Latest Market News

Feb 15
Statement on funeral plan provider applications

From 29 July 2022, the Financial Conduct Authority (FCA) will regulate funeral plan providers, following a change in the law. Ahead of that, the FCA is assessing applications from funeral plan providers for authorisation. This process is to ensure:   firms sell products which offer fair value, meet consumer needs and are sold fairly   firms are […]

Feb 15
Safe Hands Plans withdraws application for authorisation

Safe Hands Plans Limited has withdrawn its application to the FCA for authorisation as a funeral plan provider. Safe Hands Plans will not be taking on new customers. Do not buy a new funeral plan from this firm. Safe Hands Plans will contact current customers to discuss their options. If you have any questions about […]

Feb 15
LooksRare team cashes out $30M in WETH, faces community backlash

The price of the native token LOOKS tumbled by 15% after the news of the cash-out became public. 1130 Total views 41 Total shares LooksRare, a nonfungible token (NFT) marketplace touted to be the OpenSea killer, became the talk of the NFT world after the team behind the project cashed out millions in Ether (ETH). […]

Feb 15
Arch Resources stock rallies into record territory after profit misses but revenue beats by wide margin

Shares of Arch Resources Inc. ARCH, +1.50% climbed 1.5% toward a record high in morning trading Tuesday, but pared earlier gains of as much as 10.5%, after the coal producer reported a fourth-quarter profit that missed expectations but revenue that more than doubled and was well above forecasts, and said it planned to restart its […]

Feb 15
The Pound moved into the black. Overview for 15.02.2022

The British Pound is getting stronger in response to good labour market data.   The British Pound is back to rising against the USD on Tuesday. The current quote for the instrument is 1.3547. Earlier today, the United Kingdom released a lot of numbers on its labour market. For example, the Unemployment Rate in December […]

Feb 15
The Yen is very active. Overview for 15.02.2022

USDJPY is rising on Tuesday; the asset is more volatile than usual.  The Japanese yen is falling against the USD on Tuesday. The current quote for the instrument is 115,61. The pair has been more volatile than usual recently. The reason for this is a constant revaluation of external risks.  According to the data published […]