Day: June 1, 2022
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 participants who make their living working with New Brunswickers’ money. These industry participants handle more […]
Bitcoin (BTC) and the wider cryptocurrency market are taking a breather after the rally on May 31. Meanwhile, most altcoins remain severely oversold, with most between 70% and 90% below their all-time highs. Total altcoin index capitalization What is clear is that fear is everywhere and blood is in the water. Risk-on markets are suffering […]
PVH Corp. PVH, +0.34% rose more than 4% in the extended session Wednesday after the parent company of Calvin Klein and Tommy Hilfiger reported better-than-expected quarterly sales. PVH said it earned $133 million, or $1.94 a share, in the first quarter, compared with $100 million, or $1.38 a share, in the year-ago period. Revenue rose […]
Bitcoin (BTC) has made a tentative start to the month of June, suggesting that bears have not gone into hibernation just yet. Although Bitcoin is trading nearly 55% off its all-time high of $69,000, whales and institutions remain cautious and have not jumped into the market with gusto, according to BlockTrends analyst Caue Oliveira. According […]
All three major U.S. stock benchmarks closed lower Wednesday, amid fresh economic data showing manufacturing activity rose in May and as remarks by Federal Reserve officials reinforced expectations the central bank will continue to aggressively tighten monetary policy. The Dow Jones Industrial Average DJIA, -0.54% slipped about 0.5%, while the S&P 500 SPX, -0.75% fell […]
This opinion contains a number of proposals that the Commission deems would contribute to greater administrative simplification in the second pillar pensions for salaried workers. Read more in the opinion (available in French and Dutch only) Source: FSMA
Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at Financial Inclusion Virtual Summit 2022 Speaker: Sheldon Mills, Executive Director, Consumers and CompetitionEvent: Financial Inclusion Virtual Summit 2022Delivered: 31 May 2022Note: this is the speech as drafted and may differ from the delivered version Highlights Rising costs are impacting consumers and business and could create new challenges for financial […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami reversal pattern not far from the resistance area. At the moment, the asset is reversing in the form of a new descending impulse. In this case, the downside target may be the support level at 1815.00. At […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to test 6/8, break it, and then continue growing to reach the resistance at 7/8. However, this scenario may no longer be valid if […]
The Bank of Canada is expected to hike interest rate by 50 basis points at the meeting today, but it cannot be ruled out that the BoC will go for a more aggressive step – a 75 bp increase. Elsewhere, incoming data pointing to resilience of the US economy and signs of upward pressure in […]
