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Shock & Awe Markets, Bank Stocks, Apple's Debt Move, Trading Amazon, ServiceNow - Vimarsana News

Shock & Awe Markets, Bank Stocks, Apple's Debt Move, Trading Amazon, ServiceNow

Shock & Awe Markets, Bank Stocks, Apple's Debt Move, Trading Amazon, ServiceNow Right off the top, the bubble has burst for the 'short squeeze' names such as GameStop and AMC Entertainment. Feb 03, 2021 | 07:28 AM EST Retired General Tommy Franks never cared for the term "shock and awe", and really did not see his tactics in the way they were described by the mainstream media back in 2003, as U.S. forces invaded Iraq. The U.S. made use of overwhelming air superiority backed by the rapid use of just as overwhelming ground forces. The whole idea of such an intense show of force is to ra...

Gold stumbles on strong US data, BTPs, bitcoin rises on Visa news - MarketPulse - Vimarsana News

Gold stumbles on strong US data, BTPs, bitcoin rises on Visa news - MarketPulse

Gold stumbles on strong US data, BTPs, bitcoin rises on Visa news February 3, 2021SharePrint Silver is bouncing back now that the retail disruption is behind us. The Reddit frenzy led to silver going on a roller-coaster earlier in the week. Silver will thrive this year as expectations are high for the Biden administration to drive green capex with solar panels getting support via presidential executive orders. Gold under pressure after solid US numbers Gold is struggling as demand for safe-havens ease following better-than-expected US economic data.  The ADP employment change, final Markit S...

January 2021 ISM and Markit Services Surveys Improved - Vimarsana News

January 2021 ISM and Markit Services Surveys Improved

January 2021 ISM and Markit Services Surveys Improved Analyst Opinion of the ISM and Markit Services Survey I have a hard time believing services are in expansion with many restaurants, bars, and gyms running nowhere near full potential - and parts of the country have returned to lockdown. From Econoday: Output and new order growth regain momentum Fastest increase in cost burdens on record Slowest rise in employment since July 2020 January PMITM data signalled a sharper expansion in business activity across the U.S. service sector. Excluding November's recent high, the latest upturn was the f...

India's Services Industry Improved in January; Job Cuts Continued - Vimarsana News

India's Services Industry Improved in January; Job Cuts Continued

India's Services Industry Improved in January; Job Cuts Continued However, the report noted that the main area of concern is the extent to which costs are rising across the services economy, with the rate of inflation remaining above trend. Representative image. Job seekers fill up forms as others line up for registration during a job fair in Chinchwad, India February 7, 2019. Photo: Reuters/Danish Siddiqui/File Photo Economy03/Feb/2021 Bengaluru: Growth in India‘s dominant services sector picked up in January as demand improved and consumer optimism was buoyed by the start of a huge COV...

Source: thewire.in
Sensex, Nifty close at record highs as services sector picks up in January - Vimarsana News

Sensex, Nifty close at record highs as services sector picks up in January

Message : Required fields BENGALURU (Reuters) - Indian shares ended at record closing highs on Wednesday, extending a post-budget rally on gains in financial stocks after a survey showed that the country's dominant services sector picked up in January. The NSE Nifty 50 index rose 0.97% to 14,789.95, while the benchmark S&P BSE Sensex was up 0.92% at 50,255.75. Both the indexes touched record intra-day highs earlier in the session after rising as much as 1.5% and 1.46% respectively. The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 52.8 in January from 52.3 in December, sta...