Latest Market News

Jun 14
API data reportedly show a weekly climb in U.S. crude supplies

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 736,000 barrels for the week ended June 10, according to sources. The API also reportedly showed a weekly inventory decline of nearly 2.2 million barrels for gasoline, while distillate stockpiles climbed by 234,000 barrels. Oil stocks at the Cushing, Okla., delivery hub […]

Jun 14
Binance aims to become a super app with Splyt crypto partnership

The partnership with the “super app enabler” will allow users to pay for taxi services and food deliveries with crypto using Binance Pay. 1895 Total views 15 Total shares The world’s largest cryptocurrency exchange, Binance has partnered with Splyt, a “super app enabler,” to bring payment options to the Binance application. Payment options made for […]

Jun 14
McConnell says he’s ‘comfortable’ with gun-bill framework

Senate Minority Leader Mitch McConnell on Tuesday said he would support a bill to curb gun violence if it mirrors a framework released over the weekend. “For myself I’m comfortable with the framework and if the legislation ends up reflecting what the framework indicates, I’ll be supporting,” the Kentucky Republican said at a Capitol Hill […]

Jun 14
Regulatory Notice 22-13

Notice Comments Summary FINRA has adopted amendments to Rule 6732 (Exemption from Trade Reporting Obligation for Certain Transactions on an Alternative Trading System) to expand the scope of the exemption to include eligible ATS transactions that involve only one member (other than the ATS). As amended, a member ATS may apply for the exemption for […]

Jun 14
Falling of euro was inevitable. Overview for 14.06.2022.

On Tuesday, the EURUSD major remains depressed. Current quote is 1.0420. The main reason for global sales is the fear of increasing recession in the US economy. After last Friday the US published the inflation report for May, demonstrating growth to the 40-years high of 8.6% y/y, investors got scared. But of what? Firstly, they […]

Jun 14
Forex Technical Analysis & Forecast 14.06.2022

EURUSD, “Euro vs US Dollar” The pair completed a declining wave to 1.0400. A link of correction to 1.0500 might occur, followed by a decline to 1.0270. After this level is reached, a link of correction to 1.0500 is expected. GBPUSD, “Great Britain Pound vs US Dollar” The pair demonstrated a declining wave to 1.2106. […]