In this article KSS The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Tuesday reported fiscal fourth-quarter sales that came in below analysts’ estimates for the key holiday quarter, as ongoing supply chain obstacles roiled retailers and
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“We are striving for Europe to choose for Ukraine,” Ukrainian President Volodymyr Zelenskyy said on Tuesday, as reported by Reuters. “We are fighting to be equal members of Europe,” Zelenskyy added. “Ukraine is giving away its best people for the desire to be treated as equals.” Market reaction Markets remain risk-averse during the European trading hours
The USDJPY opened the day above its 100/200 hour MAs (blue and green lines). The price broke below those MAs near the end of the London session, and stayed below and moved lower into the NY afternoon session as selling intensified. The pair has moved down to test a swing area between 114.83 to 114.759.
On-chain activity for the leading Layer 2 networks has been declining recently, however, the Arbitrum platform is bucking the trend according to recent findings. Blockchain analytics firm Nansen has reported that seven-day activity in terms of addresses for many of the leading networks has been in decline. Only the Ethereum L2 scaling network Arbitrum has
Sentiment in the markets sinks again after Russian President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday, in response to unprecedented sanctions by the West, including blocking Russian banks from SWIFT. Meanwhile, Ukraine is holding on to defending from Russian invasion, with increasing support from Europeans and others in the world. Asian
New Delhi: Gold prices rose by Rs 429 to Rs 50,577 per 10 grams in the national capital on Monday due to inflation worries after Western countries ramped up sanctions on Russia for invading Ukraine, according to HDFC Securities. The yellow metal had closed at Rs 50,148 per 10 grams in the previous trade. Silver
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 13% during after hours trading. The company on Monday cited supply chain constraints and parts quality issues for slashing production to between 12,000 and 14,000 vehicles,
EUR/USD is hovering around 1.1200 ahead of fresh impetus from the Russia-Ukraine tensions. Besides Russia, Europe looks to be the most impacted economy from the sanctions. Tuesday’s Manufacturing PMI from the US and Europe will remain under the radar. The EUR/USD is trading lacklustre in the early Asian session on Tuesday as investors are waiting
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The Nasdaq index is trading back in the black after trading as low as -134.92 points or -0.99%. A new high price has just been reached at 13777.66. That is up around 83 points or 0.60% Looking at the hourly chart above, the price is approaching its 100 hour MA at 13831.16. The 200 hour
Markets are staying in risk aversion today with heavy selling in stocks. Expectations on the negotiation between Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin are low. Meanwhile, other markets are relatively steady. In forex, Swiss Franc, Yen and Dollar are still the stronger ones ,while Euro is the weakest. But still, most pairs
Germany’s economy minister said they will pass a bill by April that ensures gas storage facilities are at full capacity at the beginning of winter. The law of unintended consequences is in full display here. Germany doesn’t produce natural gas so they can’t magically make it appear. They have to buy it on the global
NEW DELHI: Gold prices spiked more than 1.5 per cent on Monday as the yellow metal was set for best monthly gain in the last three quarters amid rising global worries. Western countries slapped fresh sanctions on Russia for invading Ukraine and President Vladimir Putin put his country’s nuclear deterrent on high alert. Gold futures
In this article BABA Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba on Thursday reported its slowest quarterly revenue growth since going public and missed expectations, but the Chinese e-commerce giant did beat on earnings. Here’s how Alibaba did in its fiscal third-quarter, versus Refinitiv
NASDAQ 100 is set to open sharply lower on Monday. Russia placing nuclear forces on high alert spooked markets. European gas prices continue to surge as stagflation beckons. Global financial markets remain on edge this morning as the Russia-Ukraine conflict looks to be in danger of spilling into a global threat. Over the weekend Russia placed its
Yesterday, the USDCAD made a move outside of a “red box” that has confined up and down price action in the pair since January 27. The high of that up and down red box range was at 1.27956. The strong dollar buying yesterday saw the price of the USDCAD extend all the way up to
On-chain statistics through February have suggested positive sentiment for Bitcoin as addresses with a non-zero balance of BTC reached an all-time high. Additionally, those wallets with a positive BTC balance are increasingly hodling their coins. The amount of BTC circulating supply last moved between three and five years ago reached a four-year high of just