October is unfairly known for jinxes and crashes for the S&P 500. But shares of Microsoft (MSFT) and Apple (AAPL) show much of the fear of the tenth month of the year is overblown.Eight stocks in the S&P 500, including both those technology giants and consumer discre
Photo: Reuters The Bermuda government has awarded Bittrex Inc., a Seattle-based cryptocurrency exchange that lets users swap nearly 200 digital assets, a formal license under their Digital Assets Business Act of 2018 (DABA). Bittrex is in the process of opening a Bermuda office and intends to hire
British Pound Pulls BackGBP/USD is trying to settle below 1.2850 as the U.S. dollar is gaining some ground against a broad basket of currencies.The U.S. Dollar Index did not settle below the 50 EMA at 93.90 and is attempting to get back above the 94 level. If the U.S. Dollar Index heads to the
#EUR/USD# This chart shows a possible bounce off the Key Level. The global picture is bearish . Every next high is lower than previously. The potential profit will be 3 times bigger than the risk. Push like if you think this is a useful idea! Before to trade my ideas make your own
Pembeli EUR/JPY menyerang SMA 50-bar setelah memantul dari level terendah sejak 20 Juli.Resistensi horizontal jangka pendek, garis tren turun dari 10 September menambah hambatan sisi atas.Kondisi RSI yang normal mendukung pemulihan lebih lanjut tetapi kenaikkan dibatasi oleh penghalang sisi atas uta
Photo: Reuters The London Stock Exchange Group (LSEG) recently announced that it has secured a Chief Communications and Marketing Officer, with Brigitte Trafford joining the Group to take on the newly created role. In addition to taking on the new role, Trafford has also become a member of the LSE
The Organization of Petroleum Exporting Countries (OPEC) Secretary-General Mohammad Barkindo said, in remarks at the G20 Energy Ministers virtual meeting, the OECD commercial oil stocks could stay well above the five-year average in the third quarter of this year, courtesy of a potential market bala
ECB tensions resurface as pandemic second wave builds. European central bankers break unity in a familiar North-South divide over efforts to juice the economy. German suspicions that the PEPP could be...
EURUSD Breakdown from Nearly 2 Month Topping Pattern EURUSD turned down when it needed to and today’s drop completes the topping pattern that has been underway since late July. It’s not uncommon to...
UK car production declined sharply in August as ongoing coronavirus crisis stalled efforts to ramp up output, data from the Society of Motor Manufacturers and Traders, or SMMT, showed Friday. Output decreased 44.6 percent on a yearly basis in August. Just 51,039 units rolled off factory lines as the
EUR/USD's daily chart shows a head-and-shoulders bearish reversal pattern. Key indicators support the case for deeper declines. EUR/USD is currently trading below 1.17, having declined from 1.1773 to 1.1690 on Tuesday. Notably, the pair closed well below 1.1770 on Tuesday, confirming a head-and-
Photo: FM FairXchange, a company that specialises in financial markets data science, announced this Tuesday that it has launched a new functionality within its Horizon product – a Pricing Stack Analysis feature. According to the statement seen by Finance Magnates from FairXchange, the new feature
During late-Tuesday, The Guardian relied on the business and industry sources to convey UK Chancellor Rishi Sunak’s inclination to follow Germany while seeking replacement of the furlough scheme. Key quotes The sources said the Treasury had decided, at the eleventh hour, to delay an announcement ti