Latest Market News

Oct 10
Price analysis 10/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low. Source: Cointelegraph

Oct 10
Nasdaq logs lowest close in over 2 years as stocks end lower for 4th straight session

U.S. stocks finished lower on Monday as all three major indexes fell for the fourth straight session and the Nasdaq Composite saw its lowest close in more than two years. The S&P 500 SPX, -0.75% closed 27.27 points, or 0.8%, lower at 3,612.39. The Dow Jones Industrial Average DJIA, -0.32% finished 93.91 points, or 0.3%, […]

Oct 10
All three major U.S. stock indexes remain lower in final hour of trading

U.S. stocks held onto losses heading into the final hour of trading on Monday, led by declines in the Nasdaq Composite Index. The Nasdaq Composite was down by 0.8% after briefly touching its lowest level since 2020, as investors remained focused on the likelihood of further rate increases by the Federal Reserve. Dow industrials were […]

Oct 10
Oil futures settle lower after weak economic data from China

Home Industries Energy Published: Oct. 10, 2022 at 2: 47 p.m. ET By Myra P. Saefong   comments Referenced Symbols Advertisement CLX22 -1.96% Oil futures settled lower on Monday, as weak economic data from China fed concerns over a slowdown in energy demand. U.S. benchmark West Texas Intermediate crude for November delivery CLX22, -1.96% fell […]

Oct 10
Gold futures settle at their lowest price in more than a week

Gold futures declined on Monday, with prices for the most-active contract settling at their lowest since Sept. 29. A “resurgent greenback and dwindling faith in slower monetary tightening” led to losses for the precious metal, said Craig Erlam, senior market analyst at OANDA, in market commentary. Gold for December delivery GC00, -2.01% fell $34.10, or […]

Oct 10
AUDUSD Wave Analysis – 7 October, 2022

• AUDUSD under bearish pressure • Likely to fall to support level 0.6200 AUDUSD under the bearish pressure after the earlier breakout of the support zone lying at the intersection of the support level 0.6400 (low of the earlier impulse wave (i)) and the support trendline of the daily down channel from April. The breakout […]