Day: February 28, 2022

Feb 28
FCA discontinues action against Craig Whyte

The FCA today issued a notice of discontinuance in relation to the prosecution of Craig Whyte who had been charged with an offence of failing to comply with a statutory Notice issued under Section 49 Regulation of Investigatory Powers Act (RIPA 2000). The service of the notice terminates the prosecution. The decision to end the […]

Feb 28
Bitcoin climbs to $41K and flippens the Russian ruble

The Central Bank of Russia reported the country’s money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar. 2528 Total views 15 Total shares After climbing to a price of more than $41,000 on Monday, Bitcoin’s market capitalization has surpassed that of the […]

Feb 28
Oil futures mark highest finish since August 2014, up nearly 9% for the month

Oil futures finished at a more than seven-year high on Monday, with U.S. prices ending higher for a third straight month, on the back of tougher global sanctions on Russia in retaliation for its invasion of Ukraine. “Traders are reacting more to the risk of a disruption than an actual disruption” to oil supplies, said […]

Feb 28
Ichimoku Cloud Analysis 28.02.2022 (BRENT, GBPJPY, AUDNZD)

BRENT Brent is trading at 102.30; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 98.55 and then resume moving upwards to reach 108.45. Another signal in favour of a further uptrend will be a rebound from the […]

Feb 28
Forex Technical Analysis & Forecast 28.02.2022

EURUSD, “Euro vs US Dollar” After completing the correctional wave at 1.1270, EURUSD is forming a new descending impulse to reach 1.1060. Later, the market may resume trading upwards with the target at 1.1290. GBPUSD, “Great Britain Pound vs US Dollar” Having finished the correction at 1.3440, GBPUSD is falling towards 1.3260. After that, the […]

Feb 28
Gold futures settle higher, up nearly 6% for the month

Gold futures climbed on Monday, buoyed by Russia’s ongoing invasion of Ukraine, with prices for the metal ending higher for the month. “If there is no de-escalation between the West and Russia, there will be a surge of physical investment demand into precious metals as a rush into precious safe havens explodes,” said Peter Spina, […]

Feb 28
Public Review of Draft Regulations

Topics Expertise from the subject matter experts at New Brunswick’s Financial and Consumer Services Commission. Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry […]

Feb 28
Trade halted in several Russian stocks on NYSE, Nasdaq

Trade in several Russia-related stocks on the New York Stock Exchange and Nasdaq was halted Monday. Alerts from the NYSE said activity in American depositary shares of steelmaker Mechel PAO MTL, -2.17%, telecom operator Mobile TeleSystems MBT, -8.64% and Russian online real-estate listings company Cian PLC CIAN, +2.72% were halted due to “regulatory concern.” Shares […]

Feb 28
Estee Lauder exec fired over racist meme: WSJ

Estee Lauder Cos. EL, -1.94% has fired senior executive John Demsey, according to a report from The Wall Street Journal. Demsey was suspended last week after posting a racist Instagram meme on the social media site. Demsey has since apologized. Demsey had been with the company for 31 years and led beauty brands including Clinique […]

Feb 28
Signature of a new MoU on coordinated supervision of Euronext

On 31 May 2018, the FSMA and the British (FCA), Dutch (AFM), French (AMF), Irish (Central Bank of Ireland) and Portuguese (CMVM) financial market authorities, together forming the Euronext College of Regulators, signed a new Memorandum of Understanding (‘MoU’) on the coordinated regulation and supervision of Euronext. This MoU supersedes the MoU previously signed in […]