Stock

Market Update – March 3 – Cautious ahead of Powell and OPEC

Trading was consolidative and quiet Tuesday as the markets took stock of recent activity. A lack of fresh catalysts also limited action. There was some jostling in stocks late after Texas announce it is opening up the state economy 100% and removing the mask mandate. […]

Several Stocks to Buy in a Bull Market

Several Stocks to Buy in a Bull Market There are hundreds of interesting stocks and it is not easy to choose the best stocks. In spite of a recent pullback in equities, the stocks have the opportunity to thrive under the Biden administration. As a […]

Inner Mongolia banned Crypto Mining

Crypto Mining Farms in China and Local Authorities Crypto mining gained popularity in many parts of the world. However, it consumes a lot of electricity. It is worth mentioning that, authorities of the Chinese autonomous region of Inner Mongolia proposed shutting down all local crypto […]

USOil and upcoming volatility

oil Later today and tomorrow evening we will have the API and EIA reports, while the day after that, on March 4, eyes will be on OPEC and its non-OPEC partners, known as the OPEC+ meeting. After touching the 13-month high at $63.67 on February […]

CAD remains and should remain capped

Canda’s GDP grew 9.6% in Q4 (q/q, saar), better than expected after the 40.6% bounce in Q3 (was 40.5%) that followed 38.5% plunge in Q2. A modest inventory accumulation in Q4 after the huge drawdowns in Q3 added to GDP in Q4. Government consumption, M&E […]

Crude oil fell as members boosted their long position

Crude oil fell as members boosted their long position Crude oil futures were slightly lower at Rs 4,592 as participants boosted their long positions, as seen by the open interest. On Multi Commodity Exchange, oil had advanced 7.12% last week. Rates stabilized after forecasts called […]

Stocks and Gold – Rebound or Dead Cat Bounce?

Stocks and Gold – Rebound or Dead Cat Bounce? None of Friday‘s intraday attempts to recapture 3,850 stuck, and the last hour‘s selling pressure is an ill omen. Especially since it was accompanied by high yield corporate bonds weakening. It‘s as if the markets only […]

Blockchain Sports Firm Chiliz and its Plans for the Future

Blockchain Sports Firm Chiliz and its Plans for the Future Companies around the world are working round the clock to expand their services. It is worth noting that, blockchain sports firm Chiliz is planning a $50 million expansion into the U.S. The blockchain sports firm […]

China will control financial risks caused by capital inflows

China will control financial risks caused by capital inflows China is contemplating different ways to manage capital inflows, which may cause turbulence in the domestic market. The authorities are very concerned about the financial risks caused by such movements on the markets. This is according […]

Stock Futures Fell and Stocks in Asia-Pacific Were Mixed

Stock Futures Fell and Stocks in Asia-Pacific Were Mixed U.S. stock futures declined on Tuesday. Interestingly, Dow Jones Futures, along with S&P 500 futures as well as Nasdaq 100 futures dropped on March 2, following Monday’s stock market surge. As a reminder, Tesla rebounded on […]