Author: FX
Warning: ALIZY is at high risk of cutting its dividend Source link
Warning: RICOY is at high risk of cutting its dividend Source link
© Reuters. The Los Angeles river during a rare cold winter storm in the Los Angeles area, in Los Angeles, California, U.S., February 24, 2023. REUTERS/Aude Guerrucci By Sharon Bernstein (Reuters) – Nearly 85,000 households and businesses were without power in the Los Angeles area on Saturday, as storms continued to pummel parts of California, bringing snow to higher elevations and dumping rain and hail in the flatlands. Interstate 5, the largest highway leading north out of the city, remained closed at the steep grade known as the Grapevine due to heavy snow, while several more southern points of the…
imaginima/iStock via Getty Images PJM Interconnection, the largest U.S. power grid operator, faces a serious shortfall in electric generating capacity in coming years as traditional generator retirements outpace additions, according to a new analysis it published this week. The grid operator forecasts nearly 40 GW of its generating capacity will retire by 2030, representing 21% of the service area’s total capacity, with 90% pf planned retirements in coal and natural gas. Meanwhile, PJM expects no more than 30 GW of additions over the same period, and as few as 15 GW in its “low entry” scenario. PJM serves more than…
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© Reuters. Arsin and his father take belongings out of their destroyed apartment in the aftermath of the deadly earthquake in Antakya, Hatay province, Turkey, February 20, 2023. REUTERS/Eloisa Lopezh By Ece Toksabay and Daren Butler ANTAKYA/ISTANBUL, Turkey (Reuters) – Turkey has arrested 184 people suspected of responsibility for the collapse of buildings in this month’s earthquakes and investigations are widening, a minister said on Saturday, as anger simmers over what many see as corrupt building practices. Overnight, the death toll from the earthquakes, the most powerful of which struck at the dead of night on Feb. 6, rose to…
USD/CAD & OIL PRICES TECHNICAL OUTLOOK:USD/CAD appears biased to the upside in the near termOil prices have been developing a bearish pattern in recent weeks, so the technical signals are negativeVolatility could remain elevated as market sentiment sours amid soaring U.S. Treasury yields Recommended by Diego Colman Get Your Free USD Forecast Most Read: US Dollar Outlook Turns More Bullish as Bond Yields Skyrocket Post PCE DataVolatility reared its ugly head in the currency market this past week as U.S. Treasury yields soared across the curve on expectations that the Federal Reserve will have to keep its foot on the…
© Reuters. (BTC) threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend. 1-day candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to decide the fate of the $23,000 mark on the day.BTC/USD order book data (Binance). Source: Material Indicators/TwitterBTC/USD annotated chart. Source: Rekt Capital/TwitterBitcoin network fundamentals overview (screenshot). Source: BTC.comContinue Reading on Coin Telegraph Source link
© Reuters. Lawyers representing former FTX CEO Sam Bankman-Fried in federal court have requested an extension to file a proposal related to his bail conditions. In a Feb. 24 filing with the United States District Court for the Southern District of New York, Mark Cohen of Cohen & Gressler said the legal team wanted until March 3 to file a proposal for additional bail conditions for Bankman-Fried and find a suitable candidate to act as a technical expert in the case. The lawyers agreed to hire an expert following a Feb. 16 hearing discussing the former FTX CEO’s use of…
US DOLLAR OUTLOOK: BULLISHThe U.S. dollar, as measured by the DXY index, rallies and closes the week at its best level since early JanuaryThe greenback’s gains are driven by surging U.S. Treasury yields following hotter-than-expected PCE resultsISM data will be in focus in the coming days, but the DXY heads into the new week with strong upside momentum. Recommended by Diego Colman Get Your Free USD Forecast Most Read: EUR/USD Subdued as US Dollar Retains Upper Hand, Gold Can’t Shake Off the BluesThe U.S. dollar, as measured by the DXY index, rose this past week for the fourth consecutive week,…