Latest Market News

Jul 09
Central Bank of Ireland Issues Warning on Unauthorised Firm – Parker Prime

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Parker Prime (Estonia / United Kingdom) formerly operating the website addresses: https://parker-prime.com and https://clientzone.parker-prime.com, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate […]

Jul 09
BREAKING: Elon Musk wants to terminate the $44B Twitter takeover

Twitter’s secrecy on fake and spam account numbers on the platform is the main reason for tech mogul’s decision, a Friday letter revealed. 3467 Total views 49 Total shares In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the […]

Jul 09
Vita Coco stock soars after upgrade on expectations for decline in ocean freight costs

Vita Coco Co. COCO, +11.41% stock soared 16% in Friday trading after the coconut water company was upgraded to buy from neutral at Bank of America. Analysts raised their price objective to $12 from $10. BofA says the ocean freight market is showing signs of stabilizing, which could lead to cost declines for Vita Coco. […]

Jul 09
Market Spotlight: EURUSD Sinks Following Hawkish ECB Minutes

Hawkish ECB Minutes Fuel Growth ConcernsYesterday’s ECB meeting minutes clearly highlighted the extent to which the bank has turned hawkish. The minute showed the bank focusing on inflation concerns and the need to tackle rising consumer prices. Indeed, many policymakers were seen calling on the need for more aggressive action and a frontloading of rate […]

Jul 09
Market Spotlight: Trading Today’s NFP Release

NFP In FocusToday’sUS labour data will be in sharp focus as traders brace for the upcoming JulyFOMC meeting. With the FOMC minutes this week confirming the Fed’s plans topush ahead with aggressive tightening (.75% July hike) and Fed’s Waller andBullard both voicing support for such a move this week, it would likely take aheavy downside […]

Jul 09
Binance users support 0-fee trading despite CZ’s wash trading concerns

CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.” 1915 Total views 6 Total shares Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes […]