Business


IShares Edge MSCI USA Value Factor ETF (VLUE): Tracking the Indicators

After a recent check, the 14-day RSI is now at 66.15, the 7-day stands at 76.13, and the 3-day is sitting at 87.41. The Relative Strength Index (RSI) is another highly popular momentum indicator used for technical analysis. iShares Canadian HYBrid Corporate Bond Index ETF (XHB.TO)'s Williams Percent Range or 14 day Williams %R now sits at -92.59. A reading between 0 and -20 would indicate an overbought situation.


The Pound Surges to a Post-Brexit High

The Pound Surges to a Post-Brexit High

The Monetary Policy Committee (MPC) has this week warned the base rate will soon rise from 0.25 per cent, if the economy continues along the same path. Sterling fell to a nine-month low on a trade-weighted basis on August 29, though it has since recouped these losses and is little changed from its level at the time of the BoE┬┤s last rate decision on August 3.


Financial Times reporter killed in Sri Lanka crocodile attack

Financial Times reporter killed in Sri Lanka crocodile attack

Most of his work as a journalist had been centered around coverage related to Brexit and the European Union. McClean had been on a beach holiday near Arugam Bay on the island's south-east coast with friends when locals heard him screaming for help as he was pulled into a river by the crocodile, according to an eyewitness cited by the BBC.


Mayor to head to Seattle ahead of Amazon HQ2 bid

Mayor to head to Seattle ahead of Amazon HQ2 bid

Not on the ice, and not when it comes to landing the prestigious new offices for Amazon. The estimate for the new HQ2 project will be 50,000 jobs with salaries around $100,000 a year. Amazon is denying reports that Boston is pulling ahead in the $5 billion bid for its Amazon's new headquarters. Chicago Mayor Rahm Emanuel has already spoken with Amazon CEO Jeff Bezos about opening a headquarters in the city, according to the Chicago Tribune .


Rep. Dennis Ross announces request of federal help for Florida citrus farmers

Rep. Dennis Ross announces request of federal help for Florida citrus farmers

GREEN: Growers say it's too soon to know the full extent of the damage. "But after touring groves on foot and by air, it's clear that our signature crop has suffered serious and devastating losses from Hurricane Irma". "They can't tolerate wet roots", Putnam said. Hurricane Irma left millions without power in the heavily populated areas of central Florida earlier this week.


USA inflation rises ahead of Federal Reserve meeting next week

USA inflation rises ahead of Federal Reserve meeting next week

The dollar lost ground against a basket of major currencies on Thursday even though data that showed a faster-than-forecast increase in domestic consumer prices boosted generally depressed expectations for another US rate hike later this year.