A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices.
Archiv für den Monat: Februar 2022
Stocks making the biggest moves premarket: Lowe’s, Tenneco, Tupperware and others
These are the stocks posting the largest moves before the bell.
Barclays full-year net profit quadruples as corporate and investment bank booms
Barclays on Wednesday reported a full-year net profit of £6.38 billion ($8.67 billion) for 2021, ahead of analyst expectations of £5.75 billion.
Crypto companies are tempting top talent away from Big Tech to build ‘Web3’
Crypto companies are enticing talent with the pitch of working on the next „big thing.“
Stock market futures rebound after S&P 500 closes in correction
U.S. stock index futures were higher during early morning trading Wednesday.
Lowe’s raises its earnings forecast as a tight housing market, older homes fuel projects
Lowe’s raised its forecast for the full year and surpassed Wall Street’s earnings estimates for the fiscal fourth quarter.
Barclays full-year net profit quadruples as corporate and investment bank booms
Barclays on Wednesday reported a full-year net profit of £6.38 billion ($8.67 billion) for 2021, ahead of analyst expectations of £5.75 billion.
US MBA mortgage applications w.e. 18 February -13.1% vs -5.4% prior
Prior -5.4%Market index 466.4 vs 537.0 priorPurchase index 250.7 vs 279.0 priorRefinancing index 1,677.7 vs 1,988.8 prior30-year mortgage rate 4.06% vs 4.05% prior
ECB’s de Guindos: We will readjust asset purchases if needed, then see about rate hikes
With new economic data, we will readjust asset purchases if neededThen we will see about raising interest ratesAfter the hawkish tones from Holzmann and Vasle earlier, there isn’t much enthusiasm from de Guindos here.
EU ambassadors reportedly approve sanctions on Russia
Not that it really matters for markets at this point, this is more to making it official. The impact of the sanctions are rather minimal at best so it isn’t anything that has a significant impact on the global economy. Carry on as you will.