Dovish FOMC minutes released on Wednesday put pressure on the US dollar and boosted gold closer to the $1,300 level now watched by many analysts.
The US dollar had steadied after softening in the North American afternoon yesterday when the dissolution of President Trump’s business councils as a series of executives stepped down.
Apple announced that it will invest $1 billion in original video content, but that’s not enough to compete with Netflix and HBO.
The rally in the U.S. dollar unwound quickly today after President Trump disbanded his two business councils.
Kevin Davitt looks at VIX activity post expiration and size VIX Aug calls.
TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Wednesday’s trending stocks including Amaozn AMZN , Apple AAPL , Target TGT , Walmart WMT , Alibaba BABA , Coach COH , Urban Outfitters URBN , Dick’s Sporting Goods DKS and TJX Companies TJX .
As US inflation cools down and the date for the Federal Reserve to start repaying its QE programme nears, Jeremy Naylor looks at some of the charts to watch as the Fed releases the minutes of its last meeting.
Today’s biggest tech stories include Amazon’s Insant Pickup service, a massive charitable donation from Bill Gates and Uber’s agreement with the FTC to relasease audits for up to 20 years.