News

Aug 23
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]

Aug 23
Advance Auto Parts lowers outlook for the year as DIY business hit by inflation, high fuel prices

Advance Auto Parts Inc. AAP, +0.29% stock fell more than 6% in the extended session Tuesday after the auto-parts retailer reported mixed second-quarter results and lowered its outlook for the year. Advance Auto Parts said it earned $144 million, or $2.39 a share, in the quarter, compared with earnings of $177 million, or $2.76 a […]

Aug 23
Moderna completes FDA submission for new COVID-19 booster

Moderna Inc. MRNA, +0.92% said late Tuesday it has completed its submission to the U.S. Food and Drug Administration for the emergency-use authorization for its experimental bivalent COVID-19 booster for those who are 18 years old or older. The new shot targets the original strain of the virus as well as the BA.4 and BA.5 […]

Aug 23
EURUSD: below parity. Overview for 23.08.2022

After updating its 20-year lows, EURUSD remains under pressure. The major currency pair is looking weak on Tuesday. The current quote for the instrument is 0.9906. So, the Euro is cheaper than the “greenback”. We’ve already seen it this year, but the asset never traded so low – yesterday it tested 0.9930. Obviously, investors have […]

Aug 23
Murrey Math Lines 23.08.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading below it to indicate a possible descending tendency. In this case, the price is expected to test 4/8, break it, and then continue falling to reach the support at 3/8. However, this […]

Aug 23
Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses

Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt. 290 Total views 21 Total shares Bankrupt crypto lending company Celsius countersued decentralized finance (DeFi) protocol KeyFi and its CEO Jason Stone on Tuesday in the […]