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Coca-Cola Co. KO, -0.07% said Wednesday that it will use a limited number of self-driving vehicles to deliver its latest launches to customers in Chicago, Los Angeles and New York. Starting today, customers can go to a special website to sign up for a delivery of the new items in less than an hour, while […]

EURUSD had one of the worst trading sessions in recent times. The major currency pair dropped yesterday and remains rather weak today. the current quote for the instrument is 1.1340. The “greenback” is still supported by the US 10-year bond yield, which continues increasing, and the global stock market decline. At the same time, the […]

After a recent drawdown, GBPUSD is consolidating; the Pound badly needs support.  The British Pound stopped its decline against the USD in favour of consolidation. The current quote for the instrument is 1.3611. The factor that supported the Pound earlier, expectations of a possible rate hike soon by the Bank of England, is no longer […]

Aussie Employment Data In Focus TonightLooking ahead to tonight’s Asian session (Weds/Thurs overnight), the key data releases to note are the Australian unemployment rate and employment change numbers. Given the firm trajectory in the labour market rebound, the market is looking for the unemployment rate to fall lower again to 4.5% from the prior 4.6%.With […]

CAD CPI In FocusToday’s Canadian CPI print will be the key data focus for the US session. CAD has been one of the strongest performers of 2022 in light of the uptick in oil prices and hawkish BOC expectations. With that in mind, today’s data has the potential to further accelerate the rally, or hit […]

European regulators are concerned about crypto’s risks to climate change goals. 4644 Total views 31 Total shares Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of renewable energy for Bitcoin mining. In a recent interview with the Financial Times, Thedéen said that Bitcoin (BTC) mining has become […]