News

Nov 01
U.S. stocks open higher amid declining Treasury yields as Fed kicks off policy meeting

U.S. stocks opened higher amid a drop in Treasury yields as the Federal Reserve kicks off its two-day policy meeting. The Dow Jones Industrial Average DJIA, -0.33% was up 0.6% soon after the opening bell, while the S&P 500 index SPX, -0.41% rose around 1% and the tech-heavy Nasdaq Composite COMP, -0.75% gained 1.5%, according […]

Nov 01
Oil-price gains intensify on report of potential Iranian attack on Saudi Arabia

Oil futures climbed toward session highs on Tuesday after The Wall Street Journal reported that Saudi Arabia shared intelligence with the U.S. warning of a possible Iranian attack on targets in the kingdom. In response to the warning, Saudi Arabia, the U.S. and several other neighboring states raised alert levels for their military forces, the […]

Nov 01
Dentsply Sirona completes internal probe of accounting; to restate Q3 and full-year 2021 earnings and book up to $1.3 billion goodwill charge

Dentsply Sirona Inc. XRAY, -0.10%, a maker of dental products and technology, said Tuesday it has completed an internal probe of financial reporting involving former and current executives and said it would restate third-quarter and full-year 2021 earnings. The probe looked at allegations of “channel stuffing”, a deceptive practice used to inflate sales and earnings […]

Nov 01
Technical analysis for November 2022

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of growth to 1.0080 and a minimal correction to 0.9890. At the moment, the market is forming a consolidation range above this level. An escape downwards and extension of the range to 0.9800 are not excluded. Next, we expect a structure of growth […]

Nov 01
Forex Technical Analysis & Forecast 01.11.2022

EURUSD, “Euro vs US Dollar” The pair completed correction to 0.9880. Today a wave of growth to 0.9988 might start. After this level is reached, a link of decline to 0.9930 is expected. Practically, a consolidation range is forming between these levels. With an escape upwards, a pathway to 1.0150 will open. GBPUSD, “Great Britain […]

Nov 01
Chinese central bank exec says digital yuan will offer ‘controllable anonymity’

China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume. 2456 Total views 16 Total shares Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called […]