Day: June 16, 2022
A new study warns of the risk of climate change worsening in coastal Britain, finding that rising seas will cause the loss of 200,000 homes in just 30 years. The study was carried out by a group of researchers at the British Center for Climate Research “Tindal Center” at the University of “East Anglia”, and […]
Type: Bearish ReversalKey Levels:Resistance:1876.8 Pivot:1838Support: 1803.9Preferred Case:On the H4, with prices moving below the ichimoku indicator and within descending channel, we have a bearish bias that prices will drop from our pivot at 1838 where the horizontal pullback resistance and 50% fibonacci retracement are to our 1st support at 1803.9 in line with swing low […]
Type: Bullish BounceKey Levels:Resistance: 782.67Pivot: 759.74Support: 751.12Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will rise from our pivot at 759.74 in line with the 78.6% fibonacci projection and overlap support to to 1st resistance at 782.67 in line […]
Danny Yuan said that their team detected that $1 million was missing from their company’s funds at Three Arrows Capital (3AC). 1540 Total views 23 Total shares Danny Yuan, the CEO of trading firm 8 Blocks Capital, called out to platforms that are holding funds owned by 3AC to freeze the assets, as rumors of […]
Share of home builders were broadly lower Thursday, after data showing that U.S. housing starts fell a lot more than expected in May. The iShares U.S. Home Construction ETF ITB, -0.26% sank 2.0% in premarket trading, putting it on track for a near two-year low, as futures ES00, -1.84% for the S&P 500 SPX, +1.46% […]
Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company. Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed current adoption trends and drew additional insight from two global surveys; one gathered data from 3,104 consumers across 11 countries, […]
Shares of biotech AC Immune SA ACIU, -9.21% slid 15% in premarket trade Thursday, after the company said a a trial of a treatment for Alzheimer’s disease failed to slow or prevent cognitive decline in patients with a specific genetic mutation that causes early-onset disease. The trial involved 252 people who are members of the […]
Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.” 4479 Total views 69 Total shares Jurrien Timmer, director of global macro of Fidelity, has argued that Bitcoin (BTC) may be “cheaper than it looks,” highlighting evidence on Tuesday that the […]
The Swiss franc CHFEUR, +1.73% surged against the euro after the Swiss National Bank joined the rate hike party. The franc rose to €0.9767 from €0.9631 on Wednesday. The central bank lifted its base rate by a half point, to negative 0.25%. It also expressed a willingness to intervene in the foreign exchange market as […]
This press release is not available in English. Please consult the French or Dutch site. Source: FSMA
