Latest Market News

Jul 15
10-YEAR T-NOTE FUTURES (ZN1!), H4 Potential For Bullish Bounce

Type: Bullish Bounce Key Levels:Resistance: 120’30’5Pivot: 118’07’0Support: 116’17’0 Preferred Case:On the H4, with price moving in an ascending trend channel and moving above the ichimoku cloud , we have a bullish bias that price will bounce off the pivot at 118’07’0 in line with the overlap support to the 1st resistance at 120’30’5 at the […]

Jul 15
EURCAD Wave Analysis – 14 July, 2022

• EURCAD reversed from major support level 1.3020 • Likely to rise to resistance level 1.3200 EURCAD recently reversed up from the major long-term support level 1.3020 (former multi-year low from the middle of 2015), standing outside of the lower weekly Bollinger band. The upward reversal from the support level 1.3020 is likely to form […]

Jul 15
Pinterest stock pops 19% on activist investor increasing stake: report

Pinterest Inc.’s stock PINS, -4.62% popped 19% in extended trading Thursday following a report that activist investor Elliott Management Corp. has built a stake of more than 9% in the social-media company. The investment could make Elliott the biggest stakeholder in Pinterest, according to the Wall Street Journal report. Pinterest was not immediately available for […]

Jul 15
Codexis stock drops as forecast comes in below Street estimate

Codexis Inc. CDXS, -4.74% shares fell in the extended session Thursday after the biotech company lowered its revenue forecast for the year and said that sales from Pfizer Inc. PFE, -0.77% would come in at the low end of an expected range. Codexis shares dropped more than 20% after hours, following a 4.7% decline in […]

Jul 14
Central Bank Governor visits Tipperary to meet businesses and students

Governor of the Central Bank of Ireland Gabriel Makhlouf met with businesses and students from Tipperary yesterday during his day-long visit.  Governor Makhlouf met with local entrepreneurs, staff and Government agencies at Tipperary Technology Park, where conversations included the importance of local digital hubs and local economic development in a hybrid working world recovering from […]

Jul 14
Recurrent property taxes may help to reduce house price volatility

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, […]