Latest Market News

Oct 20
Coronavirus tally: Global case tally down 6% in latest week and XBB subvariant found in 26 countries

The global tally of COVID cases fell 6% in the week through Oct. 16 from the previous week, while the number of fatalities fell 17%, the World Health Organization said in its weekly epidemiological update. The omicron BA.5 descendent lineages remained dominant, accounting for 78.9% of sequences submitted to a central database. But XBB, a […]

Oct 20
Dow adjusted profit falls 60% but tops expectations, stock slips

Shares of Dow Inc. DOW, -2.70% slipped 0.6% in premarket trading Thursday, after the specialty chemicals company reported third-quarter profit and sales that fell from a year ago, as higher energy costs hurt margins, but still beat expectations. The company said it has outlined plans to cut costs by $1 billion in 2023 as the […]

Oct 20
Tractor Supply profit, same-store sales top expectations, but total sales comes up a bit shy

Tractor Supply Co. TSCO, -3.21% reported Thursday third-quarter profit that topped expectations but sales came up a bit shy, and raised its full-year outlook. The rural lifestyle retailer said net income rose to $234.1 million, or $2.10 a share, from $224.4 million, or $1.95 a share, in the year-ago period. The FactSet consensus for earnings […]

Oct 20
The Yen is even weaker. Overview for 20.10.2022

The Japanese yen paired with the US dollar has fallen to another low in more than 30 years. The current quote in the USDJPY is 149.94. The devaluation of the yen is “in full swing” and this is now really scaring the monetary authorities in Japan. The situation is clearly spiralling out of control. This […]

Oct 20
Forex Technical Analysis & Forecast 20.10.2022

EURUSD, “Euro vs US Dollar” EURUSD is out of a downward consolidation range. Today we expect a test from the bottom at 0.9797. Further down to 0.9720 with the prospect of trend continuation to 0.9710. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has broken down to 1.1260. We consider the possibility of a continuation […]

Oct 20
4,400 disgruntled investors are hunting for Terra’s Do Kwon

A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies. 2297 Total views 40 Total shares Members of a 4,400-strong Discord group called the UST Restitution Group (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon. Members of […]