Latest Market News
EUR Lower Following ECB Yesterday’s July ECB meeting saw a muted response in EUR. While the ECB pushed ahead with the larger-than-expected .5% rate hike, the bank’s accompanying guidance was less hawkish than previously. On the back of the meeting, traders have scaled back their rate-hike expectations for the remainder of the year. The ECB […]
U.S. COVID cases and hospitalizations are rising again to the highest seen this summer so far, as the BA.5 omicron subvariant becomes dominant. BA.5 is understood to be the most transmissible variant seen so far and to have an ability to break through vaccination and cause reinfection. BA.5 accounted for more than 53% of global […]
It has been a volatile yet positive week for cryptocurrencies, as traders ignored the warnings from crypto winter veterans that there was more downside in store and jumped back into the market at the first sign of rising prices. Evidence for the reversal in sentiment can be found in the Crypto Fear & Greed Index, […]
Shares of GameStop Corp. GME, -6.74% rallied 1.9% in premarket trading Friday, which implies a price of just above $39 as the videogame retailer and “meme” stock has started trading on a split-adjusted basis. The split was first announced in March, and the 4-for-1 ratio for the split was announced on July 6. Just ahead […]
BTC price slides back below its 200-week moving average as analysts stress the importance of staying above $22,800 for bullish momentum to continue. 9264 Total views 28 Total shares The mood across the cryptocurrency ecosystem is noticeably brighter on July 22 after a week of gains helped traders put the events of the past two […]
Shares of HCA Healthcare Inc. HCA, +11.43% gained 0.6% in premarket trading Friday, after the hospital and ambulatory sites operator reported second-quarter profit that fell from a year ago, amid labor market and inflation challenges, but beat expectations. Net income declined to $1.16 billion, or $3.90 a share, from $1.45 billion, or $4.36 a share, […]