News
Walmart Inc. WMT, +0.24% said Wednesday that it has expanded the Spanish language search capabilities on its e-commerce site. As shoppers made the shift to e-commerce during the pandemic, the retail giant noticed a jump in the number of Spanish inquiries on its website, say Rini Joshi and Amit Vasant Bande, Walmart’s senior manager and […]
Type: Bearish Momentum Key Levels:Resistance: 0.0073705Pivot: 0.0073385Support: 0.0072935 Preferred Case:On the H4, with price moving below the ichimoku cloud and along the descending trendline, we have a bearish bias that price will rise and drop from the pivot at 0.0073385 in line with the pullback resistance to the 1st support at 0.0072935 where the swing […]
Type: Bullish Rise Key Levels:Resistance: 12200.5Pivot: 11719.50Support: 11394.5 Preferred Case:On the H4, with price bouncing off the ichimoku cloud and moving in an ascending trendline on the RSI, we have a bullish bias that price will rise from the pivot at 11719.50 in line with the pullback support and 61.8% fibonacci projection. Once we have […]
The native token for the embattled crypto brokerage Voyager Digital has skyrocketed in what seems to be a new effort to inflate its price seemingly inspired by the recent “CEL short squeeze.” On Wednesday, Voyager’s VGX token surged 178% to hit an intraday high of $0.891 before falling back to around $0.559, according to CoinGecko. […]
Traders of federal funds futures rapidly readjusted their expectations for the size of the Federal Reserve’s anticipated next rate hike on July 27, by boosting the likelihood of a 100-basis-point hike to 67% after Wednesday’s hotter-than-expected June reading of the consumer price index. That’s up from 7.6% on Tuesday, according to the CME FedWatch Tool, […]
Central Bank Economic Letter finds that recurrent property taxes can, over time, help to mitigate downside risks to house prices. Such taxes may also provide a stable source of revenue for government, as they are less likely to be affected by the economic cycle. Revenue from recurrent property taxes, as a proportion of national income, […]