News

Aug 04
Tourists flock to El Salvador despite Bitcoin bear market

Tourism in El Salvador has soared in the first half of 2022. Up 82.8% just this year, there were 1.1 million visitors to El Salvador this year, according to government figures. That’s despite the price of Bitcoin (BTC) sinking almost 50% since Jan. 1.  Data from the World Travel Organization reinforces the claims. The tiny […]

Aug 04
U.S. stocks struggle for direction after unemployment claims climb

U.S. stocks were struggling for direction Thursday morning after unemployment claims data signaled a softening labor market. The Dow Jones Industrial Average DJIA, -0.20% was down 0.1% soon after the opening bell, while the S&P 500 SPX, -0.15% and Nasdaq Composite COMP, -0.17% were flipping between gains and losses, according to FactSet data, at last […]

Aug 04
Philippine SEC cautions the public not to invest with Binance

Infrawatch PH Convenor Terry Ridon said that the SEC’s response clarifies the government’s position on crypto platform operations. 675 Total views 24 Total shares The Philippine Securities and Exchanges Commission (SEC) cautioned the public not to invest in the crypto exchange Binance in their response to policy think tank Infrawatch PH’s attempts to woo the […]

Aug 04
Datadog tops earnings expectations, but stock falls with guidance seen as conservative

Shares of Datadog Inc. DDOG, +5.69% were falling more than 9% in premarket trading Thursday after the cloud-monitoring company beat expectations with its second-quarter results but delivered a third-quarter revenue outlook that fell just shy of the FactSet consensus at the midpoint. The company recorded a net loss of $4.88 million, or 2 cents a […]

Aug 04
The Aussie intends to rise. Overview for 04.08.2022

AUDUSD is rising after a major plunge this week.  The Australian Dollar is strengthening against the USD on Thursday. The current quote for the instrument is 0.6985. The Reserve Bank of Australian had another meeting this week where it raised the benchmark interest rate by 50 basis points, from 1.35% to 1.85%. The rate hike […]

Aug 04
EURUSD is trying to grow. Overview for 04.08.2022

EURUSD is recovering after plunging the day before.  The major currency pair reached stability after yesterday’s decline. The current quote for the instrument is 1.0188. The Markit Services PMI in the US showed 47.3 points in July against the expected reading of 47.0 points. No matter what, the indicator remains below the psychologically important level […]