Shares of Oxford Industries Inc. OXM, -3.44% rose more than 5% in the extended session Wednesday after the maker of Tommy Bahama, Lily Pulitzer and other clothing brands swung to a quarterly profit, raised its dividend, and said its 2022 prospects are brighter. Oxford Industries said it earned $25.4 million, or $1.50 a share, in […]
EURCAD, “Euro vs Canadian Dollar” EURCAD is trading at 1.3878; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3895 and then resume moving downwards to reach 1.3685. Another signal in favour of a further downtrend will be […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to continue growing and reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks the support at […]
Fixed-income markets of advanced economies show signs of recovery after a heavy sell-off on Tuesday. European currencies cede ground against USD after a brief rebound. US 10-year Treasury yield bounced off 2.40% and is moderately down. GBPUSD fall intensified after release of February inflation data, which together with the dovish BoE shift in March hit […]
Buybacks Start TomorrowShares in Japanese vehicle maker Toyota are trading higher today on news that the company will buy back around $826 million worth of shares this week. With shares in Toyota still sitting more than 10% down off the recent highs, the carmakers has said that it plans to be “more flexible” than ever […]
• FR40 reversed from resistance level 6700.00• Likely to fall to support level 6500.00 FR40 index recently reversed down from the resistance level 6700.00 (former support which has been reversing the price from February). The resistance level 6700.00 was further strengthened by the 61.8% Fibonacci correction of the downward impulse 1 from February. FR40 index […]
• GBPCHF reversed from resistance level 1.2400• Likely to fall to support level 1.2140 GBPCHF recently reversed down from the resistance level 1.2400 (top of the previous wave (a)), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from February. The downward reversal from the resistance level 1.2400 stopped the previous […]
In a bid to make crypto mining more environmentally friendly, Stronghold Digital Mining is turning harmful waste from coal mining into clean energy to power Bitcoin miners. 3940 Total views 60 Total shares Stronghold Digital Mining (SDIG), a crypto mining company in Pennsylvania, is turning waste from old power plants into energy to power hundreds […]
Oil futures climbed sharply on Wednesday, with U.S. prices marking their highest finish in over two weeks. Prices got a boost from ongoing worries over global supply disruptions from the Russia-Ukraine war, as well as data showing weekly declines in U.S. crude, gasoline and distillate inventories. “We continue to expect WTI oil to be range […]
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 34, § 2, PARAGRAPH 3, OF THE LAW OF 2 AUGUST 2002 Trading in Auriga International, ISIN BE0003896165 on Euronext Brussels will re-open on 06/08/2014 at 03:00 PM. Source: FSMA