Day: February 7, 2022
Cruise stocks surged Monday, and were among the biggest gainers in the S&P 500 SPX, -0.10%, in the wake of Royal Caribbean Group’s RCL, +7.55% earnings report in which the cruise operator Chief Executive Jason Liberty said “we are past COVID.” Shares of Royal Caribbean’s ran up 6.9% in midday trading, Norwegian Cruise Line Holdings […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave along with the correction, EURUSD has formed a new consolidation range near the highs. Possibly, today the pair may break the range to the downside and correct towards 1.1366. Later, the market may resume trading upwards with the target at 1.1427. GBPUSD, “Great Britain Pound […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF is trading at 0.9252; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.9230 and then resume moving upwards to reach 0.9410. Another signal in favour of a further uptrend will […]
Daily Market Outlook, February 7, 2022 Overnight Headlines Lawmakers Signal Stopgap Spending Bill Needed As Talks Continue House Passes Chips Bill As Republicans Air Soft-On-China Gripes US Restores Sanctions Waiver To Iran, Nuclear Talks In Final Phase White House Warns Russian Attack On Ukraine Possible ‘Any Day’ ECB’s Knot Sees First Interest Rate Hike In […]
Good day,The price of the USD/RUB broke the downtrend. However, the asset’s price might also pull back and target the 78 level soon.Should the currency pair manage to break the range and pull back to the broken downtrend, the asset might target the supporting level of 73.35.The price of gold is likely to target the […]
The developers behind the project noted that the deployment of RSS3 could take six to eight months. 2067 Total views 40 Total shares Really Simple Syndication (RSS), the first information distribution protocol that saw massive adoption across the internet, is all set to take on Web3 with a decentralized information processing protocol called RSS3. In […]
Zimmer Biomet Holdings Inc. ZBH, -4.67% that ZimVie Inc., the wholly owned subsidiary that is being spun off into a separate, publicly traded company will have $1.0 billion in revenue in 2022, which will be about the same as 2021. ZimVie, which is expected to begin trading as a standalone entity on March 1, is […]
Bitcoin adoption has been on the rise in Venezuela in recent years amid hyperinflation and the national currency crisis. 1834 Total views 41 Total shares The Venezuelan government has approved a new tax bill aiming to collect up to 20% in taxes from cryptocurrency transactions, according to local reports. Venezuela’s National Assembly held a second discussion […]
Spirit Airlines Inc. SAVE, +0.18% and Frontier Group Holdings Inc. ULCC, -1.43% said Monday they have agreed to merge in a cash-and-stock deal valued at $6.6 billion including net debt and operating lease liabilities. Under the terms of the deal, Spirit shareholders will receive 1.9126 Frontier shares plus $2.13 in cash for each share owned, […]
The International Organization of Securities Commissions, whose members regulate over 95% of the world’s capital markets, have been cooperating closely on their responses to the heightened volatility in capital markets resulting from the macroeconomic impact of COVID-19 on the global economy. Read more … Source: FSMA
