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United States Senator Elizabeth Warren is preparing a bill to crack down on the use of crypto as a way to avoid economic sanctions. Warren’s latest anti-crypto move comes alongside a push from the U.S. government to stamp out the possibility of Russia using crypto to skirt a host of economic sanctions placed on the […]
Oil futures climbed Tuesday, with U.S. prices up by nearly 4%, after President Joe Biden announced a ban on imports of Russian oil. “How high oil prices will need to go depends primarily on how much and for how long the market will need to shun export barrels from Russia and whether other buyers, such […]
The Treasury’s statement came a day early and was removed from the site, but not before the details of how Secretary Yellen plans to respond to President Biden’s forthcoming order. 5871 Total views 80 Total shares A statement from U.S. Treasury Secretary Janet Yellen on President Joe Biden’s executive order regarding digital assets calls for […]
Coca-Cola Co. KO, -3.96% said Tuesday it was suspending its business in Russia following the lead of several companies that have suspended activity because of the invasion of Ukraine. “Our hearts are with the people who are enduring unconscionable effects from these tragic events in Ukraine,” Coca-Cola said in a statement. “We will continue to […]
Equities Attempting To Rebound Following Heavy LossesWhileequities markets continue to walk the tightrope of news flow stemming from theUkraine crisis, risk sentiment appears to be rebounding somewhat over theEuropean open on Tuesday. Following heavy sales over last week, most indices areseeing better demand this week as traders buy into these current lows.Thekey driver, of course, […]
Type: Bullish BounceKey Levels:Resistance: 19.47Pivot: 18.97Support: 18.61Preferred Case:We see the potential for bullish bounce from our Pivot at 18.97 in line 38.20% Fibonacci retracement and 61.8% Fibonacci projection towards our 1st resistance at 19.47 in line with 127.20% Fibonacci extension. Our bullish bias is further supported by prices trading above Ichimoku cloud indicatorAlternative Scenario: If […]