Day: August 30, 2022

Aug 30
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

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 […]

Aug 30
Binance Aus ramping up measures to protect vulnerable users, says CEO

The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities. 428 Total views 5 Total shares Binance Australia is tightening up its onboarding process for new users as part of a push to protect users it’s flagged as most vulnerable […]

Aug 30
‘Most of crypto is still junk’ and lacks use case — JPMorgan blockchain head

JPMorgan’s Umar Farooq said that use cases haven’t arisen fully and regulation hasn’t yet caught up. 320 Total views 19 Total shares The head of JPMorgan’s digital assets unit Umar Farooq has suggestedthat most of the crypto assets on the market are “junk” and that real crypto use cases are yet to fully present themselves. […]

Aug 30
Ripple counsel: SEC’s shakedowns leave consumers holding the bag

The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space. 536 Total views 6 Total shares Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator’s […]

Aug 30
DAX INDEX FUTURES (FDAX1!), H4 Potential For Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 13344Pivot: 12996Support: 12370 Preferred Case:On the H4, with price breaking out of an ascending channel and moving below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 12996 where the pullback resistance is to the 1st support at 12370 where the swing low support […]

Aug 30
Hawkish ECB Hints in Jackson Hole Help the EURUSD to Regain Ground Above Parity

The Eurozone money markets on Monday point to a sharp strengthening of expectations that the ECB will raise rates by 75 basis points in September, as the ECB officials signaled over the weekend that they were ready to take a drastic step to quell inflation. Among the ECB representatives who spoke at the Jackson Hole […]