Latest Market News

This opinion contains a number of proposals that the Commission deems would contribute to greater administrative simplification in the second pillar pensions for salaried workers. Read more in the opinion (available in French and Dutch only) Source: FSMA

Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at Financial Inclusion Virtual Summit 2022 Speaker: Sheldon Mills, Executive Director, Consumers and CompetitionEvent: Financial Inclusion Virtual Summit 2022Delivered: 31 May 2022Note: this is the speech as drafted and may differ from the delivered version Highlights Rising costs are impacting consumers and business and could create new challenges for financial […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami reversal pattern not far from the resistance area. At the moment, the asset is reversing in the form of a new descending impulse. In this case, the downside target may be the support level at 1815.00. At […]

USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, USDJPY is trading above the 200-day Moving Average to indicate a possible ascending tendency. In this case, the price is expected to test 6/8, break it, and then continue growing to reach the resistance at 7/8. However, this scenario may no longer be valid if […]

The Bank of Canada is expected to hike interest rate by 50 basis points at the meeting today, but it cannot be ruled out that the BoC will go for a more aggressive step – a 75 bp increase. Elsewhere, incoming data pointing to resilience of the US economy and signs of upward pressure in […]

Amazon Shares Rallying on Stock Split NewsShare in US online retailer Amazon are rebounding firmly this week. Tech stocks have been among the strongest beneficiaries of the rebound in equities recently. Amazon shares are now trading back above the mid-May highs, following a bounce off the 2073.07. Shares in the tech giant have been buoyed […]