Day: July 1, 2022

Jul 01
Treasury yields in the United States are falling as market prices reduce inflation.

Treasury yields in the United States are falling as market prices reduce inflation. On Friday, U.S. Treasury yields fell, with the breakeven rate on longer-dated inflation-protected bonds falling to nine-month lows, on market expectations that elevated U.S. consumer prices will fall close to the Federal Reserve’s inflation target. The yield on 10-year Treasury notes  fell […]

Jul 01
Oil prices rise 2%, and Brent crude is above $111

Oil prices rose by more than 2%, during trading today, Friday, July 1, 2022, to compensate for most of the losses witnessed in the previous session. The rise came after it eased during morning trading, as supply disruptions in Libya and the expected shutdown in Norway exceeded expectations that an economic slowdown could dampen demand. […]

Jul 01
Market Spotlight: GBPAUD Breakout On Watch

GBPAUD Looking to Breakout Price action in GBPAUD is looking interesting here. The pair has been in range formation for months now, caught between support at 1.7218 and resistance at 1.7811. However, each test of the support level has been accompanied by growing bullish divergence in momentum studies. The pair is now once again testing […]

Jul 01
Daily Market Outlook, July 1, 2022

Daily Market Outlook, July 1, 2022 Overnight Headlines US Stocks Suffer Sharpest First-Half Drop In More Than 50 Years Q2 Earnings Concerns Weigh On Risk Sentiment Bitcoin Pares Jump Amid Dip Buying In Hope Of Better Second Half Oil Heads For Worst Run Of Losses This Year On Recession Concern McConnell Threatens China Bill Over […]

Jul 01
What bear market? This token is quietly making new highs, up 300% against Bitcoin in 2022

Unus Sed Leo (LEO) has not only survived the crypto market bloodbath in the first half of 2022 but has actually posted major gains, bucking the big crypto crash. LEO beats crypto kingpin Bitcoin LEO, a utility token used across the iFinex ecosystem, finished the first half of 2022 against Bitcoin at 32,793 satoshis, up […]

Jul 01
U.S. stocks open slightly lower as third quarter begins

U.S. stocks opened lower on Friday ahead of a long holiday weekend as markets kicked off the second half of the year in the red. The Dow Jones Industrial Average DJIA, -0.57% dropped 54 points, or 0.2%, to 30,720. The S&P 500 SPX, -0.50% shed 4 points, or 0.1%, to 3,781. The Nasdaq Composite COMP, […]

Jul 01
Labour market recovery after the pandemic – Central Bank report

Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35.  Evidence that there are longer running trends that have encouraged women to remain part of […]

Jul 01
Central Bank of Ireland hosts inaugural meeting of the Climate Forum and publishes Sustainable Investment Charter

Climate Forum will meet twice yearly and brings together climate change experts, industry representative bodies, regulated firms, and Central Bank representatives. Central Bank also publishes its first Sustainable Investment Charter. Charter provides a guide to apply sustainable investment principles to the Central Bank’s investment assets. The Central Bank of Ireland has hosted the inaugural meeting […]

Jul 01
Statement – Post CEO Roundtable

The Central Bank of Ireland welcomes the statement from the Banking and Payments Federation Ireland (BPFI) following Tuesday’s CEO roundtable meeting, at which the retail banks set out the programme of work being undertaken by the sector to manage the migration of personal and business bank accounts. The work outlined focuses on the four areas […]

Jul 01
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent firm clones Fire Financial Services Limited T/A fire.com and Fire

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity has been claiming to be a retail credit firm in the State in the absence of an appropriate authorisation. In this instance the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firms in order to deceive consumers. […]