Photo: SBI Holdings Major Japanese financial services company SBI Holdings is set to launch its first security token offering (STO) by allocating shares of its esports games arm, SBI e-Sports Co., Ltd. SBI Holdings will be the underwriter for the issuance of 1,000 shares of common stock in its sub

NZD/USD runs into a critical support area ahead of the RBNZ. Bears may wish to wait for the outcome before committing to the downside at this juncture.  As per the following article, NZD/USD Price Analysis: Bears on verge of test of trendline support, the price has indeed moved to target as the gre

The Malaysia stock market has finished higher in two of three trading days since the end of the two-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just above the 1,575-point plateau and it may tick higher again on Monday. The glo

Daily Pivots: (S1) 0.9067; (P) 0.9098; (R1) 0.9130; USD/CHF is staying in range of 0.9050/9241 and intraday bias remains neutral first. Further decline is in favor as long as 0.9241 resistance holds. Break of 0.9050 will resume larger down trend. Though, break of of 0.9241 will confirm short term bo

Photo: Manila, the Philippines' capital city Bangko Sentral ng Pilipinas (BSP), the Philippine central bank, has become the latest to show interest in the central bank digital currency (CBDC).  As reported by Bloomberg on Wednesday, the central bank has formed a committee to study the feasibility

The China stock market has finished lower in three straight sessions, sliding more than 230 points or 6.7 percent along the way. The Shanghai Composite Index now sits just above the 3,210-point plateau and it's looking at a soft lead for Friday's trade. The global forecast for the Asian markets is s

EUR/USD: Key resistance at 1.1255 Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 1.1255 Our preference Short positions below 1.1255 with targets at 1.1230 & 1.1215 in extension. Alternative scenario Above 1.1255 look for further upside with 1.1270 &am

AUD - Australian Dollar The Australian dollar drifted sideways through out trade on Monday, bouncing between 0.6850 and 0.6890 amid a largely tepid start to the week. Moves across currency markets were muted despite a bounce in risk demand that saw equities recoup Friday’s sell off. The S&P 500

Daily Pivots: (S1) 0.8966; (P) 0.9004; (R1) 0.9058; Intraday bias in EUR/GBP remains neutral at this point. With 0.8866 minor support intact, further rise is in favor. On the upside, break of 0.9054 will resume the rebound from 0.8670 and target 61.8% retracement of 0.9499 to 0.8670 at 0.9182. Howev

China is scheduled to release a raft of data on Monday, headlining a busy day for Asia-Pacific economic activity. On tap are May figures for industrial production, retail sales, fixed asset investment, unemployment and house prices. Industrial production is predicted to rise 5.0 percent on year afte

There is not much change in the global investor sentiments today, as stock markets continue to rally on lockdown exit optimism. Much better than expected job data from the US also provide something to cheer. Though, in the currency markets, recent moves appear to have been exhausted. Australian Doll

Fibs BTC/USD COINBASE:BTCUSD florinb1 This was not a classic Eliott wave by any means. Wave (2) didn't retrace to the expected base level of 5027, so it's difficult to say the count is accurate. Still, the ii is a perfect 0.618 of i, so that's one anchor. This wave (5) that we are in had its fair s