Latest Market News

Sep 20
U.S. oil futures settle at their lowest in nearly 2 weeks

Oil futures declined on Tuesday, with U.S. benchmark prices settling at their lowest in almost two weeks. “A strong U.S. dollar, rising yields and concerns over demand as the global economy slows is weighing on crude oil prices again,” said Michael Hewson, chief market analyst at CMC Markets UK. Markets are gearing up for “multiple […]

Sep 20
Hackers take over CoinDCX Twitter account, promote fake XRP ads

A hacker took over CoinDCX’s official Twitter account and has constantly been tweeting XRP scam links. 1840 Total views 19 Total shares The official Twitter account of India-based crypto exchange CoinDCX has been hacked and used by the exploiters to post fake Ripple (XRP) promos partnered with phishing links in an attempt to scam the […]

Sep 20
Stocks end sharply lower as investors await Fed decision

Stocks stumbled Tuesday, ending sharply lower and erasing the previous session’s gains as investors awaited a Federal Reserve rate decision that’s expected to deliver another jumbo increase. The Dow Jones Industrial Average DJIA, -1.01% fell around 313 points, or 1%, to end near 30,707, according to preliminary figures. The S&P 500 SPX, -1.13% dropped 1.1% […]

Sep 20
Charter stock sinks toward 3 1/2-year low, after judge cuts payment to murder victim’s family to $1.15 billion

Shares of Charter Communications Inc. CHTR, -2.37% dropped 2.1% in afternoon trading Tuesday toward a 3 1/2-year low, buy pared earlier losses of as much as 2.7%, after a Texas judge reduced what the cable company must pay in damages to a murder victim’s family to $1.15 billion, according to a report in The Wall […]

Sep 20
Weyerhaeuser stock dives toward 21-month low after BofA downgrades, amid ‘looming recession’

Shares of Weyerhaeuser Co. WY, -5.85% took 6.4% dive in afternoon trading, toward a 21-month low, after BofA Securities analyst George Staphos downgraded the paper and forest products company, citing a lower outlook for operating rates and pricing for wood products and a “looming recession.” Staphos cut his rating to neutral from overweight, and lowered […]

Sep 20
NZDUSD Analysis – 20 September, 2022

• NZDUSD broke round support level 0.6000 • Likely to fall to support level 0.5800 NZDUSD currency pair recently broke below the round support level 0.6000 (which stopped the earlier minor impulse wave (i) at the start of this month). The breakout of the support level 0.6000 accelerated the active impulse waves 3 and (iii) […]