Ezra today formed a hammer when market is bearish and also rebounded off fibonacci 61.8% and also the 200 day moving average support. The current price is also a previous resistance and may now turned support.
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BBC News – Business
- Lab-grown meatThe meat industry, a major contributor to CO2 emissions and deforestation, is facing competition.
- Retail woes force hundreds of store closuresAlmost 650 shops and restaurants have shut their doors since the start of the year, BBC analysis reveals.
- Google owner Alphabet sees profits soarNet earnings jump almost 73% in the first quarter as revenues from internet advertising climb.
- Government could probe Star and Express newspaper takeoverGovernment says it is "minded" to investigate Trinity Mirror deal to buy the Star and Express newspapers.
- Apple's Shazam deal faces European probeSeven countries asked the European Commission to review the purchase of the music identification app.
- Capita to raise £700m as losses deepenThe outsourcing firm is undergoing a major overhaul but its boss says it is not the same as Carillion.
- 'I shouldn't have to police Facebook'Martin Lewis is taking Facebook to court because of fake adverts showing his face.
- Finland's basic income trial falls flatThe experiment in paying a basic income to 2,000 jobless Finns will not be expanded.
- Could the royal baby boost the economy?Will the new royal baby encourage people to loosen their purse strings?
- Paradise Papers: Ukraine crime gang hid proceeds in luxury London flatsDetails from the Paradise Papers show millions were secretly invested in the UK via offshore firms.
- Lab-grown meat
Reuters: Business News
- Deutsche Bank may announce investment bank revamp on Thursday: reportFRANKFURT (Reuters) - Deutsche Bank AG may announce changes in the strategy of its investment banking unit on Thursday along with quarterly earnings, a German newspaper reported on Tuesday.
- Asian stocks bounce; dollar, oil near recent highsTOKYO/SYDNEY (Reuters) - Asian stocks bounced from near two-week lows on Tuesday as investors paused for breath following the heavy selling of recent sessions and waited to see if the dollar's rally was sustainable.
- High-profile investors bet on stocks tied to millennials: Sohn ConferenceNEW YORK (Reuters) - Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders.
- Car of the future: Electrified and autonomous, but what will it look like?BEIJING (Reuters) - An autonomous driving electric vehicle may not take to the sky any time soon but could one day start to look a bit like The Jetsons’ flying car - a glass bubble without the long hood that is a signature feature of today's gasoline-fueled cars.
- Ad sales surge at Google parent Alphabet, but so do costsSAN FRANCISCO (Reuters) - Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday.
- U.S. extends deadline for Rusal sanctions, aluminum prices diveWASHINGTON/MOSCOW (Reuters) - The United States on Monday gave American customers of Russia's biggest aluminum producer more time to comply with sanctions, and said it would consider lifting them if United Company Rusal Plc's major shareholder, Russian tycoon Oleg Deripaska, ceded control of the company.
- Nasdaq proposes letting companies decide where their shares trade(Reuters) - Nasdaq Inc on Monday said it will ask regulators to let it give thinly-traded companies that list on its main U.S. stock exchange a choice as to whether their shares can be traded on other exchanges, with the aim of making it easier for investors to buy the stocks.
- Hasbro blames Toys 'R' Us for poor first quarter(Reuters) - Hasbro Inc reported worse than expected results for the first quarter on Monday, blaming the bankruptcy of Toys 'R' Us for a slide in revenue but also promising the worst would be over in the first half of 2018.
- Trump's revenge: U.S. oil floods Europe, hurting OPEC and RussiaMOSCOW/LONDON (Reuters) - As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude.
- Wells Fargo CEO's pay details spark pushback by some employeesWASHINGTON/BOSTON (Reuters) - Wells Fargo & Co's disclosure of how its chief executive's pay compares to the rest of its workforce has drawn criticism from some company employees ahead of the scandal-plagued bank's annual shareholder meeting.
- Deutsche Bank may announce investment bank revamp on Thursday: report
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