Latest Market News

Jul 29
Marriages and court cases can be held in the Metaverse

Singapore’s Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient. 1744 Total views 33 Total shares Legal marriage proceedings, court case disputes and government services may one day be offered on the Metaverse, according to a Singaporean government minister.  Speaking at the TechLaw […]

Jul 29
Gold futures end higher for the week, but fall for the month

Gold futures rose Friday to end the week higher, but prices posted a loss for the month. The outlook for gold brightened after the Federal Reserve meeting on Wednesday, when Fed Chairman Jerome Powell “sounded less hawkish than feared,” said Lukman Otunuga, manager, market analysis, at FXTM. “With the dollar initially shaky and the Fed […]

Jul 29
Forex Technical Analysis & Forecast 29.07.2022

EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.0222, EURUSD is trading close to the bearish channel’s upside border. Possibly, today the pair may fall towards 1.0077 and then form a new consolidation range around 1.0177. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continue growing towards 1.2227 and may later fall […]

Jul 29
Murrey Math Lines 29.07.2022 (Brent, S&P 500)

BRENT As we can see in the H4 chart, Brent is trading below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to test 1/8, break it, and then continue moving downwards to reach the support at 0/8. However, this scenario may no longer be valid if […]

Jul 29
Bitcoin bear market over, metric hints as BTC exchange balances hit 4-year low

Coins stationary for at least a year are suggesting that accumulation is done — something which traditionally accompanies the end of bear markets. 1992 Total views 45 Total shares Bitcoin (BTC) may already be beginning its new macro uptrend if historical “hodl” habits repeat. That was the conclusion from research into the latest data covering […]

Jul 29
GE stock’s bull-market bounce takes it toward the longest win streak in more than 50 years

Shares of General Electric Co. GE, +0.46% kept climbing Friday, rising 0.7% in midday trading toward an 11th-straight gain. The stock has run up 20.6% during its win streak, which started after the stock closed at a 20-month low of $61.09 on July 14. Many on Wall Street define a bull market as gain of […]