Latest Market News

Jul 12
Oil prices are down 3%, and Brent crude is below $103

Oil prices fell by more than 3% during trading today, Tuesday, July 12, 2022, with the increase in infections with the new Corona virus in China, the largest importer of crude in the world. And the Covid-19 injuries in China supported fears of a global economic slowdown, which affected the outlook for fuel demand. Oil […]

Jul 12
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 12
DAX FUTURES (FDAX1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 13373Pivot: 12616Support: 12383 Preferred Case:On the H4, with price moving in an ascending trendline on the RSI and price recently breaking the descending trendline, we have a bullish bias that price will rise from the pivot at 12616 at the pullback support at the swing low in line with the […]

Jul 12
Ethereum co-founder responds to PoS critics amid upcoming Merge

Vitalik Buterin described a critic’s notion as an “unmitigated bare-faced lie,” while sharing his thoughts on PoS voting. 1508 Total views 30 Total shares While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others take this opportunity to make snarky remarks on Twitter, triggering a rebuttal […]

Jul 12
Spanish bank stocks fall after government announces plans for temporary tax

Published: July 12, 2022 at 9:34 a.m. ET Spanish banks fell sharply on Tuesday after the Spanish government reportedly announced a temporary tax on financial institutions and power companies to help individuals cope with high inflation and power bills. Shares of Bano de Sabadell and CaixaBank each fell over 8%, while BBVA and Banco Santander […]

Jul 12
UPDATE: Canoo shares soar premarket after Walmart orders 4,500 electric delivery vehicles plus option for up to 10,000 more

Walmart Inc. WMT, +0.04% said Tuesday it is purchasing 4,500 all-electric delivery vehicles from Canoo Inc. GOEV, -8.14% for use in last-mile delivery. The news sent shares of Canoo up 67% in premarket trade. Walmart is also purchasing an option for up to 10,000 more units, as part of its goal of zero-emissions by 2040. […]