Latest Market News

Jan 10
Market Spotlight: GBPNZD Breakout Hits Target

Beware Correction RisksThe breakout trade in GBPNZD from 1.9690 has now hit its target at 2.0064. With the retail market still firmly short the pair and with both MACD and RSI bullish, there is room for a continuation higher here. However, given the recent move and the current stalling at the resistance area marked, some […]

Jan 10
Precious Metals Monday 10-01-2022

Metals Higher Following Mixed US Labour ReportIt’s been a quiet start to the week for metals markets though both gold and silver are trading in the green over the European session so far on Monday. Friday’s US jobs report failed to deliver the USD upside that many were anticipating, creating some room for metals to […]

Jan 10
CBDC wallet tops mobile app store charts in China

The pilot version of China’s official digital yuan wallet app has become the most downloaded app in local mobile app stores. 1717 Total views 44 Total shares The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in […]

Jan 10
Beyond Meat permanently added to Canadian Pizza Hut menus

Beyond Meat Inc. BYND, -3.09% said Monday that it will become a permanent menu item at Pizza Hut locations across Canada. Beyond Italian Sausage Crumbles will be included on Great Beyond Pizza, Beyond Italian Sausage Alfredo Loaded Flatbread and Beyond Creamy Alfredo. The companies conducted a test in Edmonton and Toronto last summer. Pizza Hut […]

Jan 10
Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

As the Bitcoin mining industry matures, it will seek stable political environments and stable energy sources. 5326 Total views 35 Total shares Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that caused a mining outage in Kazakhstan. The lawyer […]

Jan 10
Almost every Federal Reserve meeting in 2022 could be potentially `at play' for a potential rate hike, Deutsche Bank says

Federal Reserve policy makers have been “way behind the curve” since early last year in tightening policy, and there’s now the possibility that they might need to consider hiking interest rates at almost every meeting in 2022, according to Deutsche Bank researchers. Deutsche Bank’s economists expect four hikes in 2022, starting in March, which is […]