A harsh series of weekend sanctions has markets in retreat around the world Monday, with ruble plunging to an all-time low against the U.S. dollar. U.S. equity futures slumped lower Monday, while oil prices tested Read more…
Prizes, sweepstakes, and lotteries, along with business and job opportunities are the most common bait used to rip off consumers, especially older consumers. Here’s a staggering number: reported fraud losses in the U.S. in 2021 Read more…
Crude is sharply down in the 4-hour chart after reaching 100 level for the 5th wave, so smells like a temporary top and we will now have to be aware now of a bigger, higher Read more…
The Euro opened with gap-lower on Monday as geopolitical tensions escalated after Russia put its fast response forces, including nuclear, on highest alert over the weekend. Although the pair bounced after dipping to 1.1125 after Read more…
The euro remains under pressure and was down close to 1% earlier in the day. EUR/USD has recovered and is currently trading at 1.1215, down 0.50%. There are no tier-1 events on today’s economic calendar. Read more…
BP Plc said Sunday it will take a $25 billion hit in exiting its 19.75% stake in state-backed oil giant Rosneft. BP Plc (BP) – Get BP Plc Report shares slumped lower in pre-market trading Monday Read more…
Stock futures slump as Russia extends Ukraine invasion, west doubles-down on sanctions; Week Ahead: earnings season closes, jobs report in focus; Bp dumps Rosneft stake in $25 billion Russia exit; Warren Buffett posts record earnings Read more…
The Dax 40 rebounds as traders bet that sanctions against Russia may not reach their full extent. The index saw solid bids near its 12-month lows (13800). The RSI’s repeated oversold indication has led short-term Read more…
The sterling recoups some losses as sentiment stabilizes after the initial fear-driven sell-off. A clean cut through the daily support at 1.3360 has triggered a wave of liquidation. Sentiment remains downbeat despite the recent rebound. Read more…
Gold price started a major increase above the $1,900 resistance against the US Dollar. The price broke the $1,950 resistance level, but it struggled to clear the $1,975 zone. The price started a fresh decline Read more…