Day: February 22, 2022
Gold outperforms “digital gold” in the wake of geopolitical strife, analysts note, with XAU/USD passing $1,900. 7304 Total views 49 Total shares Bitcoin (BTC) fell to fresh lows on Feb. 22 as the aftermath of Russia’s expected incursion into Ukraine triggered more market woes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold comes to the […]
Shares of Rocket Companies Inc. RKT, -7.29% sank 7.3% toward a record low in midday trading Tuesday, after BofA Securities turned bearish on the mortgage financing company, citing concerns over the impact of a rising rate environment. Analyst Mihir Bhatia downgraded the stock to underperform from neutral and slashed the price target to $11 from […]
Japanese investors are advised to look out for fraudulent companies replicating the JPX brand names, logos and URLs to offer crypto trading. 1453 Total views 28 Total shares Japan Exchange Group (JPX), the Tokyo Stock Exchange and Osaka Exchange owner, warned the public against companies that are misleading Japanese investors by selling crypto assets under […]
President Joe Biden will give an “update on Russia and Ukraine” from the White House at 2 p.m. Eastern on Tuesday, the White House announced. U.S. stocks SPX, -0.46% were falling Tuesday as investors reacted to Russian President Vladimir Putin’s decision to order troops to breakaway regions of Ukraine, escalating tensions and raising fears of […]
The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies. 1144 Total views 44 Total shares The Stock Exchange of Thailand (SET) is looking at launching a new digital asset exchange integrated with the cryptocurrency market, according to president Pakorn Peetathawatchai. The SET is expecting to launch its own digital […]
Hard Mtn Dew, a version of the popular lime-green soda made with an alcohol by volume (ABV) of 5%, will be available Tuesday in Tennessee, Florida and Iowa, with more states to come in 2022. The new beverage was first announced in Aug. 2021, and has been created through a partnership between Boston Beer Co. […]
GBPUSD is falling attacked by the “greenback” The British Pound is falling against the USD on Tuesday. The current quote for the instrument is 1.3580. Revival of the global demand for the “greenback” as a “safe haven” asset makes the Pound retreat. The statistics published yesterday showed that the Rightmove HPI added 2.3% m/m in […]
EURUSD retreated; the “greenback” is in demand. The major currency pair dropped on Tuesday. The current quote for the instrument is 1.1327. The demand for “safe haven” assets revived and the “greenback” rose to the occasion. As long as risk aversion dominates the global market, the American currency will continue strengthening. The statistics published yesterday […]
Kernel Holdings Under PressureKernel Holdings, the world’s largest producer/exporter of sunflower oil, has seen volatile price action over recent sessions. The Ukrainian company has seen heavy selling in recent days as fears over a fresh military conflict between Russia and Ukraine continue to grow. The build up of Russian troops on the border with Ukraine […]
Three Key US Data Release to WatchThe key data focus for today’s US session will be the release of the US services and manufacturing PMIs as well as the latest consumer confidence update. Given the broad strength we have seen across recent indicators, the expectations today is that both services and manufacturing will improve to […]
