Latest Market News
The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse. 1559 Total views 38 Total shares Japan is moving forward with legislation regarding the issuance of stablecoins, i.e., digital assets with their value pegged to fiat currencies or stabilized by an algorithm. On Friday, Japan’s parliament passed a […]
The 11-Minute Harvard Speech That Rebuilt Postwar Europe It’s been 75 years since George Marshall outlined a bold plan to counter Soviet influence by revitalizing a foreign foe Jun. 3, 2022 at 1:50 p.m. ET by David L. Roll Bristol-Myers to Buy Turning Point Therapeutics for $4.1 Billion The deal would deepen the biopharmaceutical company’s position […]
Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’ money. Despite some early resistance from the community and heavy backlash from the likes of Binance CEO Changpeng “CZ” Zhao, Terra co-founder Do Kwon managed to relaunch the collapsed network […]
Shares of Caterpillar Inc. CAT, +0.84% rallied 1.1% in morning trading Friday to buck the selloff in the broader stock market, and enough to pace the Dow Jones Industrial Average’s DJIA, -1.13% gainers. Analyst Michael Feniger at BofA Securities reiterated the neutral rating on the construction and mining equipment company (CAT) but raised the stock […]
USDCAD, “US Dollar vs Canadian Dollar” USDCAD is testing the bearish channel’s downside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.2625 and then resume moving downwards to reach 1.2325. Another signal in favour of a further downtrend […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hanging Man reversal pattern close to the resistance area. At the moment, EURUSD may reverse in the form of a new descending impulse. In this case, the downside correctional target may be at 1.0700. However, an alternative […]