Latest Market News

Jul 07
U.K. Prime Minister Boris Johnson announces resignation as he chided party members for lack of support

U.K. Boris Johnson on Thursday said he would step down in a defiant address in which he talked of his administration’s achievements and noted his standings in the polls despite a difficult economic backdrop. “When the herd moves, it moves,” said Johnson of his fellow Conservative parliamentary members. He thanked voters for an “incredible mandate” […]

Jul 07
Bitcoin-friendly Próspera hits back at controversy in The Guardian

The leadership of the crypto-friendly charter city of Próspera in Honduras has hit back at reports it is facing a backlash from residents of the neighboring community of Crawfish Rock over its expansion plans. A Tuesday article from The Guardian reported the special economic zone, touted as an island paradise with low taxes/fiscal responsibility, luxury […]

Jul 07
Pound rises as BBC reports embattled U.K. Prime Minister to resign

The British pound rose early Thursday as the BBC and other U.K. media reported that Prime Minister Boris Johnson is expected to resign imminently. The pound GBPUSD, +0.56% rose 0.4% to $1.1978, in a week that has thus far seen dozens of Conservative cabinet members resign in protest over Johnson’s flip-flopping around a sexual harrassment […]

Jul 07
New lows in EURUSD. Overview for 07.07.2022

EURUSD updated its 20-year “bottom” again. The major currency pair remained weak on Thursday. The current quote for the instrument is 1.0186. Investors continue escaping the risks of a recession and it’s already not important how fast the economy will go down. They have already included all their emotions and sentiments in the prices.  The […]

Jul 07
Ichimoku Cloud Analysis 07.07.2022 (AUDUSD, BRENT, USDCAD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6820 and then resume moving downwards to reach 0.6575. Another signal in favour of a further downtrend […]

Jul 07
Labour market recovery after the pandemic – Central Bank report

Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35.  Evidence that there are longer running trends that have encouraged women to remain part of […]