$PEG
Public Service Enterprise Group Inc.
PRICE
$64.03 -
Extented Hours
VOLUME
5,536,437
DAY RANGE
63.31 - 64.05
52 WEEK
52.73 - 65.59
Join Discuss about PEG with like-minded investors
@MidasTech #FOREX
so news like this will be a changing game, where oil peg on gold
138 Replies 12 ๐ 15 ๐ฅ
@trademaster #TradeHouses
By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar steadied on Monday after Federal Reserve Governor Christopher Waller said the central bank was not softening its fight against inflation, which made some investors think that the steep sell-off last week was probably overdone. A slightly cooler-than-anticipated inflation data on Thursday put the greenback in a tailspin, with the dollar index slipping 4% for the week, its worst week in more than two and half years. The dollar index, which gauges the greenback against a basket of six counterparts that includes the yen, euro and sterling, rose 0.234% to 106.960 during Asian trade on Monday, coming off the nearly three month low of 106.27 it touched on Friday. Global equities, meanwhile, soared as investors poured into risky assets on hopes that peaking inflation means less aggressive rate hikes from the Fed. But Waller said on Sunday that the inflation print last week was "just one data point" that would have to be followed, and h other similar readings would be needed to show convincingly that inflation was slowing. Waller did add, however, that the Fed could now start thinking about hiking at a slower pace. "I think the market got a little bit ahead of itself," said Carol Kong, a currency strategist at Commonwealth Bank of Australia (OTC:CMWAY), adding the market can expect more reality checks from Fed officials, which would help the dollar to recoup more ground. U.S. inflation will likely remain high and keep the Fed on its monetary tightening path, Kong said. U.S. consumer sentiment fell in November, pulled down by persistent worries about inflation and higher borrowing costs, a survey showed on Friday. Sim Moh Siong, currency strategist at Bank of Singapore said the Fed's job was still not done and the central bank is unlikely to want the equity market to rally too much or bond yields to come off too much. "If the financial markets get too buoyant, they will probably growl louder to make themselves heard in terms of their inflation message." The U.S two-year yield, which reflects rate move expectations, edged up to 4.41%, after diving as low as 4.29% on Friday, while the U.S. 10-year yield was up 7 basis points at 3.899%. Elsewhere, cryptocurrencies remained under pressure from ongoing turmoil after the fall of crypto exchange FTX. FTX's native token, FTT, was last down 7.6% at $1.31, taking its month-to-date losses to nearly 95%. Bitcoin fell 2.2% slipping below $16,000. Sterling was swaying at $1.1747, down 0.74% on the day, having risen 4% in the previous two sessions ahead of the Autumn Statement on Thursday when Britain's finance minister Jeremy Hunt is expected to set out tax rises and spending cuts. The Japanese yen weakened 0.60% versus the greenback at 139.63 per dollar, while the euro was down 0.47% to $1.0303. The risk-sensitive Australian and New Zealand dollars slipped, giving up some gains made after China moderated its zero COVID strategy. On Sunday, Reuters reported that Chinese regulators have told financial institutions to extend more support to property developers to shore up the struggling real estate sector. China's yuan rose to a near two-month high against the dollar on Monday, after the central bank lifted its official guidance fixing by the most since 2005 when Beijing abandoned the currency's decade-old peg against the greenback. ======================================================== Currency bid prices at 0147 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0328 $1.0347 -0.18% -9.15% +1.0368 +1.0315 Dollar/Yen 139.1150 138.7350 +0.28% +20.96% +139.7300 +138.9200 Euro/Yen 143.68 143.69 -0.01% +10.25% +144.3640 +143.5900 Dollar/Swiss 0.9442 0.9413 +0.33% +3.54% +0.9448 +0.9425 Sterling/Dollar 1.1792 1.1835 -0.39% -12.83% +1.1852 +1.1767 Dollar/Canadian 1.3258 1.3251 +0.06% +4.87% +1.3308 +1.3240 Aussie/Dollar 0.6689 0.6707 -0.30% -8.01% +0.6720 +0.6668 NZ 0.6101 0.6121 -0.37% -10.91% +0.6127 +0.6070 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ
67 Replies 10 ๐ 10 ๐ฅ
@NoobBot #Crypto4Noobs
https://cryptonews.com/news/crypto-prices-bounce-as-ftx-searchers-for-rescuers-tether-peg-slips-contagion-fears-mount.htm
143 Replies 13 ๐ 15 ๐ฅ
@NoobBot #Crypto4Noobs
https://cointelegraph.com/news/tron-s-stablecoin-usdd-loses-dollar-peg-on-suspected-selloff-by-alameda-research
84 Replies 12 ๐ 13 ๐ฅ
@NoobBot #Crypto4Noobs
https://cointelegraph.com/news/waves-backed-stablecoin-usdn-breaks-peg-again-amid-protocol-upgrade
85 Replies 10 ๐ 6 ๐ฅ
@NoobBot #Crypto4Noobs
https://www.coindesk.com/tech/2022/08/16/acala-stablecoins-nears-1-peg-after-community-burns-12b-ausd-minted-by-exploiters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
75 Replies 13 ๐ 15 ๐ฅ
@NoobBot #Crypto4Noobs
https://www.coindesk.com/tech/2022/08/16/acala-stablecoins-nears-1-peg-after-community-burns-12b-ausd-minted-by-exploiters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
80 Replies 6 ๐ 11 ๐ฅ
@NoobBot #Crypto4Noobs
https://www.coindesk.com/markets/2022/07/26/tether-finds-stable-dollar-peg-after-terras-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
47 Replies 12 ๐ 12 ๐ฅ
@trademaster #TradeHouses
