Latest Market News

Jul 12
AUDCAD Wave Analysis – 12 July, 2022

• AUDCAD reversed from key support level 0.8750 • Likely to rise to resistance level 0.8900 AUDCAD currency pair recently reversed up from the key support level 0.8750 (low of the previous minor impulse wave (i) from the end of last month), intersecting with the lower daily Bollinger Band. The upward reversal from the support […]

Jul 12
USDCAD Wave Analysis – 12 July, 2022

• USDCAD reversed from resistance level 1.3055 • Likely to fall to support level 1.2950 USDCAD currency pair recently reversed down from the pivotal resistance level 1.3055 (which has been repeatedly reversing the pair from the start of May, as can be seen below). The resistance area near the resistance level 1.3055 was strengthened by […]

Jul 12
US trademark and copyright offices to study IP impact of NFTs

The U.S. Patent and Trademark, and Copyright offices will explore the impact of NFTs on intellectual property rights as lawsuits begin to stack up. 1054 Total views 36 Total shares As nonfungible tokens (NFTs) continue to garner interest, the United States Patent and Trademark Office and U.S. Copyright Office are set to launch a study […]

Jul 12
API data reportedly show weekly increases for U.S. crude, gasoline and distillate supplies

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 4.8 million barrels for the week ended July 8, according to sources. The API data also reportedly showed weekly inventory increases of 2.9 million barrels for gasoline and 3.3 million barrels for distillates. Oil stocks at the Cushing, Okla., delivery hub were […]

Jul 12
Korean fintech giant plans to create 10K Web3 jobs amid bear market

Dunamu would open offices in major cities and create about 500 new startups focused on NFTs and the Metaverse. 915 Total views 31 Total shares Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to […]

Jul 12
Rivian planning workforce reductions, hiring halts: WSJ

Rivian Automotive Inc. is readying a cost-cutting plan that includes workforce reductions and halting nonmanufacturing hiring, The Wall Street Journal reported Tuesday. The publication cited an internal letter from Chief Executive RJ Scaringe. Rivian did not immediately return a request for comment. On Monday, Bloomberg, citing people familiar with the matter, reported that the EV […]