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Month: February 2022

Cryptocurrencies

Disney and Universal Change Major Covid Rule, Tease New Rides

Pandemic rules have been ever-changing but that has not stopped the theme parks from developing new rides and attractions. Walt Disney’s (DIS) – Get Walt Disney Company Report Disney World and Comcast’s (CMCSA) – Get Read more…

By , 4 years ago February 16, 2022
Cryptocurrencies

Walmart’s Crypto Plans Might Be ‘Misguided’, Analyst Says

While Walmart’s move into the metaverse may be good news, one analyst has reservations about the retail giant’s cryptocurrency plans. Attention Walmart  (WMT) – Get Walmart Inc. Report shoppers: the company is looking to clean up Read more…

By , 4 years ago February 16, 2022
digital

Apple’s Severance turns office life into purgatory

True work-life balance can be as hard to achieve as inbox zero. It’s so challenging, in fact, that the characters in Severance go to a particular extreme to reach it: brain surgery. The show, which Read more…

By , 4 years ago February 16, 2022
Cryptocurrencies

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.2687; (P) 1.2730; (R1) 1.2760; More… USD/CAD dips mildly today but stays in range of 1.2634/2795 and intraday bias remains neutral. Further rally is mildly in favor with 1.2634 support intact. On Read more…

By , 4 years ago February 16, 2022
Cryptocurrencies

Canadian Dollar Popped Up by CPI, Sentiment Turns Cautious Again

Overall market sentiment is slightly weaker entering into US session. While Russia showed videos of tanks leaving Crimea, NATO questioned de-escalation and said troop buildup was still going on. There is little reaction to much Read more…

By , 4 years ago February 16, 2022
Cryptocurrencies

Is a Crypto Bubble Hiding in Plain Sight?

A financial bubble is considered to be a situation in which asset prices are much higher than the underlying fundamentals can reasonably justify. Bubble is a term that has been thrown around loosely in the Read more…

By , 4 years ago February 16, 2022
Cryptocurrencies

US retail sales rose 3.8% mom in Jan, ex-auto sales up 3.3% mom

US retail sales rose 3.8% mom to USD 649.8B in January above expectation of 1.8% mom. Ex-auto sales rose 3.3% mom, above expectation of 1.0% mom. Ex-gasoline sales rose 4.2% mom. Ex-auto, ex-gasoline sales rose Read more…

By , 4 years ago February 16, 2022
Cryptocurrencies

Canada CPI jumped to 5.1% yoy in Jan, highest since 1991

Canada CPI jumped from 4.8% yoy to 5.1% yoy in January, above expectation of 4.8% yoy. Also, inflation surpassed 5% for the first time since September 1991. On monthly basis, CPI rose 0.9% mom, above Read more…

By , 4 years ago February 16, 2022
Cryptocurrencies

Retail Sales Soar In January Amid Car Demand, Inflation Surge; December Revised Lower

Surging inflation lifted the dollar amount of January retail sales, while car and auto parts demand helped the headline figure to its biggest jump in ten months. U.S. retail sales soared higher last month, data Read more…

By , 4 years ago February 16, 2022
Cryptocurrencies

BTCUSD Restores Bullish Momentum; Eyes 45,000

BTCUSD (Bitcoin) pivoted nicely near the 41,474 support region on Tuesday, signaling that the rebound off the 32,950 low and, more recently, the bullish trendline breakout has further to go. The base overlaps with the Read more…

By , 4 years ago February 16, 2022

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