Latest Market News
Central Bank Economic Letter finds that recurrent property taxes can, over time, help to mitigate downside risks to house prices. Such taxes may also provide a stable source of revenue for government, as they are less likely to be affected by the economic cycle. Revenue from recurrent property taxes, as a proportion of national income, […]
Central Bank seeks to anticipate and support innovation in the financial services industry Firms in novel areas must ensure their businesses will not be used to launder the proceeds of crime or to finance terrorism Central Bank issues a bulletin to virtual asset service providers (VASPs) to assist them in strengthening their applications and frameworks […]
PepsiCo Inc. PEP, +0.15% said late Thursday its board of directors approved a dividend of $1.15 a share, a 7% increase. That’s consistent with PepsiCo’s previously announced increase in its dividend to $4.60 a share from $4.30 a share, which began with the June payment, the snack and beverage company said. The dividend is payable […]
Type: Bullish Rise Key Levels:Resistance: 1.04040Pivot: 1.03230Support: 1.02645 Preferred Case:On the H4. with price moving above the ichimoku cloud, and moving in an ascending trend channel and trendline, we have a bullish bias that price will continue to rise from the pivot at 1.03230 at the overlap support in line with then 38.2% fibonacci retracement […]
Type: Bullish Rise Key Levels:Resistance: 31852Pivot: 30821Support: 30405 Preferred Case:On the H4, with price moving in an ascending trend channel and ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the pivot at 31913 at the pullback support in line with the 61.8% and 78.6% fibonacci […]
• Dow Jones reversed from resistance area • Likely to fall to support level 31000.00 Dow Jones index recently reversed down from the resistance area lying between the key resistance level 31845.00 (top of wave A from June), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from May. The downward […]