Latest Market News
Shares of Microsoft Corp. MSFT, -4.17% dove 5.8% in midday trading Monday, to put them on track for a six-month low, and enough to pace the 29-of-30 Dow Jones Industrial Average DJIA, -2.68% components that are losing ground. The stock’s $17.27 price decline, which is the stock’s second-biggest-ever price decline behind the $23.41 record selloff […]
Montréal – The Canadian Securities Administrators (CSA) today announced that the Investment Industry Regulatory Organization of Canada (IIROC) and the Montréal Exchange (MX) have entered into a Memorandum of Understanding (MoU) regarding cross-market surveillance of the securities and derivatives markets to help mitigate the risk of market integrity breaches. The MoU’s primary objectives is to […]
The second phase of the CBDC mock testing is expected to be completed by June this year 2895 Total views 42 Total shares The Bank of Korea has successfully completed the first phase of its central bank digital currency (CBDC) mock testing, which started in August 2021. The South Korean central bank said that the […]
Department store shares moved higher Monday after a Wall Street Journal report that Kohl’s Corp. KSS, +33.01% has received a $9 billion takeover bid from activist hedge fund Starboard Value LP. Kohl’s confirmed receipt of a takeover offer. Kohl’s shares soared nearly 34% in Monday trading. Macy’s Inc. M, +7.54% stock rose 5.7%, and Nordstrom […]
At the beginning of a very important week, EURUSD is going down. The major currency pair is falling on Monday. The current quote for the instrument is 1.1317. So, one of the most important weeks for financial markets has started. The key highlight is the January meeting of the US Federal Reserve System and […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is trading at 0.6708; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.6755 and then resume moving downwards to reach 0.6590. Another signal in favour of a further downtrend will […]