Day: April 7, 2022

Apr 07
EIA data reveal a bigger-than-expected weekly decline in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 33 billion cubic feet for the week ended April 1. That compared with an average weekly decline of 27 billion forecast by analysts surveyed by S&P Global Commodity Insights. Total supplies in storage stand at 1.382 trillion cubic feet, down 399 […]

Apr 07
Crypto Twitter unites to raise funds for community member’s cancer treatment

When a respected member of Crypto Twitter and the Deadfellas nonfungible token (NFT) community detailed the immense financial burden of his cancer treatment, the crypto community demonstrated its kindness and generosity by donating over $73,000 in funds. Yopi, known as @kuiyopi on Twitter, joined the crypto ecosystem in July 2021. He discovered that crypto served as a welcome […]

Apr 07
Constellation Brands enters accelerated share repurchase program for $500 million of its own stock

Constellation Brands Inc. STZ, +0.64% said Thursday it has entered an accelerated share repurchase program with Bank of America to repurchase $500 million of its Class A common stock. The alcohol company, which reported fourth-quarter earnings earlier Thursday, said it will receive about 1.7 million shares on April 8. equal to 80% of the repurchases […]

Apr 07
The Pound is going down. Overview for 07.04.2022

GBPUSD remains inside the downtrend and is slowly approaching the lows.  The pound sterling slowed down its decline against the USD but is still looking rather weak. The current quote for the instrument is 1.3075. The British currency is still suffering from the USD’s attack. Another negative factor is market expectations of what might happen […]

Apr 07
The Euro dropped again. Overview for 07.04.2022

EURUSD continues falling; the “greenback” is too strong. The major currency pair remains weak on Thursday. The current quote for the instrument is 1.0896. According to the FOMC Meeting Minutes released yesterday, the regulator is ready to cut its portfolio by $95 billion every month, $35 billion of which are mortgage-backed securities and $60 billion […]

Apr 07
Gold Futures (GC!), H4 Potential for Bullish Bounce!

Type: Bullish BounceKey Levels:Resistance: 1959.0Pivot: 1921.0Support: 1910.2Preferred Case:Prices have recently broken out of our descending trendline. We see the potential for further bullish continuation from our Pivot at 1921.0 in line graphical overlap and area of Fibonacci confluences towards our 1st resistance at 1959.0 in line with 61.8% Fibonacci Projection . Our bullish bias is […]

Apr 07
Bitcoin: Correction or Start of Continuation Higher?

Tricky 2022 So FarFor those who joined the crypto-rollercoaster late last year, 2022 has been a far from joyous experience. Any crypto bulls hoping for the same sort of increase as we saw over Q1 2022 have been left heavily disappointed. Leading cryptos such as Bitcoin and Ethereum spent most of January under heavy selling […]

Apr 07
Pfizer to acquire privately held ReViral for up to $525 million

Pfizer Inc. said Thursday it has agreed to acquire ReViral Ltd., a privately held clinical-stage biotech focused on developing antiviral therapeutics that target respiratory synctial virus, or RSV. “RSV is a respiratory pathogen, which can lead to severe and life-threatening lower respiratory tract infections (LRTIs) in high-risk populations, including young infants, immunocompromised individuals, and older […]

Apr 07
FCA launches three-year strategy to improve outcomes

Home News FCA launches three-year strategy to improve outcomes Resources focused on outcomes to prevent serious harm, set higher standards and promote competition 80 new roles created to shut down problem firms  The FCA has launched a new strategy to improve outcomes for consumers and in markets throughout the UK. As the FCA’s remit is broad […]

Apr 07
Why the Bitcoin ‘mid-halving’ price slump will play out differently this time

The $50,000 resistance level seems to be the line in the sand that separates certainty from doubt that Bitcoin has cast off the four-year cycle trend, according to Santiment. 11734 Total views 52 Total shares Some analysts believe the four-year market cycle is changing and that the halving schedule may no longer determine cyclical conditions […]