Latest Market News
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the upside correctional target may be at 1.1100. However, an alternative scenario implies […]
Economic news from China today beat expectations in a positive way. Especially surprising was the growth of retail sales as the market set quite low expectations on the figure. Restrictions on mobility inside the country during the Lunar New Year, which were supposed to contain growth in retail consumption and social distancing measures introduced to […]
H&M Shares HigherShares in Swedish retailer H&M are trading a little higher today following news that the company’s retail sales growth jumped 23% in Q1. H&M reported a roughly $5 billion (49.17 billion SEK) jump, year on year, in the quarter ending in February. The strong rise in growth comes despite H&M noted it had […]
The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office. 515 Total views 19 Total shares Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in […]
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 3.75 million barrels for the week ended March 11, according to sources. The API also reportedly showed a weekly inventory decline of 3.8 million barrels for gasoline, while distillate stockpiles edged up by 888,000 barrels. Crude stocks at the Cushing, Okla., delivery […]
March 15, 2022 Washington, D.C. — The Commodity Futures Trading Commission today simultaneously filed and settled charges against ED&F Man Capital Markets, Ltd. (ED&F Man), a London-based provisionally registered swap dealer, for failing to comply with certain swap dealer requirements to report accurate swaps data to a swaps data repository (SDR), failing to disclose a […]