Latest Market News

Jun 23
‘Rush of radical rulemakings’ — Hester Peirce criticizes SEC agenda

Peirce has called for regulatory clarity around certain issues relating to crypto as part of the SEC Spring 2022 Regulatory Agenda, which was released on Wednesday. 557 Total views 9 Total shares United States Securities and Exchange (SEC) commissioner Hester Peirce said the newly released SEC Agency Rule List is full of “hot-button” topics implemented […]

Jun 23
API data reportedly show a hefty weekly climb in U.S. crude supplies; EIA delays oil data release

The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 5.6 million barrels for the week ended June 17, according to sources. The API, which released its data a day later than usual because of Monday’s Juneteenth holiday, also reportedly showed a weekly inventory climb of 1.2 million barrels for gasoline, while […]

Jun 22
Red Robin CEO Murphy to retire at the end of the year

Red Robin Gourmet Burgers Inc. RRGB, +5.26% said late Wednesday that Chief Executive Officer Paul Murphy will retire at the end of the year, when his employment agreement expires. Murphy will assist the fast-casual restaurant chain’s board in the search for a new CEO and will remain as a special adviser until the end of […]

Jun 22
The Yen hit new lows – what’s next? Overview for 22.06.2022

USDJPY updated its 24-year highs and may continue rising. The Japanese Yen hit a new 24-year low against the USD. The current quote for the instrument is 136.25. The high in USDJPY is now at 136.71, and it seems like the sky is the limit. The reasons for the Yen depreciation are the same. First, […]

Jun 22
Murrey Math Lines 22.06.2022 (USDJPY, USDCAD)

USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is approaching the “Overbought area”. In this case, the price is expected to test the resistance at 8/8, rebound from it, and then resume falling to reach the support at 6/8. However, this scenario may no longer be valid if […]

Jun 22
The renewable energy maintenance market could reach $250 billion by 2030

Emission reduction targets boost global spending on maintenance in the renewable and low-carbon sectors, slowly pulling the rug out of the oil and gas industry. In a recent report, energy research firm Rystad Energy predicts that the maintenance, modification and operation (MTO) market for the renewable and low-carbon sector will reach nearly $250 billion by […]