Latest Market News
Real estate services company Redfin Corp. RDFN, -7.35% said Thursday that the median U.S. asking rent rose 8.8% from a year ago to $2,002, but that was the slowest year-over-year (YOY) increase since August 2021. That also marked the fourth straight month that YOY growth decelerated, with rents now growing at half the pace of […]
• FTSE 100 falling inside impulse wave 5 • Likely to fall to support at 6700.00 FTSE 100 index continues to fall inside the sharp downward impulse wave 5 which started earlier from the key resistance level 7125.00 (previous monthly low from April), intersecting with the 20-day moving average. The active impulse wave 5 belongs […]
• Silver reversed from resistance area • Likely to fall to support level 18.20 Silver recently reversed down from the resistance area located between the key multi-month resistance level 21.00 (which has been reversing the price from June) and the upper daily Bollinger Band. This resistance area was further strengthened by the 38.2% Fibonacci correction […]
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term. Source: Cointelegraph
Fed-funds futures traders priced in a 97.8% probability the Federal Reserve will lift its key interest rate by 75 basis points, or 0.75 percentage point, to a range of 3.75% to 4% in its early November meeting, up from 84.5% on Wednesday, according to the CME FedWatch tool. The move comes after a hotter-than-expected core […]
Shares of Fastenal Co. FAST, -1.53% fell 1.2% in premarket trading Thursday, even after the industrial and construction supplies distributor reported third-quarter profit and sales that rose above expectations. Net income increased to $284.6 million, or 50 cents a share, from $243.5 million, or 42 cents a share, in the year-ago period. The FactSet consensus […]