Latest Market News

Jan 05
Oil futures pare gains as U.S. crude stocks decline, but gasoline supplies climb sharply

The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 2.1 million barrels for the week ended Dec. 31. On average, analysts had forecast a fall of 4.4 million barrels, according to a poll conducted by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 6.4 million-barrel decline, according to […]

Jan 05
FTSE 100 index Wave Analysis – 4 January, 2022

• FTSE 100 broke key resistance level 7500.00 • Likely to rise to resistance level 7600.00 FTSE 100 index recently broke above the key resistance level 7500.00 – which accelerated the active impulse waves 3 and (3). The index earlier reversed up from the key support level 7400.00, former resistance level which has been repeatedly […]

Jan 05
EURGBP Wave Analysis – 4 January, 2022

• EURGBP broke support zone • Likely to fall to support level 0.8300 EURGBP currency pair recently broke the support zone lying at the intersection of the support level 0.8400 (previous monthly low from November) and the support trendline of the daily down channel from April. The breakout of this support zone accelerated the active […]

Jan 05
Airbnb users want crypto payment options, according to CEO Twitter poll

AirBnB’s CEO suggested that the platform’s possible crypto payment option would not be restricted to one or two digital currencies. 2621 Total views 36 Total shares Airbnb CEO Brian Chesky tweeted a poll on Monday asking his roughly 400,000 followers what they wanted from the rental platform in 2022. Chesky has today revealed that the majority […]

Jan 05
Emerald Holding buys cannabis events company MJBiz

Trade show producer Emerald Holding Inc. EEX, +2.99% has completed a $120 million acquisition of cannabis events and media company MJBiz, the company said on Tuesday. MJBiz runs MJBizCon, a trade show in Las Vegas that drew 27,000 people in October. MJBiz generated $13.7 million in Ebitda and revenue of $27 million in 2021. It […]

Jan 05
Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last

There will be a breakout up or down within weeks, consensus believes, with targets between $40,000 and $60,000. 2269 Total views 35 Total shares Bitcoin (BTC) recovered from new lows of $45,550 on Jan. 5 as analysts waited patiently for a “squeeze” to trigger fresh volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst weighs […]