Latest Market News
Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India’s digital economy. 4231 Total views 76 Total shares In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022–23 as a means to boost […]
The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 1.6 million barrels for the week ended Jan. 28, according to sources. The API, however, also reportedly showed a weekly inventory climb of 5.8 million barrels for gasoline, while distillate supplies decline by 2.5 million barrels. Crude stocks at the Cushing, Okla., […]
EURUSD, “Euro vs US Dollar” Having completed the ascending wave at 1.1180 along with the correction towards 1.1144. EURUSD is growing with the short-term target at 1.1300. Later, the market may start a new correction to reach 1.1222 and then form one more ascending structure with the target at 1.1320. GBPUSD, “Great Britain Pound vs […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1241; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.1275 and then resume moving downwards to reach 1.1040. Another signal in favour of a further downtrend will be […]
Today, Tuesday, the American Exxon Mobil Corporation announced its profits in the fourth quarter of 2021, reaching 8.87 billion dollars, the largest in 7 years, which led to a rise in profits for the whole year to 23 billion dollars. ExxonMobil’s earnings were driven by higher energy prices over the past period, which was reflected […]
• Boeing reversed from powerful support level 186.70 • Likely to rise to resistance level 210.00 Boeing recently reversed up with the daily Morning Star from the support zone set between the powerful support level 186.70 (which has been reversing the price from November) and the lower daily Bollinger Band. The upward reversal from this […]