Fitch downgraded Russia’s long-term foreign currency debt to “C”. Increased sanctions could lead to non-payment, Fitch said. When it comes to the economic and financial impact of the Russia-Ukraine war, most of the discussion in Read more…
Ark also acquired shares of a healthcare-clinic chain and an electric air-taxi company. Ark sold shares of a lender. Investment star Cathie Wood, chief executive of Ark Investment Management, on Tuesday had focused some of Read more…
Yellen says Biden’s order ‘calls for a coordinated and comprehensive approach to digital asset policy.’ Treasury Secretary Janet Yellen on Wednesday praised President Joe Biden’s “historic” executive order on cryptocurrency. Among other things, Biden’s order Read more…
The cryptocurrency market has lost more than $1.1 trillion in value since November, but you’d hardly know by listening to its staunch supporters. The best defense is attack, said Napoleon Bonaparte. When a fighter is under Read more…
The war in Ukraine has added a big supply shock to a global economy where supply had not yet fully recovered from the previous supply shock related to the pandemic. On top of reduced labour Read more…
Markets What a difference a day makes. Yesterday, the US announcing a ban on the import of fossil energy from Russia still caused some caution on US equity markets. Today, investors apparently concluded that this Read more…
CHFJPY reversed from support area Likely to rise to resistance level 125.70 CHFJPY currency pair recently reversed up from the support area located between the key support level 124.00 (which has been reversing the price Read more…
Dow Jones reversed from support area Likely to rise to resistance level 34000.00 Dow Jones index recently reversed up from the support zone set between the strong support level 32325.00 (which has been reversing the Read more…
The euro has posted sharp gains and punched above the symbolic 1.10 level. In the North American session, EUR/USD is trading at 1.1031, up 1.24% on the day. We continue to see significant volatility in the Read more…
Spot gold was down around 2.5% on Wednesday, as fresh wave of optimism on de-escalating conflict in Ukraine hit the markets and sparked demand for riskier assets, pushing the safe-haven metal in defensive. Pullback from Read more…