As rate increases approach, stocks find it difficult to advance.

Despite the dollar reaching multi-week highs, Asian stock markets were pinned near seven-week lows on Thursday due to investors' concerns that interest rates would need to keep increasing and remaining high to stop inflation in the wake of a slew of positive economic data. The broadest MSCI m...

According to the technical analysis, the NASDAQ has been forming a lengthy bear candle. Thursday's trading recommendations

Headline equity index Nifty developed a long bear candle on the daily charts today, signaling a bearish breach of the previous sideways range movement in the market. For the next leg higher to 18,181 and 18,250 zones, it must now hold 18,018 zones. According to Chandan Taparia of Motilal Oswal, &...

Thai Stock Market: Expected Resistance 1.603 Points

On back-to-back trading days, the Thai stock market increased, gaining more than 40 points or 2.6 per cent. The Stock Exchange of Thailand is currently hovering just above the 1,590-point threshold, but Tuesday's opening is expected to be negative. A minor consolidation is predicted for the A...

US Stock Exchange Delists More Than 170 Companies

According to a recent report, the stock exchanges in the United States have delisted 179 companies between the years 2020 and 2021.

The report cited data saying that in 2019, the number of companies on the New York Stock Exchange and Nasdaq was 5,454. The number rose to 6,179 in the yea...

TOKYO STOCKS OPEN LOW ON TUESDAY TRADING

Highlights –

• Tokyo stocks open low on Tuesday trading.
• The 225-issue Nikkei Stock Average lost 692.00 points or 2.34 percent.
• The broader Topix index of all First Section issues on the TSE was down 34.84 points, or 1.78 percent.
...

BIOTECH STARTUP BEHIND COVID-19 VACCINE DEVELOPED BY ASTRAZENECA FILES FOR US IPO

Highlights

• In a securities filing, Vaccitech PLC said it is planning to use the technology underpinning the vaccine to develop treatments targeting prostate cancer, human papillomavirus and hepatitis B

• Vaccitech PLC was started by two scientists at the University...

INCREASE IN ETPs HELPED COINSHARE’S DRASTIC GROWTH IN Q4

Highlights:

• Europe’s largest digital asset investment firm grew in Q4 by almost 147%
• The firm started trading on Nasdaq in March 2020

That the cryptocurrency domain was one of the few sectors that minted profits even through the pandemic was pr...

CHINA EVERGRANDE GROUP TO SELL 10% OF FCB TO 17 INVESTORS

Highlights –

• China Evergrande Group to sell 10% of FCB to 17 investors.
• The company’s online real estate and automobile marketplace will be sold for $2.10 billion.
• The company is doing so to raise funds ahead of the unit’s...

COINBASE’S PLANS TO GO PUBLIC POSTPONED UNTIL APRIL 2021

Highlights:

• Coinbase has not made any official comment on the reason for delaying its debut on Nasdaq

• The cryptocurreny exchange was set to trade about 114.9 million shares last week

Coinbase, the cryptocurrency which was se...

CFTC ALLEGES COINBASE ENGAGED IN SELF TRADING; THE EXCHANGE SETTLES ALLEGATIONS FOR $ 6.5M

Highlights:

• Coinbase allegedly indulged in self-trading to inflate its sales numbers on its app between 2015 -2018

• The exchange intends to go public

The US Commodity Futures Trading Committee has alleged that Coinbase had in...

US SEC: LBCC’S REGISTERED SECURITIES REVOKED

Highlights:

•             LBCC changed its business from refreshment drinks to blockchain

•             The firm has not filed its financial report...

xSIGMA DEX TO BE LAUNCHED ON 24TH, FEBRUARY

Highlights:

•             The launch of DEX will allow liquid swapping of stablecoin pairs

•             It is backed by high profile names

SEC DE-LISTS LONG BLOCKCHAIN Corp.

Highlights:

•             The form had misled investors in the past too

•             SEC delisted it

•     ...

COINBASE READIES FOR ITS IPO

Highlights:

•             Privately held shares of the exchange are being traded in a secondary market

•             The date for the IPO launch is not yet announced.

The largest cryptocurrency exchange in the US, Coinbase is getting ready to launch its IPO. However,...

U.S. STOCK TRADE UPWARDS, THANKS TO STIMULUS HOPES

Highlights

• The Dow Jones Industrial Average index was trading upwards by 111.35 points or 0.36 percent at 31,171.82, while the Nasdaq Composite surged by 54.26 points or 0.42 percent at 13,183.61

• The benchmark S&P 500 index was up by 5.98 points or 0.16 perce...

U.S. STOCKS START NEW YEAR ON A LOW NOTE

Highlights

• The Dow Jones Industrial Average fell by 463 points or 1.6 percent to 30,142, while the S&P 500 went down by 1.4 percent and the Nasdaq Composite was trading 1.3 percent in the negative territory

• The U.S. stocks fell down courtesy of losses witness...

UNCERTAINTY OVER STIMULUS DRAG U.S. STOCKS DOWN

Highlights

• Investors and traders are keenly following each and every update regarding the stimulus hence it’s impact is immediately visible on the market

• The S&P 500 was trading 20.4 points or 0.56 percent lower at 3,647.7, while the Dow Jones Industria...

AIRBNB RAISES PRICING RANGE FOR ITS IPO TO $56 TO $60 PER SHARE

Highlights

• According to a Securities and Exchange Commission filing which was released on Monday, Airbnb raised the price range for its initial public offering to $56 to $60 per share

• Increasing the price of its shares by nearly 27 percent at the bottom and 20 pe...

U.S. STOCKS SURGE ON REVIVED STIMULUS HOPES

Highlights

• As soon as the markets started, the Dow Jones Industrial Average surged 0.4 percent at 30,076.22, while the broad-based S&P 500 also went up by 0.4 percent to 3,680.75

• The tech-heavy Nasdaq Composite was trading 0.2 percent upwards at 12,397.95

U.S. STOCKS OPEN LOWER ON MONDAY

Highlights

• Despite opening lower, all three indices are set to end the month of November with major monthly gains

• On the basis of last Friday’s closing prices, the Dow is looking strong to post a monthly gain of 12.9 percent for its best month since 1987