Day: July 7, 2022

Jul 07
Federal Court Orders Texas Unregistered Commodity Pool Operator to Pay More Than $13 Million for Commodity Fraud

July 07, 2022 Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Western District of Texas entered a consent order on July 6, imposing monetary sanctions against David Seibert, most recently of Lakeway, Texas. The order resolves a CFTC action filed on September 10, 2020, and follows a September […]

Jul 07
EIA reports a more than 8 million-barrel weekly rise in U.S. crude supplies, but product stocks fall

Published: July 7, 2022 at 11:11 a.m. ET The Energy Information Administration on Thursday reported that U.S. crude inventories climbed by 8.2 million barrels for the week ended July 1. On average, analysts expected a fall of 1.2 million barrels, according to a poll conducted by S&P Global Commodity Insights. Data were delayed by a […]

Jul 07
Newsletter: New status of ‘subagent in training’

Since 1 January 2022, you can carry out (re)insurance intermediation as a ‘subagent in training’. This new status offers the solution for starting up the activity of (re)insurance distribution under the legal status of a self-employed person. A ‘subagent in training’ is a (re)insurance subagent who meets all the conditions for registration, including as regards […]

Jul 07
Agreed settlement – Guy De Vreese

This press release is not available in English. Please consult the French or Dutch site. Source: FSMA

Jul 07
The Yen may drop. Overview for 07.07.2022

USDJPY is preparing a new attack on the highs. The Japanese Yen is slowly falling against the USD. The current quote for the instrument is 136.16. The statistics published by Japan in the morning showed that the Leading Economic Index dropped to 101.4 points in May after being 102.8 points the month before. The Coincident […]

Jul 07
Japanese Candlesticks Analysis 07.07.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the resistance level, USDCAD may reverse in the form of another correctional impulse. In this case, the downside correctional target may be the support area at 1.2980. Later, the market may rebound from […]

Jul 07
Oil prices rise .. Brent crude above 101 dollars

Oil prices rose, during trading today, Thursday, July 7, 2022, to regain some of the large losses incurred during the previous two sessions. Investors refocused on limited supplies, in conjunction with continuing fears of a global recession, after inflation in most countries of the world hit record levels. Oil prices today The price of the […]

Jul 07
Dow up over 200 points as stocks open higher

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch

Jul 07
U.K. Prime Minister Boris Johnson announces resignation as he chided party members for lack of support

U.K. Boris Johnson on Thursday said he would step down in a defiant address in which he talked of his administration’s achievements and noted his standings in the polls despite a difficult economic backdrop. “When the herd moves, it moves,” said Johnson of his fellow Conservative parliamentary members. He thanked voters for an “incredible mandate” […]

Jul 07
Bitcoin-friendly Próspera hits back at controversy in The Guardian

The leadership of the crypto-friendly charter city of Próspera in Honduras has hit back at reports it is facing a backlash from residents of the neighboring community of Crawfish Rock over its expansion plans. A Tuesday article from The Guardian reported the special economic zone, touted as an island paradise with low taxes/fiscal responsibility, luxury […]