Day: July 9, 2022

Jul 09
Redfin seeing San Francisco Bay Area housing market slowing fastest in the U.S.

Published: July 8, 2022 at 8:14 a.m. ET Redfin Corp. said Friday that it is seeing the northern California housing market, including the San Francisco Bay Area, cooling faster than any other U.S. market, as mortgage rates remain high and as the stock market has dropped. The San Jose housing market is slowing the fastest, […]

Jul 09
FOMO Friday: Gold Breaks Down to New 2022 Lows

Gold Prices Plunge It’s been an interesting week across the board in markets with many noteworthy moments; hawkish minutes releases from the Fed and ECB, the UK PM resigning, oil falling and rising, there’s been plenty of action. However, talking with traders today ahead of the weekend it seems the main focus for most has […]

Jul 09
USDJPY, H4 | Potential Bullish Rise

Type: Bullish Breakout Key Levels:Resistance: 141.384Pivot: 136.701Support: 134.271 Preferred Case:On the H4, with price moving along an ascending trendline and bouncing off the ichimoku support, we have a bullish bias that price will rise to our pivot at 136.701 in line with the swing high resistance and 100% fibonacci projection. Once there is upside confirmation […]

Jul 09
NZDJPY Wave Analysis – 8 July, 2022

• NZDJPY reversed from key support level 83.25 • Likely to rise to resistance level 84.75 NZDJPY recently reversed up from the key support level 83.25 (which stopped wave (2) in June), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) from May. The upward reversal from the support level […]

Jul 09
WTI Wave Analysis – 8 July, 2022

• WTI reversed from key support level 95.00 • Likely to rise to resistance level 105.00 WTI crude oil recently reversed up from the key support level 95.00 (which has been reversing the pair from the start of March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The […]

Jul 09
Not all investments lose value equally: A recovery period for digital assets

When investing in financial markets, people often underestimate the possibility that, over a period of time, the investment may lose its value, and it will take time to recover temporary losses. The deeper the loss becomes, the more energy required to recover the losses increases out of proportion. If I invest $100 and lose 10%, […]

Jul 09
Howmet Aerospace stock rallies after Benchmark upgrades, as long Ukraine war could boost titanium business

Shares of Howmet Aerospace Inc. HWM, +0.58% rose 1.7% in premarket trading Friday, after Benchmark analyst Josh Sullivan turned bullish on the aerospace and titanium company, citing a supply chain recovery and market share gains as companies divest their titanium operations in Russia. Sullivan raised his rating to buy, after being at neutral for at […]

Jul 09
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin

Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen. 961 Total views 36 Total shares Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of […]

Jul 09
Biden says Abe’s vision will endure, offers deepest condolences

Victor Reklaitis is MarketWatch’s Money & Politics reporter and is based in Washington, D.C. Prior to joining MarketWatch, he served as an assistant editor and reporter at Investor’s Business Daily. Before IBD, he worked for several newspapers in Virginia. Follow Victor on Twitter at: @vicrek. Source: Marketwatch

Jul 09
Central Bank of Ireland welcomes publication of the International Monetary Fund’s assessment of Ireland’s financial sector

The IMF’s review recognises considerable progress in strengthening the framework for financial sector regulation, supervision and crisis management in Ireland. An increasingly large, complex and rapidly evolving financial system in Ireland raises new challenges for the future. Review makes targeted recommendations for further work, which will be considered by the Central Bank as it implements […]