Day: April 20, 2022

Apr 20
Russian tax authority proposes using crypto as a foreign trade payment tool

The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration. 784 Total views 36 Total shares Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally. On […]

Apr 20
Farfetch jumps into the beauty business

Tonya Garcia is a MarketWatch reporter covering retail and consumer-oriented companies. You can follow her on Twitter @tgarcianyc. She is based in New York. Tonya joined MarketWatch from Moguldom Media, where she was business editor for MadameNoire, a website targeting African-American women with a range of content from personal finance to economics, politics, education and […]

Apr 20
More volatile than Bitcoin? Netflix shares plunge 25%

The streaming service’s stock price took a major hit after releasing disappointing user numbers, making some in the crypto community cry foul at the volatility. 2708 Total views 35 Total shares The stock market has once again made crypto look stable by comparison with the Netflix stock price dropping 25% in after-hours trading tod. The […]

Apr 20
Raymond James upgrades Dow component Travelers to market perform

Raymond James on Wednesday lifted its rating on Travelers Cos. Inc. TRV, -4.89% to market perform from underperform after the component of the Dow Jones Industrial Average DJIA, +1.45% posted better-than-expected earnings. The insurer on Tuesday reported adjusted first-quarter earnings of $4.22 a share, well ahead of the $3.61 FactSet consensus. Revenue rose 6% to […]

Apr 20
FCA finalises proposals to boost disclosure of diversity on listed company boards and executive committees

Home News FCA finalises proposals to boost disclosure of diversity on listed company boards and executive committees The FCA has finalised rules requiring listed companies to report information and disclose against targets on the representation of women and ethnic minorities on their boards and executive management, making it easier for investors to see the diversity […]

Apr 20
The Pound can avoid another plunge. Overview for 20.04.2022

GBPUSD remains under pressure; the Pound sterling is taking any opportunity to reach stability. The British Pound is taking severe damage from the USD attack and is using every single opportunity to recover. The current quote for the instrument is 1.3023. The lack of any important macroeconomic data from the United Kingdom makes the “greenback” […]

Apr 20
The USD retreated. Overview for 20.04.2022

EURUSD managed to recover a little bit after plummeting last week.  The major currency pair reached stability after plunging earlier. The current quote for the instrument is 1.0809. Last week’s low was 1.0756. The currency market remained calm yesterday after the Easter holidays and investors were slowly getting back to their normal style of life […]

Apr 20
Investment Bank Outlook 19-04-2022

CIBCFX Flows$YEN pushed above 127.00, a level that held well over the North American session, it may have been a small barrier option. Move up was believed to be caused by Fed Res Bullard’s remark that we shouldn’t rule out rate increases of 75 bps. Bullard is a voter this year and considered the most […]

Apr 20
Daily Market Outlook, April 19, 2022

Daily Market Outlook, April 19, 2022 Overnight Headlines Russia Unleashes Offensive On Ukraine, Ushering In New Phase Fed’s Bullard: A 75 Basis-Point Hike Could Be Option If Needed Yellen To Attend G-20 Sessions As US Retreats On Boycott Idea Goldman Sachs Sees US Recession Odds At 35% In Next 2 Years Macron’s Lead Over Le […]

Apr 20
Monero’s crypto of choice as ransomware ‘double extortion’ attacks increase 500%

A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment, as more criminal groups want only XMR. 2490 Total views 65 Total shares A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the […]