Day: June 9, 2022

Jun 09
Stitch Fix shares sink after media report says it’s laying off 15% of salaried workers

Stitch Fix Inc. SFIX, -7.77% shares sank 8.8% in Thursday afternoon trading after a CNBC report said the personalized shopping service is laying off 15% of its salaried workers, largely in corporate and styling leadership positions. About 330 people were notified on Thursday morning, about 4% of the company’s workforce, according to the report. The […]

Jun 09
Election Notice – 06/09/22

Notice Comments Summary On May 16, 2022, FINRA announced via Election Notice 05/16/22 upcoming elections to fill one Small Firm Governor seat and one Large Firm Governor seat on the FINRA Board of Governors (FINRA Board). The Large Firm Governor nominee, Christopher W. Flint, has changed firm affiliations and no longer qualifies to run for […]

Jun 09
Crypto exchange Binance seeks critical licenses in Philippines, CEO says

The exchange platform is looking to get virtual assets service provider and e-money issuer licenses from the Banko Sentral ng Pilipinas. 1107 Total views 37 Total shares Changpeng Zhao, the CEO of crypto trading platform Binance, shared plans to acquire two licenses that are critical for the firm’s operations within the Philippines. In a press […]

Jun 09
Top Disney TV exec departs abruptly

Walt Disney Co. DIS, -1.91% on Thursday said Dana Walden has been tapped as chairman of Disney General Entertainment Content, where she will succeed Peter Rice, one of the company’s top television executives. Rice, a former Fox executive, joined Disney in 2017 as part of Disney’s $71 billion acquisition of a bundle of entertainment assets […]

Jun 09
Canadian securities regulators propose changes to enhance derivatives data reporting

TORONTO – Members of the Canadian Securities Administrators (CSA) today published for comment proposed amendments designed to streamline and internationally harmonize over-the-counter derivatives data reporting standards. These amendments are expected to reduce the complexity of market participants’ reporting systems and decrease ongoing operational and compliance costs while improving the consistency and quality of the data […]

Jun 09
EURUSD: all eyes on the ECB. Overview for 09.06.2022

After plunging earlier, EURUSD has reached stability and is ready to move forward. The major currency pair has recovered and is now waiting for signals from the European regulator. The current quote for the instrument is 1.0712. All eyes are on the European Central Bank today. The benchmark interest rate is expected to remain unchanged, […]

Jun 09
Nothing can prevent the Yen from devaluating. Overview for 09.06.2022

After hitting a new 20-year low, USDJPY stopped. The Japanese Yen got even weaker against the USD. The current quote for the instrument is 133.82. A new high in USDJPY is at 134.56 – the asset continues to devalue. The process started on 27 May and the Yen has dropped 5.85% since that time. As […]

Jun 09
Russia’s fossil fuel exports to Europe feed Moscow’s coffers with $64 billion

Moscow continues to make solid gains from selling Russian fossil fuels to the European Union, despite sanctions and lower imports. The European Union’s imports of Russian energy have reached 60 billion euros ($64.4 billion) since Russia launched its war on Ukraine last February, according to a new tracking tool developed by the Europe Beyond Coal […]

Jun 09
GBPUSD, H4 | Potential For Bearish Continuation

Type: Bearish ReversalKey Levels:Resistance: 1.25969Pivot: 1.25463Support: 1.2457Preferred Case:On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our pivot at 1.25463 where the swing high resistance is to the 1st support at 1.2457 in line with the swing low support, 38.2% fibonacci retracement and 61.8% […]

Jun 09
AUDCAD, H4 | Potential Bearish Momentum

Type: Bearish ReversalKey Levels:Resistance: 0.90689Pivot: 0.90421Support: 0.89571Preferred Case:On the H4, with prices moving below the ichimoku indicator, price breakout from ascending trendline, we have a bearish bias that price will drop from our pivot at 0.90421 where the horizontal pullback resistance is to our 1st support at 0.89571 where the horizontal swing low support, 200% […]