Day: July 26, 2022
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Natural-gas futures climbed on Tuesday to settle at their highest since June 7, according to Dow Jones Market Data. Prices continued to find support after reports that Russian state-owned energy producer Gazprom’s natural-gas exports through the Nord Stream pipeline to Germany would drop by half. August natural gas NGQ22, +1.65% rose 27 cents, or nearly […]
Grill maker Traeger Inc. COOK, -6.88% was downgraded to neutral from outperform at Credit Suisse, with analysts saying that recent news from both Traeger and rival Weber Inc. WEBR, -4.73% “suggest a soft start to the summer selling season and more importantly, dampened consumer sentiment.” Credit Suisse cut Traeger’s price target to $4 from $8. […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 1.0200. Possibly, the pair may expand the range up to 1.0260. However, according to the main scenario, the instrument is expected to break the range to the downside and start another decline to reach 1.0140. If later the price breaks this level as well, the […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it, thus indicating an ascending tendency. In this case, the price is expected to break 1/8 and continue growing to reach the resistance at 2/8. However, this scenario may no longer be valid if the […]
Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more […]
The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse. Source: Cointelegraph
Shopify Inc. SHOP, -15.51% is planning to lay off around 10% of its workforce as it admits that e-commerce growth hasn’t continued as robustly as expected. The Wall Street Journal first reported the news Tuesday, citing a memo to staffers. Shopify confirmed the details in a blog post. The layoffs are expected across the company […]
At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points. This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]
Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]
