Latest Market News

Oct 10
USDCHF Wave Analysis – 10 October, 2022

• USDCHF under bullish pressure • Likely to rise to resistance level 1.0050 USDCHF under the bullish pressure after the earlier breakout of the key resistance level 0.9940 (which has been reversing the pair from the end of September). The breakout of the resistance level 0.9940 accelerated the active short-term impulse waves (c) and 3. […]

Oct 10
European Parliament Committee passes MiCA crypto framework in landslide vote

Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon. Source: Cointelegraph

Oct 10
Wynn stock suffers biggest selloff in 2 1/2 years after new COVID lockdowns in China

Shares of Wynn Resorts Lt. WYNN, -11.77% tumbled 11.6% in afternoon trading Monday, enough to pace the S&P 500’s SPX, -0.51% losers, after some cities in China started imposing new COVID-related lockdowns. That put Wynn’s stock on track to suffer the biggest one-day selloff since it plunged 20.9% on March 18, 2020 at the start […]

Oct 10
Turkey works hard to make Istanbul home to global blockchain hype

The Turkish crypto and blockchain ecosystem is working hard to build during the bear market, according to local experts. Source: Cointelegraph

Oct 10
Cannabis stocks mixed as investors mull rescheduling, SAFE Banking

Cannabis stocks Curaleaf Holdings Inc. CURLF, -1.50%, Trulieve Cannabis Corp. TCNNF, -5.83% Green Thumb Industries GTBIF, -5.74% and Cresco Labs Inc. CRLBF, -3.79% traded mixed Monday as investors continued to mull a move by President Joe Biden to launch a review of the Schedule 1 status of cannabis on the federal government’s list of controlled […]

Oct 10
U.S. stocks open higher after 3 days of losses as investors await inflation data, Fed minutes and earnings

U.S. stocks open mostly higher on Monday, with the S&P 500 and Dow Jones Industrial Average on track to snap a three-session losing streak that culminated with a 630-point drop for the Dow on Friday following the release of jobs data for September. The S&P 500 gained 5 points, or 0.2%, to 3,645. The Nasdaq […]