Open: London Session | Forex, Metals, Oil, Agriculture May 07, 2021



Kevin Duffy, proprietor and author of the Coffee Can Portfolio newsletter, provides thirteen rules for investing, not speculating.


The Indian rupee advanced by 18 paise to 73.60 against the US dollar in opening trade on Friday supported by positive domestic equities and weak American currency. Dollar’s lucky month.


Were people really thinking they would come out at the meeting and announce a big Bitcoin investment when they don’t own gold, real estate, or bonds? Currently, the company is engaged in the business of Iron, Steel and Ready to eat frozen foods.


Similarly, for crude oil, the highest margin would be six per cent if the open interest touch 25 per cent. That may go well with cristalino, the barrel-aged, charcoal-filtered drink that’s now tequila’s fastest-growing category.

United States

less The New York Fed’s Weekly Leading Index (WLI) improved mostly due to the economic sharp deterioration which occurred one year ago. Wall Street giants are being ensnared by the surging infections in India too, putting severe strain on their remote workforces.


Big pharma shares tanked and the EU again appeared to be sending mixed messages. Here s the latest.Steep Cost | Another Brexit battleground now has a price tag: at least $2.4 million a day.