Predicting oil prices is a difficult job at the best of times. Still, it is increasingly difficult as COVID-19 and its variants continue to suspend consumers’ plans and disrupt the balance between oil demand and Read more…
As mentioned earlier, there hasn’t been any relief for technology stocks or cryptocurrencies at the start of the new week. But at the time of writing, Bitcoin was sharply of its earlier low after dipping Read more…
Key Highlights GBP/USD extended increase above the 1.3550 resistance zone. A major bullish trend line is forming with support near 1.3525 on the 4-hours chart. EUR/USD failed to continue above 1.1380 and corrected lower. Crude Read more…
Last Friday, US Non-Farm Payrolls underwhelmed markets with a print of +199,000 vs an expectation of +400,000. However, the Unemployment Rate fell to 3.9% from 4.1% and Average Hourly Earnings increased by 0.6% MoM vs Read more…
On Wednesday, the US will release the December Consumer Price Index (CPI). The headline print is expected to be the highest in 40 years at 7.0% YoY (some forecasts are higher) vs a 6.8% YoY Read more…
NFL free agent Dez Bryant is launching a series of NFTs that reflect players’ real-time sports stats. National Football League star Dez Bryant is joining a growing list of famous names to tap into the Read more…
Electric truck maker meets lowered production forecast Electric vehicle maker Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report said Monday its chief operating officer, Rod Copes, has left the company. Separately it reported production figures Read more…
The marijuana retailer has a deal to buy Next Green Wave, a cultivation and production company. Planet 13 (PLNHF) has a methodical plan to bring its Superstore model around the country. The cannabis retailer has Read more…
Tilray shares were affirmed outperform at Cowen, which said profitability benefited as the cannabis company was ahead of schedule on cost-cutting. Tilray (TLRY) – Get Tilray, Inc. Report shares were affirmed outperform at Cowen, which said Read more…
A diverse portfolio can help minimize losses during times of volatility and financial uncertainty. Simone Hutsch via Unsplash; Canva What Is Diversification in Investing? In finance and investing, diversification is a popular term for mitigating Read more…