Latest Market News

Feb 10
TFS Loans Limited enters administration

On 8 February 2022 TFS Loans Limited was placed into administration. Allister Manson and Trevor Binyon of Opus Restructuring LLP were appointed as Joint Administrators. TFS Loans Limited is a high cost and guarantor lender, which lends money to customers for up to 60 months. The Joint Administrators will update customers as soon as possible. […]

Feb 10
Man United onboards Tezos as its official Web3 and training kit partner

Tezos will help Manchester United build a fan-centered ecosystem based on the metaverse concept. 1251 Total views 40 Total shares Manchester United, one of the oldest soccer clubs in the world, has confirmed its partnership with blockchain firm Tezos as the official training kit and technology partner. The soccer club aims to introduce its fans […]

Feb 10
Stocks open lower after hot January CPI reading

Stocks opened lower Thursday, with the tech-heavy Nasdaq Composite leading the way lower after January inflation data came in hotter than expected. The Dow Jones Industrial Average DJIA, -0.11% fell 247 points, or 0.6%, while the S&P 500 SPX, -0.34% shed around 1% to 4,541. The Nasdaq COMP, -0.45% fell 1.4% to 14,292. Source: Marketwatch

Feb 10
Bitcoin set to help communities — Latinx nonprofit now accepts crypto donations

“This funding mechanism will allow us to widen our donor base and reach a new generation of supporters,” said Corazón Latino founder Felipe Benitez. 256 Total views 3 Total shares An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.” […]

Feb 10
OPEC leaves 2022 forecast for oil-demand growth unchanged, bumps up 2021 estimate

The Organization of the Petroleum Exporting Countries on Thursday left its forecast for oil-demand growth in 2022 unchanged at 4.2 million barrels a day. In a monthly report, the cartel tweaked its estimate for demand growth in 2021 by 17,000 barrels a day to 5.7 million barrels a day, mainly due to better performance in […]

Feb 10
The Yen remains under pressure. Overview for 10.02.2022

USDJPY has been rising for the third consecutive trading session; investors don’t need “safe haven” assets.  The Japanese Yen continues falling against the USD. The current quote for the instrument is 115.77. Today’s statistics showed that the PPI in Japan was 8.6% y/y in January, a bit worse than in December, but better than the […]