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Month: March 2022

Cryptocurrencies

US ADP jobs grew 475k in Feb, hiring remains robust but capped up labor supply

US ADP private employment grew 475k in February, above expectation of 320k. By company size, small businesses lost -96k jobs, medium added 18k while large businesses added 522k. By sector goods-producing jobs rose 57k and Read more…

By , 3 years ago March 2, 2022
digital

Netflix acquires another developer to build ‘world class games’

Next Games is a developer based in Finland. | Image: Netflix Netflix has made an offer to acquire Next Games, the Finland-based developer behind mobile puzzle RPG Stranger Things: Puzzle Tales. In a blog post, Read more…

By , 3 years ago March 2, 2022
Cryptocurrencies

GBP/USD Outlook: Remains in Negative Mode and Cracks 1.33 Fibo Support

Cable probed below 1.33 mark and cracked 2022 low (1.3272) posted on Feb 24 when war in Ukraine started but failed to sustain break and holding above pivotal 1.33 level (Fibo 76.4% of 1.3161/1.3748) so Read more…

By , 3 years ago March 2, 2022
Cryptocurrencies

What Is a Breakout? Definition and Example

Short-term volatility provides opportunities for a stock’s breakout. Canva What Is a Breakout? A breakout is part of technical analysis that allows investors and analysts to determine whether a security’s price will move higher or Read more…

By , 3 years ago March 2, 2022
Cryptocurrencies

Stock Market Today – 3/2: Stocks Rise as Russia-Ukraine Conflict Intensifies, Oil Surges

Futures rise following Tuesday’s steep slump as oil prices surged past 10-year highs amid the intensifying conflict between Russia and Ukraine. Stock futures rose Wednesday, suggesting a recovery in U.S. equity prices at the open Read more…

By , 3 years ago March 2, 2022
Cryptocurrencies

ECB de Guindos: Global financial exposure to Russia somewhat limited

European Central Bank (ECB) Vice President Luis de Guindos said, “invasion of Ukraine by Russia will have an impact on the economy in the eurozone, will also have an impact on inflation.” “Global financial exposure Read more…

By , 3 years ago March 2, 2022
Cryptocurrencies

Eurozone CPI rose to new record 5.8% yoy in Feb

Eurozone CPI accelerated from 5.1% yoy to 5.8% yoy in February, well above expectation of 5.3% yoy. That’s also a new record high. Core CPI also rose from 2.3% yoy to 2.7% yoy, above expectation Read more…

By , 3 years ago March 2, 2022
Cryptocurrencies

EUR/USD Slides to a New Low: Elliott Wave Analysis

US stocks were stable yesterday while equities in Europe came down as the situation in Ukraine is not better. However, negotiations between Russia and Ukraine will reportedly still take place soon. So there can be Read more…

By , 3 years ago March 2, 2022
Cryptocurrencies

Slumping Euro Drops Below 1.11

The euro has fallen for three straight days and continues to lose ground on Wednesday. EUR/USD has dropped below the 1.11 line for the first time since May 2020, at the height of the first Read more…

By , 3 years ago March 2, 2022
Cryptocurrencies

War, Surging Oil, Powell, SoFi and Baseball – Five Things You Must Know

Stock futures rise as oil surges past $110 a barrel; Jerome Powell heads to the Capitol; SoFi stock jumps one earnings beat; and Major League Baseball is canceled, for now. Here are five things you Read more…

By , 3 years ago March 2, 2022

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