Day: February 18, 2022
Chinese authorities called the metaverse “attractive and deceptive,” where users are prone to lose money if they are unaware of the risks. 161 Total views 16 Total shares After eradicating crypto trading and mining in the country, the Chinese government’s next concern lies with the growing scams around the metaverse projects. The Chinese Banking and […]
Rihanna’s Fenty Beauty brand will be on shelves at Ulta Beauty stores starting March 6th. Both Rihanna and Ulta made the announcement on Twitter, with the Grammy winner posting a snap of herself holding one of Ulta’s bright orange shopping bags, and the beauty retailer posting a video clip that plays on the popular Wordle […]
Oil futures declined on Thursday, posting a loss of 2% as reports of progress in the Iran nuclear talks raised the potential for a release of more oil into the global market. “As the Iranian nuclear talks enter the final stage, we reiterate our view that if a new agreement is indeed reached, the country’s […]
U.S. leveraged finance issuance totaled a record $1.08 trillion in 2021, including $465 billion in high yield loans and $615 billion in U.S. institutional loans, according a report to be published Friday by KKR Credit, a unit of KKR & Co. Inc. KKR, -5.87%. While most of the eight sub-sets of the credit market turned […]
Comments made by Warren Buffet’s right-hand man and vice chairman of Berkshire Hathaway have gone viral for their imaginative depiction of cryptocurrency. 8059 Total views 112 Total shares Charlie Munger, the ancient vice chairman of Berkshire Hathaway and Warren Buffet’s right-hand man, has no issue with providing his honest thoughts on cryptocurrency: He hates it. […]
U.S. stock benchmarks closed sharply lower Thursday, with the Dow Jones Industrial Average slumping more than 600 points, amid renewed worries that Russia may soon invade Ukraine. The Dow DJIA, -1.78% ended about 1.8% lower, while the S&P 500 SPX, -2.12% dropped about 2.1% and the tech-laden Nasdaq Composite COMP, -2.88% slid around 2.9%, according […]
Yields drop on Ukraine concerns, weaker U.S. data Yields fell on Thursday, owing to fears of a Russian invasion of Ukraine and weaker-than-expected economic statistics from the United States. Treasuries have been trapped in a tug of war, with rates rising on expectations of aggressive Fed tightening, while news of escalation between Russia and Ukraine […]
Forecasts indicate that the demand for electricity in Sweden will grow in the coming years; So the government is building a fleet of offshore wind farms to meet its needs. In this context, the government is seeking to develop the offshore wind sector in Sweden to produce 120 TWh of electricity annually. The government revealed […]
Retail Sales Surge Higher in January US retail sales yesterday confirmed the health of the US economy over January. On the back of a bumper set of US labour reports and stronger-than-expected CPI, there was plenty of attention on yesterday’s retail sales release. The report showed that consumer activity jumped 3.8%, up from -2.5% in […]
Type: Bullish ContinuationKey levels:Resistance: 1920.2Pivot: 1920.2Support: 1854.3Preferred Case:Prices have recently broken out of our daily descending trendline and has experienced a trendline breakout. We see the potential for further bullish continuation from our Pivot at 1880.2 in line with 61.8% Fibonacci extension towards our 1st resistance at 1920.2 in line with 127.2% Fibonacci extension. Prices […]
