Latest Market News

Jul 13
The Euro is trying to grow. Overview for 13.07.2022

EURUSD remains close to parity but keeps trying to recover. The major currency pair perseveres in its attempts to rise after yesterday’s decline. The current quote for the instrument is 1.0039. The key highlight is the parity EURUSD reached yesterday, something that investors haven’t seen in 20 years and, probably, wouldn’t like to see. However, […]

Jul 13
Credit union members will benefit from improved insurance coverage

The New Brunswick Credit Union Deposit Insurance Corporation (NBCUDIC) has extended its deposit protection coverage to include more savings products at insured credit unions. Effective July 1, 2022, members of New Brunswick credit unions insured with NBCUDIC will now receive insurance coverage for their Registered Disability Savings Plans (RDSPs), Registered Education Savings Plans (RESPs) and […]

Jul 13
Crypto winter presents an opportunity amid chaos, says asset group exec

Alex Tapscott told Cointelegraph that bear markets lead to great ideas being formed and new businesses being built. 1180 Total views 47 Total shares Bear markets often result in investors showing extreme fear in tools that measure the market’s sentiments. However, despite the uncertainties during a crypto winter, some prefer to focus on the opportunities […]

Jul 13
`Peak inflation will have to wait’: Traders see three more 8%-plus CPI readings despite falling gas prices

“Staggering.” “Ugly.” “Brutal.” And …. “out-of-date.” Those are some of the words that investors, analysts — and even President Joe Biden — used to sum up the June consumer price index report released on Wednesday. The report produced a 9.1% annual headline rate, an almost 41-year high, that surprised financial markets by coming in even […]

Jul 13
Central Bank highlights weaknesses in Virtual Asset Service Providers’ AML/CFT Frameworks

Central Bank seeks to anticipate and support innovation in the financial services industry Firms in novel areas must ensure their businesses will not be used to launder the proceeds of crime or to finance terrorism Central Bank issues a bulletin to virtual asset service providers (VASPs) to assist them in strengthening their applications and frameworks […]

Jul 13
Central Bank of Ireland welcomes publication of the International Monetary Fund’s assessment of Ireland’s financial sector

The IMF’s review recognises considerable progress in strengthening the framework for financial sector regulation, supervision and crisis management in Ireland. An increasingly large, complex and rapidly evolving financial system in Ireland raises new challenges for the future. Review makes targeted recommendations for further work, which will be considered by the Central Bank as it implements […]