EURUSD retreated; the “greenback” is in demand. The major currency pair dropped on Tuesday. The current quote for the instrument is 1.1327. The demand for “safe haven” assets revived and the “greenback” rose to the occasion. As long as risk aversion dominates the global market, the American currency will continue strengthening. The statistics published yesterday […]
Kernel Holdings Under PressureKernel Holdings, the world’s largest producer/exporter of sunflower oil, has seen volatile price action over recent sessions. The Ukrainian company has seen heavy selling in recent days as fears over a fresh military conflict between Russia and Ukraine continue to grow. The build up of Russian troops on the border with Ukraine […]
Three Key US Data Release to WatchThe key data focus for today’s US session will be the release of the US services and manufacturing PMIs as well as the latest consumer confidence update. Given the broad strength we have seen across recent indicators, the expectations today is that both services and manufacturing will improve to […]
A U.S. consumer survey by investing powerhouse Deutsche Bank provides “bullish” insights into the crypto market. 2052 Total views 31 Total shares As an unlikely but welcomed source of hope during crypto market jitters, Deutsche Bank’s report, the “Future of Cryptocurrencies,” sheds light on potentially bullish cryptocurrency activity. A survey critical to the report suggests […]
Krispy Kreme Inc. DNUT, -0.87% posted net income of $4.3 million, or 1 cents a share, for the fourth quarter, after a loss of $24.8 million, or 21 cents a share, in the year-earlier period. Adjusted per-share earnings came to 8 cents, just below the 9 cent FactSet consensus. Revenue rose 13.85 to $370.6 million […]
BaFin issued a notice on 7 February 2022 ordering Singulus Technologies Aktiengesellschaft to comply with the financial reporting requirements under sections 114 et seq. of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG) and threatening to impose coercive fines totalling EUR 220,000. Singulus Technologies Aktiengesellschaft contravened the requirements under section 114 (1) sentences 2 and 3 […]