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Last year, the Financial Services and Markets Authority (FSMA) received 1,710 messages from consumers about various financial matters. That is an increase of 13 per cent compared to 2016, during which year the FSMA recorded 1510 questions and complaints. Nearly half of the messages were questions or complaints relating to fraud and unlawful offers of […]
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the United States House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions. In a Wednesday hearing of the House Financial Services Committee on “Monetary Policy and the State of the Economy,” California Representative Juan Vargas […]
A coalition of eight state attorneys general on Wednesday said it has started an investigation into video-sharing platform TikTok and its potential harm to children. The action builds on an investigation by the same group of AGs into Facebook parent Meta Platforms Inc.’s FB, +2.27% Instagram that focuses on similar concerns. The investigation is being […]
In the last couple of days, the BTC leaped up almost 20%. On Wednesday, the major cryptocurrency is trading at $44,040, while yesterday it cost almost $45,000D. The BTC capitalisation recovered at $824 billion. What has happened? It seems like investors concerned with what is happening in geopolitics rushed into the crypto sector. The negative […]
EURJPY, “Euro vs Japanese Yen” EURJPY is trading at 127.79; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 128.75 and then resume moving downwards to reach 125.25. Another signal in favour of a further downtrend will be a […]
The echo of the Ukraine conflict and its sanction repercussions are heard more and more loudly in the global asset markets. As Russian trade ties with European countries are much stronger than, for example, with the United States, European assets and currencies are first on the line to feel the blow. On Wednesday, we saw […]