Latest Market News
Gold futures declined Monday, with prices for the most-active contract ending at their lowest since early April 2020. “Last week’s series of interest rate hikes by central banks had put gold under heavy near-term pressure and with no prospect of the banks changing course in the coming months, the medium-term outlook also looks gloomy for […]
Faraday Future Intelligent Electric Inc. FFIE, +12.52% stock rose more than 12% Monday following news the EV maker has reached an agreement with its largest shareholder to end a months-long governance dispute. The shareholder, FF Top, will dismiss its lawsuit against the company and its board of directors, the EV maker said. Chairperson Sue Swenson […]
Chevron Corp. CVX, -2.22% said Monday it was halting production at two platforms in the Gulf of Mexico ahead of Hurricane Ian, and that production at other Chevron facilities in the Gulf remained “at normal levels.” Chevron “will continue to closely monitor the storm and remains focused on the safety of our workforce, the integrity […]
Surging US Dollar Puts Pressure on Metals It’s been a tricky start to the week for the metals market. Gold prices were seen breaking down to new lows for the year across the European morning on Monday. However, this move was then seen reversing with price trading back up to roughly flat on the day, […]
Daily Market Outlook, September 26, 2022 Overnight Headlines UK Pound Plunges To All-Time Low As Fiscal Plan Spurs Exodus Fed’s Bostic: US Could Have A ‘Relatively Orderly’ Slowdown Blinken: China Acting Ever More Aggressively Toward Taiwan Wall Street Banks Prep For Grim China Scenarios Over Taiwan German Ifo Set For Further Decline As Recession Fears […]
Dave Ripley says he doesn’t see a reason to register with the SEC as an exchange because Kraken does not offer securities to users. 2283 Total views 12 Total shares The newly appointed CEO of crypto exchange Kraken has stated that he has no plans to register the company with the United States Securities and […]