Latest Market News
Shares of New York City REIT Inc. NYC, -2.67% slid 1.7% in afternoon trading Friday, after the real estate investment trust that owns a portfolio of commercial real estate in New York, said it was “temporarily suspending” its dividend to help fund upfront costs of leasing commitments and tenant improvements. The REIT last paid a […]
Type: Bearish MomentumKey Levels:Resistance: 12229.00Pivot: 11754.00Support: 11081.00Preferred Case:On the H4, with price moving in a descending trendline and moving below the ichimoku cloud , we have a bearish bias that price will drop from the pivot at 11754.00 in line with the overlap resistance and 38.2% fibonacci retracement to the 1st support at 11081.00 at […]
Sintra Signing Out With the ECB’s annual Sintra Forum having come to a close, it’s worth doing a roundup as we heard quite a lot of key information that traders should consider. Fed chairman Powell, ECB head Lagarde and BOE governor Bailey each gave their key insights into their respective domestic economies and the global […]
The market cap of Bitcoin (BTC) dropped another 33% in June, which is now beginning to numb the Twitter community. On the upside, many crypto traders who wanted out did so fairly aggressively from March to May. But, the less optimistic news is that the stagnancy in address activity may need to change for prices […]
Oil futures climbed on Friday, with U.S. prices up about 0.8% for the week. “Low investment in oil discovery and the shutdown of refineries during the pandemic-induced recession of 2020 have led to a supply crunch,” said Lukman Otunuga, manager, market analysis, at FXTM. “The geopolitical developments concerning Ukraine-Russia poured fuel to the fire,” he […]
Discussion of the state of the crypto market has been a dominant headline over the past few weeks as non-crypto native media excoriate Bitcoin (BTC) and DeFi investors for investing in assets with no fundamental value. At the same time, crypto-savvy analysts and traders have been pouring over charts, looking for clues that signal when the […]