Latest Market News

Mar 30
NextEra ‘disappointed’ as Biden administration looks into tariffs on solar panel imports from Asia

NextEra Energy Inc. NEE, +0.23% said Tuesday that it was “disappointed” in the U.S. Department of Commerce’s decision to look into possible tariffs on solar panel imports from certain countries in Asia. The clean energy company’s stock fell 0.5% in afternoon trading, reversing an earlier gain of as much as 0.7%. The decision followed a […]

Mar 30
Russia Sends Major de-Escalation Signal, Risk Assets Surge on Expectations of a Ceasefire

Progress in peace talks between Ukraine and the Russian Federation in Istanbul today has become the main driver of recovery moves in risk assets and Forex. One of the key signals of de-escalation was the statement by a representative of the Russian Defense Ministry that “the Russian Ministry of Defense will significantly reduce military activity […]

Mar 30
Light Crude Oil Futures (CL!), H1 Potential for Dip!

Type: Bearish ReversalKey Levels:Resistance: 114.35Pivot: 112.05Support: 107.92Preferred Case:Prices are on bearish momentum and abiding by our descending trendline resistance. We see the potential for a further bearish continuation from our Pivot at 104.45 in line graphical overlap, 23.6% Fibonacci retracement and 127.2% Fibonacci extension towards our 1st support at 94.44 in line with 61.8% Fibonacci […]

Mar 30
‘Institutional demand’: Large transactions on Cardano up 50X in 2022

Large Transaction Volume on Cardano has exploded in 2022, suggesting that there is now institutional demand for the blockchain network. 683 Total views 39 Total shares Crypto intelligence firm IntoTheBlock reports that the number of large transactions on the Cardano blockchain has increased by more than 50X this year.  Large Transaction Volume (LTV) refers to […]

Mar 30
Oil futures end lower on apparent progress in Russia-Ukraine peace talks

Oil futures declined on Tuesday for a second straight session, with prices pressured by reports of progress in peace talks between Russia and Ukraine. Prices have fallen “with Russia signaling a willingness to de-escalate the war against Ukraine,” said Jay Hatfield, chief investment officer at ICAP. “If there is a full cease fire and more […]

Mar 30
Biden’s Fed picks are likely headed to Senate vote after partisan delay

“A small but loud minority have wrongly claimed that Lisa Cook doesn’t meet the standards for this position — standards that only seem to apply for certain nominees,” said Sherrod Brown. 880 Total views 6 Total shares The United States Senate will vote on President Joe Biden’s nominations to the Federal Reserve after delays instigated […]