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 US dollar strengthens early Monday; retail sales and the FOMC’s focus of the week on Wednesday The US dollar rose against its major trading partners early Monday, as markets prepared for a busy week that included the release of May retail sales Wednesday morning and the Federal Open Market Committee announcement Wednesday afternoon. The […]
Fighting climate change in Pakistan has become an urgent issue as the country grapples with the fallout from the fuel and electricity crises that plunged the country into darkness last week. The Minister of Finance, Miftah Ismail, announced the allocation of part of the country’s budget for the next fiscal year (2022-2023) to combat climate […]
Type: Bearish MomentumKey Levels:Resistance: 84.40Pivot: 80.73Support: 76.83Preferred Case:on the H4, with price moving in a descending trend channel and moving below the ichimoku cloud , we have a bearish bias that price will drop from the pivot at 80.73 in line with the 78.6% fibonacci projection and swing high to the 1st support at 76.83 […]
Type: Bearish MomentumKey Levels:Resistance: 9978Pivot: 9516Support: 8700Preferred Case:On the H4, with price moving within the ascending trend channel, we have a bearish bias that price will drop to the 1st support at 8700 in line with the 100% fibonacci projection within the trend channel at the swing low, from the pivot at 9516 at the […]
The NYSE’s Arms Index, a volume-weighted breadth measure, is showing signs of panic-like selling behavior as the S&P 500 SPX, -3.56% falls into bear-market territory. The Arms compares the ratio of advancing stocks to declining stocks to the ratio of advancing volume to declining volume, to depict the intensity of the buying and selling into […]
As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on their Bitcoin buys. According to Bitcointreasuries.net, the 130,000 and 43,00 Bitcoin (BTC) held by Microstrategy and Tesla respectively are worth […]
All 30 Dow Jones Industrial Average DJIA, -2.73% component stocks are falling in Monday’s premarket, with Dow futures YM00, -1.86% pointing toward a third-straight decline of more than 500 points as inflation fears continue to fuel the selloff. The Dow’s biggest percentage decliners ahead of the open are shares of Salesforce Inc. CRM, -4.63%, down […]
With the surging popularity of nonfungible tokens (NFTs), many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying an NFT was “to make money.” Blockchain monitoring software company DEXterlab polled more than 1,300 people on Twitter about their NFT buying […]
Choice Hotels International Inc. CHH, -4.17% said Monday it has agreed to acquire Radisson Hotel Group Americas for about $675 million in a deal expected to close in the second half. The purchase includes the franchise business, operations and IP of Radisson Hotels in the U.S., Canada, Latin America and the Caribbean, including the real […]