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$Silver looking vulnerable as it fails to clamber back above the 50-DMA (24.51) Break below $24 would probably validate the Bear Flag continuation pattern and could see price push back towards the psychologically imposing $20 mark $SLV $SLVR Credit Daniel Moss Source : https://twitter.com/DanielGMoss
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(Reuters) – British Prime Minister Boris Johnson is preparing to hand councils extra money for holiday clubs, aiming to end a row with Manchester United footballer Marcus Rashford over free school meals, The Telegraph. Johnson is studying a proposal to extend the Holiday Activity and Food (HAF) programme piloted during the summer so children can...
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NEW YORK (Reuters) – Goldman Sachs Group Inc (N:GS) attempted to cover up allegations of workplace sexual misconduct by the bank’s global head of litigation, a lawsuit filed on Monday in New York State Supreme Court claimed. The lawsuit was filed by Marla Crawford, a former associate general counsel at the bank, against Goldman Sachs, the bank’s...
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(Reuters) – UK regulators are considering plans to allow banks to start paying dividends again next year, The Times newspaper reported on Monday. The Bank of England (BoE) and commercial banks are “bartering” a deal to allow banks to make shareholder payouts as long as their loss-absorbing capital buffers are strong and they continue to...
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TOKYO (Reuters) – Oil prices fell on Monday, extending last week’s losses, as a jump in COVID-19 infections in the United States and Europe raised alarms over crude demand, while the prospect of increased supply also hurt sentiment. Brent crude (LCOc1) was down by 53 cents, or 1.3%, at $41.24 by 0052 GMT. U.S. West...
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#CrudeOil down 1.95% on the back of tightening #COVID19 restrictions in several European nations $EURUSD nudging marginally lower Credit Daniel Moss Source : https://twitter.com/DanielGMoss
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#Silver retracing its losses earlier in the session as price carves out a Bear Flag pattern With resistance at $25 holding firm, further losses appear in the offing A daily close below the 21-DMA (24.20) may open the door for a retest of 61.8% Fib support (21.74) $SLVR$SLV Credit Daniel Moss Source : https://twitter.com/DanielGMoss
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By Barani Krishnan Investing.com – Gold’s dazzling three-day rally snapped on Thursday as the dollar recovered from its seven-week low and talks continued to drag on between the White House and rival Democrat lawmakers for a COVID-19 financial relief plan before the U.S. election. U.S. gold for December delivery settled at $1,904.60, down $24.90, or 1.3%....
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LONDON (Reuters) – The increased risk to ethnic minorities from COVID-19 is largely driven by factors such as living circumstances and profession and not the genetics of different groups or structural racism, a report into racial disparities from the pandemic has found. Several studies have shown a disproportionate impact of COVID-19 on ethnic minorities, and...
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By Kane Wu and Scott Murdoch HONG KONG (Reuters) – Major Wall Street banks in India raked in their second-highest fee income since the global financial crisis in the first nine months of this year, benefitting from a flurry of private-sector deals despite the coronavirus pandemic. India has seen a number of multi-billion dollar transactions...
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