Latest Market News
Despite relatively upbeat NFP report, the dollar was down on Friday. This is somewhat surprising as the odds of a Fed rate hike in March rose after the report. If before the report, the chances were 66%, then on Monday they rose to 70%:Currently the markets price in three rate hikes in 2021. It is […]
NZDCAD Looking To Break LowerNZDCAD has been moving in a broad bearish channel over the last year and price is now threatening to take another leg lower. NZD has been among the currencies hardest hit by the recent fall-back in risk appetite. Hawkish Fed expectations, fuelled by the December FOMC minutes last week, have spooked […]
Torrid Holdings Inc. CURV, -16.87% shares sank 9.5% in Monday premarket trading after the plus-size women’s fashion retailer issued a sales warning for the fourth quarter. The company now expects sales in the range of $300 million to $305 million, down from previous guidance of $325 million to $335 million. The FactSet consensus is for […]
Shares of Ocugen Inc. OCGN, -1.69% were up 8.1% in premarket trading on Monday, two days after a preprint came out Friday outlining Phase 2 clinical trial results for a COVID-19 booster dose being developed by Bharat Biotech, a privately held biotech based in Hyderabad. A preprint is a type of preliminary medical research that […]
Exactly one year ago, on Jan. 9, 2021, Cointelegraph launched its subscription-based data intelligence service, Markets Pro. On that day, Bitcoin (BTC) was trading at around $40,200, and today’s price of $41,800 marks a year-to-year increase of 4%. An automated testing strategy based on Markets Pro’s key indicator, the VORTECS™ Score, yielded a 20,573% return […]
The FSMA is setting up a procedure for the authorization of statutory auditors who intend to carry out an audit mandate at undertakings for collective investment, management companies of undertakings for collective investment, regulated real estate companies and institutions for occupational retirement provision. Applications must be submitted in writing, by 1 September 2021 at the […]