News

Jul 29
Transcript of Governor Gabriel Makhlouf’s interview with Niall Brady, The Sunday Times

Interview with Governor Makhlouf conducted 16 June 2022 Niall Brady: Okay, well listen thanks again for taking the time to talk to me.  You had a very busy week, from what I see yesterday was a busy day for you.  Gabriel Makhlouf: I’ve had a busy fortnight.  Niall Brady: Really?  Why a busy fortnight Gabriel […]

Jul 29
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity

Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay. 712 Total views 24 Total shares Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulation […]

Jul 29
U.S. stocks book gains Friday, ending a strong week and blockbuster month of July

U.S. stocks finished higher Friday, sweeping to big weekly and monthly gains, with the Nasdaq Composite scoring its best July on record. Stocks continued to rally after the Federal Reserve raised rates another 75 basis points on Wednesday in a bid to tame high inflation. Investors seemed to like what they heard from big-tech earnings […]

Jul 29
Was Market Reaction to the US GDP Contraction Too Emotional? Looking Under the Hood, it may Seem so

Demand for risk increased markedly, greenback declined and US bond yields took out recent lows (2.8% for 10-year bonds, 2.9% for 2-year bonds), finding an equilibrium at the lowest levels since April, as the US economy unexpectedly for many, including doomsayers, showed a negative growth rate in the second quarter. Nominal output fell by 0.9% […]

Jul 29
Euro FX Futures ( 6E1! ), H4 Potential For Bullish Momentum

Type: Bullish Momentum Key Levels:Resistance: 1.04235Pivot: 1.01325Support: 1.00015 Preferred Case:On the H4, with price bouncing off the ichimoku cloud and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the pivot at 1.01325 at the overlap resistance in line with the 61.8% fibonacci retracement . If price […]

Jul 29
Caterpillar Wave Analysis – 29 July, 2022

• Caterpillar reversed from support level 172.00 • Likely to rise to resistance level 200.00. Caterpillar recently reversed up from the support level 172.00 – strengthened by the lower daily Bollinger Band, 50% Fibonacci correction of the uptrend from 2020 to 2021 and by the support trendline of the wide down channel from last year. […]