Day: July 16, 2022
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 […]
Well, we’re getting nicely into the summer months now but trading is far from the typical quiet action we see over the summer. This week we’ve had plenty of noteworthy moves once again and, talking with traders ahead of the weekend, it seems the big move everyone is focused on is the breakout in the […]
Pump-and-dump in crypto is an orchestrated fraud that involves misleading investors into purchasing artificially inflated tokens — typically marketed and hyped by paying celebrities and social influencers. 3586 Total views 33 Total shares Educating oneself about the crypto ecosystem is crucial for investors to pursue during a bear market while awaiting a bull cycle. That […]
Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June, or step up their inflation-fighting campaign with a full point hike —- something that hasn’t been seen in the past 40 years. Friday’s economic data, which […]
On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. 804 Total views 5 Total shares The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee […]
Shares of 10x Genomics Inc. TGX, -4.32% plunged 22.3% in active morning trading Friday, putting them on track to suffer a record one-day drop to a record low Friday, after the biotechnology company’s revenue warning prompted BofA Securities analyst Derik de Bruin to turn bearish. Trading volume was 3.9 million shares, already about triple the […]
U.S. business inventories rose 1.4% in May, the government said Friday. Sales rose 0.7% in the month. An increase in inventories adds to gross domestic product and is usually a sign of an expanding economy. The ratio of inventories to sales, meanwhile, edged up to 1.30 from 1.29 in April and 1.27 a year ago. […]
Type: Bearish Momentum Key Levels:Resistance: 823’4Pivot: 786’4Support: 736’7 Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop to the pivot at 786’4 where the swing low support and 100% fibonacci projection are. Once there is downside confirmation of price breaking pivot structure, we would […]
Retail Sales Up Next On the back of Wednesday’s feverish US inflation report and subsequent hawkish comments from Fed’s Waller yesterday, traders are now keenly awaiting the release of US June retail sales later today. Given its role in calculating overall GDP, retail sales are a vital indicator of the health of the economy and, […]
President Joe Biden said in a statement on Friday that action on climate change and clean energy “remains more urgent than ever,” after key Democratic Sen. Joe Manchin of West Virginia said he opposes including climate or energy provisions in the party’s budget package. “If the Senate will not move to tackle the climate crisis […]
