Latest Market News
U.S. Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18. 1160 Total views 42 Total shares The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two senators flagging some issues in Fidelity Investments’ plans to […]
Shares of two China-focused exchange-traded funds were down sharply Thursday morning, adding to steep losses this year, as U.S. Secretary of State Antony Blinken reportedly plans to affirm that China is the biggest rival of the United States despite so much global attention on the Russia-Ukraine war. Blinken had been scheduled to speak Thursday on […]
Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at the Building Societies Annual Conference. Speaker: Sheldon Mills, Executive Director, Consumers and CompetitionEvent: Building Societies Annual Conference 2022Delivered: 5 May 2022Note: this is the speech as drafted and may differ from the delivered version Highlights Many consumers are feeling the impact of the cost of living crisis – the financial […]
With over £25 million lost so far, the FCA launches its latest ScamSmart campaign aimed at raising awareness of increasingly sophisticated investment scam tactics: A 59-year-old woman lost £48,000 as scammers used screen sharing software to take over her computer and access her banking history. Her case is one of 2,142 the FCA has seen […]
GBPUSD is falling before the May meeting of the Bank of England. The Pound sterling is looking rather weak against the USD. The current quote for the instrument is 1.2525. The United Kingdom didn’t publish a lot of important macroeconomic statistics this week. However, there will be something worth paying attention to today – the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is falling within the bearish channel. 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 1.2575 and then resume moving downwards to reach 1.2255 Another signal in favour of […]