Day: June 30, 2022
Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium. 693 Total views 33 Total shares On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their […]
Gold futures marked a fourth straight session decline on Thursday, ending more than 2% lower for the month, according to FactSet data. A “strong U.S. dollar and rising interest-rate expectations continue to weigh on the precious metal, with the metal once again unable to benefit from the ongoing risk aversion in the markets,” said Fawad […]
The Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July. 1977 Total views 81 Total shares Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF). Jacobi Asset Management, a London-based digital asset management platform, […]
The U.S.-listed shares of Vipshop Holdings Ltd. VIPS, -4.92% sank 5.7% in morning trading Thursday, and have now tumbled TK% amid a four-day losing streak, after disclosing that a large shareholder, JD.com Inc. JD, -0.72%, sold off a chunk of its holdings in the past week. JD.com’s stock fell 2.0% in morning trading. In an […]
GBPUSD took a break after a couple of days of plummeting. The Pound sterling stopped falling against the USD. The current quote for the instrument is 1.2135. First of all, the Pound is under domestic pressure – the United Kingdom has just survived the most significant rail strike in 30 years. However, labour unions aren’t […]
EURUSD plunged in the last 24 hours – the asset remains under pressure. The major currency pair is moving hesitantly on Thursday. The current quote for the instrument is 1.0439. The US GDP Q1 report published yesterday showed -1.6% y/y, which is worse than the expected reading of -1.5% y/y. The components of the report […]
Gold prices marginally declined during trading today, Thursday, June 30, 2022, and are heading to record the worst quarterly performance since early 2021. The strong performance of the dollar has kept investors away from bullion, amid moves by major central banks to adopt strict tactics to fight inflation. Gold Prices Today The price of gold […]
Amazon Heading Lower?Price action in Amazon shares is starting to look very precarious for the company. Price has recently been trading lower within a well-defined bearish channel and while the downtrend is currently stalled along support at the 100.55 level, price looks to be forming an interim head & shoulders pattern, suggesting scope for a […]
ECB Ups The AnteThe ECB’s message on inflation took a more aggressive turn yesterday, flagging clear hawkish risks into the July ECB meeting in coming weeks. Speaking during the ECB’s Sintra Forum (which continues today), Lagarde noted that, in the eurozone, “Inflation pressures are broadening and intensifying,” going on to say that CPI is “undesirably […]
Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines heading into Q3. ETH price breakdown underway ETH’s price plunged nearly 5% this June 30 to $1,044 following a […]
