was the lowest level since November. It is trading at 0.6895, which is below this month’s high of 0.7090. On the four-hour chart, the price is along the lower side of the Bollinger Bands while the MACD has declined substantially. Therefore, the pair will likely bounce back in the next few days as New Zealand manages to address the Covid situation. GBP/USD The GBPUSD pair tilted slightly higher as investors reflected on the latest UK inflation numbers. On the four-hour chart, the pair moved to the lower line of the descending channel. The pair has also formed an inverse head and shoulders pattern, which is usually a bullish sign. Still, it remains below the 25-day moving average while the Relative Strength Index (RSI) has moved below the oversold level. The pair will likely bounce back ahead of the FOMC minutes. USD/JPY The USDJPY pair rose to a high of 109.63, which was slightly above last Friday’s low of 109.10. On the four-hour chart, the pair is still below the 25-day and 15-day moving averages. The MACD indicator has made a bullish divergence pattern while the moving average of oscillator has moved above the neutral line. Therefore, the pair will likely continue rising as bulls target the key resistance at 110.
  3. Welcome to join the Forex Community.
  4. Welcome Here! How are you?
  5. Hi,i am Juseph. I am from Canada.
  6. Hello, How are you doing? Welcome to the Forum.
  7. Hi, How are you? Welcome to Top Gold Forum.
  8. Welcome to join the Forex Community.
  9. Hi, How are you? Welcome to Top Gold Forum.
  10. Hi, How are you? Welcome to Top Gold Forum.

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