Latest Market News

Feb 02
In December, job opportunities in the United States increased, while resignations decreased.

Job postings in the United States surged to near record highs in December, implying that the slowdown in employment growth at the close of last year was mostly due to labor shortages. Job vacancies, a gauge of labor demand, increased by 150,000 to 10.9 million on December 31st, not far from the all-time high of […]

Feb 02
AUDUSD Rally Looks Weak as RBA Disappoints Hawks

Long-term rates in the US have been creeping down for the fourth session in a row amid warnings from major US investment banks that previous forecasts for the growth of the US economy for 2022 may be too optimistic. Goldman lowered its growth forecast for 1Q and for the full year for the third time […]

Feb 02
RBA Ends QE But Says Inflation Not There Yet For Rate Hikes

Rate Hikes Off The Table For NowThe Australian Dollar has been a little weaker over the European session so far on Tuesday following the February RBA meeting overnight. The RBA held off from announcing any rate hikes though the bank did outline that its pandemic-driven stimulus program would now cease. So far so good, this […]

Feb 02
Tezos transactions and smart contract activity surge on NFT demand

Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity. The Tezos network has seen impressive growth over the past 12 months in smart contract addresses and general adoption, primarily driven by non-fungible tokens (NFTs). Activity within the Proof-of-Stake ecosystem has had a spurt […]

Feb 02
U.S. oil futures settle modestly higher a day ahead of the OPEC+ meeting

U.S. oil futures settled slightly higher on Tuesday, as traders await the outcome of Wednesday’s meeting of major oil producers. OPEC+, which comprises the Organization of the Petroleum Exporting Countries and their allies, is expected to agree to a 400,000 barrel-per-day production increase for March. “When you factor in that many members are struggling to […]

Feb 02
Information Notice 2/1/22

Notice Comments Summary FINRA Rule 4111 (Restricted Firm Obligations) became effective on January 1, 2022. This Notice announces that the first “Evaluation Date” for Rule 4111 will be June 1, 2022.   Questions concerning this Notice should be directed to: Kosha Dalal, Vice President and Associate General Counsel, Office of General Counsel (OGC), at (202) […]