Day: July 15, 2022

Jul 15
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 15
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 15
FCA fines The TJM Partnership Limited (in liquidation) £2 million for serious financial crime control failings in relation to cum-ex trading

The FCA has fined The TJM Partnership Limited (in liquidation) £2,038,700 for failing to ensure it had effective systems and controls to identify and reduce the risk of financial crime and money laundering in its business. This is the third case brought by the FCA in relation to cum-ex trading and the largest fine so […]

Jul 15
Gold prices are falling and heading for weekly losses

Gold prices declined during trading today, Friday, July 15, 2022, to continue their path of the fifth consecutive weekly decline. The continued rise in the dollar and fears of higher US interest rates affected the demand for the yellow metal. Gold Prices Today The price of gold futures contracts for August delivery decreased by 0.21%, […]

Jul 15
Oil prices rise 1%, and Brent crude is above $101

Oil prices rose by more than 1%, during trading today, Friday, July 15, 2022, after US statements that an immediate increase in Saudi oil production is not expected, following US President Joe Biden’s visit to the Kingdom. This comes with further support from indications that the US Federal Reserve may raise interest rates less sharply […]

Jul 15
Daily Market Outlook, July 15, 2022

Daily Market Outlook, July 15, 2022 Overnight Headlines China’s Economy Expands At Slowest Pace Since Wuhan Outbreak China Renews Medium-Term Policy Loans, Rate Unchanged Fed Hawks Say They Want 75 Basis Point Rate Hike In July Fed’s Waller Says 75bps Rate Hike Is His Base Case For July Fed’s Bullard Favours 75bps Hike At July […]

Jul 15
AUSTRALIAN DOLLAR FUTURES (6A1!), H4 Potential For Bearish Drop

Type: Bearish Momentum Key Levels:Resistance: 0.67660Pivot: 0.67175Support: 0.66485 Preferred Case:On the H4, with RSI moving along the descending trendline and price moving along the descending trendline, we have a bearish bias that price will drop to the pivot at 0.67175 where the 127.2% fibonacci extension , 100% fibonacci projection and swing low support are. Once […]

Jul 15
Palladium Wave Analysis – 15 July, 2022

• Palladium under bearish pressure • Likely to fall to support level 1765.00 Palladium under the bearish pressure after the price broke the support level 1900.00 intersecting with the support trendline of the daily up channel from the middle of June. The breakout of this up channel accelerated the active minor impulse wave 3 from […]

Jul 15
EURJPY Wave Analysis – 15 July, 2022

• EURJPY reversed from support level 138.00 • Likely to rise to resistance level 140.00 EURJPY currency pair recently reversed up with the Bullish Engulfing from the key support level 138.00, standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from May. The upward reversal from the support […]

Jul 15
Bitcoin whales still ‘hibernating’ as BTC price nears $21K

Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to just tap the $21,000 mark […]