Latest Market News

Mar 04
Press release on the suspension of trading in Hamon

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3, OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of Hamon, BE0003700144 (shares), BE0002210764 (bonds) on Euronext Brussels is suspended from 22/12/2017 at 12:00 CET until the publication of a press release.     Source: FSMA

Mar 03
UK financial watchdog is investigating 50 unauthorized crypto firms

The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, “many of which may be scams.” 1051 Total views 18 Total shares The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on […]

Mar 03
Sweetgreen stock rallies more than 20% after Q4 sales beat

Sweetgreen Inc. SG, -11.34% reported mixed quarterly results late Thursday, and the stock rallied more than 20% after the fast-casual restaurant said it demonstrated “continued recovery from the pandemic” and benefited from higher prices for its salads and other health-minded meals. Sweetgreen said it lost $66.2 million, or $1.14 a share, in the fourth quarter, […]

Mar 03
Japanese Candlesticks Analysis 03.03.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the support level, USDCAD is reversing and may form a new ascending impulse. In this case, the upside target may be the resistance area at 1.2700. However, an alternative scenario implies that the […]

Mar 03
European Forex news roundup: The euro continues to struggle in mixed trading.

European Forex news roundup: The euro continues to struggle in mixed trading. The atmosphere is tepid and uneven today, as the Russia-Ukraine conflict clouds continue to hang over markets. The upbeat tone from yesterday has faded, but there are no indications of larger concerns in the action thus far. European indices are mainly down, with […]

Mar 03
Buyers Ditch Russian Oil on Growing Sanctions Risk

Oil prices hit a new high today – $116.50/bbl for WTI and $119.70/bbl for Brent. The last time the market saw such prices was in October 2008. The Ukrainian conflict is increasingly affecting oil exports from Russia, but surprisingly, this is not a result of sanctions targeting oil production or exports. Refineries reduced demand for […]