Day: March 15, 2022

Mar 15
Rao’s parent Sovos Brands reports better-than-expected earnings, gives upbeat guidance

Sovos Brands Inc. SOVO, -2.26% shares rose 1.6% in Tuesday premarket trading after the food company reported fourth-quarter profit and sales that beat expectations. Net loss totaled $3.8 million, or 4 cents per share, after a loss of $479,000 or a penny per share, last year. Adjusted EPS of 13 cents beat the FactSet consensus […]

Mar 15
The Aussie is recovering after stress. Overview for 15.03.2022

AUDUSD is reaching stability after plunging earlier this week.  The Australian Dollar is consolidating against the USD after plunging earlier. The current quote for the instrument is 0.7192. The commodity market is shaking, pulling the floor out from under the Aussie. Moreover, the coronavirus-related news from China is offering little room for optimism. Taken together, […]

Mar 15
GBP: another lows. Overview for 15.03.2022

GBPUSD updated its local “bottom”; the labour market statistics managed to smooth “negative vibes”. The British Pound is looking weak against the USD on Tuesday. The current quote for the instrument is 1.3046. Earlier this morning, the pair updated its local lows at 1.2997. It happened before the UK reported on the labour market – […]

Mar 15
Dax Futures (FDAX1!), H4 Potential For Dip!

Type: Bearish DropKey Levels:Resistance: 14644Pivot: 14099Support: 12558Preferred Case:We see the potential for a further bearish drop from our Pivot at 14099 in line swing high resistance and 78.6% Fibonacci retracement towards our 1st support at 12558 in line with the swing low support. Our bearish bias is further supported prices trading below our Ichimoku clouds […]

Mar 15
Market Spotlight: EURCAD On Watch

EURCAD Channel BreakEURCAD price action is worth monitoring here. The pair has been trading lower within a broad bearish channel over since Q3 last year. However, the recent test of the 1.3876 level support has seen price finding firm demand. With the pair potentially carving out a double bottom here, and both MACD and RSI […]

Mar 15
Bitcoin well positioned to help governments create cheaper CBDCs: Deloitte

Deloitte analysis shows how Bitcoin can help traditional fiat currency improve drastically in terms of speed, security, efficiency, cross-border payments. 1522 Total views 5 Total shares A new study from financial services giant Deloitte highlighted the potential of Bitcoin (BTC) as a base to create a cheaper, faster and more secure ecosystem for electronic fiat […]

Mar 15
Moderna begins testing experimental HIV vaccine in an early-stage clinical trial

Shares of Moderna Inc. MRNA, +8.59% soared 19.2% in trading on Monday after the company announced that it began dosing participants in a Phase 1 clinical trial of its experimental HIV vaccine. The trial is an open-label, randomized study evaluating the investigational mRNA vaccine in 100 adults between the ages of 18 and 55 years […]

Mar 15
Celyad

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3 OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of Celyad, BE0974260896, on Euronext Brussels is suspended on request of the issuer from 28/06/2016 at 09:00 CET until the publication of a press release.   Source: […]

Mar 15
Umicore

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3 OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of Umicore, ISIN BE0003884047, on Euronext Brussels is suspended from 23/06/2016 at 09:58 CET until the publication of a press release.   Source: FSMA