News

May 17
Home builders index drops to 69 in May from 77 and hits nearly 2-year low

Higher mortgage rates, soaring building costs and rising home prices drove the NAHB Home Builders Index to a nearly two-year low of 69 in May from 77 in the prior month, the National Association of Home Builders said Tuesday. The NAHB/Wells Fargo index was forecast to total 75. The big drop in the index points […]

May 17
US agencies warn against the influx of North Koreans in IT and crypto jobs online

The public advisory warned private firms to do their due diligence before hiring freelance workers, as North Koreans often use illicit tactics and stolen identities to hide their nationality. 775 Total views 44 Total shares The United States Department of Justice, State and the Treasury issued a joint advisery warning against the influx of North […]

May 17
The Pound rebounded from the bottom. Overview for 17.05.2022

GBPUSD is successfully moving away from its lows.  The Pound sterling continues recovering against the USD on Tuesday. The current quote for the instrument is 1.2458. A short pause in the USD rally allows other traded currencies to reach stability or even recover a little bit. However, nothing really changes strategically. Earlier today, the United […]

May 17
The Euro is recovering a little bit. Overview for 17.05.2022

EURUSD is slowly moving away from the lows. However, the asset is still rather weak.  The major currency pair managed to move away from the lows on Tuesday. The current quote for the instrument is 1.0477. The European Commission worsened the Euro Area GDP expectations for 2022. The updated forecast implies 2.7% q/q against the […]

May 17
Paramount Global and Citi surge after Berkshire Hathaway discloses new stakes

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

May 17
BitMEX launches spot crypto exchange following $30M penalty

Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now. 588 Total views 7 Total shares Global crypto derivatives exchange BitMEX is expanding its platform beyond just derivatives by finally launching a spot crypto trading platform. BitMEX officially announced on May 17 […]