Day: July 20, 2022

Jul 20
WeTrade surges in volatile trading after uplisting to Nasdaq

Shares of WeTrade Group Inc. WETG, +67.92% ran up 12.1% in volatile trading Tuesday, after the China-based developer of ecommerce platforms for microbusinesses debuted on the Nasdaq exchange, and announced the pricing of its $40 million stock offering. The stock was uplisted to the Nasdaq Capital Market as of Tuesday, after previously trading over the […]

Jul 20
Investment Bank Outlook 20-07-2022

Credit Agricole Assessing the short-term EUR/USD risks The near-term outlook for EUR/USD tends to be dominated by the EUR-USD short-term rate spread, the peripheral yield spread to Bunds as well as the EUR/USD box yield spread and the performance of the Eurozone stock market relative to the US. We therefore assess the magnitude of the […]

Jul 20
USDJPY, H4 | Potential Bullish Continuation

Type: Bullish Bounce Key Levels:Resistance: 139.417Pivot: 137.751Support: 136.695 Preferred Case:On the H4, with price moving above the ichimoku indicator and along the ascending trendline, we have a bullish bias that price will rise to our 1st resistance at 139.417 where the 61.8% fibonacci projection and swing high resistance are from our pivot at 137.751 in […]

Jul 20
Bitcoin’s longest ‘extreme fear’ streak finally breaks

After 73 days of “extreme fear” on the Crypto Fear and Greed Index, investors can breathe a very small sigh of relief. 5422 Total views 6 Total shares Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in BTC as bulls make their […]

Jul 20
Oil prices settle higher, supported by signs of tighter supplies

Oil futures finished higher on Tuesday, shaking off earlier losses as concerns over the Organization of the Petroleum Exporting Countries’ inability to significantly raise production and talk of more U.S. restrictions on fossil fuels created an environment for higher oil prices, said Phil Flynn, senior market analyst at The Price Futures Group. Some expectations for […]

Jul 20
Challenges and opportunities for a financial services ecosystem in transition – Makhlouf

Governor of the Central Bank of Ireland Gabriel Makhlouf spoke this afternoon about current trends in the Irish, German and Eurozone economies, as well as opportunities and challenges in the financial system at an event hosted by the Consulate General of Ireland and IHK Frankfurt, in partnership with Verband der Auslandsbanken in Frankfurt, Europa Union […]

Jul 20
Remarks by Governor Gabriel Makhlouf at Consulate General of Ireland and IHK Frankfurt event

It is a pleasure to address you today. I would particularly like to thank our Consul General Anne-Marie Flynn for organising this event.1 German – Irish economic relationship Ireland and Germany have excellent relations, politically, culturally and economically. These relations have been documented as far back as the 7th century.   When reading about the relationship, […]

Jul 20
Transcript of Governor Gabriel Makhlouf’s interview with Niall Brady, The Sunday Times

Interview with Governor Makhlouf conducted 16 June 2022 Niall Brady: Okay, well listen thanks again for taking the time to talk to me.  You had a very busy week, from what I see yesterday was a busy day for you.  Gabriel Makhlouf: I’ve had a busy fortnight.  Niall Brady: Really?  Why a busy fortnight Gabriel […]

Jul 20
Central Bank Governor visits Tipperary to meet businesses and students

Governor of the Central Bank of Ireland Gabriel Makhlouf met with businesses and students from Tipperary yesterday during his day-long visit.  Governor Makhlouf met with local entrepreneurs, staff and Government agencies at Tipperary Technology Park, where conversations included the importance of local digital hubs and local economic development in a hybrid working world recovering from […]

Jul 20
Recurrent property taxes may help to reduce house price volatility

Central Bank Economic Letter finds that recurrent property taxes can, over time, help to mitigate downside risks to house prices. Such taxes may also provide a stable source of revenue for government, as they are less likely to be affected by the economic cycle. Revenue from recurrent property taxes, as a proportion of national income, […]