Latest Market News
Type: Bullish Rise Key Levels:Resistance: 1.2181Pivot: 1.2061Support: 1.1955 Preferred Case:On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 1.2061 where the pullback support is to the 1st resistance at 1.2181 where the overlap resistance, 61.8% fibonacci […]
Type: Bearish Momentum Key Levels:Resistance: 4091.00Pivot: 3998.25Support: 3738.00 Preferred Case:On the H4, with price moving in a descending trendline and RSI also showing a descending trendline, we have a bearish bias that price will continue to drop from the pivot at 3998.25 at the swing high in line with the 61.8% fibonacci retracement to the […]
Facebook parent company Meta Platforms Inc. META, -4.50% on Tuesday said it is raising the price of Meta Quest 2 headsets by $100 to $399.99 (128GB) and $499.99 (256GB), starting Aug. 1. The company reports second-quarter results on Wednesday. Rival Apple Inc. AAPL, -0.88% is reportedly readying a headset of its own, for a possible […]
At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points. This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]
Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]
Governor of the Central Bank of Ireland Gabriel Makhlouf spoke this afternoon about current trends in the Irish, German and Eurozone economies, as well as opportunities and challenges in the financial system at an event hosted by the Consulate General of Ireland and IHK Frankfurt, in partnership with Verband der Auslandsbanken in Frankfurt, Europa Union […]