Day: August 9, 2022
The Joint Regulatory Oversight Committee (JROC), a cross-authority taskforce responsible for, among other things, thinking about the future vision and governance of open banking, has announced the set-up of a strategic working group (SWG). The committee believes there is potential to build on the progress of open banking, to drive further benefits for consumers and businesses, […]
Korean experts believe that crypto would play a major role in the gaming ecosystem, and within the next three years, the majority of games might have an in-game crypto economy. 497 Total views 29 Total shares South Korea is considered the fourth biggest gaming market and one of the biggest blockchain adopters. However, the country […]
Shares of video gaming software company Unity Software Inc. U, +3.86% rallied 11.0% in premarket trading, while Applovin Corp.’s stock APP, -12.41% tumbled 10.0%, after Applovin said it submitted and unsolicited bid to buy Unity in an all-stock deal with an enterprise value of $20 billion. Under terms of the deal, marketing software company Applovin […]
Daily Market Outlook, August 9, 2022 Overnight Headlines NY Fed: Inflation Expectations Decline Across All Horizons US Dollar Loiters Off Highs As Traders Eye Upcoming CPI Citi: Fed Could Approve 100 Bps Rate Hike After Jobs Shocker EU Puts Forward ‘Final’ Text To Resurrect Iran Nuclear Deal UK Retail Sales Growth Fails To Keep Pace […]
European equities hold in green while S&P 500 futures consolidate near the June high (4200 points) ahead of a possible breakout, as the strong labor market report on Friday reduced uncertainty in growth forecasts of the US economy with optimism over US growth propagating to other key economies. Despite half a million new jobs in […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
EURUSD remains neutral while investors are saving strengths. The major currency pair is looking stable on Tuesday. The current quote for the instrument is 1.0200. It feels like EURUSD is on a holiday – the market volatility is almost zero. It happens, although not so often. In this particular case, the summer spleen meets the […]
EURUSD, “Euro vs US Dollar” EURUSD is stuck inside the Triangle pattern. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0215 and then resume moving downwards to reach 1.0095. Another signal in favour of a further […]
Sky Mavis co-founder and growth lead Jeffrey Zirlin says Axie Infinity wants to double down in South Korea, which they see as one of the most important gaming markets in the world. 1317 Total views 26 Total shares Sky Mavis, the firm behind play-to-earn (P2E) heavyweight Axie Infinity is looking to “double down” in South […]
Micron Technology MU, -1.62% said it was planning to invest $40 billion through the end of the decade and create as many as 40,000 jobs in what it called the largest-ever investment in U.S. memory chip manufacturing. Micron said it’ll use grants and credits made possible by the CHIPS and Science Act and begin production […]