Latest Market News
Stocks closed with strong gains and near session highs as earnings season began and Treasury yields pulled back. The Dow Jones Industrial Average DJIA, +1.01% finished with a gain of around 344 points, or 1%, according to preliminary figures, while the S&P 500 SPX, +1.12% rose 1.1% and the tech-heavy Nasdaq Composite COMP, +2.03% jumped […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0808, EURUSD is correcting towards 1.0929 and may later start a new decline with the target at 1.0750. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has finished the descending wave at 1.2975; right now, it is correcting towards 1.3142. Later, the market may […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is still growing within the bullish impulse at 1.3142. The bears’ second attempt to break the support area at 1.2965 failed, that’s why the daily chart has the potential for the formation of a Double Bottom reversal pattern. To complete the pattern, bulls have to fix above […]
BOC Up Next The big focus over today’s US session will the BOC April rates meeting. Following a firmly hawkish shift by the Fed, and a larger-than-expected hike from the RBNZ, the market is now braced for further fireworks today. In light of firmly hawkish signals from the BOC, solid employment and rising inflation, the […]
UK Inflation Soars AgainThe British Pound has been well bid today following the latest set of inflation figures from the ONS this morning. UK headline CPI was seen surging higher to 7%, year on year, in March. This was a stark jump from the prior month’s 6.2% reading and was well above the 6.7% the […]
North Dakota officials are luring in crypto mining companies to set up in the state. With $3B already invested, and with $3B said to be on the way, they’re doing well so far. 540 Total views 19 Total shares North Dakota government officials rocked up to the Bitcoin 2022 conference in Miami to lure cryptocurrency […]