Latest Market News

Jun 27
Gold prices rise amid moves to ban Russian exports

Gold prices rose more than 9 dollars, during trading today, Monday, June 27, 2022; News of some Western countries’ plans to formally ban imports of the metal from Russia due to its invasion of Ukraine sparked interest in the precious metal. Four of the wealthy Group of Seven nations moved to ban Russian gold imports […]

Jun 27
Dogecoin price could rally 20% in July with this bullish reversal pattern

Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market. 79% chances DOGE will extend its rebound move DOGE’s price appears to have been painting a bump-and-run-reversal (BARR) bottom since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three successful phases: […]

Jun 27
Carnival stock pulls back after Stifel analysts slashes price target to incorporate a recession

Shares of Carnival Corp. CCL, +12.44% CCL, +3.44% fell 0.7% in premarket trading Monday, after Stifel Nicolaus analyst Steven Wieczynski “drastically” lowered his estimates to take account for the negative effects of a potential recession on the cruise operator. The stock pulled back after soaring 12.4% on Friday on the back of an upbeat business […]

Jun 27
China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

Stablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph. 432 Total views 2 Total shares Amid the Chinese government continuing to celebrate the massive decline of cryptocurrency markets this year, one key local blockchain expert has referred […]

Jun 27
Coronavirus tally: Pfizer says updated COVID-19 booster is better against omicron, as cases top 100,000 again

Pfizer Inc. PFE, +2.99% and BioNTech SE BNTX, +1.32% said over the weekend that the change they made to their COVID-19 vaccine that targets the omicron variant is both safe and effective. The announcement comes as the U.S. Food and Drug Administration considers this week if it should order a formula change for vaccines in […]

Jun 27
Monetary policy and financial stability

A key part of the Central Bank’s role is the maintenance of monetary and financial stability. Our work on the first of these is primarily done through monetary policy set for the euro area by the ECB’s Governing Council.  And here in Ireland we set out our views on the key risks to financial stability […]