Latest Market News

Jun 30
Gold prices are marginally declining and heading to record monthly and quarterly losses

Gold prices marginally declined during trading today, Thursday, June 30, 2022, and are heading to record the worst quarterly performance since early 2021. The strong performance of the dollar has kept investors away from bullion, amid moves by major central banks to adopt strict tactics to fight inflation. Gold Prices Today The price of gold […]

Jun 30
Market Spotlight: Amazon Threatening to Break Lower?

Amazon Heading Lower?Price action in Amazon shares is starting to look very precarious for the company. Price has recently been trading lower within a well-defined bearish channel and while the downtrend is currently stalled along support at the 100.55 level, price looks to be forming an interim head & shoulders pattern, suggesting scope for a […]

Jun 30
Hawkish Risks Build Ahead of July ECB

ECB Ups The AnteThe ECB’s message on inflation took a more aggressive turn yesterday, flagging clear hawkish risks into the July ECB meeting in coming weeks. Speaking during the ECB’s Sintra Forum (which continues today), Lagarde noted that, in the eurozone, “Inflation pressures are broadening and intensifying,” going on to say that CPI is “undesirably […]

Jun 30
Ethereum $1K price support in danger as Q2 comes to a close

Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines heading into Q3. ETH price breakdown underway ETH’s price plunged nearly 5% this June 30 to $1,044 following a […]

Jun 30
All 30 Dow stocks are falling, with Goldman Sachs and Salesforce the biggest drags

The Dow Jones Industrial Average’s DJIA, -1.82% is suffering a unanimous decline of 480 points, or 1.6%, as all 30 of the blue-chip barometer’s components are trading lower. The biggest point drags are the shares of Salesforce Inc. CRM, -5.33%, which are losing $8.05, or 4.7%, and of Goldman Sachs Group Inc. GS, -3.58%, which […]

Jun 30
FCA resolves High Court proceedings in relation to unauthorised deposit taking

Home News FCA resolves High Court proceedings in relation to unauthorised deposit taking Mr Mohammed Kabir has agreed to orders to resolve proceedings brought by the Financial Conduct Authority (FCA) relating to an unauthorised deposit taking scheme operated by Bright Managment Solution Limited [sic] (Bright Management) which has avoided a trial that was due to […]