Latest Market News

Jun 23
Gold futures tally a third straight session decline

Gold futures ended slightly lower on Wednesday, with prices for the precious metal down a third straight session. Traders and investors are focused on inflation and energy prices, said Chintan Karnani, director of research at Insignia Consultants. However, a “near recession outlook for the second half of the year can cause a pause in interest-rate […]

Jun 23
DeFi summer 3.0? Uniswap overtakes Ethereum on fees, DeFi outperforms

Decentralized exchange (DEX) Uniswap has overtaken its host blockchain Ethereum in terms of fees paid over a seven-day rolling average. The surge appears part of a recent spate of high demand for DeFi amid the current bear market. Decentralized finance (DeFi) platforms such as AAVE and Synthetix have seen surges in fees paid over the […]

Jun 23
Biden official won’t rule out ban on fuel exports

U.S. Energy Secretary Jennifer Granholm didn’t rule out banning fuel exports as she took questions from reporters during a briefing on Wednesday. President Joe Biden is “not proposing that at this moment, but he’s not willing to take tools off the table,” said Granholm, who is slated to meet with major U.S. refiners on Thursday. […]

Jun 23
S&P 500 is Again in the red and more Downside Seems Likely

Risk assets traded in the red on Wednesday, with the dollar rebounding from its recent short-term downtrend as debates about impending recession successfully enters the mainstream. Several large investment banks have already estimated the chances of a recession starting from the 4th quarter of 2022 at more than 50%, which, against the backdrop of the […]

Jun 23
AUDUSD, H4 | Potential Bearish Continuation, 22nd June

Type: Bearish ReversalKey Levels:Resistance: 0.70428 Pivot: 0.70428 Support: 0.68501Preferred Case:On the H4, with price moving below the icihimoku cloud and in a descending trendline, we have a bearish bias that price will continue to drop from the pivot at 0.70428 in line with the 61.8% fibonacci projection to the 1st support at 0.68501 at the […]

Jun 23
Second Employers’ Liability, Public Liability and Commercial Property Insurance Report of the NCID published

Report provides key statistics on employers’ liability, public liability, and commercial property insurance in Ireland; including data on claims costs and settlement channels. On average, employers’ liability and public liability claims settled through litigation cost more and take longer to settle than claims settled directly or via the PIAB. Insurers’ income and expenditure on Employers’ […]