Day: March 3, 2022
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3, OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of Ablynx, BE0003877942, on Euronext Brussels is suspended from 08/01/2018 at 9:00 CET until the publication of a press release. Source: FSMA
Russia’s invasion of Ukraine is having a significant impact on financial markets. Both the events themselves, and the wide range of financial sanctions imposed in response on Russia, Russian individuals and Russian business by numerous jurisdictions worldwide will have multiple impacts on companies with securities admitted to UK markets. During this period, issuers of securities […]
Today, former Redcentric Plc CFO, Tim Coleman, was sentenced to five and a half years’ imprisonment and disqualified from being a director for ten years having been found guilty of two offences of making false and misleading statements to the market, and three offences of false accounting. Redcentric, an IT service provider and AIM-listed company, […]
Speech by Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision at the FCA, delivered at Rosenblatt’s European Market Structure conference on 3 March 2022. Speaker: Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision Location: Rosenblatt European Market Structure ConferenceDelivered on: 3 March 2022Note: this is the speech as drafted and may […]
The Financial Conduct Authority (FCA) is taking assertive action to tackle harm in the consumer investments market, as data published today shows it has stopped 1 in 4 firms from entering this market. The FCA is also urging consumers to be InvestSmart and ScamSmart, following an increase in the number of scams being reported to […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1100; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1195 and then resume moving downwards to reach 1.0885. Another signal in favour of a further downtrend will be a […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to rebound from 7/8 and then resume falling to reach the support at 5/8. However, this scenario may be cancelled […]
Gold prices rose in trading on Thursday, in conjunction with the continuing conflict between Russia and Ukraine, which boosted demand for the precious metal as a safe haven. Yesterday, Wednesday, gold prices ended down by more than $21, recording the first drop in 3 sessions, coinciding with the rise of the dollar and US stocks. […]
Type: Bearish DownsideKey Levels:Resistance: 33949Pivot: 33401Support: 32157Preferred Case:Price near pivot level of 33401 in line with 38.2% Fibonacci retracement and 38.2% Fibonacci retracement . Price can potentially dip to the 1st support level of 32157 in line with 100% Fibonacci extension and 50% Fibonacci retracement . Our bearish bias is supported by prices trading below […]
Type: Bullish ReversalKey Levels:Resistance: 18.97Pivot: 18.25Support: 18.03Preferred Case: Price has already broken out of descending trendline and thus we are seeing a bullish reversal. Price is near pivot level of 18.25 in line 23.6% Fibonacci retracement. We expect price to reversal upwards to the resistance level of 18.97 in line with 78.6% Fibonacci retracement and […]