Latest Market News

Jan 11
Investment Bank Outlook 10-01-2022

Credit AgricoleAsia overnightThe rise in the UST 10Y yield to nearly 1.80% post the US non-farm payrolls data modestly weighed on sentiment during the Asian session. Adding some weight to sentiment were newswire reports of the first omicron variant cases of Covid in Mainland China. At the time of writing, a modest majority of Asian […]

Jan 11
GBPUSD, H4 | Potential For Reaction

Type: Bearish ReversalKey Levels:Resistance: 1.36251Pivot:1.35984Support: 1.3557Preferred Case:Prices are abiding to a bullish trendline and forming a potential double top. We see the potential for a reaction dip from our Pivot at 1.35984 in line with 61.8% Fibonacci extension towards our 1st support at 1.3557 in line with 38.2% Fibonacci retracement. RSI is at a level […]

Jan 11
Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president

According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites. 2746 Total views 90 Total shares El Salvador’s President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to […]

Jan 11
Car-sharing company Turo files for IPO

Peer-to-peer car-sharing company Turo has filed for an initial public offering, according to a filing late Monday. Turo, based in San Francisco, filed to sell up to $100 million worth of shares, although that figure is often a placeholder used to calculate fees. The company plans to list its stock on the New York Stock […]

Jan 10
New NFT marketplace LooksRare allows traders to earn rewards

As NFT trading activity remains high in volume, a new wave of NFT trading platforms have begun to crop up in 2022. 1498 Total views 23 Total shares LooksRare, a recently launched nonfungible token, or NFT, marketplace, says it wants to index all NFT collections on the Ethereum blockchain. The site went live on Monday […]

Jan 10
Meta mandates boosters for employees working at U.S. campuses, eyes late March reopening

Facebook parent Meta Platforms Inc. FB, -1.12% is eyeing a reopening of its U.S. campuses on March 28, but it comes with a caveat: Employees who wish to work out of those offices will require a COVID-19 booster shot. “Boosters provide increased protection,” a Meta spokesman told the Wall Street Journal on Monday. “Given the […]