Day: July 30, 2022

Jul 30
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 30
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 30
EU Inflation Breaks to a New High, Driving Higher Recession Risks

Annual inflation in the Eurozone in July accelerated to 8.9%, showed a report released on Friday. This is a new all-time high. In June, inflation was 8.6% and in May, 8.1%. Inflation in the Eurozone has been breaking the record for the ninth month in a row. In July, it beat consensus of 8.6% and […]

Jul 30
GBPUSD, H4 | Potential Bullish Continuation

Type: Bullish Bounce Key Levels:Resistance: 1.23243Pivot: 1.21615Support: 1.2059 Preferred Case:On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 1.21615 where the pullback support is to the 1st resistance at 1.23243 where the swing high resistance and […]

Jul 30
Deposits at non-bank entities, including crypto firms, are not insured — FDIC

The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies. 1767 Total views 34 Total shares The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure assets issued by non-bank […]

Jul 30
Cannabis company Tilray downgraded to sell by Benchmark

Benchmark analyst Mike Hickey on Friday downgraded Tilray Brands Inc. TLRY, to sell and set a price target of $3 a share after the cannabis company disclosed retail market share losses in Canada to 8.3% in its fiscal fourth quarter, from 10.2% in the third quarter and 12.8% in the second quarter. “We are not […]

Jul 30
Dubai permits full operation to FTX subsidiary FZE via first MVP license

According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets. 830 Total views 26 Total shares On Friday, FZE, a subsidiary of crypto exchange FTX, was awarded Dubai’s first Minimal Viable Product (MVP) license, allowing full operation of the exchange in the region.  Dubai’s Virtual […]

Jul 30
U.S. stocks trade higher as S&P 500 heads for its best month since November 2020

U.S. stocks are trading higher Friday morning, with all three major benchmarks heading for weekly gains as investors weigh the latest inflation reading as well as earnings results from Apple Inc. and Amazon.com Inc. The Dow Jones Industrial Average DJIA, +0.97% was trading up 0.1% soon after the opening bell, while the S&P 500 SPX, […]

Jul 30
Positivity blazing through a bear market: Blockchain Economy Istanbul 2022

Held at Hilton Bomonti, a fancy hotel next to a renovated and repurposed beer factory in Istanbul, the fourth iteration of the Blockchain Economy Summit 2022 (BE2022) proved to be a significant step-up compared to its pre-pandemic predecessors. The previous summit, BE2020, was held at the WOW Convention Center two years back. In addition to […]

Jul 30
TrueCar sees more incentives to buy new cars in July for first time in nearly 20 months as affordability declined

TrueCar Inc. TRUE, -1.53%, the online used and new car buying and selling company, said it expects total new vehicle sales of 1.12 million vehicles in July, down 10% from a year ago and down 2% from June, when adjusted for the same number of selling days. The company also estimates the seasonally adjusted annualized […]