Latest Market News

Jul 06
Market Spotlight: Amazon Shares Rebounding

Amazon Shares ReboundingAmazon shares are turning higher today with the company’s stock price once again attempting to break out above the bear channel from YTD highs. The move comes amidst news that Amazon has agreed to take a 2% stake in US food-delivery service Grubhub. As part of the deal, Amazon prime users in the […]

Jul 06
Market Spotlight: CADJPY Reversal on Watch

CADJPY on WatchPrice action in CADJPY is starting to looking interesting here to the short-side. The pair has been trending steadily higher this year. However, over the last month, we are starting to see signs that the pair might be topping out. Currently, the pair is at risk of putting in a double top (with […]

Jul 06
U.S. oil futures settle in a bear market

Oil futures declined for a second session on Wednesday, with U.S. prices settling in a bear market – defined by a 20% or more decline from a recent high. Ongoing worries over a recession that could lead to a slowdown in energy demand have pressured prices for oil. West Texas Intermediate crude for August delivery […]

Jul 06
Korea and US agree to share investigation data on Terra

The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra. 2473 Total views 33 Total shares South Korean justice minister Han Dong-hoon was in New York recently to discuss various ways in which the two nations can corporate on investigations associated with financial crimes, especially crypto-related crimes. Hoon […]

Jul 06
Gold futures settle lower for a 7th straight session

Gold futures fell on Wednesday to tally a seventh straight session decline, the longest stretch of consecutive losses since the seven-session loss ended on March 5, 2019, FactSet data show. The fundamental factors behind gold’s weakness are “still in place,” including a sharp tightening of monetary policy and weak demand for gold from central banks, […]

Jul 06
Caution: BBanc

The Financial and Consumer Services Commission (FCNB) has become aware that BBanc, which claims to provide online cryptocurrency, commodities, metal, stock and forex trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. BBanc appears to be operating out of London, UK as well […]