Day: May 18, 2022
On May 17, United States Federal Reserve Chairman Jerome Powell told the Wall Street Journal that the 50-basis-point rate hikes would continue until inflation is under control. Powell’s emphasis on a hawkish policy suggests that monetary conditions are likely to remain tight in 2022, which could limit the upside in risky assets. On-chain market intelligence […]
Kohl’s Corp. KSS, -11.02% said in a filing late Wednesday that two executives, Chief Marketing Officer Greg Revelle and Chief Merchandising Officer Doug Howe, are departing, without elaborating further. Revelle leaves on June 1, while Howe’s departure is effective immediately, the embattled retailer said. Kohl’s stock fell more than 4% in the extended session Wednesday […]
The Financial and Consumer Services Commission (FCNB) has become aware that Get Prime Crypto, which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. New Brunswickers are urged to exercise caution when investing with Get Prime Crypto Get […]
Topics Expertise from the subject matter experts at New Brunswick’s Financial and Consumer Services Commission. Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry […]
The five applications suggest the social media firm may use its namesake in a payments processing platform called Meta Pay. 719 Total views 49 Total shares Social media giant Facebook’s parent company, Meta, may be planning to launch a payments platform with support for cryptocurrency. According to records submitted to the United States Patent and […]
Shares of Bath & Body Works Inc. BBWI, -8.64% fell more than 4% in the extended session Wednesday after the specialty retailer reported first-quarter earnings above Wall Street expectations, but lowered its guidance for the full year. The company said it earned $155 million, or 64 cents a share, in the quarter, compared with $277 […]
EURUSD is taking a break after four days of recovering. The major currency pair slowed down its recovery. The current quote for the instrument is 1.0508. The statistics published by the US yesterday were quite confident. The Retail Sales added 0.9% m/m in April after gaining 1.4% m/m the month before and against the expected […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bearish channel’s upside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0535 and then resume moving downwards to reach 1.0245. Another signal in favour of […]
April CPI Hits 9%The latest set of UK economic data released today confirmed CPI hit 40-year highs last month. Headline inflation rose to 9% from the prior month’s 7% while core inflation was seen jumping from 5.7% to 6.2%. With UK prices continue to balloon, there is a growing expectation that the BOE will be […]
Type: Bullish BounceKey Levels:Resistance: 1695’0Pivot: 1672’6Support: 1663’2Preferred Case:With price moving above our Ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance in line with the 61.8% Fibonacci projection from our pivot of 1672’6 in line with the horizontal swing low support.Alternative Scenario:Alternatively, price may break pivot structure and […]
