Day: January 18, 2022

Jan 18
Public takeover bid by Whitestone Partners on Evadix

This press release is not available in English. Please consult the French or Dutch site. Source: FSMA

Jan 18
FCA confirms approach to European firms temporarily operating in the UK

European firms wishing to remain in the temporary permissions regime (TPR) need to meet the FCA’s standards to continue operating in the UK. The regime was designed to ensure that European firms operating in the UK via a passport when the Brexit transition period ended could continue operating temporarily while they seek full authorisation in the UK. The TPR should only be used by firms who want to operate in the UK in the long-term and meet the standards to do so. […]

Jan 18
ProKidney set to go public after SPAC merger that values combined company at $2.6 billion

ProKidney LP, a cellular therapeutics company focused on kidney disease, announced an agreement to merge with special purpose acquisition company (SPAC) Social Capital Suvretta Holdings Corp. III DNAC, +0.32% in a deal that values the combined company at $2.64 billion. The deal, which will take ProKidney public, is expected to provide $825 million in cash […]

Jan 18
Canadian securities regulators issue warning about fraudulent investment solicitations involving crypto assets

Montréal – The Canadian Securities Administrators (CSA) warns the public about investment schemes involving fraudulent websites that solicit investments in foreign exchange (often referred to as “forex”), binary options and/or crypto assets.  In particular, fraudsters continue to capitalize on market interest in crypto assets to lure investors into scams, using high-pressure sales tactics and promises […]

Jan 18
Bitcoin hodlers ‘under siege’ at $42K as 30% of BTC supply flips from profit to loss

Bitcoin (BTC) hodlers face a crucial week in more ways than one as $42,000 rekindles a familiar battle. As noted by on-chain analytics firm Glassnode on Monday, 30% of the BTC supply is now at a loss — historically, this has been a key number to defend for bulls. Mixed opinions on rebound chances Bitcoin’s […]

Jan 18
The BoJ disappointed the Yen. Overview for 18.01.2022

USDJPY has been rising for the second consecutive trading session; the Bank of Japan is not ready to act aggressively.  The Japanese Yen is retreating against the USD on Tuesday. The current quote for the instrument is 114.54. During its January meeting that ended earlier today, the Bank of Japan left its monetary policy intact. […]

Jan 18
The “greenback” got support. Overview for 18.01.2022

EURUSD retreated to 1.1400 as soon as the US 10-year bond yield started rising.  The major currency pair is correcting. The current quote for the instrument is 1.1393. After a pause in view of Martin Luther King Jr. Day in the US, investors are back to the debt market, where the US 10-year bond yield […]

Jan 18
Gold prices fall as US bond yields rise

Gold prices fell on Tuesday, affected by higher US Treasury yields, as investors looked for clues on the timetable for a US Federal Reserve interest rate hike from next week’s policy meeting. Gold Prices Today The price of gold futures contracts for February delivery decreased by 0.03%, to reach the level of $ 1815.90 an […]

Jan 18
The AUD/USD is hovering near a one-week low, below 0.7200, due to a stronger USD/risk-off environment.

The AUD/USD is hovering near a one-week low, below 0.7200, due to a stronger USD/risk-off environment. A combination of factors dragged AUD/USD to a one-week low on Tuesday. The AUD/USD pair remained offered during the first part of the European session, and was last seen lingering near a one-week low, just below the 0.7200 line. […]

Jan 18
Dow trades over 500 points lower as yields extend pop, with 2-year above 1%

U.S. stock indexes opened sharply lower Tuesday after a three-day break, in observance of Martin Luther King Jr., with the high-growth technology sector trading sharply lower at the the start of a busy week of corporate earnings report. Meanwhile, a blockbuster tech deal was also in the spotlight, after Microsoft Corp. MSFT, -1.27% said it […]