Latest Market News
• CADJPY reversed from support level 104.90 • Likely to rise to resistance level 107.25 CADJPY currency pair recently reversed up from the key support level 104.90 (former resistance from the start of March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. The upward reversal from the support […]
BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities. 2432 Total views 53 Total shares Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Multi-week […]
U.S. stocks are trading near their highest levels of the day heading into the final hour of Tuesday’s session as the market kicks off the fourth-quarter with what are shaping up to be the biggest back-to-back gains for the Dow Jones Industrial Average in two-and-a-half years. In a testament to how hectic markets have been […]
BNY Mellon RBNZ Might Run Out of Room The Reserve Bank of New Zealand is expected to hike its policy rate by another 50bp this week, but the market has long since given up on using the NZD as one of the proxies for advanced policy expectations generating currency performance. Be it liquidity preference or […]
Daily Market Outlook, October 4, 2022 Overnight Headlines UN Calls On Fed, Other Central Banks To Halt Interest-Rate Increases Fed’s Barkin: Permanent Shifts In Inflation Could Mean More Volatile Policy Fed’s Williams: Fed Is Cooling Inflation But Underlying Pressures Still Strong BoE’s Mann: Concerned About Upward Drift In Inflation Expectations UK Chancellor To Bring Forward […]
Starwood Capital Group, manager of the Starwood Property Trust STWD, +7.27% commercial mortgage real estate investment trust, said Tuesday it has signed an agreement with privately held electric vehicle charging company EnviroSpark to bring more than 400 charging stations to 80 multi-family home properties owned by Starwood across the U.S. The chargers will be installed […]