FORD (F) Is Entering in a Double Correction And Needs More Downside American Multinational Automobile Manufacturer Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. Founded by Henry Ford and incorporated on June 16, 1903, the company sells automobiles and commercial vehicles under the Ford brand, and luxury cars…
Exploring the Impact of MAS Clarification on FTX Users Introduction The Monetary Authority of Singapore (MAS) has clarified that it was not possible for the central bank to protect local users of the services of the beleaguered cryptocurrency exchange, FTX, as the business was not licensed to provide virtual asset services in the country. “A…
Market Madness: A Rollercoaster Ride What’s Happening with the US Stock Market? The major US major indices are mixed to start the US trading day (and week). A snapshot shows: Dow is up 45.47 points or 0.13% at 33791.17 S&P is down -13.10 points or -0.33% at 3952.23 Nasdaq is down -66.32 points or -0.60%…
Market Analysis: USD Breaking to the Upside The USD is breaking to the upside today with the greenback benefitting from risk aversion as investors are increasingly concerned about a China slowdown due to the recent Covid surge. Technically, the USD is moving through key technical levels. The EURUSD fell below the 200 hour MA on…
Get Ready for a Short Trading Week! Beijing’s Covid Control Situation The Tide is Turning As we approach the end of the year, many traders are gearing up for a short trading week. With the holiday season fast approaching, markets will be closed for Thanksgiving, making it a three-day trading week for many. This means…
Unlocking the Dollar’s Future: The Top Risk Events to Watch Out for in 2022 The Impact of Dollar Sentiment on Market Sentiment In the world of finance, the value of the US dollar is closely tied to broader market sentiment, especially when it comes to risk. As we approach the end of the year, all…
Welcome to the Daily Market Commentary! European Shares Open Mixed Good morning, fellow investors! Today, European benchmarks opened with a mix of green and red as market sentiment remains uncertain. Following the trend set by Asian shares overnight, the trading week kicks off under pressure. It seems like risk appetite is on the downside, leaving…
MultiBank Group: Leading the Financial World The Rise of MultiBank Group Since its inception in 2005, MultiBank Group has evolved into the largest financial derivatives institution worldwide. With a focus on professionalism, education, and profitability, MultiBank Group has captured the attention of investors and traders around the globe. Setting up Headquarters in Dubai Just recently,…
