Day: June 10, 2022
Freestone Acquisition, a special purpose acquisition company (SPAC), has filed Friday to withdraw its registration for an initial public offering, about a year after initially filing to go public. The SPAC had filed its S-1 Registration Statement on May 14, 2021 then set terms for the IPO on July 23, 2021, saying it planned to […]
Considering the fact that everything around it is falling, declining, and plunging, the BTC is doing a good job. On Friday, the major cryptocurrency is balancing at $30,075. The US stock market plummeted yesterday. The S&P 500 index broke 4,100 пунктов and may continue falling towards 3,600 if the conditions remain as questionable and disturbing […]
EURUSD, “Euro vs US Dollar” After expanding the consolidation range up to 1.0770 and then rebounding from this level EURUSD is forming a new descending wave with the target at 1.0585 or even extend this structure down to 1.0544. Later, the market may start another correction to reach 1.0660. GBPUSD, “Great Britain Pound vs US […]
Gold prices fell, during trading today, Friday, June 10, 2022, and are heading to record a slight weekly decline with the rise in US Treasury bond yields. This comes as investors await key monthly inflation data in the US, for clues about the future of the Federal Reserve’s monetary policy. Gold Prices Today The price […]
Central banks are beginning to use the phrase “more forceful” in one form or another in their communications related to policy tightening plans in order to curb inflation. For risk assets as well as for cyclical currencies this means continuing pressure. For the US currency, the consequences of such a trend in the policy are […]
Type: Bearish MomentumKey Levels:Resistance: 16821.5 Pivot: 16484.5Support: 15914.5Preferred Case:On the H4, with price moving below ichimoku cloud and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from the pivot at 16484.5 in line with the swing high and 100% fibonacci projection to the 1st support at 15914.5 […]
In a note on the internet sector, Goldman Sachs downgraded several stocks, moving Netflix NFLX, -5.15%, eBay EBAY, -3.00%, Roblox RBLX, -5.80% and Frontdoor FTDR, -3.83% to sell from neutral and GoodRx Holdings GDRX, -4.43% to neutral from buy. Analysts led by Eric Sheridan say they have concerns around the impact of a consumer recession […]
ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Retail Estates ,ISIN BE0003720340 on Euronext Brussels will re-open on 10/06/2022 at 09:00 CET. Source: FSMA
Speech by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer, at Money20/20 Amsterdam. Speaker: Jessica Rusu, Chief Data, Information and Intelligence OfficerEvent: Money 2020 AmsterdamDelivered: 8 June 2022Note: this is a drafted speech and may differ from the delivered version Highlights Can a regulator be innovative? Can regulation be written differently? And can the financial […]
TFS Loans Ltd (in administration) has been fined £811,900 by the Financial Conduct Authority (FCA) in relation to deficient affordability checks on 3,150 guarantors in its consumer credit business. The FCA has also imposed a requirement on TFS to redress the guarantors that were harmed by the firm not conducting appropriate checks. TFS offered guarantor […]
