Latest Market News

Jul 04
FCA cancels listing of Umuthi Healthcare Solutions

The Financial Conduct Authority (FCA) has decided to discontinue the listing of the standard shares of Umuthi Healthcare Solutions plc (UHS). The FCA has determined that there are special circumstances, which preclude normal, regular dealing in the shares of UHS.  At this stage the FCA will not provide any further details of the circumstances which […]

Jul 04
Alexander David Securities Limited enters liquidation

On 1 July 2022 Alexander David Securities Limited (ADSL) entered creditors’ voluntary liquidation and Shane Cooks, Emma Sayers and Malcolm Cohen of BDO LLP were appointed as joint liquidators.  We set out below the steps ADSL clients can take if they are concerned about any investments arranged or promoted by ADSL or its appointed representatives, […]

Jul 04
Meta signals closure of Novi wallet after a 10-month pilot

Meta’s wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook. 1130 Total views 29 Total shares Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi wallet pilot project. Novi’s website landing […]

Jul 04
Ichimoku Cloud Analysis 04.07.2022 (GBPUSD, XAUUSD, AUDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the resistance level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.2145 and then resume moving downwards to reach 1.1785 Another signal in favour of a further downtrend will […]

Jul 04
Japanese Candlesticks Analysis 04.07.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support level, USDCAD may reverse in the form of another ascending impulse. In this case, the upside target may be the resistance area at 1.2980. Later, the market may break this […]

Jul 04
Labour market recovery after the pandemic – Central Bank report

Q4 2021 saw 2.5 million people in employment, the highest on record. Strong employment was supported by the domestic labour force, with migration playing a smaller role Two groups drove this labour force expansion; under 25s and women over 35.  Evidence that there are longer running trends that have encouraged women to remain part of […]