Latest Market News
Crypto assets are no longer on the fringe of the financial system, which raises financial stability concerns, a new IMF research argues. 6247 Total views 107 Total shares Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role of Bitcoin […]
Oil prices climbed Wednesday to their highest settlement in about two months after the Energy Information Administration reported a weekly decline of 4.6 million barrels in U.S. crude inventories to 413.3 million barrels – the lowest since 2018. A larger-than-expected draw in U.S. crude-oil supplies coupled with a large draw at the Cushing, Okla., delivery […]
GBPUSD, “Great Britain Pound vs US Dollar” As we can see in the H4 chart, GBPUSD has reached 61.8% fibo after convergence on MACD and may boost its growth towards 76.0% fibo at 1.3672. After that, the pair may start a new correction to the downside before attacking the high at 1.3824. The key support […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.1313 and rebounding from this level, EURUSD is still growing and has already reached 1.1363; right now, it is consolidating around the latter level. Later, the market may break the range to the upside and form one more ascending structure with the short-term target […]
After raising over $250 million from firms such as SoftBank last year, Brazil’s 2TM Group is expanding into Europe. 2495 Total views 77 Total shares Brazilian 2TM Group, the operator of Latin America’s largest cryptocurrency exchange, Mercado Bitcoin, is moving to expand its global footprint with a strategic acquisition in Portugal. The company officially announced […]
Raymond James Financial Inc. RJF, +0.82% disclosed Wednesday its proxy statement covering fiscal 2021, showing that Chief Executive Paul Reilly got a near $1.5 billion boost to total compensation following a record year financially for the financial services company. Reilly’s total compensation increased to $13.91 million in fiscal 2021, which ended September, from $12.45 million […]