Day: April 21, 2022
The Australian Prudential Regulation Authority foresees enacting requirements for bank exposure, operational risk and stablecoins by 2025. 760 Total views 18 Total shares The Australian Prudential Regulation Authority, or APRA, published a letter to regulated entities Thursday setting out risk management expectations and a policy roadmap for the regulation of crypto-assets through 2025. “While activities […]
Shares of PPG Industries Inc. PPG, +1.10% rose 2% in the extended session Thursday after the paint and coatings maker reported first-quarter profit and sales above Wall Street expectations and said it will increase prices again to fend off rising prices for raw materials and other costs increases. PPG said it earned $18 million, or […]
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. 403 Total views 24 Total shares Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or […]
Stocks ended sharply lower Thursday, reversing strong early gains as Treasury yields saw a renewed rise. The Dow Jones Industrial Average DJIA, -1.05% fell around 369 points, or 1%, to finish near 34,792, according to preliminary figures, while the S&P 500 SPX, -1.48% dropped 1.5% and the Nasdaq Composite COMP, -2.07% tumbled 2.1%. The yield […]
After reaching new highs, USDJPY started a correction. Having updated its 20-year lows against the USD, the Japanese Yen reached stability but is still looking very weak. The current quote for the instrument is 128.05. The Yen dropped to 129.41 this week but later managed to correct a little bit and reach stability. As the […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new correctional impulse. In this case, the upside correctional target may be at 1.0895. However, an alternative scenario […]
Gold prices fell in trading today, Thursday; The recovery in US Treasury yields reduced the demand for safe haven bullion stemming from the Ukraine crisis and its potential impact on the global economy. Yesterday, Wednesday, gold prices ended their trading with a decline for the second consecutive session, hitting its lowest level in more than […]
Tesla Beats EPS & Revenues Forecasts Q1Shares in US alternative energies and automotive maker, Tesla, are trading around 6% higher ahead of the US open today. This comes on the back of a solid Q1 earnings release yesterday. The company, headed by the enigmatic, and divisive, Elon Musk, reported an EPS of $3.22 over the […]
Type: Bearish ContinuationKey Levels:Resistance: 19.85Pivot: 19.59Support: 19.25Preferred Case:Price is near to the key pivot level and it is on a bearish pressure. We see the potential for a bearish continuation from our pivot level of 19.59 which is in line with 50% Fibonacci retracement and 161.8% Fibonacci extension towards our 1st support level of 19.25 […]
• Silver falling minor impulse wave 3• Likely to reach support level 24.10 Silver continues to fall inside the minor impulse wave 3, which started earlier from the resistance level 25.8 (previous reversal high from March) – strengthened by the upper daily Bollinger Band. The active impulse wave 3 belongs to the higher-order impulse wave […]
