Latest Market News

Oct 11
7-Eleven offers green apple flavored Slurpees for fall

7-Eleven Inc. SVNDY, -4.04% said Tuesday it’s introducing green apple Slurpee flavor for fall. It’s now available for a limited time at participating 7-Eleven, Speedway and Stripes stores. Shares of Seven & I Holdings, the parent of 7-Eleven, are down 15.4% in 2022, compared to a 32.6% drop by the Nasdaq COMP, -1.10%.

Oct 11
Japanese Candlesticks Analysis 11.10.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support area during the pullback, EURUSD may reverse in the form of a new correctional wave. In this case, the upside correctional target may be at 0.9735. However, an alternative scenario implies that […]

Oct 11
Murrey Math Lines 11.10.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. The Relative Strength Index is moving within the ”oversold area”. In this case, the pair is expected to test 4/8 (0.6347), break it, and then continue growing […]

Oct 11
Bitcoin prepares for CPI showdown as BTC price dips below $19K cost basis

BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data. Source: Cointelegraph

Oct 11
General Electric to file registration statement for health unit spin-off

General Electric Co. GE, -1.51% on Tuesday said it is filing a registration statement for the planned spin-off of its healthcare unit, part of the industrial giant’s effort to split into three separate public companies. Larry Culp, in a statement, said the move would give the segment, GE HealthCare, “greater focus and flexibility to serve […]

Oct 11
Oil futures log a second loss in a row

Oil futures declined on Tuesday, stretching their losses into a second straight session. Prices weakened with recession fears “running high,” said Phil Flynn, senior market analyst at The Price Futures Group. Worries about energy demand from China on the back of rising COVID-19 infections also contributed to price pressures, he said. U.S. benchmark West Texas […]