Day: February 8, 2022
USDJPY rose after consolidating for several trading sessions. The Japanese Yen dropped a little bit against the USD on Tuesday. The current quote for the instrument is 115.35. Global capital markets are well-affected towards risks and that reduces the demand for the Yen as a “safe haven” asset. According to the data released earlier […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset is quickly correcting to the upside after completing the previous downtrend, which failed to reach 76.0% fibo at 1.1047 due to convergence on MACD. As of now, the first rising impulse has already reached 23.6% fibo. In the nearest future, […]
Let’s Try That AgainGBPJPY is back in my sights again this week. I was last looking at it during the block of consolidation which formed ahead of 157.88, looking for a breakout. However, price ultimately resolved lower from that area. Following a rebound off the 153.39 level, we are now turning higher once again and […]
Equities Fighting To Recover LossesIt’s been a mixed start to the week for global equities indices as most of the benchmarks tracked here continue to fight to reclaim the recent losses seen. Uncertainty over the potential for war between Russia and Ukraine, as well as concerns over the hawkish shift seen across G10 central banks, […]
KPMG forecasts that Singapore’s crypto investment will remain strong this year with increasing regulatory scrutiny. 762 Total views 6 Total shares Singapore has seen a tenfold increase in crypto-related investments last year worth $1.48 billion, up from $110 million in 2020, according to KPMG’s Pulse of Fintech report. As per the study, the city-state has […]
Shares of General Electric Co. GE, +0.90% rallied 1.3% Monday toward their longest winning streak in nearly six years, but they remained well below recent peak of just three weeks ago. GE’s stock started its current win streak after it closed at $89.32 on Jan. 26, which was the lowest close since Feb. 1, 2021, […]
Fastenal Co. FAST, -2.82% disclosed Monday that while its total workforce increased by 0.7% last year, but fell 1.6% in the U.S. The maker of fasteners, tools and manufacturing supplies said in its 10-K filing with the Securities and Exchange Commission that it had 20,507 full and part-time employees worldwide as of Dec. 31, 2021, […]
The European Securities and Markets Authority (ESMA) recommends action by financial market participants for COVID-19 impact. Source: FSMA
Jean-Paul Servais, Chairman of the Financial Services and Markets Authority (FSMA), has been re-elected chair of the European Regional Committee of IOSCO, the international organization of financial market supervisors. The European members of IOSCO re-elected Jean-Paul Servais to another two-year term as chair of the European Regional Committee, the European country group within IOSCO. He […]
IOSCO, the international organization of financial market supervisors, held a stakeholder meeting in Madrid on Friday 28 February. Various regulatory issues relating to asset management and the challenges posed by technology were discussed. The meeting was also an opportunity for stakeholders to discuss IOSCO’s priorities for 2020. The Chairman of the FSMA, Jean-Paul Servais, who […]