By Tom Wilson, Hannah Lang and Elizabeth Howcroft WASHINGTON (Reuters) -Bitcoin fell as much as 14% on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" market conditions, in the latest sign of the financial market downturn hitting the cryptosphere. The Celsius move triggered a slide across cryptocurrencies, with their value dropping below $1 trillion on Monday for the first time since January 2021, sparking worries the rout might spill over into other assets or hit other companies. "Almost anything can be systemic in crypto ... because the whole space is over-levered," said Cory Klippsten, chief executive of Swan Bitcoin, a bitcoin savings platform. "It's all a house of cards." Celsius CEO Alex Mashinsky and Celsius did not respond to Reuters requests for comment. New Jersey-based Celsius, which has around $11.8 billion in assets, offers interest-bearing products to customers who deposit cryptocurrencies with its platform. It then lends out cryptocurrencies to earn a return. After Celsius's announcement, bitcoin (BTC=BTSP) touched an 18-month low of $22,725, before rebounding slightly to around $23,265. No.2 token ether dropped as much as 18% to $1,176, its lowest since January 2021. Companies exposed to cryptocurrencies have previously warned that declines in token prices could have ripple effects, including by triggering margin calls. "It's still an uncomfortable moment, and there's some contagion risk around crypto more broadly," said Joseph Edwards, head of financial strategy at fund management firm Solrise Finance. Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets. Markets extended a sell-off on Monday after U.S. inflation data on Friday, which showed the largest price increase since 1981, prompting investors to raise their bets on Federal Reserve rate hikes.[MKTS/GLOB] That was likely the key driver of the crypto market nosedive, Jay Hatfield, chief investment officer at Infrastructure Capital Management, wrote in a note on Monday. "The Fedโs overexpansion of its balance sheet led to a number of bubbles including tech stocks, (and) crypto tokens," he said. Cryptocurrency investors have also been rattled by the collapse of the terraUSD and luna tokens in May which was shortly followed by Tether, the world's largest stablecoin, briefly breaking its 1:1 peg with the dollar. In a blog post https://tether.to/en/celsius-feels-impact-of-market-volatility-tether-reserves-hold-strong on Monday, Tether said that while it has invested in Celsius, its lending activity with the crypto platform has "always been overcollateralized" and has no impact on Tether's reserves. The token was last trading flat at $1. Also on Monday, BlockFi, another crypto lending platform, said it was reducing its staff by about 20% due to "dramatic shift in macroeconomic conditions." BlockFi said that it has no exposure to Celsius. Bitcoin, which surged in 2020 and 2021, is down around 50% so far this year. Ethereum is down more than 67% this year. CRYPTO LENDING Celsius says on its website that customers who transfer their crypto to its platform can earn an annual return of up to 18.6%. The website urges customers to "Earn high. Borrow low". In a blog post https://blockfi.com/a-message-from-our-founders on Sunday evening, the company said it had frozen withdrawals, as well as transfers between accounts, "to stabilise liquidity and operations while we take steps to preserve and protect assets." "We are taking this action today to put Celsius in a better position to honour, over time, its withdrawal obligations," the company said. Celsius's token has fallen about 97% in the last 12 months, from $7 to around 20 cents, based on CoinGecko data. 'GREY AREA' Crypto lending products have surged in popularity and many companies have launched offerings within the last year. That has sparked concerns among regulators who are worried about investor protections and systemic risks from unregulated lending products. Celsius and crypto firms that offer similar services operate in a regulatory "grey area," said Matthew Nyman at CMS law firm. Celsius raised $750 million in funding last year from investors including Canada's second-largest pension fund Caisse de Dรฉpรดt et Placement du Quรฉbec. Celsius was valued at the time at $3.25 billion. As of May 17, Celsius had $11.8 billion in assets, its website said, down by more than half from October, and had processed a total of $8.2 billion worth of loans. Mashinsky, the CEO, was quoted in October last year saying Celsius had more than $25 billion in assets. Rival crypto lender Nexo said on Monday it had offered to buy Celsius' outstanding assets. "We reached out to Celsius Sunday morning to discuss the acquisition of its collateralised loan portfolio. So far, Celsius has chosen not to engage," said Nexo co-founder Antoni Trenchev. Celsius did not respond to a request for comment on Nexo's offer.
85 Replies 9 ๐ 14 ๐ฅ
@Andrzej #decarolis
Lol il peg di usdt vedo in grosse difficoltร ultimamente. Addirittura Binance ha delistata da futures
95 Replies 8 ๐ 14 ๐ฅ
Key Metrics
Market Cap
31.92 B
Beta
0.47
Avg. Volume
3.28 M
Shares Outstanding
498.59 M
Yield
3.56%
Public Float
0
Next Earnings Date
2024-04-30
Next Dividend Date
Company Information
public service enterprise group (pseg) helps to make new jersey and new york better places to live and work by providing safe, reliable, economic and greener energy that powers the lives of millions every day. we are new jerseyโs largest provider of electric and gas service, serving 1.8 million gas customers and 3.3 million electric customers in new jersey and new york. we also own and operate 19 power plants in the northeast and mid-atlantic regions and 36 solar energy facilities in new jersey and eight other states. headquartered in newark, n.j., pseg is a fortune 500 company traded on the new york stock exchange under the symbol peg.
CEO: Ralph Izzo
Website: https://corporate.pseg.com/
HQ: Corporate Accounting Services Newark, 07102-4194 New Jersey
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