Day: May 12, 2022

May 12
Biden administration unveils actions to address baby-formula shortage

The Biden administration on Thursday rolled out measures to address an ongoing U.S. baby-formula shortage, with the steps including one aimed at WIC, which is the federal government’s Special Supplemental Nutrition Program for Women, Infants and Children. The administration is “urging states to allow WIC recipients to use their WIC benefits on a wider variety […]

May 12
Drägerwerk AG & Co. KGaA: BaFin imposes administrative fine

On 27 April 2022, BaFin imposed an administrative fine amounting to 115,000 euros on Drägerwerk AG & Co. KGaA. The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). Drägerwerk AG & Co. KGaA failed to publish inside information without undue delay. The company may […]

May 12
Ichimoku Cloud Analysis 12.05.2022 (EURUSD, USDCAD, USDJPY)

EURUSD, “Euro vs US Dollar” EURUSD has fixed below the bullish channel’s downside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.0520 and then resume moving downwards to reach 1.0285. Another signal in favour of a […]

May 12
Japanese Candlesticks Analysis 12.05.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hanging Man reversal pattern close to the resistance level, USDCAD is reversing in the form of a new descending impulse. In this case, the downside target may be at 1.2965. However, an alternative scenario implies that the asset […]

May 12
Equinor announces sixth oil discovery in the Norwegian shelf It is expected to contain 62 million barrels

Equinor announced its sixth oil discovery on the Norwegian continental shelf this year, it said in a press release on its website on Monday. The new discovery comes in partnership with the Norwegian companies “Bigning Upstream” and “Longboat Energy” of Norway. Expectations indicate that the discovery, which is the “6407/1-9-Egyptian Vulture” well, contains confirmed quantities […]

May 12
Oil prices are down 2%, and Brent crude is below $106

Oil prices are down 2%, and Brent crude is below $106 Oil prices fell more than 2% during Thursday’s trading; Economic and recession fears have roiled global financial markets, outstripping supply concerns and geopolitical tensions in Europe. Oil prices are under pressure this week, along with global financial markets, amid concerns about rising interest rates, […]

May 12
Dow Jones Wave Analysis – 12 May, 2022

• Dow Jones broke support area• Likely to fall to support level 31000.00 Dow Jones recently broke the support area located between the key support level 32535.00 (which has been reversing the pair from the start of 2021) and the upper 38.2% Fibonacci correction of the upward impulse from 2020. The breakout of this support […]

May 12
EURGBP Wave Analysis – 12 May, 2022

• EURGBP reversed from resistnace area• Likely to fall to support level 0.8450 EURGBP currency pair recently reversed down from the resistnace area located between the key resistnace level 0.8590 (which has been reversing the pair from November), upper dialy Bollinger Band and the upper trendline of the daily up channel from March. The downard […]

May 12
Warning concerning the late publication of the yearly financial report

This press release is not available in English. Please consult the French or Dutch version. Source: FSMA

May 12
Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’

The Terra Money Twitter account shared the finer points of Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA. 23419 Total views 81 Total shares The Terra rescue story continues to unravel. In a tweet thread, the Terra Money Twitter account went into greater detail regarding the CEO of Terraform […]