Latest Market News

Mar 04
Google Trends data reveals that no one cared about metaverse or NFTs in 2022

Search interest for main keywords “metaverse” and “NFT” continues to drop since the start of the year. 1122 Total views 37 Total shares While the worldwide search interest for the keywords “metaverse” and “NFT” boomed in the last quarter of 2021, Google Trends data shows that the hype may have passed since February 2022. Google […]

Mar 04
Microsoft to suspend all sales, services in Russia

Shares of Microsoft Corp. MSFT, -1.36% fell 2.1% in morning trading Friday, after the software giant said it will suspend all new sales of its products and services in Russia. The company said it was coordinating with the U.S. and U.K. governments and with the European Union to company its Russia businesses in compliance with […]

Mar 04
NYSE halts trading in iShares MSCI Russia ETF, and BlackRock supports decision

Trading in the iShares MSCI Russia ETF ERUS, -25.51% has been halted by NYSE Arca, as of 4 a.m. Eastern time on Friday. The ETF (ERUS) tumbled 25.5% on Thursday to a record-low close of $8.06, following MSCI Inc.’s MSCI, -0.78% announcement that Russia’s equity markets were uninvestable, and has plummeted 72.8% since Russia’s invasion […]

Mar 04
More Russian companies suspended in London as local market remains shut for fifth day

The London Stock Exchange on Friday suspended more Russian companies that had secondary listings at the exchange. The suspension includes the depository receipts of companies including Rostelecom RKMD, , food retailer Magnit MGNT, and conglomerate Sistema SSA, . The LSE said the move was made due to “the ongoing deterioration of market conditions” and the […]

Mar 04
Ichimoku Cloud Analysis 04.03.2022 (XAGUSD, AUDUSD, EURGBP)

XAGUSD, “Silver vs US Dollar” XAGUSD is trading at 25.10; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 24.65 and then resume moving upwards to reach 26.95. Another signal in favour of a further uptrend will be […]

Mar 04
Forex Technical Analysis & Forecast 04.03.2022

EURUSD, “Euro vs US Dollar” After breaking 1.1080, EURUSD has finished the descending wave at 1.1015. Possibly, the pair may correct to reach 1.1090 and then resume trading downwards with the target at 1.1006. Later, the market may resume trading upwards to reach 1.1500. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is consolidating around […]