Latest Market News

Jun 14
Gold prices are falling, awaiting the decisions of the US Federal Reserve

Gold prices fell today, Tuesday, June 14, 2022, in volatile trading, after the session started on the rise, recovering from its lowest level in 4 weeks. This comes with a pause in the rise of the dollar and US Treasury bond yields, and with increasing bets on monetary policy tightening by the Federal Reserve, during […]

Jun 14
SILVER FUTURES (SILVER1!), H1 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 61225Pivot: 60429Support: 58199Preferred Case:On the H1, price has broken out from the ascending channel and is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60429 in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 58199 […]

Jun 14
CRUDE OIL FUTURES (CL1!), H1 Potential For Bullish Momentum

Type: Bullish RiseKey Levels:Resistance: 9999Pivot: 9410Support: 9124Preferred Case:On the H1, price is moving above the ichimoku cloud and within the ascending channel which supports our bullish bias that price will rise from the pivot at 9410 where the swing low support and 23.6% fibonacci retracement are to the 1st resistance at 9999 in line with […]

Jun 14
Crypto exchange Coinbase slashes staff by 18% amid bear market

Coinbase CEO Brian Armstrong officially announced on Tuesday that he made a “difficult decision” to reduce the size of the Coinbase team by about 18% due to a starting economic recession. “We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last […]

Jun 14
Redfin to cut 470 jobs, stock sinks toward record low

Shares of Redfin Corp. RDFN, -3.86% dropped 3.7% toward a record low in midday trading Tuesday, after the real estate brokerage disclosed a decision to lay off 470 employees, or about 6% of its workforce. The company said it plans to complete the job cuts by the end of June. Redfin said it expects to […]

Jun 14
Canadian Securities Administrators Appoint New Chair and Vice-Chair

Montreal – The Canadian Securities Administrators (CSA) today announced the appointment of Stan Magidson, Chair and CEO of the Alberta Securities Commission (ASC), as Chair of the CSA for a three-year term, effective July 1, 2022.  Mr. Magidson succeeds Louis Morisset, President and CEO of the Autorité des marchés financiers who has served as the […]