Latest Market News

Mar 01
Gold prices rise $25 as political tensions escalate

Gold prices rose today, Monday, at the beginning of the week’s trading, by about 25 dollars, to rise to the record level of 1914 dollars, after fears increased, after Russian President Vladimir Putin put the Russian nuclear deterrent on high alert. Palladium jumped about 6% as new Western sanctions against Russia increased and concerns over […]

Mar 01
Despite Major Escalation Markets are Still Reluctant to Price in Major Spillover Effects from the Ukraine Conflict

As geopolitical tensions increased sharply on Monday, policy tightening cycles of central banks and inflation challenges have been pushed deeper on the sidelines. The focus remains entirely on military operations in Ukraine, as well as the sanctions war between the West and Russia. The third package of EU sanctions, including financial, transport, technological, export and […]

Mar 01
Market Spotlight: GBPCAD Hits First Target

GBPCAD Turning LowerThe short idea issued last week in GBPCAD has now hit its first target at 1.7041. The decline from the double top level has seen the market breaking down through the bull channel support with price now testing the 1.7041 level. With the retail market heavily long the pair and with both MACD […]

Mar 01
Vroom stock falls after online used-car retailer faces headwinds amid higher demand

Shares of Vroom Inc. VRM, -1.94% fell more than 5% in the extended session Monday after the online used-car retailer reported mixed fourth-quarter results, posting a wider-than-expected loss and sales that were above expectations, and called for lower-than-expected sales in the current quarter. Vroom said it lost $130 million, or 95 cents a share, in […]

Feb 28
Crypto firms may still face SEC penalties for self-reporting securities laws violations: Report

SEC enforcement director Gurbir Grewal reportedly said the agency wouldn’t be ignoring the funds or securities laws violations for crypto companies that come to them. 1045 Total views 35 Total shares The U.S. Securities and Exchange Commission’s enforcement director has reportedly said cryptocurrency companies will not receive amnesty for reporting themselves for possible violations of […]

Feb 28
EV startup Canoo posts wider quarterly loss

Shares of Canoo Inc. GOEV, -0.17% fell more than 7% in the extended session Monday after the electric-vehicle startup reported a wider-than-expected quarterly loss. Canoo said it lost $138.1 million, or 60 cents a share, in the fourth quarter, compared with a loss of $9.2 million, or 6 cents a share, in the year-ago quarter. […]