Day: August 31, 2022

Aug 31
Central Bank reinforces consumer protection expectations of regulated financial firms providing Direct Debit services

The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]

Aug 31
Statement on the publication of the Central Bank (Individual Accountability Framework) Bill 2022

The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]

Aug 31
Fiscal policy and planning for resilience

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 […]

Aug 31
Rowanmoor Personal Pensions enters administration

Rowanmoor Personal Pensions Limited (RPPL), is a Self-Invested Personal Pension (SIPP) operator authorised and regulated by the FCA. RPPL operates approximately 4,800 pensions, with assets under administration of £1.4bn. On 31 August 2022, RPPL’s directors appointed Adam Stephens and Chris Allen of Evelyn Partners LLP (Evelyn Partners) (formerly Smith & Williamson LLP) as joint administrators […]

Aug 31
President of Paraguay vetoes crypto regulation law

The bill was approved by the nation’s Senate in July as low-energy costs continue to boost mining activities in the country. 2890 Total views 39 Total shares Paraguay’s president, Mario Abdo Benítez, vetoed a bill that sought to recognize cryptocurrency mining as an industrial activity on Monday. He reasoned that mining’s high electricity consumption could […]

Aug 31
Mini DAX Futures (FDXM1!), H4 Potential For Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 13341Pivot: 13011Support: 12422 Preferred Case:On the H4, with price moving within a descending channel and below the ichimoku indicator, we have a bearish bias that price will drop from the pivot at 13011 where the pullback resistance is to the 1st support at 12422 where the swing low support, 61.8% […]

Aug 31
Micro Dow Jones Futures (MYM1!), H4 Potential For Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 32606Pivot: 31864Support: 30405 Preferred Case:On the H4, with price breaking the ascending trendline and moving below the ichimoku indicator, ,we have a bearish bias that price will drop from pivot at 31864 where the pullback resistance and 61.8% fibonacci retracement are to the 1st support at 30405 where the pullback […]

Aug 31
Busan City announces FTX partnership to build local exchange

South Korea’s ‘Blockchain’ city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry. 850 Total views 29 Total shares South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development. Sam Bankman-Fried’s FTX will assist in creating […]

Aug 31
The cryptocurrency market digest (BTC, ETH). Overview for 31.08.2022

The BTC recovered to $20,195 on Wednesday. Yesterday, the major cryptocurrency didn’t break its familiar range despite the fact that investors were selling it. The intermediate resistance lies at $20,350, and if the asset secures above it, there might be a pause in sales and the price might even rise to reach $21,000. To make […]

Aug 31
EURUSD remains neutral. Overview for 31.08.2022

EURUSD reached parity yesterday; investors are monitoring external background. The major currency pair is looking stable on Wednesday. The current quote for the instrument is 0.9984. So far, EURUSD has managed not to move far away from parity. Investors are keeping a close eye on the news. What is extremely important for the Euro is […]