Day: March 16, 2022

Mar 16
GIMV

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3 OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of GIMV, ISIN BE0003699130, on Euronext Brussels is suspended on the request of the company from 10/03/2016 at 09:49 CET until the publication of a press release. […]

Mar 16
Tigenix

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTORITY, PUBLISHED IN APPLICATION OF ARTICLE 7, § 3 OF THE LAW OF 2 AUGUST 2002 Trading in the financial instruments of Tigenix, ISIN BE0003864817, on Euronext Brussels is suspended from 10/03/2016 at 09:00 CET until the publication of a press release.   Source: FSMA

Mar 16
FCA to consult on use of ‘side pockets’ for retail funds with exposure to sanctioned and suspended Russian assets

The FCA has begun discussions with stakeholders about options to allow UK authorised retail funds to make exceptional use of ‘side pockets’ given the significant practical challenges in disposing of Russian and Belarusian assets in the context of suspensions and extensive global sanctions. Side pockets would potentially give authorised fund managers the option to separate […]

Mar 16
SD Taylor Limited (trading as ‘Loans at Home’) enters Administration

On 15 March 2022 SD Taylor Limited (trading as ‘Loans at Home’) was placed into administration. Chris Laverty, Trevor O’Sullivan and Andrew Charters of Grant Thornton UK LLP were appointed as Joint Administrators.   SD Taylor Limited is a high-cost lender. It offered home collected loans to customers with repayment periods between 14 and 63 […]

Mar 16
Oil futures settle more than 20% below recent highs to enter a bear market

Prices for the U.S. oil benchmark entered a bear market Tuesday after finishing more than 20% below their settlement of $123.70 a barrel on March 8, which was the highest finish since August 2008. Oil prices continued their selloff amid renewed COVID-related shutdowns in China, while peace talks continued between Russia and Ukraine, said Marshall […]

Mar 16
Biden signs into law new $1.5 trillion bill to fund U.S. government

Published: March 15, 2022 at 2:52 p.m. ET President Joe Biden on Tuesday afternoon signed into law a massive new bill that will fund the federal government for the remainder of the fiscal year and prevent a government shutdown, as well as further aid Ukraine. Earlier Tuesday, Biden administration officials continued their push for Congress […]

Mar 16
Sugar Futures (SBK2022), H4 Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 19.87Pivot: 18.92Support: 18.33Preferred Case:Price is near the pivot level of 18.92 in line with a 50% Fibonacci retracement. We expect price to move towards 1st resistance level of 19.87 in line with 161.8% Fibonacci extension, along with a swing high resistance. Alternative Scenario:Price may break our pivot structure and head for […]

Mar 16
ZB1! (10 Year T-bonds ) , H4 Bearish Drop

Type: Bullish RiseKey Levels:Resistance: 156’01Pivot: 150’15Support: 152’02Preferred Case:With price expected to bounce from the stochastic indicator, we have bullish bias that price will rise from our pivot of 150’15 in line with the horizontal swing low support to our 1st resistance of 156’01 in line with the horizontal pull back resistance and 50% Fibonacci retracement.Alternative […]

Mar 16
Biden Fed pick Raskin has withdrawn from being his nominee

Published: March 15, 2022 at 3:23 p.m. ET President Joe Biden’s pick for Federal Reserve vice chair for supervision, Sarah Bloom Raskin, has withdrawn from being his nominee, according to a source familiar with the matter. Analysts had said on Monday that Biden probably would need to come up with a new Fed pick after […]

Mar 16
How details on shrinking Fed’s almost $9 trillion balance sheet might shake up markets more than a rate hike on Wednesday

There’s the potential for a bigger market-moving development from the Federal Reserve than its widely expected quarter percentage point interest rate hike on Wednesday: fresh information about policy makers’ plans for reducing their almost $9 trillion balance sheet. B. of A. strategists Mark Cabana and Katie Craig, along with portfolio manager Thomas Graff of Brown […]