Day: June 22, 2022
Statements First published: 22/06/2022 Last updated: 22/06/2022 The Financial Conduct Authority will pursue a re-trial of Stuart Bayes and Jonathan Swann for insider dealing offences. This follows the Court’s decision on 25 May 2022 to discharge the jury after they were unable to reach a verdict following an eight-week trial at Southwark Crown Court. The […]
The Financial Conduct Authority (FCA) has fined JLT Specialty Limited (JLTSL) £7,881,700 for financial crime control failings, which in one instance allowed bribery of over $3m to take place. JLTSL is based in the UK and provided insurance broking, risk management and insurance claims services. It was part of JLT Group plc, which had a […]
Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit. 2952 Total views 54 Total shares The cryptocurrency market entered a sell-off phase in the first week of June, seeing a market-wide route with the majority of cryptocurrencies falling to a 4-year low. The deteriorating […]
The Federal Reserve should make sure that its rate increases do not push Americans into the unemployment lines, said Sen. Elizabeth Warren, the Democrat from Massachusetts, on Wednesday. “Inflation is like an illness, and medicine needs to be tailored to the specific problem. Otherwise you could make things a lot worse,” Warren told Fed Chairman […]
The BTC just can’t break through sales. On Wednesday, the major cryptocurrency is falling towards $20,137 – the asset doesn’t look inspiring at all. Yesterday, while the US indices were rising, the BTC price was trying to reach $21,723. It is a common fact that there is a correlation between S&P 500/NASDAQ and the BTC. […]
EURUSD couldn’t keep its positive momentum – the asset is retreating. The major currency pair got under pressure again in the middle of the week. The current quote for the instrument is 1.0499. According to the BBVA, the US bond yield might continue rising until the moment the US Fed stops raising its benchmark interest […]
Oil prices are down 5%, and Brent crude is below $110 Oil prices fell, about 5%, during trading today, Wednesday, June 22, 2022, amid US President Joe Biden’s effort to reduce high fuel costs. The White House is putting pressure on America’s major energy companies; To help alleviate the suffering of drivers during peak summer […]
Type : Bearish Momentum Key Levels: Resistance : 61692 Pivot: 60565 Support : 59367 Preferred Case: On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60565 in line with the pullback resistance to the 1st support at 59367 in line with […]
Daily Market Outlook, June 22, 2022 Overnight Headlines UK inflation hits new 40 year high of 9.1% in May Asian Equity Markets Slide As Recession Angst Drives Tech Selling Bitcoin Sinks Again As Risk-Off Mood Returns On Recession Fears Biden To Call On Congress Wednesday To Pass A Gas Tax Holiday White House Economist Remains […]
The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing. 506 Total views 48 Total shares Goldenstone Acquisition Ltd, a special-purpose acquisition firm (SPAC), has announced plans to go public with blockchain-based payments firm Roxe Holding Inc. As per the Wednesday announcement, the SPAC […]