Latest Market News
European firms wishing to remain in the temporary permissions regime (TPR) need to meet the FCA’s standards to continue operating in the UK. The regime was designed to ensure that European firms operating in the UK via a passport when the Brexit transition period ended could continue operating temporarily while they seek full authorisation in the UK. The TPR should only be used by firms who want to operate in the UK in the long-term and meet the standards to do so. […]
ProKidney LP, a cellular therapeutics company focused on kidney disease, announced an agreement to merge with special purpose acquisition company (SPAC) Social Capital Suvretta Holdings Corp. III DNAC, +0.32% in a deal that values the combined company at $2.64 billion. The deal, which will take ProKidney public, is expected to provide $825 million in cash […]
Montréal – The Canadian Securities Administrators (CSA) warns the public about investment schemes involving fraudulent websites that solicit investments in foreign exchange (often referred to as “forex”), binary options and/or crypto assets. In particular, fraudsters continue to capitalize on market interest in crypto assets to lure investors into scams, using high-pressure sales tactics and promises […]
Bitcoin (BTC) hodlers face a crucial week in more ways than one as $42,000 rekindles a familiar battle. As noted by on-chain analytics firm Glassnode on Monday, 30% of the BTC supply is now at a loss — historically, this has been a key number to defend for bulls. Mixed opinions on rebound chances Bitcoin’s […]
USDJPY has been rising for the second consecutive trading session; the Bank of Japan is not ready to act aggressively. The Japanese Yen is retreating against the USD on Tuesday. The current quote for the instrument is 114.54. During its January meeting that ended earlier today, the Bank of Japan left its monetary policy intact. […]
EURUSD retreated to 1.1400 as soon as the US 10-year bond yield started rising. The major currency pair is correcting. The current quote for the instrument is 1.1393. After a pause in view of Martin Luther King Jr. Day in the US, investors are back to the debt market, where the US 10-year bond yield […]