Day: February 26, 2022

Feb 26
Press release on the suspension of trading in ARGENX

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of ARGENX, ISIN NL0010832176, on Euronext Brussels is suspended from 18/09/2018 at 09:00 CET until the publication of a press release.   Source: FSMA

Feb 26
Anti-fraud campaign: If it seems too good to be true, it probably is!

Over the past few months, a major awareness campaign has been underway to combat online fraud. The campaign is centred on the slogan: ‘If it seems too good to be true, it probably is’. The first stage of the campaign focused on fraud involving cryptocurrencies. The second stage, currently in progress, addresses investment fraud. Later […]

Feb 26
10 Year T-Note Futures ( ZB1! ) , H4 Potential For Bounce

Type: Bullish BounceKey Levels:Resistance: 154’10Pivot: 152’09Support: 151’08Preferred Case: Price has recently bounce from pivot level of 152’09 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection . Price can potentially go to resistance level of 154’10 in line with 78.6% Fibonacci retracement . Our bullish bias is supported by the moving average as price […]

Feb 26
USDJPY, H4 | Potential For Bearish Dip

Type: Bearish ReversalKey Levels:Resistance:Pivot:Support:Preferred Case:Prices are at a strong resistance level. We see the potential for a dip from our Pivot at 115.303 in line with 23.6% Fibonacci retracement towards our 1st support at 114.537 in line with 78.6% Fibonacci retracement and daily ascending trendline. Prices are transcending through our bearish Ichimoku clouds, further supporting […]

Feb 26
Kimberly-Clark takes a majority stake in period underwear company Thinx

Kimberly-Clark Corp. KMB, +2.52% said Friday that it has taken a majority stake in Thinx, a company specializing in washable, menstruation underwear. Thinx undergarments are made to absorb wetness and be reused. Terms of the transaction were not disclosed. Among Kimberly-Clark’s existing brands are Kotex, Depend and Poise. “Our investment in the success of Thinx […]

Feb 26
Baker Hughes data show U.S. oil-drilling rig count up 5 weeks in a row

Baker Hughes BKR, +2.72% on Friday reported that the number of active U.S. rigs drilling for oil was up by two to 522 this week. That followed a climb of 4 oil rigs the week before, Baker Hughes data show. The total active U.S. rig count, which includes those drilling for natural gas, climbed by […]

Feb 26
Gold futures end with a loss, turn lower for the week

Gold futures fell on Friday, ending the week with a loss for the first time in four weeks. “What we’ve seen this year is a bid for gold put in early on,” especially through the month of February as the threat of invasion ramped up, said Adam Koos, president at Libertas Wealth Management Group. Now […]

Feb 26
FOMO Friday: Pound Under Pressure

It’s been an incredibly volatile week for markets, as traders react to the sad news of Russia invading Ukraine. We’ve seen big moves across the board given the large wave of risk aversion which has taken risk assets and higher yielding currencies lower and driven support for safe-haven assets such as gold, JPY and the […]

Feb 26
Gold Futures (GC1!), H4 Bullish Continuation!

Type: Bullish ContinuationKey Levels:Resistance: 1975.3 Pivot: 1904.1 Support: 1890.5Preferred Case:Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our Pivot at 1904.9 in line with 23.6% Fibonacci retracement and 38.2% Fibonacci retracement towards our 1st support at 1975.3 in line with 100% Fibonacci Extension […]

Feb 26
Oil futures gain 1.5% for the week on Russia-Ukraine developments

Oil futures declined on Friday, with U.S. prices paring their gain for the week to 1.5% in the wake of Russia’s invasion of Ukraine. “Energy traders realize that war in Ukraine probably won’t lead to any disruptions of Russian crude to Europe,” said Edward Moya, senior market analyst at OANDA. Still, the situation in Ukraine […]