Day: March 10, 2022
Oil futures declined for a second straight session on Thursday, with prices giving up earlier gains in volatile trading against a backdrop of changing headlines on the Russia-Ukraine war. West Texas Intermediate crude for April delivery CLJ22, -2.28% fell $2.68, or 2.5%, to settle at $106.02 a barrel on the New York Mercantile Exchange, after […]
Montréal – The Canadian Securities Administrators (CSA) is inviting applications for membership on its Investor Advisory Panel (CSA IAP). The panel, which is being established this year, will provide advice to the CSA to ensure that retail investors’ interests and concerns are fully considered as we develop policies and make rules to strengthen Canada’s capital […]
Washington, D.C. — The Commodity Futures Trading Commission today announced awards totaling approximately $500,000 to two whistleblowers. The whistleblowers separately provided significant information and substantial assistance that helped the Division of Enforcement expand the scope of an existing investigation and lead the Division to other key evidence supporting the enforcement action. “These awards further show […]
Tether chief technology officer Paolo Ardoino claimed CBDCs would primarily replace the age-old payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure. 1895 Total views 27 Total shares Paolo Ardoino, the chief technology officer at Tether, believes that the growing developments around central bank digital currencies (CBDCs) globally wouldn’t really impact […]
The Dow Jones Transportation Average DJT, +0.73% is rallying Thursday, even as most of its components are falling, as the economically sensitive index is defying the selloff in the broader stock market. The index is up 0.5% in afternoon trading with 9 of 20 components rising, while its sister index, the Dow Jones Industrial Average […]
GBPJPY, “Great Britain Pound vs Japanese Yen” GBPJPY is trading at 152.91; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 153.35 and then resume moving downwards to reach 149.65. Another signal in favour of a further downtrend […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.0980. However, an alternative scenario implies […]
The EIA predicts that US natural gas production will continue to rise until 2050. According to the US Energy Information Administration, US natural gas production is expected to increase through 2050 due to rising demand from US natural gas exports, particularly for liquefied natural gas. The EIA forecasts a nearly 25% increase in annual US […]
US CPI Up NextTraders will be closely watching today’s US CPI release for February. While a March rate hike is now fully priced in, on the back of recent comments from Fed chairman Powell, the market is now focusing on upside risks. Given events in Ukraine and the impact on global energy prices, inflation risks […]
ECB In FocusAlong with US CPI, today’s ECB meeting will be the main event of the week. On the back of a surprisingly hawkish shift by Lagarde in January, the market will be closely watching today to see how much the crisis in Ukraine has affected the bank’s view. In light of recent developments, the […]
