Latest Market News

Apr 11
Cocoa Futures ( CCK2022 ), H1 Potential For Bearish Dip

Type: Bearish DipKey Levels:Resistance: 2748Pivot: 2697Support: 2596Preferred Case:We see the potential for a bearish dip from our pivot at 2697 in line with 78.6% Fibonacci projection and 138.2% Fibonacci extension towards our 1st support at 2596 in line with 61.8% Fibonacci projection and 61.8% Fibonacci retracement. Our bearish bias is supported by price trading below […]

Apr 11
Oil futures settle lower, with Brent under $100 a barrel

Oil futures fell on Monday, with global Brent prices settling under $100 a barrel for the first time since mid-March. Expectations for a decline in energy demand amid COVID-19 related shutdowns in China pressured prices, analysts said. West Texas Intermediate crude for May delivery CLK22, -3.65% fell $3.97, or 4%, to settle at $94.29 a […]

Apr 11
Veru’s stock nearly triples after oral COVID-19 treatment leads to ‘statistically meaningful’ reduction in deaths

Shares of Veru Inc. VERU, +168.97% rocketed 175% toward a 13-month high in afternoon trading Monday, after biopharmaceutical company announced positive results from its Phase 3 trial of its oral COVID-19 treatment. Trading volume spiked up to 264.2 million shares, compared with the full-day average of about 629,400 shares, and enough to make the stock […]

Apr 11
Wellington Management Group LLP: BaFin imposes administrative fine

On 31 March 2022, BaFin imposed an administrative fine amounting to 165,000 euros on Wellington Management Group LLP. The sanction related to a breach of section 130 (1) of the German Act on Breaches of Administrative Regulations (Ordnungswidrigkeitengesetz – OWiG) in conjunction with section 33 (1) of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). […]

Apr 11
Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop

SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish. 6099 Total views 50 Total shares Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent nonfungible […]

Apr 11
Biden tests negative for COVID again, White House says

President Joe Biden has tested negative again for COVID-19, the White House said Monday. That result comes as a number of officials in Washington, D.C., have tested positive for COVID in recent days, raising concerns at a time when the Biden administration’s narrative is that the pandemic is under control. The daily averages for new […]