Day: May 23, 2022

May 23
Publication of financial reports: Federal Office of Justice imposes disciplinary fine on SLEEPZ AG

On 29 March 2022, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 euros on SLEEPZ AG. The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). SLEEPZ AG failed to submit its accounting documents for the financial […]

May 23
Publication of financial reports: Federal Office of Justice imposes disciplinary fine on SLEEPZ AG

On 29 March 2022, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 euros on SLEEPZ AG. The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). SLEEPZ AG failed to submit its consolidated accounting documents for the […]

May 23
FCA response to Amigo’s scheme being approved by the High Court

The High Court today approved Amigo Loans Limited scheme of arrangement (the scheme) to provide redress to customers who are due it for being mis-sold loans and who raise a complaint. The court-approved scheme is an improvement on last year’s failed proposal and has the support of the Independent Creditors Committee, which was set up […]

May 23
WEF 2022, May 23: Latest updates from the Cointelegraph Davos team

Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top). This year’s World Economic Forum marks the first in-person event since the start of the COVID-19 pandemic. Cointelegraph’s team is on the ground in Davos, […]

May 23
Gold closed higher Monday for third straight session

Gold futures edged higher Monday, booking a third session in a row of gains for the precious metal, as a soaring dollar pulled back from recent highs. Gold for June delivery GCM22, +0.45% GC00, +0.45% added $5.70, or 0.3%, to settle at $1,847.80 an ounce on Comex, after Friday snapping four straight weeks in a […]

May 23
Japanese Candlesticks Analysis 23.05.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.0675. However, an alternative scenario implies […]

May 23
The Pound is rising. Overview for 23.05.2022

GBPUSD is keeping its positive momentum and trying to get back to balance. The Pound sterling is moving away from its local lows against the USD. The current quote for the instrument is 1.2552. The statistics published last Friday showed that the Retail Sales in the United Kingdom gained 1.4% m/m in April after losing […]

May 23
Gold prices rise by 11 dollars with the decline of the US currency

Gold prices rose in trading on Monday to its highest level in more than a week, supported by the weakness of the dollar. The rise in gold prices came despite higher US Treasury yields, which limited gains in dollar-denominated bullion. Gold prices today The price of gold futures contracts – for delivery next August – […]

May 23
Oil prices rise 1%, and Brent crude is near $114

Oil prices rose about 1% during trading on Monday, with the increase in demand in the United States for fuel and the scarcity of supply. This comes as Shanghai, the economic capital of China, is happy to reopen its doors after a two-month closure; This has raised concerns about a sharp slowdown in growth. This […]

May 23
Market Spotlight: GBPCAD Bullish Reversal On Watch

GBPCAD Reversal Set UpPrice action in GBPCAD is looking very interesting here to play to the long side. Following a couple of really great short trades over the prior decline, the pair looks to have bottomed recently. The block of consolidation which formed over May saw strong bullish divergence on momentum studies. Price has since […]