Latest Market News
Equities Under Pressure As USD ReboundsBenchmark global equities indices are back under pressure this week as the rebound in the US Dollar weighs on asset prices. The current USD drive looks to be linked to comments made yesterday by Fed’s Bullard who noted that the current pace of inflation would likely warrant higher interest rate […]
A holy oath was taken to try to ensure the region’s power grid would work at its most efficient level, as crypto miners are blamed for drawing off too much juice. 2688 Total views 35 Total shares Residents of Svaneti, Georgia, have reportedly been made to pledge a holy oath they will not mine cryptocurrency […]
The Russell 2000 is taking the brunt of the broader market’s selloff, as the small-capitalization companies tracker is sinking 2.4% to put it on track for the lowest close since Jan. 29, 2021. The index has tumbled 13.6% since it closed at a record 2,442.74 a little over two months ago (Nov. 8). The selloff […]
Consumers will be able to leverage their BTC holdings and digital assets to purchase real estate in the U.S. 1175 Total views 8 Total shares Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real […]
Despite the broad, sharp selloffs in the Big 3 stock market indexes, market internals suggest there is no panic in the selling, and there may even be signs that investors are looking to buy on the dip. The NYSE Arms Index, a volume-weighted breadth measure that tends to rise above 1.000 during market selloffs and […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hanging Man reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.1370. However, an alternative scenario […]