Latest Market News

Oct 04
California congressmen aim to boost fight against illegal pesticide use for unregulated cannabis grows

California members of Congress Scott Peters, a Democrat, and Doug LaMalfa, a Republican, on Monday introduced a bill called the Targeting and Offsetting Existing Illegal Contaminants (TOXIC) Act to combat use of illegal and toxic pesticides by unregulated cannabis growers in the U.S. The measure would authorize $250 million over five years for the U.S. […]

Oct 04
General Motors names ex-Tesla, Lyft exec Jonathan McNeill to its board

General Motors Corp. GM, +7.27% on Tuesday named entrepreneur, venture capitalist and former Tesla Inc. TSLA, +5.68% and Lyft Inc. LYFT, +6.53% executive Jonathan McNeill to its board. “I am excited to help GM unlock the opportunities enabled by its transformative investments in technology,” McNeill said in a statement. McNeill’s lengthy resume includes serving on […]

Oct 04
Forex Technical Analysis & Forecast for October 2022

EURUSD, “Euro vs US Dollar” As we can see in the daily chart, after reaching the predicted downside target at 0.9554, EURUSD is forming the first ascending structure towards 0.9954. Later, the market may resume trading downwards to reach the key target at 0.9388 and then start a new growth towards 1.0360. GBPUSD, “Great Britain […]

Oct 04
Citi launches ‘positive capital watch’ on JPMorgan Chase

Citi analyst Keith Horowitz on Tuesday launched a “positive catalyst watch” on buy-rated JPMorgan Chase & Co. JPM, +4.35% ahead of the Dow Jones Industrial Average DJIA, +2.57% component’s earning update on Oct. 14. “We believe a 3Q earnings beat on the top line will lead to upward revisions on full-year guidance and imply a […]

Oct 04
Ichimoku Cloud Analysis 04.10.2022 (EURUSD, XAUUSD, USDCHF)

EURUSD, “Euro vs US Dollar” EURUSD is testing the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.9760 and then resume moving upwards to reach 1.0085. Another signal in favour of a […]

Oct 04
Ether exchange netflow highlights behavioral pattern of ETH whales

The Ethereum netflow chart shows that the spike in exchange flows often comes when the price of ETH is trading at a short-term or long-term low. 1574 Total views 36 Total shares The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts believe is […]