Latest Market News
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 […]
Published: July 8, 2022 at 6:15 p.m. ET Shares of Digital World Acquisition Corp. were rocketing 17% in after-hours trading Friday after Tesla Inc. Chief Executive Elon Musk said he was terminating his $44 billion deal for Twitter Inc. . Digital World is a special-purpose acquisition corporation buying the company that operates President Donald Trump’s […]
GBPUSD moved upwards in response to the British Prime Minister’s resignation. The Pound Sterling is consolidating against the USD on Friday after a slight growth the day before. The current quote for the instrument is 1.1936. British politics took the stage yesterday. British Prime Minister Boris Johnson has quit after finding himself in the crosshairs […]
Published: July 8, 2022 at 5:08 p.m. ET Moody’s Investors Service late Friday downgraded its rating on Mexico’s sovereign bonds to Baa2, the next-to-last rung of investment grade, saying that the country’s economy will remain “constrained by weak investment prospects” and the “economic scarring” from the pandemic will not reverse. Moreover, Mexico’s fiscal prospects will […]
Following strong U.S. job data, stocks and currencies recovered after a brief dip. Emerging market currencies and stocks pared some of their gains on Friday after a much stronger-than-expected increase in US payrolls bolstered the case for another major interest rate hike by the Federal Reserve, but they quickly returned to pre-data levels. The Fed’s […]
Markets brace for release of the NFP report today which will likely indicate deceleration in the pace of creation of new jobs compared to the previous month. However, market impact from a moderate downside surprise is seen limited as only serious slack in payrolls growth can trigger reassessment of the pace of the Fed policy […]