Monthly Archives April 30, 2022

April 30, 2022

Summary US: GDP Head Fake obscures otherwise intact fundamentals In a week loaded with economic data, Thursday's negative GDP growth took center stage. The US economy contracted at an annualized rate of 1....

European ECB member Panetta denounces crypto-assets in a speech

April 29, 2022

In a speech this week at Columbia University by European Central Bank (ECB) Executive Board member Fabio Panetta, he denounced the whole “crypto bet”, considering crypto-assets as “causing the ins...

Column: Record U.S. corn and soybean sales for next year signal strength of demand, jitters

April 29, 2022

Corn grows in a field outside of Wyanet, Illinois, U.S., July 6, 2018. REUTERS/Daniel Acker/File PhotoJoin now for FREE unlimited access to Reuters.comRegisterNAPERVILLE, Illinois, April 28 (Reuters) - Corn and...

Bitcoin: Central African Republic adopts cryptocurrency as legal tender

April 29, 2022

The Central African Republic is now the second country in the world to declare bitcoin as its official currency, following the same move by El Salvador last year. Why is t...

Central bank sanctions BDO and UnionBank for online fraud incident

April 28, 2022

REUTERS/KACPER PEMPEL/FILE PHOTO By Luz Wendy T. Noble, Journalist THE BANGKO SENTRAL ng Pilipinas (BSP) announced Thursday that it has approved sanctions against BDO Unibank, Inc. and ...

Why forex trading is not a game

April 28, 2022

Currency trading takes place in the foreign exchange market. Trillions of dollars are traded in the foreign exchange market every day, making it the largest financial market in the world. In 2019, th...

Emirates plans additional flights to meet Eid travel demand

April 27, 2022

Emirates is preparing for Eid Al Fitr by adding additional flights to seven cities in the Gulf Cooperation Council and the Middle East. The member states of the Gulf Cooperation ...

Cryptocurrency and energy: a symbiotic ESG relationship | Timely LLP

April 26, 2022

Find out why the emerging cryptocurrency mining and energy industries are so intertwined and why they matter for ESG going forward. So how will this relationship evolve? Opportune LLP Director Ryan D...

Central Bank of Kenya orders banks to ration scarce dollars

April 26, 2022

Tuesday, April 26, 2022 / 5:41 AM PM / by Business Daily / Header image credit: Dawn Business Daily reports that the Central Bank of Kenya (CBK) has ordered commercial banks to ration dollars following a US c...

Significant short-term resistance approaching

April 26, 2022

ETH/USD staged an upward reversal in early trading this morning, but that didn't wash away the jittery sentiment that technically still remains high.AdvertisementAs of this writing, ETH/USD is near the 3000.00 ...

Shoppers push for tech investment as demand for new payment methods grows

April 25, 2022

Monday, April 25, 2022 9:00 a.m. UK shoppers are pushing retailers to increase their investment in technology as demand from retailers for new payment method...

Big Whales, Cryptocurrency Millionaires, Accumulate Radio Caca (RACA) and Increase Project Volume – CryptoMode

April 24, 2022

BNBChain's top 100 whales are profiting from cryptocurrency price swings and massively accumulating the Radio Caca (RACA) cryptocurrency, according to data from WhaleStats. According to the site, RACA is the...

Transcript: Christine Lagarde on “Face the Nation”, April 24, 2022

April 24, 2022

The following is the transcript of an interview with Christine Lagarde, President of the European Central Bank, broadcast on Sunday April 24, 2022 on "Face the Nation".MARGARET BRENNAN: We are now joine...

Shirtless farmers protest in Ambala and demand sugar cane duties: The Tribune India

April 23, 2022

Tribune press service Ambala, April 22 Angered by the delay in sugarcane payments, farmers staged a shirtless protest aga...

LemonDuck bot targets Docker cloud instances to mine cryptocurrency on Linux systems

April 22, 2022

The LemonDuck cryptomining bot targets cloud Docker instances on platforms using Linux, researchers have reported. Pictured: A Bitcoin logo is seen during the Bitcoin 2022 conference at the Miami Beach Convent...

UK stocks fall on hawkish central banks and weak retail sales data – Markets

April 22, 2022

British stocks fell on Friday as the growing prospect of aggressive monetary policy tightening coupled with a sharp drop in retail sales in the country raised concerns about economic growth. The blue-chip FTSE ...

