News

Jun 10
SGX NIFTY 50 INDEX, H4 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 16821.5 Pivot: 16484.5Support: 15914.5Preferred Case:On the H4, with price moving below ichimoku cloud and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from the pivot at 16484.5 in line with the swing high and 100% fibonacci projection to the 1st support at 15914.5 […]

Jun 10
Goldman slashes rating on Netflix and eBay to sell on caution around U.S. consumer

In a note on the internet sector, Goldman Sachs downgraded several stocks, moving Netflix NFLX, -5.15%, eBay EBAY, -3.00%, Roblox RBLX, -5.80% and Frontdoor FTDR, -3.83% to sell from neutral and GoodRx Holdings GDRX, -4.43% to neutral from buy. Analysts led by Eric Sheridan say they have concerns around the impact of a consumer recession […]

Jun 10
Press release on the reopening of trading in Retail Estates

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Retail Estates ,ISIN BE0003720340 on Euronext Brussels will re-open on 10/06/2022 at 09:00 CET. Source: FSMA

Jun 10
Innovation & Regulation: Partners in the success of Financial Services

Speech by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer, at Money20/20 Amsterdam. Speaker: Jessica Rusu, Chief Data, Information and Intelligence OfficerEvent: Money 2020 AmsterdamDelivered: 8 June 2022Note: this is a drafted speech and may differ from the delivered version Highlights Can a regulator be innovative? Can regulation be written differently? And can the financial […]

Jun 10
FCA fines guarantor lender TFS Loans Ltd (in administration) and requires it to provide redress to affected guarantors

TFS Loans Ltd (in administration) has been fined £811,900 by the Financial Conduct Authority (FCA) in relation to deficient affordability checks on 3,150 guarantors in its consumer credit business. The FCA has also imposed a requirement on TFS to redress the guarantors that were harmed by the firm not conducting appropriate checks. TFS offered guarantor […]

Jun 10
Coronavirus tally: Three key U.S. tourist destinations are seeing highest case numbers in latest sign pandemic is not over

COVID cases are spreading fastest in three key warm-weather tourist destinations in the U.S.,the New York Times reported Friday. Miami-Dade County in Florida, Honolulu County in Hawaii and San Juan in Puerto Rico are current averaging at least 85 new cases a day per 100,000 residents and positivity rates exceed 20%, the paper reported from […]