Author: FX
© Reuters. An Aurizon coal train travels through the countryside in Muswellbrook, north of Sydney, Australia, April 9, 2017. REUTERS/Jason Reed/File Photo (Reuters) – Aurizon Holdings, Australia’s largest rail freight operator, said on Friday it will sell its East Coast Rail (ECR) business to Magnetic Rail Group for A$425 million ($284.71 million) in cash. Aurizon said in a statement the sale was in accordance with its agreement with the country’s competition regulator, following its $1.75 billion acquisition deal for One Rail Australia (ORA) that was finalised in July 2022. The ORA deal is expected to help Aurizon diversify from coal…
Eamonn Sheridan Thursday, 15/12/2022 | 22:35 GMT-0 15/12/2022 | 22:35 GMT-0 Also ICYMI, the overnight from the ECB:JP Morgan noted the hardening hawk tone and jacked up their expected peak rate for the ECB to 3.25% from their previously expected 2.5%. —The ECB provides a handy TL;DR guide to the statement issued on Thursday:ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW Source link
Indices, USD Talking Points:It was a game of alphabet soup over the past few days with CPI, FOMC, ECB, and the BoE pushing markets ahead of year-end.U.S. equities put in a strong reversal on Tuesday after failing to hold a breakout at the 2022 bearish trendline.USD was bearish through yesterday’s FOMC rate decision, setting a fresh low overnight. But, bulls have started to show up, pushing DXY back-above 103.82 and testing outside of a falling wedge formation.Tomorrow brings a massive option expiry in US markets which can keep volatility pushing in equities through the end of the week.The analysis contained…
Secure Energy Services Inc. declares $0.10 dividend Source link
© Reuters. FILE PHOTO: Emergency crews work to clean up the largest U.S. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural Washington County, Kansas, U.S., December 9, 2022. REUTERS/Drone Base/File Photo By Rod Nickel and Mrinalika Roy (Reuters) -The oil spilled from TC Energy (NYSE:) Corp’s ruptured Keystone pipeline was diluted bitumen, the U.S. Environmental Protection Agency (EPA) said on Thursday, adding complications to the cleanup. The 622,000 barrels per day (bpd) pipeline was shut last week after it spilled 14,000 barrels of oil in rural Kansas, including…
I can’t believe this is real, it’s like beating the dead NFT horse with a shameless grift. Somehow DWAC is still trading above $20 after hyping some kind of big event and delivering this, which is somehow an endorsement that the world is filled with rubes. What’s next Donald Trump beanie babies?Fed should have raised 500 bps yesterday pic.twitter.com/4VUwsSygNp— Ramp Capital (@RampCapitalLLC) December 15, 2022 What’s particularly sad here is that a year or two ago, these might have sold for $10,000.I’d say this is the end of Trump’s chances of ever returning to the White House but you can…
WTI bears are moving in again after a breach of resistance. $75.70 structure is important on the hourly chart. As per the prior analysis, WTI Price Analysis: Bulls attempt to take on the daily trendline resistance, West Texas Intermediate WTI crude oil that climbed into resistance earlier this week on the back of restrictions on the flow between Canadian and the United States, has seen bears move in at critical resistance: WTI prior analysis Bulls met key resistance and continue to struggle towards the closing sessions for the week. On the lower time frames, it was explained that a break of resistance opened the risk of a move…
Introduction to the Value Charts Indicator The Value Charts Indicator was developed by David Stendahl to help traders identify mean reversal signals from extreme price levels. It is based on the concept explained on the book “Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile” by Mark Helweg and David Stendahl. What is the Value Charts Indicator? The Value Charts Indicator is an oscillator type of technical indicator which indicates the direction of momentum, as well as overbought and oversold price levels. This indicator plots bars that oscillate within a range that has a normal value between -8.00…
The Pound Sterling losses ground against the US Dollar even though the Bank of England lifted rates by 0.50%. US Retail Sales for November disappointed, though they showed the effects of the Federal Reserve policy. GBP/USD: The dip towards the confluence of the 20/200-DMAs, could pave the way for a re-test of 1.2400 The Pound Sterling (GBP) failed to gain traction amidst a Bank of England (BoE) 50 bps rate hike, though risk aversion maintains the US Dollar (USD) bid, after hitting six-month lows around 103.448, per the US Dollar Index (DXY). Mixed economic data released by the United States…
GOTU, BLBD and RENT are among consumer movers Source link