Bitcoin gives up gains during the 50-day EMA

April 22, 2022

Quite frankly, I'm not that impressed at this point.Bitcoin initially attempted to rally during Thursday's trading session, but appears to have given back early gains to show signs of hesitation during the 50-d...

On-demand digital freight network Convoy raises $260 million

April 21, 2022

We're excited to bring back Transform 2022 in person on July 19 and virtually from July 20-28. Join leaders in AI and data for in-depth discussions and exciting networking opportunities. Register today...

Cryptocurrency mining will be allowed in Sturgeon, with rules

April 20, 2022

Sturgeon County may have legal cryptocurrency mines operating at gasworks sites later this year, now that the county council has passed new laws regulating them. Sturgeon County Council voted 6 to 1 (...

All major eurozone banks can withstand Russian delisting, ECB says

April 20, 2022

The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany December 8, 2016. REUTERS/Ralph OrlowskiJoin now for FREE unlimited access to Reuters.comRegisterEnria sees...

The EURGBP settles between 100/200 hours MA

April 19, 2022

EURGBP tries to rise with more work to do the EURGBP EUR/GBP The EUR/GBP is the currency pa...

Access to recreational marijuana reduces demand for prescription drugs

April 18, 2022

Legalizing recreational marijuana reduces demand for expensive prescription drugs through state Medicaid programs, according to an analysis by a Cornell researcher and collaborator. When states legaliz...

Equirus’ Ajit Deshmukh on FY22 Investment Company Journey and Plans to Invest in Cryptocurrency Startups

April 18, 2022

Equirus Group Financial Services, which manages Equirus Capital, a mid-sized, full-service investment firm, is looking to expand its services to blockchain start-ups in addition to cryptocurrency companies. Th...

Rich world central banks on new ground

April 17, 2022

Over the years, the central banks of the rich world have become one-trick ponies. They print and flood the financial system with money to drive down interest rates at the slightest...

South Park, Game of Thrones

April 15, 2022

'Euphoria' tops three most requested shows for streamer, according to Parrot Analytics The most requested show on HBO Max in March was "South Park", which had 48.16 times the ave...

Pound returns previous gains

April 15, 2022

Looking at this chart, we're obviously in a downtrend, so obviously I'd rather sell.The British Pound had a very bullish Wednesday session, but during the day on Thursday we started to see that unravel a bit. I...

Cryptocurrency Prices Today Mixed: Bitcoin, Ether, Shiba Inu Fall While Dogecoin, Xrp Surge

April 15, 2022

In cryptocurrencies, the price of Bitcoin today slipped below the $41,000 level. The world's largest and most popular cryptocurrency was trading nearly 3% lower at $40,187. The digital to...

IMF points finger at central banks – but are they listening? | Philippe Inman

April 14, 2022

IInternational agencies saw their influence wane after the financial crash of 2008, as support for multilateral agreements gave way to quick fixes between governments. The International Monetary Fund and the W...

Euro rebounds at crucial support level

April 14, 2022

I'm just looking to tone down the rally every time it happens until proven otherwise.The Euro rebounded from the crucial 1.08 level, an area that was previously supported. In doing so, it suggests that the mark...

US airline demand, costs soar as profits kick in

April 12, 2022

An American Airlines plane flies over JetBlue and United Express planes as it lands at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. REUTERS/Joshua RobertsJoin now for FREE unlimited a...

Personal data breach on former cryptocurrency trading site AlphaEx

April 12, 2022

The private details of 24 New Zealanders registered on a now defunct cryptocurrency trading site have been found on the dark web. Photo: 123RF About 5,000 driver's licenses, passports and other data...

Maintain central bank autonomy

April 11, 2022

Helal Uddin Ahmed | Published: April 11, 2022 8:41:00 PM The country's central bank Bangladesh Bank (BB) is responsible for regulating and supervising the national banking sector. As has been sta...

Investors on the defensive as US 10-year yields hit three-year high

April 11, 2022

After a positive start to the week, US equity futures took a hit as bond yields rose across the curve, indicating that the recovery from last week's selloff will prove difficult. The sharp rise in yields over...

Olympic and NCAA champions demand action to protect women’s swimming, says NCAA response not good enough

April 10, 2022

NEWYou can now listen to Fox News articles! A group of University of Arizona swimmers have written a letter to the NCAA expressing deep concern about the state of women's swimming following Lia Thomas' victor...

Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Benchmark Rates Cryptocurrency

April 9, 2022

Chicago-based global markets firm and derivatives exchange CME Group plans to launch 11 new benchmark rates tied to specific crypto assets. Reference rates and real-time indices enhanced by CF Benchmark...

Week Ahead: Central Banks, Inflation Data and Earnings to Highlight the Week

April 9, 2022

After a rather quiet week due to the lack of economic highlights last week, things kick into high gear this week as central banks and inflation data take center stage. The RBNZ, BOC and ECB are all meeting t...

Global Rugs and Carpets Market Report: Historical and Forecast Demand by Product and Market, Net Exports and Shipments Country by Country – ResearchAndMarkets.com

April 8, 2022

DUBLIN--(BUSINESS WIRE)--The report "Global Rugs and Carpets Market 2021-2029" has been added to from ResearchAndMarkets.com offer. The industry study analyzes the $38 billion global rug and carpet...

WhiteSands fund uses cryptocurrency to help mother of 3

April 8, 2022

Tampa, April 07, 2022 (GLOBE NEWSWIRE) -- Tampa, Florida -- Plant City, Florida - Thanks to a recent partnership between WhiteSands Alcohol and Drug Rehab and the NFT Bored Mummy Waking Up Project, a Florid...

The effect of central banks on the forex market – what every trader should know

April 7, 2022

No matter where you live, your country's monetary system is heavily influenced by the central bank, and actions taken by the central bank are likely to have a significant impact on the econ...

Gold continues to sit in support

April 7, 2022

Keep in mind that gold markets have a lot of different things moving them right now, not the least of which would be geopolitical concerns with regards to the war in Ukraine. Gold markets moved back and forth o...

U.S. demand expected to support Vietnam’s shrimp exports

April 6, 2022

Reports in Vietnam expect the strong outlook for US demand to offset market upheavals resulting from the Russian-Ukrainian conflict. Truong Dinh Ho...

Bequette issues statement regarding lead on cryptocurrency – SWARK Today

April 5, 2022

Press release Senate Candidate Jake Bequette Continues To Lead Cryptocurrency Bequette is the only candidate "committed to defending Bitcoin and cryptocurrency" Little Rock, AR ...

Central banks sell 6 tons of gold in February

April 5, 2022

Editor's Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today's must-see news and expert opinion in minutes. Register here! (Kitc...

Give up early gains above 50 day EMA

April 5, 2022

The Litecoin market rallied a bit during Monday's trading session to initially break above the $125 level. However, the market returned much of the gain to show signs of exhaustion and hesitation as we returne...

Coworking sees a rise in demand

April 4, 2022

Since 2020, four of the top five coworking providers in Los Angeles have returned 1 million square feet of space to the market, according to Raise Commercial Real Estate.The brokerage found that coworking accou...

Cryptocurrency exchanges take a hit as India’s new tax regime begins

April 4, 2022

Domestic cryptocurrency exchanges saw a sharp drop in volumes in the first three days of A...

Now is not the time for the Reserve Bank to hit inflation too hard

April 3, 2022

OPINION: One of the main causes of car accidents is "overcorrection". It is too easy to imagine the scenario. A driver loses his concentration, panics when he realizes that he has drifted to the left and ...

Forex Forecast: Pairs in Brief

April 3, 2022

Get Forex forecasts using fundamental, sentiment and technical position analysis for major pairs for the week of April 4, 2022 here. The difference between success and failure in Forex trading will most likely ...

Washington State to Offer High-Demand IT Certificates in Fall | News, Sports, Jobs

April 2, 2022

Washington State Community College is expanding its curriculum to include two additional high-demand information technology certificates. Beginning in fall 2022, students will b...

Why Aave’s Cryptocurrency Is Soaring Today

April 1, 2022

What happened Aaveit's ( AAVE 21.45% ) the token is once again soaring in today’s trading. The cryptocurrency was up about 22.9% over the previous 24-hour period as of 3:15 p.m. ET ...

Bank of Canada’s Macklem to chair Basel Banking Committee oversight body

April 1, 2022

Bank of Canada Governor Tiff Macklem arrives for a news conference in Ottawa, Ontario, Canada March 3, 2022. REUTERS/Blair GableJoin now for FREE unlimited access to Reuters.comRegisterApril 1 (Reuters) - The w...

U.S. Nonfarm Payrolls Snapshot – Another Huge Month of Employment Gains Expected

April 1, 2022