There are 148 stocks in the S&P 500 SPX, -2.84% that have hit fresh 52-week lows as of midday trading Monday, or 29.4% of the benchmark large-capitalization company tracker’s components. That percentage is higher than for the S&P Mid Cap 400, of which 96 stocks, or 24.0% of its components hit 52-week lows; and for […]
The Financial and Consumer Services Commission (FCNB) is reminding those making large consumer purchases to avoid feeling pressured into signing financing contracts they haven’t had the time to review or understand. “Increased inflation has led to rising prices for day-to-day products, such as food, gas and household goods,” said Alaina Nicholson, FCNB’s director of consumer […]
Topics Expertise from the subject matter experts at New Brunswick’s Financial and Consumer Services Commission. Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry […]
The US dollar strengthens early Monday; retail sales and the FOMC’s focus of the week on Wednesday The US dollar rose against its major trading partners early Monday, as markets prepared for a busy week that included the release of May retail sales Wednesday morning and the Federal Open Market Committee announcement Wednesday afternoon. The […]
Fighting climate change in Pakistan has become an urgent issue as the country grapples with the fallout from the fuel and electricity crises that plunged the country into darkness last week. The Minister of Finance, Miftah Ismail, announced the allocation of part of the country’s budget for the next fiscal year (2022-2023) to combat climate […]
Type: Bearish MomentumKey Levels:Resistance: 84.40Pivot: 80.73Support: 76.83Preferred Case:on the H4, with price moving in a descending trend channel and moving below the ichimoku cloud , we have a bearish bias that price will drop from the pivot at 80.73 in line with the 78.6% fibonacci projection and swing high to the 1st support at 76.83 […]