Latest Market News
BOC Hikes And Signals More To ComeThe Canadian Dollar has seen fresh demand today following yesterday’s April BOC meeting. BOC governor Tiff Macklem announced a .5% hike, as expected, marking the bank’s largest rate hike in 20 years. While the move was well-anticipated by markets, CAD seems to have avoided the fate of NZD following […]
Oil Traders Continue to Reduce Longs The latest CFTC COT institutional positioning report shows that oil traders continued to reduce their net-long positions last week. Upside exposure has been steadily paired back for over a month now. Despite the ongoing reductions in long positions, oil prices have seen better demand this week with crude rallying […]
MicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor. 5896 Total views 87 Total shares MicroStrategy CEO Michael Saylor has proclaimed to shareholders of his company that his firm intends to “vigorously pursue” its reserve assets strategy […]
The daily average for new COVID-19 cases have climbed to a five-week high, with the East Coast mostly driving the increases and as the BA.2 subvariant continues to spread, but hospitalizations are still falling to the lowest levels seen since during the pandemic. The seven-day average of new cases rose to 36,830 on Thursday, the […]
After launching a museum district with a long list of top NFTs, punk6529 bullishly told their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.” 1449 Total views 30 Total shares Popular NFT collector “punk6529” today unveiled an ambitious open Metaverse project that is looking to attract […]
Oil futures traded near Thursday’s highs, with global benchmark prices turning higher, after the New York Times reported that European Union officials are drafting a measure to embargo Russian oil products. The EU has been reluctant to issue a ban on Russian oil given that some of its members are highly dependent on those imports. […]